Overview
What is Jefferson State Community College Foundation Inc?
Jefferson State Community College Foundation Inc is a nonprofit organization based in Trussville, Alabama, with the specific mission of advancing educational services for Jefferson State Community College. It achieves this goal by providing financial support through student scholarships, facilitating professional development opportunities for faculty and staff, and fostering college-community partnerships. The foundation's activities positively impact a large population within the college community, ensuring a comprehensive and enriching educational experience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
The Jefferson State Community College Foundation Inc has received a score of 50%, indicating significant areas for improvement in its accountability and financial practices. While the organization has achieved full marks for its independent board composition and financial statement audit, it has notable shortcomings in transparency, specifically regarding missing key policies like the whistleblower policy and the posting of tax forms on its website.
Despite a solid foundation in governance, as evidenced by its majority independent board and compliance with conflict of interest policies, the foundation’s financial health is a point of concern. The liabilities to assets ratio stands at 4.28%, which may raise flags regarding its financial stability. Additionally, the program expense ratio of 42.96% suggests that less than half of its expenses are going directly towards its programs, which could affect its overall effectiveness in fulfilling its mission.
Overall, while the foundation demonstrates strong governance practices, the deficiencies in financial transparency and program funding allocation indicate a need for substantial improvements to enhance its operational effectiveness and build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Jefferson State Community College Foundation Inc legitimate?
Jefferson State Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson State Community College 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: $0
Professional Fundraising Fees: $72,000
Other Salaries and Wages: $0
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What is the mission statement of Jefferson State Community College Foundation Inc?
Jefferson State Community College Foundation Inc's mission is centered around providing support and enhancing the activities of Jefferson State Community College. This support is primarily provided through student scholarships, professional development opportunities, and fostering college-community partnerships. The organization's expenditures are specifically aimed at advancing the educational services for Jefferson State Community College. Participation in these activities benefits a large population of students, faculty, and staff. The foundation's initiatives contribute to the betterment of the college community by providing financial aid, professional growth opportunities, and collaborative partnerships.
Who is the CEO of Jefferson State Community College Foundation Inc?
Carolyn Densmore is the Board Of Directors of Jefferson State Community College Foundation Inc.
What is the revenue of Jefferson State Community College Foundation Inc?
Jefferson State Community College Foundation Inc's revenue in 2022 was $1,400,342.
Who are the executives of Jefferson State Community College Foundation Inc and what are their salaries?
There 50 volunteers at Jefferson State Community College Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Jefferson State Community College Foundation Inc?
Jefferson State Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jefferson State Community College Foundation Inc
Jefferson State Community College Foundation Inc plays a crucial role in supporting and enhancing the activities of Jefferson State Community College. Their mission is accomplished through various means, including providing student scholarships, fostering professional development, and building college-community partnerships. By offering these resources, the organization aims to advance the educational services available at Jefferson State Community College, benefiting a vast population of students, faculty, and staff. The Foundation's support extends to selected faculty and staff professional development activities, further enriching the educational experience and fostering growth within the college community. Additionally, Jefferson State Community College Foundation Inc actively engages in college-community partnerships, collaborating with external entities to enhance the overall educational environment and opportunities for the college and its students.
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Impact
October, 2024
Jefferson State Community College Foundation Inc plays a crucial role in enhancing the educational experience at Jefferson State Community College by providing vital support to students, faculty, and the greater community. By offering scholarships, the Foundation helps to alleviate the financial burden for many students, making higher education more accessible and encouraging academic success.
Additionally, the Foundation invests in professional development for faculty and staff, ensuring they have the resources and training necessary to deliver high-quality education. This commitment to continuous improvement not only benefits the educators but ultimately enriches the learning environment for all students.
Through fostering college-community partnerships, the Foundation strengthens ties between the college and local organizations, creating opportunities for collaboration and resource sharing. This engagement not only enhances the college's programs and services but also enriches the community as a whole.
Overall, Jefferson State Community College Foundation Inc significantly impacts a large population, benefiting students, faculty, and the community by advancing the educational services and fostering a thriving learning environment.
This information is meant to be a general summary of Jefferson State Community College 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 2022.
- Investment Income: $6,079
- Gross Receipts: $1,400,342
Assets and Liabilities:
- Total Assets: $1,775,746
- Total Liabilities: $0
- Net Assets: $1,775,746
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Organization Details
Founding Year
1979
Phone
(205) 856-8597Principal Officer
Carolyn Densmore
Main Address
6978 PARC BROOK LANE, TRUSSVILLE, AL, 35173
NTEE Category
Code: B41I - Education
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