Overview
What is Red Tail Scholarship Foundation?
The Red Tail Scholarship Foundation is a nonprofit organization situated in Tuskegee, Alabama. With a strong commitment to fostering opportunities for African American students, the foundation focuses on the aviation industry. By offering funding resources and mentorship, they aim to support and nurture the career development of high school and college students interested in this field. The Red Tail Scholarship Foundation serves as a guiding force for aspiring aviation professionals, providing essential mentorship to help them succeed. The organization's dedicated team comprises four individuals.
Official website here: www.rtfa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Red Tail Scholarship Foundation has received a solid rating of 84%, primarily reflecting its accountability and financial health. The organization demonstrates strong governance, with 100% of its board members being independent and a comprehensive audit of its financial statements. This level of oversight is crucial for ensuring resources are used effectively in pursuit of their mission.
Strengths noted in the evaluation include a high program expense ratio of 91.37%, indicating that the majority of funds are directed toward its core programs rather than administrative costs. Additionally, the organization reported no material diversion of assets, reaffirming its commitment to transparency and ethical management.
However, the foundation does have some limitations, including the absence of key policies such as a conflict of interest policy and a whistleblower policy, which were noted as missing. Addressing these gaps could enhance its governance framework and overall operational integrity, ensuring that it continues to build trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Red Tail Scholarship Foundation legitimate?
Red Tail Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Tail Scholarship Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,567
For more financial information, click here
Official website here: www.rtfa.org
What is the mission statement of Red Tail Scholarship Foundation?
The Red Tail Scholarship Foundation is a non-profit organization dedicated to the career development of African American high school and college students in the aviation industry. They achieve this by offering mentorship and resources to aspiring aviation professionals. The foundation's mission is to provide opportunities for African American students in various sectors of the aviation industry through funding, resources, and mentorship. By doing so, they aim to empower these students and contribute to the diversification of the aviation industry.
Official website here: www.rtfa.org
Who is the CEO of Red Tail Scholarship Foundation?
Will Sparrow is the Director Of of Red Tail Scholarship Foundation.
Official website here: www.rtfa.org
What is the revenue of Red Tail Scholarship Foundation?
Red Tail Scholarship Foundation's revenue in 2022 was $774,153.
Official website here: www.rtfa.org
Who are the executives of Red Tail Scholarship Foundation and what are their salaries?
The average compensation at Red Tail Scholarship Foundation during 2022 was $16,392. There are 4 employees at Red Tail Scholarship Foundation.
Here are 9 key members and their salaries:
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Official website here: www.rtfa.org
Where can I find the form 990 for Red Tail Scholarship Foundation?
Red Tail Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rtfa.org
Learn more at the official website: www.rtfa.org
Mission Statement of Red Tail Scholarship Foundation
The Red Tail Scholarship Foundation is a non-profit organization with a mission to foster the career development of African American high school and college students in the aviation industry. This organization provides crucial mentorship and resources to aspiring aviation professionals, aiming to open up opportunities in all sectors of the aviation industry for these students through funding and guidance. By doing so, the Red Tail Scholarship Foundation seeks to empower and support the next generation of aviation professionals from the African American community.
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Impact
July, 2024
The Red Tail Scholarship Foundation has made a significant impact by providing opportunities for African American students in the aviation industry. Through funding resources and mentorship, the foundation helps aspiring future aviation professionals to further their careers and education. Their commitment to the career development of African American high school and college students contributes to greater diversity and inclusion in the aviation industry.
This information is meant to be a general summary of Red Tail Scholarship Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $166
- Program Service Revenue: $87,853
- Gross Receipts: $774,153
Assets and Liabilities:
- Total Assets: $906,295
- Total Liabilities: $21,169
- Net Assets: $885,126
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLIGHT TRAINING INCOME
Revenue
$87,853
Organization Details
Founding Year
2017
Phone
(334) 721-3591Principal Officer
Will Sparrow
Main Address
1721 GEN BENJAMIN O DAVIS JR DRIVE, TUSKEGEE, AL, 36083
Website
www.rtfa.orgNTEE Category
Code: B82 - Education
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