Overview
What is Yavapai College Foundation Inc?
Yavapai College Foundation Inc is a charitable organization based in Prescott, Arizona, with an address at 1100 E Sheldon St. Its primary mission is to support Yavapai College, a local educational institution, in various ways. This includes providing scholarships to deserving students, contributing to capital improvements on the college campus, offering administrative and financial services to the Yavapai College Performing Arts Center, and supplying financial resources for various academic programs at the college. In essence, the foundation's role is to enrich the learning experience for students and contribute to the overall development of the college and its surrounding community.
Official website here: www.yc.edu/ycf
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The Yavapai College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. With a score of 93% in Accountability & Finance, the foundation exhibits strong governance practices, including a fully independent board and effective oversight measures. The organization demonstrates a commitment to transparency, as evidenced by its thorough financial statements and absence of material asset diversion.
In terms of financial efficiency, Yavapai College Foundation allocates 83.55% of its expenses directly to programs, reflecting a strong focus on mission-driven work. The low fundraising efficiency ratio of $0.05 indicates that the organization effectively manages its fundraising costs, maximizing the resources available for its initiatives. Furthermore, a robust working capital ratio of 8.66 years showcases its financial stability and ability to sustain operations over the long term.
The foundation also excels in its Culture & Community score, achieving a perfect 100%. This rating highlights the organization’s effective feedback collection and usage practices, ensuring that it actively involves the community in its operations and strategies. Overall, the Yavapai College Foundation Inc presents itself as a well-managed and impactful nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Yavapai College Foundation Inc legitimate?
Yavapai College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yavapai 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: $139,579
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,785
For more financial information, click here
Official website here: www.yc.edu/ycf
What is the mission statement of Yavapai College Foundation Inc?
The Yavapai College Foundation Inc's mission is centered around supporting Yavapai College in its endeavor to deliver high-quality, affordable education. The foundation contributes to this mission by funding student scholarships, facilitating faculty development, and backing programs that enrich both campus and community life. One of its key activities involves providing financial aid to the college's students, while also contributing to capital additions and offering administrative and financial services to various college facilities and academic programs. The foundation also plays a role in supporting the Yavapai College Performing Arts Center with financial resources.
Official website here: www.yc.edu/ycf
Who is the CEO of Yavapai College Foundation Inc?
Mary Talosi is the Executive Director of Yavapai College Foundation Inc.
Official website here: www.yc.edu/ycf
What is the revenue of Yavapai College Foundation Inc?
Yavapai College Foundation Inc's revenue in 2022 was $4,441,364.
Official website here: www.yc.edu/ycf
Who are the executives of Yavapai College Foundation Inc and what are their salaries?
There 74 volunteers at Yavapai College Foundation Inc.
Here are 21 key members and their salaries:
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- Related: $82,412
- Other: $18,464
Official website here: www.yc.edu/ycf
Where can I find the form 990 for Yavapai College Foundation Inc?
Yavapai College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yc.edu/ycf
Learn more at the official website: www.yc.edu/ycf
Mission Statement of Yavapai College Foundation Inc
Yavapai College Foundation Inc is dedicated to supporting the mission of Yavapai College by providing scholarships, fostering faculty development, and enhancing programs that enrich both campus and community life. This nonprofit organization's mission is centered around assisting Yavapai College in delivering high-quality, cost-effective education. To achieve this goal, the foundation offers financial aid to the college's students, contributes to capital additions, and provides administrative and financial services to the Yavapai College Performing Arts Center. Furthermore, it offers financial resources for various academic programs available at the college. In essence, Yavapai College Foundation Inc plays a significant role in supporting the educational growth and development of students and the broader community.
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Impact
October, 2024
Yavapai College Foundation Inc significantly enhances the educational landscape of Yavapai College and its surrounding community. By providing scholarships, the foundation helps alleviate financial barriers for students, enabling access to higher education and fostering academic success. This support is critical for many individuals, allowing them to pursue their goals and contribute meaningfully to society.
In addition to scholarships, the foundation invests in faculty development, ensuring that educators have the resources and training they need to deliver high-quality education. This commitment to professional growth not only benefits faculty members but also enriches the learning experience for students.
The foundation's contributions extend to capital improvements at the college and vital administrative and financial services for programs like the Yavapai College Performing Arts Center. These efforts not only enhance the college’s infrastructure but also provide cultural enrichment, benefiting the broader community.
Overall, Yavapai College Foundation Inc plays a pivotal role in fostering educational excellence, community engagement, and cultural development, ultimately supporting a vibrant and well-rounded college experience for students, faculty, and residents alike.
This information is meant to be a general summary of Yavapai 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: $674,853
- Program Service Revenue: $575,145
- Gross Receipts: $4,736,587
Assets and Liabilities:
- Total Assets: $21,931,572
- Total Liabilities: $1,642,866
- Net Assets: $20,288,706
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY EVENTS PROGR
Revenue
$548,949
PROGRAM SERVICE INCOME
Revenue
$26,196
Organization Details
Founding Year
1971
Phone
(928) 717-7619Principal Officer
Mary Talosi
Main Address
1100 E SHELDON ST, PRESCOTT, AZ, 86301
Website
www.yc.edu/ycfNTEE Category
Code: B12 - Education
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