Wallace State Community College Future Foundation Inc

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating from Charity Navigator.

Wallace State Community College Future Foundation Inc has achieved an impressive Four-Star rating, reflecting a strong commitment to accountability and financial health. The foundation boasts a 94% score in Accountability & Finance, which is the sole factor contributing to its overall rating, indicating robust organizational practices in managing resources and transparency.

The foundation's strengths are evident in its independent governance structure, with 100% of board members being independent. It also scores perfectly in several critical areas, including audit quality and the absence of material asset diversion. The organization has established comprehensive policies, including conflict of interest and whistleblower policies, which further enhance its accountability.

While the financial ratios indicate a healthy balance between liabilities and assets, with a program expense ratio of over 82%, which denotes effective allocation of funds towards its mission, the summary does not highlight any specific areas for improvement. Overall, the Wallace State Community College Future Foundation Inc demonstrates a sound operational framework and a clear commitment to its financial responsibilities.

This AI summary has been generated from information found on Charity Navigator.

Wallace State Community College Future Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wallace State Community College Future 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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