Overview
What is Inner-City Scholarship Inc?
Inner-City Scholarship Inc is a nonprofit organization situated in La Jolla, California. Their primary mission is to provide financial aid to students from low-income families, enabling them to attend private or parochial schools. Through granting scholarships, this organization contributes to the education of numerous children, allowing them to attend various private schools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Inner-City Scholarship Inc has received a moderate rating, reflecting a mixed performance in accountability and finance. The organization excels in having a fully independent board and maintaining a strong program expense ratio, indicating efficient use of funds towards its mission. However, it has significant weaknesses in transparency and governance policies, as evidenced by low scores in conflict of interest and whistleblower policies.
Despite operational strengths such as a solid liabilities to assets ratio, the lack of comprehensive governance policies raises concerns about the organization’s accountability practices. The absence of critical documents on its website could hinder stakeholders' ability to assess the organization’s transparency fully. Overall, while Inner-City Scholarship Inc demonstrates commitment through its independent board and financial management, there is a clear need for improvement in governance and public information accessibility.
This AI summary has been generated from information found on Charity Navigator.
Is Inner-City Scholarship Inc legitimate?
Inner-City Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inner-City Scholarship Inc 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 Inner-City Scholarship Inc?
Inner-City Scholarship Inc's mission revolves around providing financial aid in the form of scholarships. This enables children from low-income families in urban areas to attend various private schools, thereby expanding their educational opportunities. By offering these scholarships, the organization aims to provide equal educational prospects, fostering academic growth and development among its beneficiaries. The scholarships can be utilized for attendance in private or parochial schools, enhancing the diversity of educational environments accessible to these students.
Who is the CEO of Inner-City Scholarship Inc?
Frederic H Clark is the Director And President of Inner-City Scholarship Inc.
What is the revenue of Inner-City Scholarship Inc?
Inner-City Scholarship Inc's revenue in 2022 was $165,325.
Who are the executives of Inner-City Scholarship Inc and what are their salaries?
There 3 volunteers at Inner-City Scholarship Inc.
Here are 3 key members and their salaries:
- 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 Inner-City Scholarship Inc?
Inner-City Scholarship Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Inner-City Scholarship Inc
Inner-City Scholarship Inc, a nonprofit organization, is dedicated to granting scholarships to children from low-income families, enabling them to attend various private schools. By providing financial assistance, this noble institution opens up educational opportunities in private or parochial schools, which may not otherwise be accessible to these students. This mission is critical in fostering equal educational prospects for children from diverse backgrounds, ensuring that they can receive a quality education and have the chance to reach their full potential.
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Impact
October, 2024
Inner-City Scholarship Inc significantly enhances educational opportunities for children from low-income families in urban areas by providing financial assistance for attending private and parochial schools. By granting scholarships, the organization helps break the cycle of poverty, allowing students access to quality education that may otherwise be out of reach. This support not only fosters individual academic growth but also promotes long-term community benefits, including increased educational attainment and improved economic prospects for families. Ultimately, Inner-City Scholarship Inc plays a vital role in empowering the next generation, equipping them with the tools necessary for success in a competitive world.
This information is meant to be a general summary of Inner-City Scholarship Inc. 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: $575
- Gross Receipts: $165,325
Assets and Liabilities:
- Total Assets: $1,074,104
- Total Liabilities: $0
- Net Assets: $1,074,104
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Organization Details
Founding Year
1996
Phone
(858) 459-1930Principal Officer
Frederic H Clark
Main Address
7946 IVANHOE AVE 302, LA JOLLA, CA, 920374518
NTEE Category
Code: B82 - Education
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