Overview
What is Eastern Arizona College Foundation?
Eastern Arizona College Foundation is a nonprofit organization situated in Thatcher, Arizona. Its primary purpose is to foster a conducive environment for raising funds for Eastern Arizona College. The foundation plays a significant role in administering scholarship programs in collaboration with the college alumni association and individual donors. During the 2021-2022 academic year, the foundation distributed scholarships worth $703,492 to 163 scholarship recipients, demonstrating its commitment to supporting higher education. With a small team of three dedicated individuals, the foundation strives to make a positive impact on the college community.
Official website here: www.eac.edu/alumni
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
The Eastern Arizona College Foundation has received a Three-Star rating from Charity Navigator, indicating an average level of performance in accountability and finance. The foundation has demonstrated strong governance with 100% independent board members and effective financial oversight, achieving full scores in key areas such as audit and oversight committees and the material diversion of assets.
However, there are notable weaknesses in the foundation's policies. It lacks essential documents such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could affect its overall accountability. Additionally, while its program expense ratio is decent at 62.60%, there is room for improvement in maximizing its funds for programs that support its mission.
Overall, while the Eastern Arizona College Foundation exhibits strengths in governance and financial management, addressing the identified policy gaps would enhance its overall credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Eastern Arizona College Foundation?
78% of 18 reviewers on Facebook recommend the Eastern Arizona College Foundation. Here is a summary of their reviews:
Many respondents highlight the friendly and helpful staff, praising their supportive approach and willingness to assist students. This positive interaction contributes to a welcoming atmosphere that makes the college experience enjoyable.
Overall, the foundation is perceived as a valuable resource, providing effective support to its students. The appreciation for the staff’s dedication suggests that the nonprofit fulfills its mission of fostering educational opportunities in the community.
This AI summary has been generated from reviews found on Facebook.
Is Eastern Arizona College Foundation legitimate?
Eastern Arizona College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Arizona 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $197,543
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,843
For more financial information, click here
Official website here: www.eac.edu/alumni
What is the mission statement of Eastern Arizona College Foundation?
The Eastern Arizona College Foundation's primary objective is to establish a conducive environment for procuring donations for Eastern Arizona College. In this role, the foundation administers scholarship programs in collaboration with the college alumni association and individual donors. Through these efforts, the foundation has distributed scholarships totaling $703,492 to 163 scholarship recipients. Essentially, the foundation's mission is to facilitate the cultivation of financial support for the college, thereby contributing to the educational opportunities of its students.
Official website here: www.eac.edu/alumni
Who is the CEO of Eastern Arizona College Foundation?
Joel Biggs is the President of Eastern Arizona College Foundation.
Official website here: www.eac.edu/alumni
What is the revenue of Eastern Arizona College Foundation?
Eastern Arizona College Foundation's revenue in 2022 was $40,952.
Official website here: www.eac.edu/alumni
Who are the executives of Eastern Arizona College Foundation and what are their salaries?
The average compensation at Eastern Arizona College Foundation during 2022 was $123,462. There are 3 employees at Eastern Arizona College Foundation.
Here are 10 key members and their salaries:
- Compensation: $150,000
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.eac.edu/alumni
Where can I find the form 990 for Eastern Arizona College Foundation?
Eastern Arizona College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eac.edu/alumni
Learn more at the official website: www.eac.edu/alumni
Mission Statement of Eastern Arizona College Foundation
The Eastern Arizona College Foundation's primary objective is to establish a conducive environment that encourages the cultivation of charitable contributions for Eastern Arizona College. This nonprofit organization strives to achieve this goal by administering scholarship programs in collaboration with the College Alumni Association and individual donors. Through these initiatives, the Foundation, acting on behalf of its donors and board of directors, granted a substantial sum of $703,492 in scholarships to 163 deserving recipients. The Eastern Arizona College Foundation's mission is centered around supporting the educational growth and opportunities for students, thereby contributing positively to the college community.
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Impact
August, 2024
Eastern Arizona College Foundation's impact lies in its ability to create a positive environment for cultivating gifts to Eastern Arizona College. Through the administration of scholarship programs in partnership with the college alumni association and individual donors, the foundation issued $703,492 in scholarships to 163 deserving recipients. This support directly contributes to the educational advancement of students, ensuring they have the resources needed to pursue their academic goals. By facilitating these opportunities, the foundation plays a vital role in promoting access to education and fostering the success of students in Thatcher, Arizona.
This information is meant to be a general summary of Eastern Arizona 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: -$1,186,839
- Gross Receipts: $40,952
Assets and Liabilities:
- Total Assets: $10,136,190
- Total Liabilities: $128,250
- Net Assets: $10,007,940
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Organization Details
Founding Year
1966
Phone
(928) 428-8295Principal Officer
Joel Biggs
Main Address
615 N STADIUM AVE, THATCHER, AZ, 85552
Website
www.eac.edu/alumniNTEE Category
Code: B84 - Education
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