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Texas Asphalt Pavement Association Scholarship Program

Scholarship Program

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821037918 ✦ Buda, TX ✦ Designated as a 501(c)(3)

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Overview

What is Texas Asphalt Pavement Association Scholarship Program?

The Texas Asphalt Pavement Association Scholarship Program is a nonprofit initiative based in Buda, Texas. Their primary mission involves providing financial aid to college students who show a passion for the asphalt and construction sectors. Through this scholarship program, they aim to foster talent in these fields, potentially contributing to the industry's growth and development. The program's exact location within Buda is specified as a PO box.


Official website here: www.texasasphalt.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98%, Four-Star out of Four Star Rating

The Texas Asphalt Pavement Association Scholarship Program has received an impressive score of 98% from Charity Navigator, indicating a strong performance in terms of accountability, finance, and impact measurement. The high score reflects a solid commitment to financial health, evidenced by a liability to assets ratio of just 0.13% and a program expense ratio of 100%, meaning all funds are effectively directed towards the program's mission.

The program excels in measuring its impact, achieving a perfect score of 100 in both impact evaluation and overall impact measurement. This suggests that the scholarship program not only effectively supports its recipients but also demonstrates a significant return on investment, with recipients seeing an income increase of more than $1.25 for every dollar spent on the scholarships.

However, while the organization scores well in both accountability and impact, it is important for potential donors and supporters to consider how these high ratings translate into long-term sustainability and outreach. Continuous monitoring of these metrics will ensure that the program remains effective and relevant in addressing the needs of scholarship recipients.


This AI summary has been generated from information found on Charity Navigator.

Is Texas Asphalt Pavement Association Scholarship Program legitimate?

Texas Asphalt Pavement Association Scholarship Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Asphalt Pavement Association Scholarship Program 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: $0

For more financial information, click here


Official website here: www.texasasphalt.org

What is the mission statement of Texas Asphalt Pavement Association Scholarship Program?

The Texas Asphalt Pavement Association Scholarship Program has a mission to offer financial assistance to college students who have shown a keen interest in the asphalt and construction-related fields. By providing scholarships, the program aims to encourage and support the next generation of professionals in these sectors. The program's goal is to foster talent and contribute to the growth of the asphalt and construction industries. The scholarships serve as an investment in the future, recognizing and assisting those with a passion for these fields.


Official website here: www.texasasphalt.org

What is the revenue of Texas Asphalt Pavement Association Scholarship Program?

Texas Asphalt Pavement Association Scholarship Program's revenue in 2023 was $905,048.


Official website here: www.texasasphalt.org

Who are the executives of Texas Asphalt Pavement Association Scholarship Program and what are their salaries?

Here are 7 key members and their salaries:


Craig Odom (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Mullen (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Schlather (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geno Carrier Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Schranz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.texasasphalt.org

Where can I find the form 990 for Texas Asphalt Pavement Association Scholarship Program?

Texas Asphalt Pavement Association Scholarship Program's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.texasasphalt.org

Learn more at the official website: www.texasasphalt.org

Mission Statement of Texas Asphalt Pavement Association Scholarship Program

The Texas Asphalt Pavement Association Scholarship Program, in essence, is committed to providing financial aid to college students who have shown a profound interest in the asphalt and construction-related fields. By offering scholarships, this organization aims to encourage and support the next generation of professionals in these sectors. The program's mission is to foster talent and knowledge in these crucial industries, thereby contributing to their growth and development.

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Impact




July, 2024

The Texas Asphalt Pavement Association Scholarship Program has made a significant impact by providing financial assistance to college students interested in the asphalt and construction-related fields. These scholarships help students pursue their academic goals and develop their skills in these specialized areas. By offering this support, the program plays a crucial role in fostering the next generation of professionals in the industry, contributing to its growth and sustainability. Additionally, the scholarships contribute to the broader goal of promoting education and innovation in the asphalt and construction sectors, ultimately benefiting the entire community.




This information is meant to be a general summary of Texas Asphalt Pavement Association Scholarship Program. 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.

Revenue
$905,048 (2023)
Expenses
$317,298 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $55,458
  • Gross Receipts: $936,231

Assets and Liabilities:

  • Total Assets: $2,375,297
  • Total Liabilities: $3,300
  • Net Assets: $2,371,997

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Organization Details

Founding Year

2017

Principal Officer

Eric Schranz

NTEE Category

Code: B82 - Education

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