Overview
What is Prairie State College Foundation?
Prairie State College Foundation is a nonprofit organization situated in Chicago Heights, Illinois, with a postal address at 202 S Halsted St. Their primary mission is to foster excellence in education by offering scholarships and college assistance to students attending Prairie State College. As a dedicated institution, they are committed to promoting academic growth and success within the college community. The Foundation's activities extend beyond financial aid, providing special projects that further support the college and its students in their educational journeys.
Official website here: www.prairiestate.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
The Prairie State College Foundation has received a One-Star rating from Charity Navigator, reflecting its overall accountability and finance score of 56%. This rating indicates significant room for improvement, particularly in areas impacting financial health and transparency. The score is derived solely from the Accountability & Finance metric, which emphasizes the importance of these factors in nonprofit effectiveness.
The foundation demonstrates strengths in governance, with 70% of its board members being independent, and it has robust policies in place, including conflict of interest and whistleblower protections. Additionally, the organization has no reported material diversion of assets, which is a positive sign regarding its operational integrity.
However, the organization falls short in financial performance, evidenced by a low program expense ratio of 34.35% and a liabilities to assets ratio of 4.01%. The absence of the tax form on the nonprofit's website further detracts from its transparency, highlighting critical areas that need addressing to enhance donor trust and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Prairie State College Foundation legitimate?
Prairie State College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie State 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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Official website here: www.prairiestate.edu/foundation
What is the mission statement of Prairie State College Foundation?
The Prairie State College Foundation, as a non-profit organization, is dedicated to fostering excellence in education. Its primary mission is to provide scholarships and aid to students attending Prairie State College, supporting their educational pursuits through various scholarships, awards, and special projects. The foundation's activities are geared towards assisting these college students, aiming to contribute positively to their academic journey.
Official website here: www.prairiestate.edu/foundation
Who is the CEO of Prairie State College Foundation?
Deborah Havighorst is the Executive Director of Prairie State College Foundation.
Official website here: www.prairiestate.edu/foundation
What is the revenue of Prairie State College Foundation?
Prairie State College Foundation's revenue in 2022 was $529,362.
Official website here: www.prairiestate.edu/foundation
Who are the executives of Prairie State College Foundation and what are their salaries?
There 20 volunteers at Prairie State College Foundation.
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Official website here: www.prairiestate.edu/foundation
Where can I find the form 990 for Prairie State College Foundation?
Prairie State College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prairiestate.edu/foundation
Learn more at the official website: www.prairiestate.edu/foundation
Mission Statement of Prairie State College Foundation
The Prairie State College Foundation is a non-profit organization dedicated to fostering excellence in education. Their primary mission is to provide financial aid and college assistance to students attending Prairie State College. Through scholarships, awards, and special projects, this foundation aims to support the academic pursuits of its students. By doing so, the Prairie State College Foundation contributes to the overall success and development of its student body.
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Impact
July, 2024
Prairie State College Foundation's impact is felt through its commitment to excellence in education by promoting Prairie State College. The foundation provides scholarships, awards, and special projects for the college and its students, aiming to support and empower individuals in pursuing higher education. Their focus on providing scholarships and college assistance directly contributes to increasing access to education and creating opportunities for students in Chicago Heights, Illinois.
This information is meant to be a general summary of Prairie State 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 2022.
- Investment Income: $48,609
- Gross Receipts: $578,939
Assets and Liabilities:
- Total Assets: $2,617,670
- Total Liabilities: $104,583
- Net Assets: $2,513,087
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Organization Details
Founding Year
1973
Phone
(708) 709-3568Principal Officer
Deborah Havighorst
Main Address
202 S HALSTED ST, CHICAGO HEIGHTS, IL, 60411
NTEE Category
Code: B82 - Education
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