Overview
What is The Foundation For State Technical College Of Missouri Inc?
The Foundation For State Technical College Of Missouri Inc, located at ONE TECHNOLOGY DRIVE, LINN, MISSOURI 65051, serves as the primary fundraising organization for the State Technical College of Missouri. Its primary mission is to aid and promote educational and charitable purposes, as well as lawful activities, for the college. The foundation receives non-cash donations in the form of equipment, which it subsequently contributes to the college to enhance its teaching capabilities. The foundation's activities contribute significantly to the college's growth and development, ensuring that students receive the best possible education.
Official website here: www.statetechmo.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Foundation For State Technical College Of Missouri Inc has received an overall score of 84%, reflecting a solid performance primarily in Accountability & Finance. The organization boasts a strong governance structure with a board comprising 92% independent members and an independent board size of 12, indicating a robust oversight mechanism. The financial health is commendable, with a program expense ratio of 95.25%, showcasing a strong commitment to its mission.
However, there are notable areas for improvement, particularly regarding the organization's policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about transparency and governance practices. Additionally, the failure to post its tax form on the nonprofit's website is another weakness that could affect stakeholder trust.
Despite these limitations, the Foundation demonstrates a high level of accountability through its audited financial statements and an excellent liabilities to assets ratio of 1.44%. Overall, while the foundation has strengths in financial management and board independence, addressing the policy gaps would enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Foundation For State Technical College Of Missouri Inc?
88% of the 94 reviewers on Facebook recommend The Foundation For State Technical College Of Missouri Inc. Here is a summary of their reviews:
Many individuals express a positive view regarding the two-year college education provided by the nonprofit, highlighting it as a valuable option for students. The general sentiment reflects satisfaction with the educational opportunities available, emphasizing the importance of technical education in building careers.
Overall, the reviews suggest that those who support the foundation appreciate its efforts in promoting accessible education and training programs that can significantly benefit students' futures.
This AI summary has been generated from reviews found on Facebook.
Is The Foundation For State Technical College Of Missouri Inc legitimate?
The Foundation For State Technical College Of Missouri Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For State Technical College Of Missouri 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.statetechmo.edu
What is the mission statement of The Foundation For State Technical College Of Missouri Inc?
The Foundation for the State Technical College of Missouri serves as the primary fundraising organization for the institution. Its mission, as established, is to aid and promote educational and charitable purposes, as well as lawful activities, for the State Technical College of Missouri. The foundation's primary objective is to enhance the teaching capabilities of the college by accepting non-cash donations, specifically in the form of equipment, which are then contributed to the college.
Official website here: www.statetechmo.edu
Who is the CEO of The Foundation For State Technical College Of Missouri Inc?
Jenny Jacobs is the Board Member of The Foundation For State Technical College Of Missouri Inc.
Official website here: www.statetechmo.edu
What is the revenue of The Foundation For State Technical College Of Missouri Inc?
The Foundation For State Technical College Of Missouri Inc's revenue in 2022 was $1,017,398.
Official website here: www.statetechmo.edu
Who are the executives of The Foundation For State Technical College Of Missouri Inc and what are their salaries?
There 46 volunteers at The Foundation For State Technical College Of Missouri Inc.
Here are 17 key members and their salaries:
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- Related: $90,759
- Other: $30,115
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- Related: $120,126
- Other: $37,187
- Compensation: $0
- Related: $92,773
- Other: $30,655
Official website here: www.statetechmo.edu
Where can I find the form 990 for The Foundation For State Technical College Of Missouri Inc?
The Foundation For State Technical College Of Missouri Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.statetechmo.edu
Learn more at the official website: www.statetechmo.edu
Mission Statement of The Foundation For State Technical College Of Missouri Inc
The Foundation for State Technical College of Missouri, serving as the primary funding organization for the institution, was established with a specific mission. This mission involves aiding and promoting educational and charitable purposes, as well as lawful activities, for the State Technical College of Missouri. The foundation's purpose is to support the college in enhancing its teaching capabilities, contributing to its overall growth and development. One of the ways they accomplish this is by receiving non-cash donations, primarily in the form of equipment. These donated items are then contributed to the State Technical College of Missouri, thereby augmenting its teaching resources and capabilities. By doing so, The Foundation for State Technical College of Missouri Inc plays a vital role in fostering the educational advancement of the college, ultimately benefiting its students and the broader community.
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Impact
July, 2024
The Foundation For State Technical College Of Missouri Inc's impact lies in its crucial role as the primary fundraising organization for State Technical College of Missouri. Through its efforts, the Foundation secures noncash donations in the form of equipment, which are then contributed to the college to enhance its teaching capabilities. By supporting the educational and charitable purposes of the college, the Foundation plays a vital role in advancing the mission of State Technical College of Missouri in LINN, MO.
This information is meant to be a general summary of The Foundation For State Technical College Of Missouri 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: $44,524
- Gross Receipts: $1,345,001
Assets and Liabilities:
- Total Assets: $2,710,490
- Total Liabilities: $58,971
- Net Assets: $2,651,519
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Organization Details
Founding Year
1983
Phone
(573) 897-5000Principal Officer
Jenny Jacobs
Main Address
ONE TECHNOLOGY DRIVE, LINN, MO, 65051
Website
www.statetechmo.eduNTEE Category
Code: B31I - Education
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