Overview
What is Sevier Co High School Foundation?
The Sevier Co High School Foundation is a nonprofit organization, situated in Sevierville, Tennessee. Its primary mission is to provide financial aid in the form of scholarships to graduating seniors from Sevier County High School, allowing them to pursue higher education at colleges and universities. Beyond scholarships, the foundation seeks to contribute financially towards improvements within the school and encourages graduates to engage more actively in school-related activities by volunteering their time. With a small team of one dedicated individual, the Sevier Co High School Foundation strives to make a positive impact on its local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
The Sevier Co High School Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization's score of 73% reflects strengths in certain areas, such as having a fully independent board and a low liabilities to assets ratio, highlighting sound financial management practices. Additionally, the foundation dedicates a significant portion of its resources to its programs, with a program expense ratio of over 90%.
However, the foundation has notable weaknesses that contribute to its lower rating. Specifically, it lacks several key policies, including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Furthermore, it does not post its tax forms on its website, which is a critical aspect of transparency for donors and stakeholders.
Overall, while the Sevier Co High School Foundation demonstrates strong financial practices and governance through its board composition, the absence of essential policies and publicly available documents limits its overall accountability and transparency. Addressing these limitations could enhance its standing in the eyes of potential donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Sevier Co High School Foundation legitimate?
Sevier Co High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sevier Co High School 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: $0
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What is the mission statement of Sevier Co High School Foundation?
The Sevier Co High School Foundation's mission is centered around generating financial support. This support serves multiple purposes, including providing scholarships for graduating students to pursue higher education, enhancing the school's facilities, and encouraging alumni to volunteer their time and become more engaged in school activities. The foundation aims to foster a sense of involvement and commitment among its graduates, contributing positively to the educational community. Scholarships have been awarded to deserving senior students from Sevier County High School for their educational pursuits at colleges and universities.
Who is the CEO of Sevier Co High School Foundation?
Nancy Hewitt is the Faculty of Sevier Co High School Foundation.
What is the revenue of Sevier Co High School Foundation?
Sevier Co High School Foundation's revenue in 2022 was $474,502.
Who are the executives of Sevier Co High School Foundation and what are their salaries?
The average compensation at Sevier Co High School Foundation during 2022 was $24,000. There is 1 employee and 16 volunteers at Sevier Co High School Foundation.
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Where can I find the form 990 for Sevier Co High School Foundation?
Sevier Co High School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sevier Co High School Foundation
The Sevier Co High School Foundation is committed to raising funds for various purposes, primarily to support scholarly pursuits of graduating seniors by offering scholarships. In addition to financial aid, the foundation also aims to enhance the school environment and encourage alumni to contribute their time and efforts in school affairs. By doing so, the foundation aims to foster a sense of community and involvement among its graduates.
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Impact
July, 2024
The Sevier Co High School Foundation has made a significant impact by providing scholarships to graduating seniors of Sevier County High School, enabling them to pursue higher education at colleges and universities. In addition, the foundation works to improve the school facilities and encourages graduates to volunteer their time and stay involved in school affairs. Through their philanthropic efforts, the foundation has helped empower students to pursue their academic goals and foster a sense of community engagement among graduates.
This information is meant to be a general summary of Sevier Co High School 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: $41,445
- Gross Receipts: $535,317
Assets and Liabilities:
- Total Assets: $1,491,293
- Total Liabilities: $165,000
- Net Assets: $1,326,293
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Organization Details
Founding Year
1998
Principal Officer
Nancy Hewitt
Main Address
PO BOX 4124, SEVIERVILLE, TN, 37864
NTEE Category
Code: T20 - Philanthropy
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