Overview
What is Hlv Area Scholarship Foundation?
The Hlv Area Scholarship Foundation, located in Victor, Iowa, is a dedicated nonprofit organization. Its primary objective is to provide educational scholarships to deserving high school graduates residing in the local community. The foundation supports these students in furthering their education, contributing to their personal growth and potential. The foundation's activities and mission remain focused on this educational assistance, making a significant impact on the lives of young individuals in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 74%)
The Hlv Area Scholarship Foundation has received a two-star rating from Charity Navigator, indicating that the organization has areas needing improvement while maintaining a relatively decent overall score of 74%. A key strength of the foundation is its complete allocation of program expenses, which stands at 100%, showing that it focuses its resources directly on its mission. Moreover, the organization has strong policies in place regarding conflict of interest and whistleblowing, demonstrating a commitment to ethical governance.
However, significant concerns arise from the lack of independent board members, with 0% independence noted in the board composition. Additionally, the foundation's website is not listed on its tax form, and it has failed to post its tax documents online, which raises transparency issues. These factors contribute to its lower accountability and finance score, suggesting that while the foundation is effective in delivering its programs, improvements in governance and transparency practices are essential for better performance and trustworthiness in the eyes of donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Hlv Area Scholarship Foundation legitimate?
Hlv Area Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hlv Area 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: $0
For more financial information, click here
What is the mission statement of Hlv Area Scholarship Foundation?
The Hlv Area Scholarship Foundation's mission is centered around providing educational opportunities. Specifically, they offer scholarships to graduating high school students within their scope. By doing so, they aim to support local talent in furthering their education, potentially opening up a world of opportunities. This initiative not only benefits the individuals receiving the scholarships but also contributes to the broader community by nurturing future leaders and contributors. The foundation's primary focus is on empowering these students through financial aid, thereby enabling them to pursue their academic dreams.
Who is the CEO of Hlv Area Scholarship Foundation?
Tim Glotfelty is the President of Hlv Area Scholarship Foundation.
What is the revenue of Hlv Area Scholarship Foundation?
Hlv Area Scholarship Foundation's revenue in 2022 was $22,236.
Who are the executives of Hlv Area Scholarship Foundation and what are their salaries?
There 7 volunteers at Hlv Area Scholarship Foundation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hlv Area Scholarship Foundation?
Hlv Area Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hlv Area Scholarship Foundation
The Hlv Area Scholarship Foundation is committed to providing educational scholarships to local graduating high school students. Their mission is centered around empowering young individuals by offering financial aid, thereby enabling them to pursue higher education. By doing so, the foundation aims to contribute to the development of the community, fostering a more educated and prosperous society. The Hlv Area Scholarship Foundation serves as a vital source of support for aspiring students, providing them with the opportunity to further their education and shape their futures.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Hlv Area Scholarship Foundation's impact is significant in supporting local graduating high school students in pursuing their education through scholarships. By providing financial assistance to these students, the foundation helps alleviate the financial burden of higher education, making it more accessible and attainable for deserving individuals in the community. This support enables students to further their academic and career goals, ultimately contributing to their personal growth and the betterment of the community as a whole.
This information is meant to be a general summary of Hlv Area 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.
- Gross Receipts: $22,236
Assets and Liabilities:
- Total Assets: $685,530
- Total Liabilities: $0
- Net Assets: $685,530
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(319) 647-3121Principal Officer
Tim Glotfelty
Main Address
702 THIRD STREET BOX L, VICTOR, IA, 52347
NTEE Category
Code: B82 - Education
If you are a representative of Hlv Area Scholarship Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.