Overview
What is Rome College Foundation?
The Rome College Foundation is a nonprofit organization situated in Rome, New York, specifically at 139 West Dominick Street. Their primary mission is to enhance educational prospects in the Rome area by granting scholarships to exceptional students and recognizing merit in both students and teachers. In 2021, they awarded a total of 24 scholarships. The foundation's purpose is to contribute to the betterment of educational opportunities in Rome, New York.
Official website here: www.romecollegefoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
The Rome College Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well in areas such as having a fully independent board and a strong liabilities to assets ratio, which demonstrates good management of its financial resources. However, the absence of key governance policies like a conflict of interest policy and whistleblower policy has affected its overall score.
While the foundation shows a respectable program expense ratio of 68.79%, reflecting that a significant portion of its funds goes directly to programming, the lack of crucial governance documents may raise concerns regarding transparency and accountability. This is an area where the organization could improve to enhance donor confidence and meet best practices in nonprofit governance.
Overall, while the Rome College Foundation has strengths in its independent board structure and financial management, it should focus on establishing missing policies to bolster its credibility and operational integrity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rome College Foundation legitimate?
Rome College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rome College 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.
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Official website here: www.romecollegefoundation.com
What is the mission statement of Rome College Foundation?
The Rome College Foundation has a mission to enhance educational opportunities. This is achieved by awarding scholarships to exceptionally talented students and recognizing the merits of both students and teachers within the community. In 2021, the foundation granted scholarships to 24 outstanding individuals. The primary goal of the foundation is to contribute to the educational growth and success of these students, ensuring they have the necessary resources to excel.
Official website here: www.romecollegefoundation.com
Who is the CEO of Rome College Foundation?
Suzanne Pardi is the Trustee of Rome College Foundation.
Official website here: www.romecollegefoundation.com
What is the revenue of Rome College Foundation?
Rome College Foundation's revenue in 2022 was $27,249.
Official website here: www.romecollegefoundation.com
Who are the executives of Rome College Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.romecollegefoundation.com
Where can I find the form 990 for Rome College Foundation?
Rome College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.romecollegefoundation.com
Learn more at the official website: www.romecollegefoundation.com
Mission Statement of Rome College Foundation
The Rome College Foundation, an esteemed nonprofit organization, is committed to enhancing educational opportunities in its respective field. Its primary mission is to improve educational prospects in Rome, New York. This mission is accomplished through various means, including the distribution of scholarships to outstanding students in the area. The Foundation recognizes the merit of both students and teachers, celebrating their achievements as a testament to the value of education. In the year 2021 alone, the organization awarded 24 scholarships, demonstrating its dedication to nurturing talent and supporting the education sector.
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Impact
August, 2024
Rome College Foundation's impact can be seen in the improved educational opportunities in Rome, New York. By awarding scholarships to outstanding students in the area and recognizing student and teacher merit, the organization is directly contributing to the educational advancement of individuals in the community. In 2021 alone, Rome College Foundation awarded 24 scholarships, highlighting its commitment to supporting and empowering students in their pursuit of higher education. Through its mission to enhance educational opportunities, the foundation plays a vital role in promoting academic excellence and access to education in Rome, New York.
This information is meant to be a general summary of Rome College 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: $13,701
- Gross Receipts: $27,249
Assets and Liabilities:
- Total Assets: $393,591
- Total Liabilities: $0
- Net Assets: $393,591
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Organization Details
Founding Year
1966
Phone
(315) 337-1700Principal Officer
Suzanne Pardi
Main Address
139 WEST DOMINICK STREET, ROME, NY, 13440
NTEE Category
Code: B82 - Education
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