East Central University Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237058908 ✦ Ada, OK ✦ Designated as a 501(c)(3)

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Overview

What is East Central University Foundation Inc?

East Central University Foundation Inc, based in Ada, Oklahoma, serves as a nonprofit organization with a significant mission. Situated at 1100 E 14TH STREET PMB Y-8, this foundation primarily focuses on supporting the student body, faculty, and programs of East Central University. Through scholarships and awards, it contributes to the academic growth and development of the university's students. The foundation's main objective is to enhance the overall well-being of East Central University, ensuring its continued success and progress.


Official website here: www.ecok.edu/foundation

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 92% (Four-Star out of Four Stars)**tar)**

The East Central University Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, primarily reflecting its strong performance in Accountability & Finance. With a score of 92%, the foundation demonstrates sound financial health and transparency, though historical ratings have not considered other important beacons such as Leadership & Adaptability, Culture & Community, or Impact & Measurement.

Strengths of the foundation include exemplary management of financial resources, indicated by a high program expense ratio and efficient fundraising efforts. The organization has also been recognized for its adequate oversight with no material diversion of assets reported. However, it is worth noting that there are missing components regarding its whistleblower policy and the distribution of tax forms before filing, which could affect future evaluations of governance practices.

As user reviews from GreatNonprofits are not available, insights from the community regarding their experiences or sentiments about the foundation are currently lacking. This absence might suggest a missed opportunity for the foundation to engage with stakeholders on a personal level, as community feedback can further enhance organizational growth and accountability.


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

Is East Central University Foundation Inc legitimate?

East Central University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Central University 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: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,000

For more financial information, click here


Official website here: www.ecok.edu/foundation

What is the mission statement of East Central University Foundation Inc?

The East Central University Foundation Inc's primary mission is centered around benefiting the student body, faculty, and programs at East Central University. This is achieved through the provision of scholarships and awards to the university's students. The foundation's activities are geared towards supporting the overall well-being and success of the institution and its community. By offering financial aid, the foundation enables deserving students to pursue their academic goals, thereby contributing to the university's intellectual growth and diversity.


Official website here: www.ecok.edu/foundation

Who is the CEO of East Central University Foundation Inc?

John Hargrave is the Chief Executive Officer of East Central University Foundation Inc. The CEO's salary of East Central University Foundation Inc is $0 and their total compensation is $131,900.


Official website here: www.ecok.edu/foundation

What is the revenue of East Central University Foundation Inc?

East Central University Foundation Inc's revenue in 2023 was $10,481,082.


Official website here: www.ecok.edu/foundation

Who are the executives of East Central University Foundation Inc and what are their salaries?


Here are 33 key members and their salaries (East Central University Foundation Inc's CEO's salary is $0 and their total compensation is $131,900):


John Hargrave (Chief Executive Officer)
  • Compensation: $0
  • Related: $110,000
  • Other: $21,900
Buffy Lovelis (Chief Operating Officer)
  • Compensation: $0
  • Related: $80,000
  • Other: $23,579
Gerald Williamson (Fundraiser)
  • Compensation: $0
  • Related: $44,000
  • Other: $14,808
Jessica Sanchez (Secretary)
  • Compensation: $0
  • Related: $32,000
  • Other: $15,102
Duane Anderson (Scholarship Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Barton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Bondurant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Darter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Dicus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Flowers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Harp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Hime (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Hisle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Holloway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Horne (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Howard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Humphers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Millsap (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mims (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Murray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Nail (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Nero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Parker (Nominating Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Petete (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yancy Spivey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stringfield (Investment Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Gray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fob Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mason Groves (Treasurer/Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ecok.edu/foundation

Where can I find the form 990 for East Central University Foundation Inc?

East Central University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ecok.edu/foundation

Learn more at the official website: www.ecok.edu/foundation

Mission Statement of East Central University Foundation Inc

East Central University Foundation Inc is an organization dedicated to enhancing the well-being of East Central University's student body, faculty, and programs. Its primary mission involves providing benefits to these sectors, demonstrating a commitment to the university's growth and development. One of the ways this foundation accomplishes this is by offering scholarships and awards to students of East Central University. These financial aids not only help alleviate financial burden but also empower deserving students to pursue their academic goals effectively. By supporting students, the East Central University Foundation Inc is contributing to a more diverse and intellectually vibrant university community. Additionally, this foundation may provide resources or initiatives that aid the faculty and programs, further enriching East Central University's educational environment.

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Impact




October, 2024

East Central University Foundation Inc plays a vital role in enhancing the educational experience at East Central University in Ada, Oklahoma. By providing scholarships and awards, the Foundation directly supports the student body, facilitating access to higher education and alleviating financial burdens. The impact of these scholarships extends beyond mere financial assistance; they empower students to focus on their studies, achieve academic success, and pursue their career aspirations.

In addition to aiding students, the Foundation also benefits faculty and various university programs, fostering a richer academic environment. This support contributes to the overall enhancement of educational resources and opportunities within the university, ultimately helping to cultivate a well-rounded and thriving academic community. Through its efforts, the East Central University Foundation Inc significantly contributes to the personal and academic growth of students, enriching lives and strengthening the educational landscape of the institution.




This information is meant to be a general summary of East Central University 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.

Revenue
$10,481,082 (2023)
Expenses
$4,262,535 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,020,530
  • Gross Receipts: $10,564,302

Assets and Liabilities:

  • Total Assets: $47,868,184
  • Total Liabilities: $62,884
  • Net Assets: $47,805,300

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Organization Details

Founding Year

1970

Principal Officer

John Hargrave

Main Address

1100 E 14TH STREET PMB Y-8, ADA, OK, 74820

NTEE Category

Code: B80 - Education

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