Overview
What is Morgan Community College Foundation?
The Morgan Community College Foundation is a nonprofit organization that plays a crucial role in supporting the expansion and enhancement of Morgan Community College. Their primary mission is to acquire financial resources, thereby fostering a superior learning atmosphere within the college. By funding various community programs through the institution, they contribute significantly to Morgan Community College. The foundation's commitment to its cause extends beyond just financial support, as it also contributes positively to the overall growth and development of the college.
Official website here: www.morgancc.edu/giving
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Morgan Community College Foundation has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 96% based entirely on its accountability and finance metrics, this organization demonstrates strong governance practices and financial transparency. Key strengths include a board composed entirely of independent members and robust financial oversight, ensuring that funds are handled responsibly.
The foundation's financial practices are commendable, with an impressive program expense ratio of 87.64%, showing that a significant portion of its expenditures directly supports its mission. Additionally, there are no reported material diversions of assets, reflecting a commitment to ethical management. The foundation also adheres to best practices by maintaining policies on conflicts of interest and whistleblower protections.
Overall, the Morgan Community College Foundation stands out for its rigorous adherence to accountability standards and effective financial management. This rating suggests that donors can trust their contributions will be utilized effectively to support the college and its community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Morgan Community College Foundation legitimate?
Morgan Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan Community 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.morgancc.edu/giving
What is the mission statement of Morgan Community College Foundation?
The Morgan Community College Foundation's mission is centered around procuring financial resources for the expansion and enhancement of Morgan Community College. Their primary goal is to establish an outstanding learning environment. The foundation supports the college by funding various community programs and making substantial contributions to Morgan Community College. In essence, the mission of the Morgan Community College Foundation is to facilitate the college's development and improve the overall learning experience.
Official website here: www.morgancc.edu/giving
Who is the CEO of Morgan Community College Foundation?
John Harris is the Board Member of Morgan Community College Foundation.
Official website here: www.morgancc.edu/giving
What is the revenue of Morgan Community College Foundation?
Morgan Community College Foundation's revenue in 2022 was $1,654,850.
Official website here: www.morgancc.edu/giving
Who are the executives of Morgan Community College Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.morgancc.edu/giving
Where can I find the form 990 for Morgan Community College Foundation?
Morgan Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morgancc.edu/giving
Learn more at the official website: www.morgancc.edu/giving
Mission Statement of Morgan Community College Foundation
The Morgan Community College Foundation is committed to its mission of securing finances for the expansion and enhancement of Morgan Community College. This mission is driven by the desire to foster a superior learning environment within the college. The Foundation achieves this by funding various community programs and making significant contributions to the college. By doing so, it plays a crucial role in promoting educational growth and development at Morgan Community College.
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Impact
October, 2024
Morgan Community College Foundation plays a crucial role in enhancing the educational landscape of Morgan Community College in Fort Morgan, Colorado. By securing financial resources, the Foundation supports the growth and development of the college, ensuring that students have access to a superior learning environment. The Foundation funds various community programs, fostering opportunities that enrich the educational experience and contribute to the overall success of the college and its students. Through its efforts, the Foundation not only strengthens the college's infrastructure but also actively promotes educational advancement within the community.
This information is meant to be a general summary of Morgan Community 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: $281,291
- Gross Receipts: $1,722,088
Assets and Liabilities:
- Total Assets: $9,505,474
- Total Liabilities: $102,184
- Net Assets: $9,403,290
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Organization Details
Founding Year
1970
Phone
(970) 542-3106Principal Officer
John Harris
Main Address
300 MAIN STREET, FORT MORGAN, CO, 80701
Website
www.morgancc.edu/givingNTEE Category
Code: B114 - Education
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