Overview
What is Spoon River College Foundation?
The Spoon River College Foundation is a nonprofit organization dedicated to enhancing the educational experience at Spoon River College. They achieve this by securing grants, endowments, and other funds, which are then allocated to the college and its students for various purposes. These include educational needs, services, capital projects, and other institutional requirements. The foundation's mission emphasizes the transformative power of education, believing that it is a crucial stepping stone to future success. By actively seeking resources, the Spoon River College Foundation aims to provide high-quality educational opportunities for its students.
Official website here: www.src.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Spoon River College Foundation has earned a Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. With a high overall score of 94%, the foundation demonstrates effective governance and transparency, which are critical for donor trust and investment. Its board is composed entirely of independent members, ensuring unbiased decision-making and oversight.
Financially, the foundation maintains a low liabilities to assets ratio of 2.81%, reflecting prudent management of its resources. The program expense ratio stands at 68.64%, which suggests that a significant portion of its budget is directed towards its programs rather than administrative expenses. The organization also adheres to best practices in governance, as evidenced by its comprehensive policies on conflict of interest, whistleblower protections, and document retention.
While the foundation shows strong financial performance and governance, potential donors should still consider their specific priorities and how they align with the foundation's programs. Overall, the Spoon River College Foundation is positioned as a reliable and accountable nonprofit organization within its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Spoon River College Foundation?
86% of 82 reviewers on Facebook recommend Spoon River College Foundation. Here is a summary of their reviews:
Many individuals praise the college’s Nursing Program, highlighting the exemplary quality of education and the knowledge of instructors. This aspect of the program appears to be particularly well-received, with users expressing appreciation for the engaging and informative nature of the coursework.
However, not all feedback is entirely positive, as some reviewers have expressed concerns or noted experiences that did not meet their expectations. Overall, while there are some criticisms, the foundation seems to provide valuable educational opportunities that resonate positively with many students.
This AI summary has been generated from reviews found on Facebook.
Is Spoon River College Foundation legitimate?
Spoon River College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spoon River 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.src.edu/foundation
What is the mission statement of Spoon River College Foundation?
The Spoon River College Foundation's mission is centered around supporting the wellbeing of Spoon River College. They accomplish this by proactively soliciting and acquiring grants, endowments, and other funds. These resources are then allocated towards various needs of the college and its students, including education, services, capital projects, and other institutional requirements. The foundation's primary goal is to provide excellent educational opportunities, recognizing that education is a crucial step towards a successful future.
Official website here: www.src.edu/foundation
Who is the CEO of Spoon River College Foundation?
J Colin Davis is the Director of Spoon River College Foundation.
Official website here: www.src.edu/foundation
What is the revenue of Spoon River College Foundation?
Spoon River College Foundation's revenue in 2022 was $1,123,754.
Official website here: www.src.edu/foundation
Who are the executives of Spoon River College Foundation and what are their salaries?
There 25 volunteers at Spoon River College Foundation.
Here are 21 key members and their salaries:
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Official website here: www.src.edu/foundation
Where can I find the form 990 for Spoon River College Foundation?
Spoon River College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.src.edu/foundation
Learn more at the official website: www.src.edu/foundation
Mission Statement of Spoon River College Foundation
The Spoon River College Foundation, with a strong belief in the power of education, actively seeks resources to promote exceptional educational opportunities at Spoon River College. Its mission is to enhance the overall wellbeing of the college by acquiring grants, endowments, and other funds. These collected resources are then strategically allotted to the college and its students, catering to their educational, service, capital, and other institutional needs. The ultimate goal of the Spoon River College Foundation is to contribute to the success of its students' future, recognizing that education plays a pivotal role in achieving this.
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Impact
October, 2024
Spoon River College Foundation significantly enhances educational opportunities for students by actively seeking and allocating resources such as grants and endowments. Its commitment to supporting Spoon River College ensures that the institution can address various educational, service, and capital needs. By providing essential funding, the foundation plays a crucial role in fostering a successful future for students, promoting academic excellence, and enhancing the overall welfare of the college community.
This information is meant to be a general summary of Spoon River 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: $252,919
- Gross Receipts: $1,195,725
Assets and Liabilities:
- Total Assets: $5,657,516
- Total Liabilities: $55,934
- Net Assets: $5,601,582
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Organization Details
Founding Year
1979
Phone
(309) 649-6395Principal Officer
J Colin Davis
Main Address
23235 N COUNTY HIGHWAY 22, CANTON, IL, 61520
Website
www.src.edu/foundationNTEE Category
Code: B42I - Education
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