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Ndscs Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450407617 ✦ Wahpeton, ND ✦ Designated as a 501(c)(3)

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Overview

What is Ndscs Foundation?

The Ndscs Foundation, based in Wahpeton, North Dakota, is a nonprofit organization dedicated to enhancing and strengthening the North Dakota State College of Science. Their primary mission involves addressing the school's financial needs and supporting its students. To achieve this goal, they invest resources wisely and adhere to donors' requests, ensuring their contributions are utilized effectively. The Foundation's activities aim to develop the College of Science further, contributing to its growth and success.


Official website here: www.ndscsalumni.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating 85% - Three-Star out of Four Star rating

The Ndscs Foundation has received a commendable Three-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization has achieved an Accountability & Finance Score of 85%, indicating a solid management of resources and transparency in operations. Key areas such as financial oversight, conflict of interest policies, and documentation of board activities are all rated perfectly, showcasing the foundation's commitment to responsible governance.

Financially, the Ndscs Foundation demonstrates a healthy balance with a low liabilities to assets ratio of 11.78% and a program expense ratio of 72.76%. This suggests that a significant portion of its funding is directed towards programs rather than administrative costs. Additionally, the foundation has achieved a perfect fundraising efficiency ratio, indicating that it raises funds effectively without incurring costs.

While the overall rating is positive and reflects well on the organization's financial health, it is important for potential donors to consider the context of the score. The rating is based solely on accountability and finance metrics, which may not encompass all aspects of the foundation's impact or program effectiveness. Nevertheless, the Ndscs Foundation appears to be a well-managed organization with a focus on transparency and efficient use of funds.


This AI summary has been generated from information found on Charity Navigator.

Is Ndscs Foundation legitimate?

Ndscs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ndscs 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:

Executive Compensation: $153,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,411

For more financial information, click here


Official website here: www.ndscsalumni.com/

What is the mission statement of Ndscs Foundation?

The North Dakota State College of Science Foundation's mission is centered around supporting the financial needs of the college and its students. This support is achieved through the careful management and investment of resources. The Foundation is committed to upholding the wishes of its donors, ensuring their contributions are utilized as intended. Its activities are geared towards strengthening and enhancing the North Dakota State College of Science.


Official website here: www.ndscsalumni.com/

Who is the CEO of Ndscs Foundation?

Kim Nelson is the Executive Dir. of Ndscs Foundation.


Official website here: www.ndscsalumni.com/

What is the revenue of Ndscs Foundation?

Ndscs Foundation's revenue in 2023 was $3,674,220.


Official website here: www.ndscsalumni.com/

Who are the executives of Ndscs Foundation and what are their salaries?


Here are 4 key members and their salaries:


Kim Nelson (Executive Dir.)
  • Compensation: $120,475
  • Related: $0
  • Other: $33,228
Hugh Veit (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Kummer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ndscsalumni.com/

Where can I find the form 990 for Ndscs Foundation?

Ndscs Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ndscsalumni.com/

Learn more at the official website: www.ndscsalumni.com/

Mission Statement of Ndscs Foundation

The North Dakota State College of Science Foundation is committed to serving its primary mission, which involves supporting the financial needs of the esteemed institution and its students. This is accomplished through the strategic investment of resources with a focus on upholding the wishes of its donors. The organization's role is instrumental in strengthening and developing the North Dakota State College of Science, ensuring its continued growth and success.

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Impact




July, 2024

Ndscs Foundation plays a crucial role in supporting the financial needs of the North Dakota State College of Science and its students. By prudently investing resources and honoring the requests of donors, the foundation helps in developing and strengthening the college. Its impact can be seen in the academic and extracurricular opportunities provided to students, the enhancement of campus facilities, and the overall growth and success of the institution.




This information is meant to be a general summary of Ndscs 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.

Revenue
$3,674,220 (2023)
Expenses
$3,189,868 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,121,809
  • Program Service Revenue: $383,495
  • Gross Receipts: $13,793,047

Assets and Liabilities:

  • Total Assets: $55,038,880
  • Total Liabilities: $6,488,690
  • Net Assets: $48,550,190

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Revenue

Revenue

$383,495

Organization Details

Founding Year

1988

Principal Officer

Kim Nelson

Main Address

800 6TH STREET NORTH, WAHPETON, ND, 58076

NTEE Category

Code: B82Z - Education

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