Overview
What is Fsa Scholarship Foundation?
The Fsa Scholarship Foundation, located in Roanoke, Texas, is a dedicated nonprofit organization committed to fostering careers and community leadership within the retail food industry. They annually award scholarships to eligible high school graduates and adults working in Texas food stores, funding these scholarships through collaborations with local retailers and special events such as partnership luncheons, annual scholarship banquets, and golf tournaments. By doing so, the foundation aims to support and empower individuals in the retail food sector, ultimately developing future leaders for the community.
Official website here: www.fsascholarshipfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Fsa Scholarship Foundation has achieved a remarkable score of 96%, which reflects a strong commitment to accountability and finance. This rating is primarily based on its exemplary practices, with a full score in several key areas, including the independence of its board members and the absence of any material diversion of assets. Such transparency and governance indicate that the foundation is effectively managing its resources.
The organization boasts a fully independent board of directors, which is crucial for maintaining objectivity in decision-making. Additionally, it has robust policies in place, such as conflict of interest and whistleblower policies, which further reinforce its dedication to ethical operations. The foundation also demonstrates strong financial health, with a healthy liabilities to assets ratio of 26.05% and a program expense ratio of 68.83%, suggesting that a significant portion of its funds is directed toward its charitable mission.
While the Fsa Scholarship Foundation has not reported any significant weaknesses, its high ratings imply that it maintains strong operational practices and financial accountability. Overall, this nonprofit stands out as a reliable and effective organization focused on its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Fsa Scholarship Foundation legitimate?
Fsa Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fsa 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: $23,865
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fsascholarshipfoundation.org
What is the mission statement of Fsa Scholarship Foundation?
The Fsa Scholarship Foundation is dedicated to fostering careers and developing community leaders within the retail food industry. They achieve this by annually granting scholarships to graduating high school students and adults working in Texas food stores. These scholarships are financially supported through partnerships with local retailers and special events organized by the foundation, such as partnership luncheons, annual scholarship banquets, and annual golf tournaments.
Official website here: www.fsascholarshipfoundation.org
Who is the CEO of Fsa Scholarship Foundation?
April Fuchs is the Executive Director of Fsa Scholarship Foundation.
Official website here: www.fsascholarshipfoundation.org
What is the revenue of Fsa Scholarship Foundation?
Fsa Scholarship Foundation's revenue in 2022 was $56,370.
Official website here: www.fsascholarshipfoundation.org
Who are the executives of Fsa Scholarship Foundation and what are their salaries?
There 60 volunteers at Fsa Scholarship Foundation.
Here are 9 key members and their salaries:
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- Compensation: $23,865
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Official website here: www.fsascholarshipfoundation.org
Where can I find the form 990 for Fsa Scholarship Foundation?
Fsa Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fsascholarshipfoundation.org
Learn more at the official website: www.fsascholarshipfoundation.org
Mission Statement of Fsa Scholarship Foundation
The Fsa Scholarship Foundation, a committed organization, is dedicated to fostering careers and cultivating community leaders within the retail food industry. They accomplish this by granting annual scholarships to both graduating high school students and adult workers employed in Texas food stores. These scholarships are funded through strategic partnerships with local retailers and special events organized by the foundation, such as partnership luncheons, the annual scholarship banquet, and the annual golf tournament. The foundation's mission is to invest in the future of the retail food industry by supporting individuals who demonstrate potential for leadership roles and positive contributions to their communities.
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Impact
August, 2024
FSA Scholarship Foundation's impact can be seen in the support and opportunities it provides to aspiring individuals in the retail food industry. By annually awarding scholarships to graduating high school students and adults working in Texas food stores, the foundation is not only helping these individuals pursue their educational goals but also nurturing future leaders for the industry. Through partnerships with local retailers and special events like partnership luncheons, annual scholarship banquets, and golf tournaments, FSA Scholarship Foundation is able to fund these scholarships and create valuable connections within the Texas market. In 2022 alone, the foundation awarded 12 scholarships to deserving students, highlighting its dedication to promoting careers and developing community leaders in the retail food sector. This direct impact on individuals and the industry as a whole showcases the meaningful work that FSA Scholarship Foundation is doing.
This information is meant to be a general summary of Fsa 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: $33
- Gross Receipts: $109,352
Assets and Liabilities:
- Total Assets: $226,799
- Total Liabilities: $61,011
- Net Assets: $165,788
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Organization Details
Founding Year
1995
Phone
(479) 381-1035Principal Officer
April Fuchs
Main Address
1224 N HIGHWAY 377 STE 303-139, ROANOKE, TX, 762629114
NTEE Category
Code: B82 - Education
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