Overview
What is Manhattan Area Technical College Foundation?
The Manhattan Area Technical College Foundation is a nonprofit organization, specifically based in Manhattan, Kansas. Its primary mission is to provide financial support for the Manhattan Area Technical College (MATC). This entails raising funds to ensure the college's continued operation and growth. The Foundation's headquarters is located at 3136 Dickens Avenue, contributing to the community's educational landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Manhattan Area Technical College Foundation has received a positive rating of 87%, categorized as a Three-Star organization. This overall score reflects strong accountability and financial practices, which are crucial for maintaining donor trust and ensuring effective use of funds. The score is entirely derived from the Accountability & Finance beacon, pointing to solid governance structures in place.
Strengths of the foundation include a fully independent board with 11 members, adherence to a whistleblower policy, and rigorous document retention practices. The organization has no reported issues with asset diversion, indicating a strong commitment to ethical management. Additionally, the program expense ratio is impressive at 97.54%, suggesting that a significant portion of their funds is directed towards fulfilling their mission.
While the foundation showcases robust financial accountability and transparency, the single-focus rating may limit the viewer's understanding of other operational aspects. Nonetheless, its high program expense ratio and effective governance reveal a strong commitment to its educational mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Manhattan Area Technical College Foundation legitimate?
Manhattan Area Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manhattan Area Technical 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.
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What is the mission statement of Manhattan Area Technical College Foundation?
The Manhattan Area Technical College Foundation's mission is centered around raising financial support for Manhattan Area Technical College (MATC). This non-profit organization's primary goal is to provide essential financial resources to MATC, thereby contributing to its continued operation and growth. By securing funds, the foundation enables MATC to offer quality technical education and training opportunities to its student body, ultimately empowering them to pursue successful careers.
Who is the CEO of Manhattan Area Technical College Foundation?
Jarrod Willich is the Ex-Officio of Manhattan Area Technical College Foundation.
What is the revenue of Manhattan Area Technical College Foundation?
Manhattan Area Technical College Foundation's revenue in 2021 was $61,634.
Who are the executives of Manhattan Area Technical College Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Manhattan Area Technical College Foundation?
Manhattan Area Technical College Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Manhattan Area Technical College Foundation
The Manhattan Area Technical College Foundation is committed to raising financial support for Manhattan Area Technical College (MATC). In essence, its mission is to bolster the financial resources of MATC, ensuring its continued growth and success. By providing support to MATC, the Foundation plays a crucial role in enabling this educational institution to offer quality technical education to its students, thereby contributing to the community's development and progress.
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Impact
August, 2024
The Manhattan Area Technical College Foundation has a significant impact on supporting the growth and development of Manhattan Area Technical College (MATC). Through its efforts to raise financial support, the foundation helps provide resources and opportunities for students at MATC to further their education and career goals. This support plays a crucial role in enhancing the educational experience at MATC and contributes to the overall success of the institution in preparing students for the workforce.
This information is meant to be a general summary of Manhattan Area Technical 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 2021.
- Investment Income: $105
- Gross Receipts: $61,634
Assets and Liabilities:
- Total Assets: $660,578
- Total Liabilities: $0
- Net Assets: $660,578
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Organization Details
Founding Year
2006
Phone
(785) 587-2800Principal Officer
Jarrod Willich
Main Address
3136 DICKENS AVENUE, MANHATTAN, KS, 665032444
NTEE Category
Code: B114 - Education
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