Overview
What is Fiorello H Laguardia Community College Foundation Inc?
Fiorello H Laguardia Community College Foundation Inc is a 501(c)(3) nonprofit organization, established in 2003, located in Long Island City, New York. Its primary purpose is to support and advance the educational, research, and public service mission of Fiorello H. Laguardia Community College. By funding scholarships, awards, and academic programs, the foundation aims to encourage and assist the students of the college in their academic pursuits. The foundation manages, invests, and distributes funds to cater to the immediate and long-term needs, goals, and priorities of the college, including student support and facility upgrades. The foundation's headquarters is at 31-10 Thomson Avenue, E-413, Long Island City, NY 11101.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating
The Fiorello H Laguardia Community College Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation exhibits a strong commitment to transparency and governance, with 86% of its board members being independent and adhering to stringent policies on conflict of interest and whistleblower protections.
In terms of financial performance, the foundation maintains a program expense ratio of 95.56%, demonstrating that the majority of its funds are allocated directly to its programs rather than administrative costs. Additionally, it showcases excellent fundraising efficiency and a solid working capital ratio, both of which contribute positively to its operational sustainability.
While the organization has shown remarkable strengths in governance and financial management, the data does not indicate any specific limitations or areas for improvement. Overall, the foundation appears to be a well-managed nonprofit dedicated to supporting the educational community, reflecting a commitment to its mission and stakeholder interests.
This AI summary has been generated from information found on Charity Navigator.
Is Fiorello H Laguardia Community College Foundation Inc legitimate?
Fiorello H Laguardia Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiorello H Laguardia Community College Foundation 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: $795,476
For more financial information, click here
What is the mission statement of Fiorello H Laguardia Community College Foundation Inc?
The Fiorello H Laguardia Community College Foundation Inc was established as a 501(c)(3) non-profit organization in 2003. Its primary mission is to support and encourage the students of Fiorello H. Laguardia Community College by raising, managing, investing, and distributing funds. This support is aimed at addressing the college's immediate and long-term student, academic, and facility needs, goals, and priorities. The foundation seeks to advance the education, research, and public service mission of the college by funding scholarships and awards and providing academic programs for its students.
Who is the CEO of Fiorello H Laguardia Community College Foundation Inc?
Jay Golan is the President of Fiorello H Laguardia Community College Foundation Inc.
What is the revenue of Fiorello H Laguardia Community College Foundation Inc?
Fiorello H Laguardia Community College Foundation Inc's revenue in 2023 was $5,519,423.
Who are the executives of Fiorello H Laguardia Community College Foundation Inc and what are their salaries?
There 15 volunteers at Fiorello H Laguardia Community College Foundation Inc.
Here are 19 key members and their salaries:
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- Related: $54,485
- Other: $6,117
Where can I find the form 990 for Fiorello H Laguardia Community College Foundation Inc?
Fiorello H Laguardia Community College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fiorello H Laguardia Community College Foundation Inc
The Fiorello H Laguardia Community College Foundation Inc, established in 2003 as a 501(C)(3) not-for-profit organization, is committed to supporting and encouraging the students of Fiorello H. Laguardia Community College. The mission of this foundation is multifaceted. It involves raising, managing, and distributing funds to support the college's immediate and long-term student, academic, and facility needs, goals, and priorities. The foundation strives to advance the education, research, and public service mission of Fiorello H. Laguardia Community College by funding scholarships and awards and providing academic programs for the benefit of its students. By doing so, the Fiorello H Laguardia Community College Foundation Inc plays a crucial role in fostering the academic growth and success of its students.
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Impact
July, 2024
Fiorello H. LaGuardia Community College Foundation Inc plays a crucial role in supporting and encouraging the students of LaGuardia Community College in their academic endeavors. By funding scholarships and awards, as well as providing academic programs, the Foundation contributes to the educational advancement of students enrolled at the college. This support not only helps students financially but also motivates them to excel in their studies and achieve their academic goals. The Foundation's impact extends to enhancing the overall educational experience and opportunities available to the students of LaGuardia Community College.
This information is meant to be a general summary of Fiorello H Laguardia Community College Foundation 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 2023.
- Investment Income: $306,477
- Gross Receipts: $5,519,423
Assets and Liabilities:
- Total Assets: $16,689,101
- Total Liabilities: $615,125
- Net Assets: $16,073,976
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Organization Details
Founding Year
2003
Phone
(718) 482-5514Principal Officer
Jay Golan
Main Address
31-10 THOMSON AVENUE E-413, LONG ISLAND CITY, NY, 11101
NTEE Category
Code: B82 - Education
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