Overview
What is Big Bend Community College Foundation?
The Big Bend Community College Foundation is a nonprofit organization situated in Moses Lake, Washington, with a staff of six dedicated individuals. Their primary mission is to actively and visibly support the mission of Big Bend Community College. This support manifests through various initiatives, such as raising funds for scholarships, college facilities, equipment, and staff development. The scholarships awarded by the foundation are based on donor criteria, benefiting high school students residing within the Big Bend Community College service area, as well as returning students. The foundation's activities are geared towards enhancing the overall college experience and empowering students through financial aid.
Official website here: www.bigbend.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Big Bend Community College Foundation has received a low rating of 56%, indicating significant areas for improvement. While the organization demonstrates strong governance with a fully independent board and effective oversight mechanisms, it struggles notably with financial transparency. The absence of posted financial documents on its website raises concerns about accessibility and accountability.
Further analysis revealed that the foundation's liabilities to assets ratio is particularly troubling, scoring zero, which might suggest financial instability or poor management of resources. Additionally, the program expense ratio also received a score of zero, indicating that the majority of its funds may not be directed towards its programs, which could impact its mission and effectiveness.
Despite these challenges, the foundation has established several positive practices, such as maintaining a conflict of interest policy and whistleblower protections. Addressing the highlighted financial issues and enhancing transparency could significantly improve its standing and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Big Bend Community College Foundation legitimate?
Big Bend Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Bend 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,357
For more financial information, click here
Official website here: www.bigbend.edu/foundation
What is the mission statement of Big Bend Community College Foundation?
The Big Bend Community College Foundation's mission is to actively and publicly support the mission of Big Bend Community College. To accomplish this, the foundation raises funds for scholarships, facilities, equipment, and staff development within the college. These scholarships are awarded based on various criteria set by donors, including need and residency within the college's service area. The foundation's activities aim to enhance the college's capabilities and provide opportunities for its students.
Official website here: www.bigbend.edu/foundation
Who is the CEO of Big Bend Community College Foundation?
Leanne K Parton is the Executive Dir. of Big Bend Community College Foundation.
Official website here: www.bigbend.edu/foundation
What is the revenue of Big Bend Community College Foundation?
Big Bend Community College Foundation's revenue in 2022 was $823,156.
Official website here: www.bigbend.edu/foundation
Who are the executives of Big Bend Community College Foundation and what are their salaries?
The average compensation at Big Bend Community College Foundation during 2022 was $20,577. There are 6 employees and 32 volunteers at Big Bend Community College Foundation.
Here are 20 key members and their salaries:
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Official website here: www.bigbend.edu/foundation
Where can I find the form 990 for Big Bend Community College Foundation?
Big Bend Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bigbend.edu/foundation
Learn more at the official website: www.bigbend.edu/foundation
Mission Statement of Big Bend Community College Foundation
The Big Bend Community College Foundation is committed to actively and visibly supporting the mission of Big Bend Community College. This support is manifested through various means, including fundraising efforts. The primary objective of the foundation is to provide financial assistance for scholarships, facilities, equipment, and staff development within the college.
Scholarships are a significant part of the foundation's mission. Each year, they award scholarships to deserving students based on the criteria set by the donors. These scholarships are not limited to high school students but also extend to returning students and others who fall under the college's service area. The criteria for these scholarships can vary, with some being need-based and others based on different factors determined by the donors.
In essence, the Big Bend Community College Foundation serves as a vital bridge between the college's needs and the generosity of its supporters. Through its scholarship programs, the foundation enables deserving students to pursue their education, thereby contributing to the college's mission of providing quality education to its community.
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Impact
October, 2024
The Big Bend Community College Foundation significantly enhances the educational landscape by actively supporting the mission of Big Bend Community College. It provides critical scholarships to 305 students, including high school graduates and returning learners within the service area. These scholarships are tailored to various donor criteria, allowing for awards based on financial need or specific achievements. The Foundation’s efforts not only alleviate financial burdens for students but also contribute to their academic success and career readiness.
In addition to scholarships, the Foundation plays a vital role in raising funds for essential resources, including facilities, equipment, and staff development, ensuring that the college can maintain high educational standards and support the growth of its programs. This impact cultivates a thriving community where education is accessible and valued, ultimately benefiting the broader region of Moses Lake, Washington.
This information is meant to be a general summary of Big Bend 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: $189,822
- Program Service Revenue: $74,945
- Gross Receipts: $2,305,737
Assets and Liabilities:
- Total Assets: $7,763,077
- Total Liabilities: $488,570
- Net Assets: $7,274,507
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN FEE
Revenue
$62,959
JATP ADMIN FEE
Revenue
$11,986
Organization Details
Founding Year
1972
Phone
(509) 793-2006Principal Officer
Leanne K Parton
Main Address
7662 CHANUTE STREET NE, MOSES LAKE, WA, 98837
Website
www.bigbend.edu/foundationNTEE Category
Code: B12 - Education
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