Overview
What is Wasco Community Scholarship Association?
The Wasco Community Scholarship Association is a nonprofit organization dedicated to offering college scholarships to deserving students from Wasco High School. This association sets a minimum GPA requirement of 2.0 for eligible students and expects them to maintain enrollment in at least 12 college units per semester. The scholarship awards are merit-based, ensuring no discrimination based on race or sex, and are solely dependent on academic performance. The association's primary mission is to empower and support the academic pursuits of young individuals from their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 70%)
The Wasco Community Scholarship Association has received a Two-Star rating from Charity Navigator, indicating that while the organization has strong financials, there are significant improvements needed in governance and transparency. The charity achieved a perfect score in several areas, including accountability and finance, with a 100% score and a low liabilities to assets ratio of 0.00%. The program expense ratio is also commendable at 84.97%, reflecting a strong commitment to funding its core mission.
However, the organization has notable weaknesses that have impacted its overall rating. Key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, are missing. Additionally, the absence of publicly available board meeting minutes and tax forms on the nonprofit's website raises concerns about transparency and accountability. These gaps suggest that while the association may be financially sound, it could benefit from enhancing its governance practices to bolster stakeholder trust.
Overall, the Wasco Community Scholarship Association demonstrates strong financial health but must address its governance deficiencies to improve its overall rating and public perception. Ensuring compliance with essential policies and enhancing transparency will be crucial steps in fostering greater accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Wasco Community Scholarship Association legitimate?
Wasco Community Scholarship Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wasco Community Scholarship Association 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.
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What is the mission statement of Wasco Community Scholarship Association?
The Wasco Community Scholarship Association is committed to providing college scholarships. Their mission is to support students who graduate from Wasco High School with a minimum GPA of 2.0. Eligible students are required to enroll in 12 college units each semester, and the scholarships are awarded purely on academic merit, without any discrimination based on race or sex. The association does not consider financial need in awarding these scholarships.
Who is the CEO of Wasco Community Scholarship Association?
Betsy Rogers is the President of Wasco Community Scholarship Association.
What is the revenue of Wasco Community Scholarship Association?
Wasco Community Scholarship Association's revenue in 2022 was $71,335.
Who are the executives of Wasco Community Scholarship Association and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Wasco Community Scholarship Association?
Wasco Community Scholarship Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wasco Community Scholarship Association
The Wasco Community Scholarship Association is committed to providing college scholarships for deserving students. This nonprofit organization offers financial aid to graduates of Wasco High School who maintain a minimum GPA of 2.0. Eligible students are required to enroll in at least 12 college units each semester. The scholarships are awarded solely based on academic merit, without any discrimination regarding race or sex. The association's mission is to empower these students by providing them with the financial support they need to pursue their higher education goals.
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Impact
August, 2024
The Wasco Community Scholarship Association's impact can be seen in the opportunities it provides for students graduating from Wasco High School. By offering college scholarships to eligible students with a 2.0 GPA, the association empowers these individuals to pursue higher education without discrimination based on race, sex, or financial need. This support not only opens doors for students but also contributes to the overall educational development and potential success of the Wasco community.
This information is meant to be a general summary of Wasco Community Scholarship Association. 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: $26,608
- Gross Receipts: $719,913
Assets and Liabilities:
- Total Assets: $1,408,310
- Total Liabilities: $0
- Net Assets: $1,408,310
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Organization Details
Founding Year
1965
Phone
(661) 758-1191Principal Officer
Betsy Rogers
Main Address
PO Box 7, Wasco, CA, 93280
NTEE Category
Code: B82 - Education
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