Overview
What is Northwest Foundation Inc?
Northwest Foundation Inc, situated in Maryville, Missouri, is a small yet impactful nonprofit organization. Its primary mission is to support the programs at Northwest Missouri State University (NWMSU), aiming to benefit both the institution and its students. To achieve this goal, the foundation develops and manages philanthropic resources effectively. With a workforce of three dedicated individuals, Northwest Foundation Inc plays an essential role in enhancing the educational experience and opportunities for students at NWMSU.
Official website here: www.nwmissouri.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Star rating)
Northwest Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, scoring 97%. This high score reflects the organization's strong performance in Accountability & Finance, with all metrics indicating robust governance practices and financial health. The foundation boasts a fully independent board, comprehensive financial oversight, and strict adherence to policies regarding conflicts of interest and whistleblower protections.
The organization excels in its financial management, demonstrating an impressive program expense ratio of 88.55%, indicating that a substantial portion of its funds directly supports its mission-related activities. Additionally, it maintains a low fundraising efficiency ratio of $0.05, showcasing its ability to minimize costs associated with raising funds. The foundation's working capital ratio of 7.06 years further underscores its fiscal stability, suggesting it is well-positioned to sustain its operations long-term.
No significant limitations or concerns have been noted in the available data, reinforcing the foundation's strong standing in the nonprofit sector. Overall, Northwest Foundation Inc exemplifies transparency, responsible governance, and effective financial management, making it a trusted choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Foundation Inc legitimate?
Northwest Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest 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: $158,966
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,602
For more financial information, click here
Official website here: www.nwmissouri.edu/foundation
What is the mission statement of Northwest Foundation Inc?
The Northwest Foundation Inc. is committed to managing philanthropic resources for the advantage of Northwest Missouri State University (NWMSU) and its students. Their primary mission is to steward these resources effectively, ultimately benefiting the university and its student body. By providing support for NWMSU programs, the foundation aims to contribute to the university's growth and development. The Northwest Foundation Inc. serves as a key partner in enhancing the educational experience and opportunities for students at Northwest Missouri State University.
Official website here: www.nwmissouri.edu/foundation
Who is the CEO of Northwest Foundation Inc?
Lori Steiner is the President of Northwest Foundation Inc.
Official website here: www.nwmissouri.edu/foundation
What is the revenue of Northwest Foundation Inc?
Northwest Foundation Inc's revenue in 2023 was $5,208,389.
Official website here: www.nwmissouri.edu/foundation
Who are the executives of Northwest Foundation Inc and what are their salaries?
The average compensation at Northwest Foundation Inc during 2023 was $76,856. There are 3 employees and 36 volunteers at Northwest Foundation Inc.
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- Compensation: $116,090
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- Other: $39,463
Official website here: www.nwmissouri.edu/foundation
Where can I find the form 990 for Northwest Foundation Inc?
Northwest Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nwmissouri.edu/foundation
Learn more at the official website: www.nwmissouri.edu/foundation
Mission Statement of Northwest Foundation Inc
The Northwest Foundation Inc, a notable organization, is dedicated to cultivating and managing philanthropic resources for the advantage of Northwest Missouri State University (NWMSU) and its students. Essentially, its mission revolves around supporting the university's programs by leveraging philanthropic funds. By doing so, the Northwest Foundation Inc seeks to contribute positively to the academic experience and future of NWMSU's students.
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Impact
October, 2024
Northwest Foundation Inc. significantly enhances the educational landscape at Northwest Missouri State University (NWMSU) by developing and stewarding philanthropic resources that directly benefit the institution and its students. This organization plays a crucial role in providing financial support for a variety of programs, ensuring that students have access to the resources they need for academic and personal development.
By fostering a culture of giving, Northwest Foundation Inc. helps to create opportunities like scholarships, faculty development, and program enhancements that enrich the educational experience at NWMSU. Their efforts not only support current students but also contribute to the long-term growth and success of the university, thereby impacting the broader community in Maryville and beyond. Through this commitment to education, Northwest Foundation Inc. is shaping the futures of countless students and empowering them to achieve their potential.
This information is meant to be a general summary of Northwest 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $472,438
- Program Service Revenue: $13,224
- Gross Receipts: $15,718,382
Assets and Liabilities:
- Total Assets: $58,192,254
- Total Liabilities: $4,086,690
- Net Assets: $54,105,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$13,224
Organization Details
Founding Year
1971
Phone
(660) 562-1248Principal Officer
Lori Steiner
Main Address
800 UNIVERSITY DRIVE, MARYVILLE, MO, 64468
NTEE Category
Code: B12 - Education
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