Overview
What is Nics Care Foundation?
The NICS CARE Foundation is a 509a3 supporting organization, serving as an integral part of Network of International Christian Schools/Oasis International Schools, Inc. Its primary objective is to provide care for the community of Christian missionaries in their retirement years. To achieve this, the foundation manages assets for retirement benefits, actively contributing to the well-being of these individuals. Additionally, the NICS CARE Foundation supports the development of Christian schools globally, furthering its charitable purposes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating
Nics Care Foundation has received an 80% rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The rating is derived solely from the Accountability & Finance beacon, where the organization scored well across several metrics, demonstrating effective financial management and transparency.
Strengths of the Nics Care Foundation include a fully independent board, with all ten members meeting the criteria for independence. The foundation also shows no material diversion of assets and maintains a conflict of interest policy, reinforcing its commitment to ethical governance. Additionally, with an impressive program expense ratio of 99.78%, the organization allocates nearly all of its resources towards its mission-driven programs.
However, while the foundation excels in financial accountability, further details on its program effectiveness and overall impact could provide a more comprehensive picture of its operations. Overall, Nics Care Foundation appears well-managed and dedicated to its mission, but potential donors may want to seek additional information on its program outcomes and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Nics Care Foundation legitimate?
Nics Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nics Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nics Care Foundation?
The NICS CARE Foundation, serving as a supporting organization for Network of International Christian Schools/Oasis International Schools, Inc., is dedicated to benefiting and catering to the needs of retired Christian missionaries. Its mission is to further the charitable objectives of Network of International Christian Schools/Oasis International Schools, Inc. This is achieved by supporting the expansion of Christian schools globally and managing resources to uphold these purposes.
Who is the CEO of Nics Care Foundation?
1 is the Principal Officer of Nics Care Foundation.
What is the revenue of Nics Care Foundation?
Nics Care Foundation's revenue in 2023 was $212,613.
Who are the executives of Nics Care Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $53,908
- Other: $9,694
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nics Care Foundation?
Nics Care Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nics Care Foundation
The NICS Care Foundation, as a supporting organization of Network of International Christian Schools/Oasis International Schools, Inc., is committed to serving the retirement needs of Christian missionaries. Its mission, in essence, is to advance the charitable purposes of its parent organization. The foundation accomplishes this by aiding in the development of Christian schools globally and managing properties and assets in support of these endeavors. By doing so, the NICS Care Foundation plays a vital role in fostering educational opportunities and providing for the well-being of Christian missionaries in retirement.
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Impact
October, 2024
Nics Care Foundation significantly impacts the community of Christian missionaries during their retirement years. By managing assets for retirement benefits, it ensures that these individuals receive the support they need after a life dedicated to service. The Foundation plays a crucial role in fostering the development of Christian schools globally, thereby expanding opportunities for education and spiritual growth in various communities. This commitment not only provides financial security for retirees but also empowers future generations through the establishment of educational institutions. Through its dedicated efforts, Nics Care Foundation enhances the quality of life for retired missionaries and contributes to the broader vision of nurturing faith-based education worldwide.
This information is meant to be a general summary of Nics Care 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 2023.
- Investment Income: -$229,526
- Gross Receipts: $8,548,933
Assets and Liabilities:
- Total Assets: $7,520,821
- Total Liabilities: $0
- Net Assets: $7,520,821
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Organization Details
Founding Year
2010
Phone
(662) 892-4300Principal Officer
1
Main Address
3790 Goodman Rd E, Southaven, MS, 38672
NTEE Category
Code: X112 - Religion related
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