Hfs Chicago Scholars
Hfs Chicago Scholars
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About this organization
Mission
To support the educational aspirations of economically disadvantaged but academically motivated Chicago inner-city youth.
About
During fiscal year 2019, HFS provided partial high school scholarships to 175 students.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “Hfs chicago scholars (hfs) was created for the express purpose of supporting the educational aspiration of economically disadvantaged, but academically motivated chicago inner-city youth. hfs grants partial scholarships to qualifying students, works with other unrelated scholarship funds and the chosen high school of the scholarship recipients to address full tuition and other school cost needs of the recipients and provides an active mentor for each recipient to help the recipient successfully achieve his or her educational goals.”.
When referring to its actions, they were outlined as: “To support the educational aspirations of economically disadvantaged but academically motivated chicago inner-city youth.”.
- The non-profit has complied with legal obligations by reporting their state of operation as IL.
- The non-profit's address in 2020 is noted in the filing as 1074 W TAYLOR STREET, CHICAGO, IL, 606074336.
- The non-profit's form for 2020 reports a total of 15 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $394,419.
- The CEO compensation package within the organization is not established through a review and approval by a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 64 independent voting members.
- The organization was formed in 1993.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $342,511 in salary, compensation, and benefits to its employees.
- The organization pays $109,903 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.