Overview
What is Stella H Oaks Foundation?
The Stella H Oaks Foundation, located in Bountiful, Utah, is a nonprofit organization dedicated to supporting single mothers in achieving their educational goals. By granting scholarships, the foundation enables these women to acquire the necessary education and skills training, enabling them to enter the workforce and better support their children. In 2022, the foundation increased the number of scholarships awarded and the amount of scholarship money granted, furthering its commitment to empowering single mothers. The organization's mission focuses on promoting self-sufficiency and improving the lives of both the mothers and their children.
Official website here: www.stellahoaks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Stella H Oaks Foundation has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial management. This rating is derived entirely from its Accountability & Finance Score, reflecting the organization's strong adherence to transparency and effective governance practices.
One of the foundation's notable strengths is its independent board, consisting of 100% independent members, ensuring that decisions are made without conflicts of interest. Additionally, the foundation shows exceptional financial health with a liabilities to assets ratio of 0.00%, suggesting a strong ability to meet its obligations. The high program expense ratio of 93.98% highlights a commitment to directing funds towards its mission rather than administrative costs.
While the foundation exhibits strong management practices, the reliance on a single beacon score means that other aspects of its operations, such as impact and community feedback, are not reflected in this rating. Overall, the Stella H Oaks Foundation demonstrates a commendable commitment to accountability and financial health, but further information on program effectiveness would provide a more comprehensive view of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Stella H Oaks Foundation legitimate?
Stella H Oaks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stella H Oaks 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,000
For more financial information, click here
Official website here: www.stellahoaks.org
What is the mission statement of Stella H Oaks Foundation?
The Stella H Oaks Foundation's mission is centered around providing scholarships that empower single mothers. This mission aims to help these mothers gain the necessary education and skills training to achieve their educational goals, enter the workforce, and effectively support their children. In 2022, the foundation expanded its efforts by awarding more scholarships and increasing the amount of financial aid granted to recipients. These women are pursuing further education through traditional higher education, technical programs, and certificate courses.
Official website here: www.stellahoaks.org
What is the revenue of Stella H Oaks Foundation?
Stella H Oaks Foundation's revenue in 2023 was $955,833.
Official website here: www.stellahoaks.org
Who are the executives of Stella H Oaks Foundation and what are their salaries?
The average compensation at Stella H Oaks Foundation during 2023 was $52,500. There are 2 employees and 30 volunteers at Stella H Oaks Foundation.
Here are 8 key members and their salaries:
- Compensation: $24,000
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.stellahoaks.org
Where can I find the form 990 for Stella H Oaks Foundation?
Stella H Oaks Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stellahoaks.org
Learn more at the official website: www.stellahoaks.org
Mission Statement of Stella H Oaks Foundation
The Stella H Oaks Foundation is committed to a noble mission. This organization aims to provide scholarships for single mothers, enabling them to pursue their educational goals and acquire the necessary skills to enter the workforce. By offering these scholarships, the foundation empowers these women to better support their children. In 2022, the Stella H Oaks Foundation expanded its efforts, awarding more scholarships and increasing the amount of scholarship money granted. The recipients of these awards are driven individuals seeking to advance their education through traditional higher education programs, as well as technical programs and certificates.
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Impact
July, 2024
The Stella H Oaks Foundation's impact lies in empowering single mothers to pursue their educational goals, enter the workforce, and support their children. By providing scholarships for education and skills training, the foundation enables these mothers to enhance their opportunities for personal and professional growth. Through their efforts, the foundation has made a positive difference by increasing the number of scholarships awarded and the amount of financial support granted to help single mothers advance in their education and careers.
This information is meant to be a general summary of Stella H Oaks 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 2023.
- Investment Income: $15,059
- Gross Receipts: $955,833
Assets and Liabilities:
- Total Assets: $1,252,364
- Total Liabilities: $2,500
- Net Assets: $1,249,864
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Organization Details
Founding Year
2017
Principal Officer
Andrea Clarke
Website
www.stellahoaks.orgNTEE Category
Code: B82 - Education
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