Overview
What is Danville Area Community College Foundation?
The Danville Area Community College Foundation is a dedicated nonprofit organization that champions the success of Danville Area Community College. By engaging in fundraising activities and managing its resources wisely, the foundation aims to strengthen the college's educational, cultural, and economic influence in the local communities. One of its key initiatives is offering scholarships to individuals, ensuring access to higher education for deserving students. Furthermore, the foundation supports the college by providing essential instructional equipment, further enhancing the learning environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Danville Area Community College Foundation has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score, derived entirely from their Accountability & Finance metrics, reflects the organization's commitment to transparency and effective management of resources. Notably, the foundation boasts an independent board with a majority of 100% independent members, which contributes positively to its governance structure.
Strengths of the foundation include a solid financial oversight system, evidenced by a perfect score for their audit and oversight committee, as well as a low liabilities to assets ratio of 1.47%. Their program expense ratio stands at an impressive 85.32%, highlighting a significant commitment to using resources for their core mission rather than administrative costs. The foundation also maintains robust policies to handle conflicts of interest and protect whistleblowers, further enhancing its credibility.
While the data showcases the foundation's strengths in governance and financial responsibility, it may lack detailed metrics on program impact and community engagement. Future evaluations could benefit from a broader perspective on the foundation's effectiveness in achieving its mission beyond just financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Danville Area Community College Foundation legitimate?
Danville Area Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Danville Area Community 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,953
For more financial information, click here
What is the mission statement of Danville Area Community College Foundation?
The Danville Area Community College Foundation is dedicated to advocating and facilitating the success of Danville Area Community College. They achieve this goal by raising funds and responsibly managing their resources. The foundation strongly believes in the college's significant role in providing education, fostering culture, and stimulating economic growth within the communities it serves. In addition to fundraising, the foundation provides scholarships to individuals and invests in instructional equipment for the college.
Who is the CEO of Danville Area Community College Foundation?
Tonya Hill is the Executive Director of Danville Area Community College Foundation.
What is the revenue of Danville Area Community College Foundation?
Danville Area Community College Foundation's revenue in 2023 was $2,301,559.
Who are the executives of Danville Area Community College Foundation and what are their salaries?
There 61 volunteers at Danville Area Community College Foundation.
Here are 25 key members and their salaries:
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- Related: $94,574
- Other: $32,268
Where can I find the form 990 for Danville Area Community College Foundation?
Danville Area Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Danville Area Community College Foundation
The Danville Area Community College Foundation is dedicated to championing and bolstering the prosperity of Danville Area Community College. This is achieved through fundraising initiatives and the responsible management of the foundation's resources. The foundation firmly believes in the college's significant role in contributing positively to the educational, cultural, and economic well-being of the communities it serves. In addition to its fundraising efforts, the foundation also extends support by offering scholarships to individuals and providing essential instructional equipment.
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Impact
July, 2024
The impact of Danville Area Community College Foundation is significant in promoting and supporting the success of Danville Area Community College. Through fundraising efforts and responsible management of resources, the foundation plays a key role in enhancing the educational, cultural, and economic benefits the college delivers to the communities it serves.
One significant way the foundation contributes to this impact is by providing scholarships to deserving individuals, giving them access to education and opportunities they might not have had otherwise. Additionally, the foundation's support in acquiring instructional equipment ensures that students have the tools they need to excel in their academic pursuits.
Overall, the Danville Area Community College Foundation's efforts have a tangible and positive effect on the educational landscape of the region, advancing the college's mission and creating a better future for its students and the community as a whole.
This information is meant to be a general summary of Danville Area Community 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 2023.
- Investment Income: $1,352,754
- Gross Receipts: $13,873,108
Assets and Liabilities:
- Total Assets: $22,402,076
- Total Liabilities: $331,210
- Net Assets: $22,070,866
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Organization Details
Founding Year
1964
Phone
(217) 443-8843Principal Officer
Tonya Hill
Main Address
2000 E MAIN STREET, DANVILLE, IL, 61832
NTEE Category
Code: B110 - Education
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