Overview
What is Northcentral Technical College Foundation Inc?
Northcentral Technical College Foundation Inc is a nonprofit organization situated in Wausau, Wisconsin. Its primary purpose is to provide financial assistance to students enrolled in Northcentral Technical College, funding scholarships for 898 students in 2021 alone. The foundation actively cultivates relationships with individuals, businesses, and the community, advocating for and securing resources in support of the college's mission. By doing so, it contributes significantly to Northcentral Technical College's overall achievements.
Official website here: www.ntc.edu/about/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star Rating)
The Northcentral Technical College Foundation Inc has achieved a commendable score of 98%, reflecting its commitment to effective financial management and measurable impact. With an Accountability & Finance score of 96 and an impressive Impact & Measurement score of 100, the foundation demonstrates strong governance practices and fiscal responsibility, including a program expense ratio of 80.40%. The organization benefits from a fully independent board consisting of 22 members, ensuring transparency and accountability in decision-making.
Strengths of the foundation lie in its robust financial oversight and clear impact metrics. The charity's audit and oversight committee received a perfect score, indicating rigorous financial scrutiny. Furthermore, the foundation has established effective policies addressing conflict of interest and document retention, showcasing its dedication to ethical governance. The impact evaluation reveals that scholarships provided by the foundation significantly enhance income for recipients, proving the effectiveness of its programs.
While the foundation ranks highly in accountability and measurable impact, it is important for potential donors and stakeholders to consider the overall balance between financial health and programmatic effectiveness. The low liabilities to assets ratio of 10.56% suggests good financial stability, but continuous monitoring of these metrics is essential for sustained success. Overall, the Northcentral Technical College Foundation Inc stands out as a highly effective nonprofit committed to supporting educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Northcentral Technical College Foundation Inc?
84% of the 80 reviewers on Facebook recommend the Northcentral Technical College Foundation Inc. Here is a summary of their reviews:
Many individuals highlight the quality of the Graphic Communication program, praising the instructors for their support and flexibility. Reviewers appreciate that the faculty recognizes the demands of balancing education with job and family responsibilities, demonstrating a commitment to helping students achieve their educational goals.
Overall, the sentiment regarding the services provided is positive, with a strong emphasis on the effectiveness of the programs and the dedication of the staff. Reviewers feel that their hard work is rewarded, reflecting the foundation's ability to deliver value to its students.
This AI summary has been generated from reviews found on Facebook.
Is Northcentral Technical College Foundation Inc legitimate?
Northcentral Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northcentral Technical College 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:
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For more financial information, click here
Official website here: www.ntc.edu/about/foundation
What is the mission statement of Northcentral Technical College Foundation Inc?
The Northcentral Technical College Foundation Inc's mission involves fostering relationships to advocate for and provide resources in support of Northcentral Technical College, aiding it in achieving its mission. This foundation works to enable individuals, businesses, and the community to contribute to the college's objectives. One of its key activities is providing scholarships and financial assistance to students enrolled in Northcentral Technical College, as demonstrated by funding scholarships for 898 students in 2021.
Official website here: www.ntc.edu/about/foundation
Who is the CEO of Northcentral Technical College Foundation Inc?
Vicki Jeppesen is the Director of Northcentral Technical College Foundation Inc.
Official website here: www.ntc.edu/about/foundation
What is the revenue of Northcentral Technical College Foundation Inc?
Northcentral Technical College Foundation Inc's revenue in 2022 was $924,874.
Official website here: www.ntc.edu/about/foundation
Who are the executives of Northcentral Technical College Foundation Inc and what are their salaries?
There 45 volunteers at Northcentral Technical College Foundation Inc.
Here are 23 key members and their salaries:
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Official website here: www.ntc.edu/about/foundation
Where can I find the form 990 for Northcentral Technical College Foundation Inc?
Northcentral Technical College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ntc.edu/about/foundation
Learn more at the official website: www.ntc.edu/about/foundation
Mission Statement of Northcentral Technical College Foundation Inc
The Northcentral Technical College Foundation Inc plays a crucial role in advocating for and providing resources to individuals, businesses, and the community, all with the aim of supporting Northcentral Technical College in achieving its mission. This nonprofit organization develops connections that facilitate the allocation of resources to Northcentral Technical College, thereby aiding in its accomplishments.
One of the primary ways in which the Northcentral Technical College Foundation Inc fulfills its mission is by providing scholarships and direct financial assistance to students enrolled in various programs offered by Northcentral Technical College. In the year 2021, this foundation funded scholarships for a total of 898 students, demonstrating its commitment to supporting the educational pursuits of numerous individuals. By offering financial aid, the Northcentral Technical College Foundation Inc enables students to overcome financial barriers and focus on their studies, ultimately increasing their chances of graduating and securing successful careers.
In summary, the Northcentral Technical College Foundation Inc serves as a vital link between various stakeholders and Northcentral Technical College. By advocating for resources and providing financial assistance, this organization helps the college achieve its mission and empowers students to pursue their educational goals.
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Impact
July, 2024
Northcentral Technical College Foundation Inc's impact is significant in supporting Northcentral Technical College's mission by providing scholarships and direct financial assistance to students enrolled in all credentials conferred by the college. In 2021 alone, the foundation funded scholarships for 898 students, making higher education more accessible and affordable for individuals in the Wausau, WI community. Through its focus on education, the foundation plays a crucial role in shaping the future workforce and contributing to the overall development of the community.
This information is meant to be a general summary of Northcentral Technical College 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 2022.
- Investment Income: $68,483
- Gross Receipts: $1,044,517
Assets and Liabilities:
- Total Assets: $9,277,196
- Total Liabilities: $908,507
- Net Assets: $8,368,689
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Organization Details
Founding Year
1976
Phone
(715) 675-3331Principal Officer
Vicki Jeppesen
Main Address
1000 WEST CAMPUS DRIVE, WAUSAU, WI, 54401
Website
www.ntc.edu/about/foundationNTEE Category
Code: B82 - Education
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