Overview
What is Riverland Community College Foundation?
Riverland Community College Foundation is a nonprofit organization based in Austin, Minnesota. With a single employee, their primary mission is to raise funds to support and promote educational and athletic programs at Riverland Community College. They achieve this by granting scholarships to students attending the college, ensuring access to quality education for a diverse student body. The foundation's activities extend beyond financial assistance, as they also contribute to enriching the overall academic and athletic experiences at the college.
Official website here: www.riverland.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Riverland Community College Foundation has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization earned a perfect score in various categories such as having a majority of independent board members and an effective audit and oversight committee. Their commitment to transparency is reflected in their financial statements and the absence of material diversion of assets.
However, the foundation has some areas needing improvement, particularly in their governance policies. They lack a whistleblower policy and a document retention and destruction policy, which resulted in lower scores in those specific categories. Despite these limitations, their financial ratios demonstrate good program expense allocations and efficient management of liabilities and assets.
Overall, the Riverland Community College Foundation showcases solid financial practices and a commitment to its mission, although enhancing governance policies could further strengthen its operations and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Riverland Community College Foundation legitimate?
Riverland Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverland 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.
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For more financial information, click here
Official website here: www.riverland.edu
What is the mission statement of Riverland Community College Foundation?
The Riverland Community College Foundation's mission involves raising funds to support and advance educational and athletic programs at Riverland Community College. The foundation aids in providing scholarships to students attending the college, operating as a voluntary, not-for-profit corporation. Its primary objective is to promote educational opportunities and athletic activities within the college community. The foundation's activities are geared towards enhancing the learning experience and fostering the overall development of students.
Official website here: www.riverland.edu
What is the revenue of Riverland Community College Foundation?
Riverland Community College Foundation's revenue in 2024 was $3,957,557.
Official website here: www.riverland.edu
Who are the executives of Riverland Community College Foundation and what are their salaries?
The average compensation at Riverland Community College Foundation during 2024 was $13,373. There is 1 employee and 26 volunteers at Riverland Community College Foundation.
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Official website here: www.riverland.edu
Where can I find the form 990 for Riverland Community College Foundation?
Riverland Community College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.riverland.edu
Learn more at the official website: www.riverland.edu
Mission Statement of Riverland Community College Foundation
The Riverland Community College Foundation is dedicated to raising funds and promoting educational and athletic programs at Riverland Community College. This nonprofit organization's mission is to support and aid the college's students by granting scholarships. The foundation operates as a voluntary, not-for-profit corporation, working tirelessly to provide financial assistance to those pursuing their education at Riverland Community College. By raising monies for scholarships, the Riverland Community College Foundation plays a crucial role in enabling students to achieve their academic goals and better their lives.
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Impact
July, 2024
Riverland Community College Foundation's impact is significant in supporting and promoting educational and athletic programs at Riverland Community College. Through its fundraising activities, the foundation provides essential financial assistance to students attending the college through scholarships. This support plays a crucial role in helping students access higher education and pursue their academic and athletic goals. By enabling students to afford their education, the foundation contributes to the development of a skilled workforce and enhances opportunities for individuals in the community. Through its dedication to raising funds, the foundation positively impacts the educational and athletic opportunities available to students at Riverland Community College.
This information is meant to be a general summary of Riverland 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 2024.
- Investment Income: $97,377
- Program Service Revenue: $40,928
- Gross Receipts: $4,323,240
Assets and Liabilities:
- Total Assets: $4,722,816
- Total Liabilities: $142,605
- Net Assets: $4,580,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMERSET THEATRE
Revenue
$34,689
THEATRE ANGELS + ALUMNI
Revenue
$6,239
Organization Details
Founding Year
1976
Principal Officer
Geoff Smith
Website
www.riverland.eduNTEE Category
Code: N41I - Recreation
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