Overview
What is Ellsworth College Foundation?
The Ellsworth College Foundation is a charitable organization that supports Ellsworth Community College by offering scholarships to its students and organizing special events to boost the college's profile. This nonprofit aims to enhance the educational experiences of eligible students by providing financial aid and contributing to the expansion of educational opportunities within the college.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
The Ellsworth College Foundation has received a Zero-Star out of Four Star rating based on a score of 39%, reflecting significant concerns regarding its accountability and financial practices. This score is derived solely from its Accountability & Finance metrics, which highlight a lack of transparency, particularly in financial reporting, as evidenced by the absence of financial statements.
While the foundation demonstrates strengths such as a fully independent board and established policies for conflict of interest and whistleblowing, these positives are overshadowed by critical shortcomings. The organization's liabilities to assets ratio and program expenses have raised red flags, indicating potential financial instability and inefficiencies in resource allocation.
Overall, the Ellsworth College Foundation's low rating underscores the need for improvement in its financial transparency and operational practices. Prospective donors and stakeholders may want to consider these aspects carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ellsworth College Foundation legitimate?
Ellsworth College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ellsworth 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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Other Salaries and Wages: $0
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What is the mission statement of Ellsworth College Foundation?
The Ellsworth College Foundation's mission revolves around funding scholarships for students attending Ellsworth Community College. The organization also sponsors special events to boost the college's profile. By providing financial aid to eligible students, the foundation aims to enhance the educational opportunities available at the college. Furthermore, the foundation works diligently to promote the college and its offerings through these events.
Who is the CEO of Ellsworth College Foundation?
Dan Stockdale is the Director of Ellsworth College Foundation.
What is the revenue of Ellsworth College Foundation?
Ellsworth College Foundation's revenue in 2022 was $1,177,911.
Who are the executives of Ellsworth College Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Ellsworth College Foundation?
Ellsworth College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ellsworth College Foundation
The Ellsworth College Foundation, a notable entity, is dedicated to funding scholarships for students attending Ellsworth Community College. Its mission extends beyond financial aid, as it also sponsors special events aimed at promoting the college. The foundation serves to enhance the educational opportunities available to the college's students by providing scholarships to eligible individuals. In doing so, it plays a vital role in supporting the academic aspirations of its students and contributing to their overall success.
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Impact
July, 2024
Ellsworth College Foundation's impact lies in its ability to provide crucial financial support to students at Ellsworth Community College. By funding scholarships, the foundation enables students to access higher education opportunities that may have otherwise been out of reach. This support not only helps individual students achieve their academic goals, but also contributes to the overall advancement of educational opportunities offered by the college. Through its work, the foundation plays a significant role in promoting access to education and fostering a brighter future for students in Iowa Falls, Iowa.
This information is meant to be a general summary of Ellsworth 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: $232,562
- Program Service Revenue: $100,861
- Gross Receipts: $1,177,911
Assets and Liabilities:
- Total Assets: $7,253,611
- Total Liabilities: $17,500
- Net Assets: $7,236,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$100,816
GIFT SHOP
Revenue
$45
Organization Details
Founding Year
1957
Phone
(641) 648-4285Principal Officer
Dan Stockdale
Main Address
PO BOX 606, IOWA FALLS, IA, 50126
NTEE Category
Code: B114 - Education
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