Overview
What is Foundation For Student Communicationinc?
The Foundation For Student Communicationinc is a nonprofit organization situated in Princeton, New Jersey. With a team of 17 dedicated individuals, it is committed to enlightening the academic community about the intricacies of the business world. Its primary endeavor is the publication of Business Today Magazine, a student-led venture aimed at benefiting fellow students. The magazine serves as an educational tool, providing insights into the philosophy, operation, and mechanics of the business and professional community. In addition to the magazine, conferences are organized to further educate and engage the academic community in these topics. The foundation's mission is to contribute to the broader understanding of the business sector, thereby empowering students with essential knowledge.
Official website here: www.businesstoday.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Foundation For Student Communicationinc has achieved a commendable 96% rating, which reflects its strong performance in accountability and finance. This high score is primarily attributed to its excellent governance practices, including a fully independent board and robust financial oversight. The organization has demonstrated transparency and adherence to best practices by maintaining a clear conflict of interest policy and documenting board meeting minutes.
With a program expense ratio of 88.19%, the foundation effectively allocates its funds towards its mission, ensuring that the majority of its resources directly benefit its programs. Additionally, the organization's liabilities to assets ratio is impressively low at 1.99%, indicating sound financial health and management. Such metrics suggest a commitment to responsible stewardship of donor funds.
While the rating highlights many strengths, it is essential for potential donors to consider the broader impact of the organization’s programs and initiatives. Future assessments could benefit from additional qualitative data regarding the effectiveness of its programs and the overall outcomes for the students served. Overall, the Foundation For Student Communicationinc appears to be a financially responsible and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Student Communicationinc legitimate?
Foundation For Student Communicationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Student Communicationinc 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: $8,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,475
For more financial information, click here
Official website here: www.businesstoday.org
What is the mission statement of Foundation For Student Communicationinc?
The Foundation For Student Communicationinc's mission is centered around educating the academic community regarding the philosophy, operation, and mechanics of the business and professional world. They accomplish this through the publication of a magazine titled 'Business Today,' which is produced by students for the benefit of their peers. Additionally, the foundation organizes conferences to disseminate knowledge and insights into the intricacies of the business community. These initiatives aim to equip students with practical skills and understanding necessary for navigating the professional landscape.
Official website here: www.businesstoday.org
Who is the CEO of Foundation For Student Communicationinc?
Grace Hong is the Chair of Foundation For Student Communicationinc.
Official website here: www.businesstoday.org
What is the revenue of Foundation For Student Communicationinc?
Foundation For Student Communicationinc's revenue in 2023 was $579,748.
Official website here: www.businesstoday.org
Who are the executives of Foundation For Student Communicationinc and what are their salaries?
The average compensation at Foundation For Student Communicationinc during 2023 was $3,883. There are 17 employees and 16 volunteers at Foundation For Student Communicationinc.
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Official website here: www.businesstoday.org
Where can I find the form 990 for Foundation For Student Communicationinc?
Foundation For Student Communicationinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.businesstoday.org
Learn more at the official website: www.businesstoday.org
Mission Statement of Foundation For Student Communicationinc
The Foundation for Student Communicationinc is committed to enlightening the academic community about the intricacies of the business world. Their mission is multifaceted, encompassing the publication of a magazine titled 'Business Today,' which is created by students for the benefit of their peers. This publication serves as a platform to disseminate knowledge about the philosophy, operation, and mechanics of the business and professional community. Furthermore, the organization hosts conferences to continue educating the academic community on these topics. By doing so, the Foundation for Student Communicationinc plays a significant role in bridging the gap between theoretical learning and practical application of business principles within the academic sphere.
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Impact
July, 2024
Foundation For Student Communicationinc's impact can be seen in its efforts to educate the academic community in the philosophy, operation, and mechanics of the business community. Through the publication of Business Today Magazine, which is created by students for students, the organization provides valuable insights and information to the next generation of business professionals. Additionally, by hosting conferences aimed at educating students and professionals, the organization plays a key role in preparing individuals for success in the business and professional world.
This information is meant to be a general summary of Foundation For Student Communicationinc. 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: $65,093
- Program Service Revenue: $498,550
- Gross Receipts: $579,748
Assets and Liabilities:
- Total Assets: $3,030,223
- Total Liabilities: $60,547
- Net Assets: $2,969,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$498,550
Organization Details
Founding Year
1971
Phone
(609) 258-1111Principal Officer
Grace Hong
Main Address
48 UNIVERSITY PLACE, PRINCETON, NJ, 08540
Website
www.businesstoday.orgNTEE Category
Code: A33 - Arts
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