Overview
What is Heritage Christian College Foundation - Usa?
Heritage Christian College Foundation-USA is a nonprofit organization situated in Frisco, Texas. Its primary mission is to support and fund the operational and construction needs of Heritage Christian College. This includes providing financial assistance for the college's facilities and contributing to related missionary work. The Foundation's activities are geared towards ensuring the college's continuous growth and success. Its operations are conducted via PO Box 2456, Frisco, TX 75034.
Official website here: www.hccf-usa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The Heritage Christian College Foundation - USA has received a low rating of 52%, indicating significant concerns regarding its financial accountability and transparency. Although the organization boasts a fully independent board, it has struggled with maintaining adequate financial documentation. The lack of independent board size and insufficient financial statements have notably impacted its overall score.
Despite its strengths in areas like material diversion of assets and program expense ratio, the foundation has major weaknesses, particularly in fundraising efficiency and the management of liabilities to assets. These limitations suggest potential issues in financial sustainability and operational effectiveness. Furthermore, the absence of critical policies such as a whistleblower policy and document retention practices raises further questions about governance practices.
The foundation does exhibit some positive attributes, with good scores in ensuring board meeting minutes are documented and distributing tax forms prior to filing. However, the overall financial performance and transparency issues highlight the need for improvement to enhance donor confidence and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Christian College Foundation - Usa legitimate?
Heritage Christian College Foundation - Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Christian College Foundation - Usa 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.hccf-usa.org
What is the mission statement of Heritage Christian College Foundation - Usa?
The mission of Heritage Christian College Foundation - USA is centered around providing financial support for Heritage Christian College. More specifically, their primary goal is to secure funds for the college's operational needs and construction projects. This foundation also contributes financially to related missionary work. In essence, their mission is to contribute significantly to the continuity and growth of Heritage Christian College.
Official website here: www.hccf-usa.org
Who is the CEO of Heritage Christian College Foundation - Usa?
Deon Fair is the Chairman of Heritage Christian College Foundation - Usa.
Official website here: www.hccf-usa.org
What is the revenue of Heritage Christian College Foundation - Usa?
Heritage Christian College Foundation - Usa's revenue in 2022 was $2,639,589.
Official website here: www.hccf-usa.org
Who are the executives of Heritage Christian College Foundation - Usa and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hccf-usa.org
Where can I find the form 990 for Heritage Christian College Foundation - Usa?
Heritage Christian College Foundation - Usa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hccf-usa.org
Learn more at the official website: www.hccf-usa.org
Mission Statement of Heritage Christian College Foundation - Usa
Heritage Christian College Foundation's primary mission is to contribute financially to the operational and construction needs of Heritage Christian College. This nonprofit organization is dedicated to providing the necessary funds to ensure the college's smooth functioning and growth. By doing so, it indirectly supports related missionary work associated with the college. The foundation's role is crucial in maintaining the academic environment and enabling the college to fulfill its educational mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Heritage Christian College Foundation - USA significantly impacts the educational landscape by providing essential building and operational funds to Heritage Christian College. This support ensures that the college can maintain and enhance its facilities, fostering an environment conducive to learning and growth. Additionally, the foundation aids in funding related missionary work, further extending the reach and influence of the college's mission. Through these efforts, the foundation plays a crucial role in empowering students and promoting education that aligns with Christian values on an international scale.
This information is meant to be a general summary of Heritage Christian College Foundation - Usa. 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: $4,106
- Gross Receipts: $2,639,589
Assets and Liabilities:
- Total Assets: $358,044
- Total Liabilities: $412,093
- Net Assets: -$54,049
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Phone
(972) 898-3421Principal Officer
Deon Fair
Main Address
PO BOX 2456, FRISCO, TX, 75034
Website
www.hccf-usa.orgNTEE Category
Code: Q112 - International
If you are a representative of Heritage Christian College Foundation - Usa and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.