Overview
What is Mineral Area College Foundation Inc?
Mineral Area College Foundation Inc, located in Park Hills, Missouri, serves as a dedicated nonprofit organization. Their primary mission is to generate funds in support of Mineral Area College, focusing on educational and student services programs. The foundation operates with the goal of enhancing the college's resources and opportunities for its students. By raising funds, they contribute to the institution's growth and development, ensuring it can continue to provide quality education to its community. The foundation's address is PO Box 1000, Park Hills, Missouri 63601.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Mineral Area College Foundation Inc has received an 82% rating from Charity Navigator, which indicates a solid level of accountability and financial health. This score reflects a strong emphasis on financial management, with the foundation achieving a perfect score in several areas, including the composition of an entirely independent board and a favorable liabilities-to-assets ratio.
Key strengths of the foundation include a high program expense ratio of 99.27%, suggesting that the majority of funds raised are directly used for programs rather than administrative costs. The foundation also demonstrates transparency and responsible governance through documented board meeting minutes and active oversight via an audit committee.
While the organization has shown commendable financial practices, the rating is derived solely from accountability and finance metrics. Further insight into programmatic impact and community engagement would provide a more comprehensive picture of the foundation's effectiveness and overall mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mineral Area College Foundation Inc legitimate?
Mineral Area College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mineral Area 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.
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What is the mission statement of Mineral Area College Foundation Inc?
The mission of Mineral Area College Foundation Inc. is centered around raising funds to support the educational and student services programs at Mineral Area College. This non-profit organization's primary objective is to contribute financially towards the institution's growth and development, thereby enriching the educational experiences of its students. The foundation's activities are geared towards ensuring the college has the necessary resources to provide a comprehensive learning environment, ultimately contributing to the students' overall success.
Who is the CEO of Mineral Area College Foundation Inc?
Tony Myers is the President of Mineral Area College Foundation Inc.
What is the revenue of Mineral Area College Foundation Inc?
Mineral Area College Foundation Inc's revenue in 2023 was $766,421.
Who are the executives of Mineral Area College Foundation Inc and what are their salaries?
Here are 23 key members and their salaries:
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Where can I find the form 990 for Mineral Area College Foundation Inc?
Mineral Area College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mineral Area College Foundation Inc
The Mineral Area College Foundation Inc is dedicated to raising funds for the support of Mineral Area College. This nonprofit organization's mission is centered around contributing to the educational and student services programs at the college. By raising money, the foundation aims to further the college's objectives and enhance the educational experience for its students.
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Impact
July, 2024
Mineral Area College Foundation Inc's impact is significant in supporting Mineral Area College by raising funds for educational and student services programs. Through its efforts, the Foundation plays a crucial role in enhancing the educational experience and opportunities available to students at Mineral Area College in Park Hills, Missouri. This support helps empower students to pursue their academic goals, fostering a stronger, more educated community.
This information is meant to be a general summary of Mineral Area 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 2023.
- Investment Income: $169,486
- Gross Receipts: $1,336,182
Assets and Liabilities:
- Total Assets: $4,570,076
- Total Liabilities: $252,812
- Net Assets: $4,317,264
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Organization Details
Founding Year
1983
Phone
(573) 431-4593Principal Officer
Tony Myers
Main Address
PO BOX 1000, PARK HILLS, MO, 63601
NTEE Category
Code: B42 - Education
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