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Eastern Oklahoma State College Development Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237281986 ✦ Wilburton, OK ✦ Designated as a 501(c)(3)

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Overview

What is Eastern Oklahoma State College Development Foundation Inc?

Eastern Oklahoma State College Development Foundation Inc, situated in Wilburton, Oklahoma, is a nonprofit organization with a mission to bolster Eastern Oklahoma State College, a community college located in Southeast Oklahoma. Their primary function involves providing support in various forms. They actively seek external resources to fund scholarships for college students, foster faculty development, procure essential equipment, and contribute to campus projects. The Foundation serves as a vital partner in upholding the academic and societal growth of Eastern Oklahoma State College.


Official website here: www.eosc.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)

The Eastern Oklahoma State College Development Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With an overall score of 92%, the organization demonstrates effective management practices and a commitment to transparency. Key indicators such as a 100% independent board and an excellent program expense ratio of nearly 89% illustrate its dedication to maximizing funds for its programs.

The foundation excels in several areas, including its financial oversight practices, as evidenced by a perfect score in its audit and oversight committee evaluations. Additionally, the absence of any material diversion of assets underscores its integrity in managing donations. The foundation's commitment to maintaining a documented conflict of interest policy and proper document retention practices further enhances its credibility.

However, the organization has been noted for missing a whistleblower policy, which could improve its governance framework. While the absence of this policy is a limitation, the overall strengths in financial management and accountability make it a reliable choice for donors looking to support educational initiatives in the region.


This AI summary has been generated from information found on Charity Navigator.

Is Eastern Oklahoma State College Development Foundation Inc legitimate?

Eastern Oklahoma State College Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Oklahoma State College Development 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: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.eosc.edu

What is the mission statement of Eastern Oklahoma State College Development Foundation Inc?

The Eastern Oklahoma State College Development Foundation Inc's primary mission is to support Eastern Oklahoma State College, a community college in Southeast Oklahoma. The foundation accomplishes this by providing resources and actively seeking external funding for scholarships, faculty development, equipment, and campus projects. The main objective of this foundation is to enhance the educational experience for students at Eastern Oklahoma State College by offering financial aid in the form of scholarships. Additionally, the foundation contributes to faculty development, ensuring they have the necessary resources to deliver quality education.


Official website here: www.eosc.edu

Who is the CEO of Eastern Oklahoma State College Development Foundation Inc?

Teresa Brady is the Chairman of Eastern Oklahoma State College Development Foundation Inc.


Official website here: www.eosc.edu

What is the revenue of Eastern Oklahoma State College Development Foundation Inc?

Eastern Oklahoma State College Development Foundation Inc's revenue in 2023 was $1,521,772.


Official website here: www.eosc.edu

Who are the executives of Eastern Oklahoma State College Development Foundation Inc and what are their salaries?

There 50 volunteers at Eastern Oklahoma State College Development Foundation Inc.


Here are 13 key members and their salaries:


Cindy Dye (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Jane Smallwood-Cocke (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Lucas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Redman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Wood-Myers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Mathis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Shaw (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerrod Lundry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Wynn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Vinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Musgrove (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Junell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Brady (Executive Director)
  • Compensation: $0
  • Related: $23,830
  • Other: $16,775


Official website here: www.eosc.edu

Where can I find the form 990 for Eastern Oklahoma State College Development Foundation Inc?

Eastern Oklahoma State College Development Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.eosc.edu

Learn more at the official website: www.eosc.edu

Mission Statement of Eastern Oklahoma State College Development Foundation Inc

Eastern Oklahoma State College Development Foundation's mission revolves around providing vital support to Eastern Oklahoma State College, a community college situated in Southeast Oklahoma. The primary objective of the Foundation is to secure external resources. This encompasses scholarships for students, faculty development, essential equipment, and funding for campus projects. By doing so, the Foundation aims to augment the capabilities and opportunities available at Eastern Oklahoma State College, ultimately contributing to its overall growth and success.

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Impact




October, 2024

Eastern Oklahoma State College Development Foundation Inc plays a crucial role in enhancing educational opportunities for students at Eastern Oklahoma State College (EOSC). By providing scholarships, the Foundation helps alleviate the financial burdens that many students face, enabling them to pursue their academic goals and gain valuable skills for their future careers.

In addition to scholarships, the Foundation supports faculty development, ensuring that instructors have access to the resources and training necessary to deliver high-quality education. This commitment to faculty improvement directly benefits students by enhancing the overall learning experience.

Moreover, the Foundation seeks external funding to invest in vital campus projects and procure necessary equipment. These efforts contribute to creating a supportive and modern educational environment at EOSC, ultimately fostering academic success and personal growth for students in Southeast Oklahoma. Through its initiatives, the Eastern Oklahoma State College Development Foundation Inc is instrumental in promoting educational attainment and community development in the region.




This information is meant to be a general summary of Eastern Oklahoma State College Development 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.

Revenue
$1,521,772 (2023)
Expenses
$966,103 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $175,852
  • Gross Receipts: $3,139,308

Assets and Liabilities:

  • Total Assets: $6,280,320
  • Total Liabilities: $1,216
  • Net Assets: $6,279,104

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Organization Details

Founding Year

1973

Principal Officer

Teresa Brady

Main Address

1301 W Main Street, Wilburton, OK, 74578

NTEE Category

Code: B41Z - Education

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