Overview
What is Rocky Mountain College Of Art And Design Foundation Inc?
Rocky Mountain College of Art and Design Foundation Inc is a nonprofit organization dedicated to supporting the creative pursuits of aspiring artists and designers. They offer financial assistance to talented individuals with demonstrated financial needs, as well as mentoring and scholarship opportunities. The foundation extends its support to low-income and at-risk primary and secondary school students, promoting art education in the Denver metropolitan area schools. They also aim to enhance the cultural and artistic experiences of children living in homeless shelters, providing assistance to RMCAD employees and students in need, and raising awareness about art and design to promote social good and justice.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%
The Rocky Mountain College of Art And Design Foundation Inc has received a low rating of 47%, which translates to a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization’s financial health and accountability practices. While the foundation has received perfect scores in several governance aspects, such as having a majority of independent board members and a robust conflict of interest policy, its overall performance is overshadowed by critical deficiencies in financial management.
One of the most concerning points in the evaluation is the organization’s liabilities to assets ratio, which scored zero, indicating potential financial instability. Additionally, the program expense ratio also received a zero score, suggesting that funds may not be effectively allocated towards the foundation's mission-driven programs. These financial metrics raise red flags about the sustainability and operational efficiency of the nonprofit.
Furthermore, the foundation has not implemented certain essential policies, such as a whistleblower policy and has failed to post its tax form on its website, scoring zero in these areas. This lack of transparency may hinder donor trust and limit the organization’s ability to attract funding. Overall, while there are strengths in governance, the financial red flags suggest that potential donors should exercise caution.
This AI summary has been generated from information found on Charity Navigator.
Is Rocky Mountain College Of Art And Design Foundation Inc legitimate?
Rocky Mountain College Of Art And Design Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain College Of Art And Design 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rocky Mountain College Of Art And Design Foundation Inc?
The Rocky Mountain College of Art and Design Foundation Inc's mission is centered around supporting creative pursuits. It aims to assist new and aspiring artists and designers who are financially disadvantaged. The foundation also provides mentoring and scholarship opportunities for low-income and at-risk primary and secondary school students. It further supports art education in schools within the Denver metropolitan area to encourage creativity among students. The foundation also strives to enhance the cultural and artistic experiences of children residing in homeless shelters in the area. In addition, it offers aid to employees and students of the Rocky Mountain College of Art + Design during catastrophic events or emergency hardships. The foundation also aims to promote awareness of art and design to foster social good and justice.
Who is the CEO of Rocky Mountain College Of Art And Design Foundation Inc?
Charles E Ball is the Chairman of Rocky Mountain College Of Art And Design Foundation Inc.
What is the revenue of Rocky Mountain College Of Art And Design Foundation Inc?
Rocky Mountain College Of Art And Design Foundation Inc's revenue in 2021 was $30,000.
Who are the executives of Rocky Mountain College Of Art And Design Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
Where can I find the form 990 for Rocky Mountain College Of Art And Design Foundation Inc?
Rocky Mountain College Of Art And Design Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Rocky Mountain College Of Art And Design Foundation Inc
Rocky Mountain College of Art and Design Foundation Inc is dedicated to supporting the creative pursuits of new and aspiring artists and designers. Their mission can be broken down into six key areas. Firstly, they provide assistance to these individuals with demonstrated financial need, aiming to help them pursue their artistic careers. Secondly, the foundation offers mentoring and scholarship opportunities for low-income and at-risk primary and secondary school students, fostering creativity and artistic growth.
Thirdly, Rocky Mountain College of Art and Design Foundation Inc supports art education in schools within the Denver metropolitan area, encouraging students to explore their creative potential. This initiative aims to promote art as an outlet for students' creativity and enrich their cultural experiences. Fourthly, the foundation seeks to improve the artistic experiences of children living in homeless shelters, providing them with opportunities to engage with art and design.
Fifthly, the foundation extends its support to employees and students of the Rocky Mountain College of Art + Design who are facing hardships due to a catastrophic event or emergency. Lastly, Rocky Mountain College of Art and Design Foundation Inc works to create awareness of art and design, promoting social good and justice. By engaging with these various initiatives, the foundation aims to make a significant impact on the artistic community.
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Impact
August, 2024
Rocky Mountain College of Art and Design Foundation Inc supports the creative pursuits of new and aspiring artists and designers by providing assistance to those with demonstrated financial need. Additionally, the foundation provides mentoring and scholarship opportunities for low-income and at-risk primary and secondary school students. It also supports art education in Denver metropolitan area schools to promote art as an outlet for students' creativity and improves the cultural and artistic experiences of children living in Denver metropolitan area homeless shelters. Moreover, the foundation assists employees and students of the Rocky Mountain College of Art + Design who are in need of assistance due to a catastrophic event or emergency hardship. Overall, the foundation aims to create awareness of art and design to promote social good and justice.
This information is meant to be a general summary of Rocky Mountain College Of Art And Design 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 2021.
- Gross Receipts: $30,000
Assets and Liabilities:
- Total Assets: $14,748
- Total Liabilities: $1,157
- Net Assets: $13,591
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Organization Details
Founding Year
2011
Phone
(407) 839-3330Principal Officer
Charles E Ball
Main Address
541 S ORLANDO AVENUE SUITE 300, MAITLAND, FL, 32751
NTEE Category
Code: A20 - Arts
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