Overview
What is Walters State Community College Foundation?
Walters State Community College Foundation is a nonprofit organization based in Morristown, Tennessee, with a postal address of PO Box 1508. Their primary mission is to support and advance the educational objectives of Walters State Community College. This includes making financial contributions towards campus improvements and instructional resources, in line with their status as a 501(c)3 public charity, as governed by both Tennessee state laws and the Internal Revenue Service. Their purpose is multifaceted, encompassing literary, scientific, educational, charitable, and developmental aims, all aimed at enhancing the college's overall impact and success.
Official website here: www.ws.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Walters State Community College Foundation received an 85% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The high score indicates that the organization has effective financial management practices and is committed to transparency, as evidenced by the presence of key governance policies and independent board member oversight.
Strengths of the foundation include a strong program expense ratio of 97.07%, signaling that a significant portion of their budget is directed toward their core mission rather than administrative costs. Additionally, the organization boasts 95% independent board members, ensuring that decision-making is free from conflicts of interest, which further enhances their credibility.
While the foundation shows a commendable financial profile, it is important for potential donors to consider that although the rating is favorable, it is categorized as a Three-Star rating, suggesting there is room for improvement in certain areas to achieve a higher rating in the future. Overall, the Walters State Community College Foundation demonstrates a commitment to responsible management of resources and community support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Walters State Community College Foundation?
86% of 459 reviewers on Facebook recommend Walters State Community College Foundation. Here is a summary of their reviews:
Overall, the sentiment towards the foundation appears positive, with many expressing appreciation for the role it plays in supporting the community and its educational initiatives. The feedback highlights the foundation's commitment to enhancing the college experience through various programs and resources. Individuals seem to value the impact the foundation has on students' lives, reflecting a strong belief in its mission.
However, some reviews do not directly address the foundation’s activities or contributions. Despite the limited direct commentary, those who recognize the foundation's efforts generally view it favorably and see it as a beneficial organization within the community.
This AI summary has been generated from reviews found on Facebook.
Is Walters State Community College Foundation legitimate?
Walters State Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walters State 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.
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.ws.edu/foundation
What is the mission statement of Walters State Community College Foundation?
The Walters State Community College Foundation's mission is centered around promoting and supporting literary, scientific, educational, and research initiatives. Their primary objective is to foster scholarship and charitable development at Walters State Community College, aiming to operate as a 501(c)3 public charity in accordance with both Tennessee state laws and the guidelines set by the Internal Revenue Service. The foundation's goal is to achieve significant results in these areas, contributing positively to the educational institution.
Official website here: www.ws.edu/foundation
Who is the CEO of Walters State Community College Foundation?
Mark A Hurst is the President Walters State Community College of Walters State Community College Foundation.
Official website here: www.ws.edu/foundation
What is the revenue of Walters State Community College Foundation?
Walters State Community College Foundation's revenue in 2022 was $1,218,604.
Official website here: www.ws.edu/foundation
Who are the executives of Walters State Community College Foundation and what are their salaries?
There 15 volunteers at Walters State Community College Foundation.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $207,043
- Other: $0
- Compensation: $0
- Related: $134,478
- Other: $0
- Compensation: $0
- Related: $131,801
- Other: $0
- Compensation: $0
- Related: $124,784
- Other: $0
- Compensation: $0
- Related: $123,408
- Other: $0
- Compensation: $0
- Related: $119,707
- Other: $0
- Compensation: $0
- Related: $114,784
- Other: $0
- Compensation: $0
- Related: $109,509
- Other: $0
- Compensation: $0
- Related: $108,362
- Other: $0
- Compensation: $0
- Related: $107,713
- Other: $0
- Compensation: $0
- Related: $105,812
- Other: $0
- Compensation: $0
- Related: $101,163
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ws.edu/foundation
Where can I find the form 990 for Walters State Community College Foundation?
Walters State Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ws.edu/foundation
Learn more at the official website: www.ws.edu/foundation
Mission Statement of Walters State Community College Foundation
Walters State Community College Foundation, serving as a 501(c)3 public charity, is committed to advancing literary, scientific, educational, scholarly, and charitable pursuits at Walters State Community College. This nonprofit organization strives to accomplish its mission in a manner consistent with both the laws of the State of Tennessee and the guidelines set forth by the Internal Revenue Service. The primary objective of Walters State Community College Foundation is to contribute to and support the growth and development of Walters State Community College, aiming to make a meaningful impact in the realms of education, research, and scholarship.
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Impact
July, 2024
Walters State Community College Foundation's impact can be seen in the support it provides to Walters State Community College in MORRISTOWN, TN. The foundation's mission is to promote and support literary, scientific, educational scholarship, research, charitable, and developmental purposes at the college. Through its activities as a 501(c)3 public charity, the foundation has made payments to or on behalf of the college to enhance campus facilities and improve instructional programs. By aligning with the laws of Tennessee and the Internal Revenue Service, the foundation plays a crucial role in advancing the educational mission of Walters State Community College.
This information is meant to be a general summary of Walters State 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 2022.
- Investment Income: $5,624
- Program Service Revenue: $111,708
- Gross Receipts: $1,218,604
Assets and Liabilities:
- Total Assets: $23,408,983
- Total Liabilities: $3,220
- Net Assets: $23,405,763
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Organization Details
Founding Year
1975
Phone
(423) 585-2629Principal Officer
Mark A Hurst
Main Address
PO Box 1508, Morristown, TN, 378161508
Website
www.ws.edu/foundationNTEE Category
Code: B41I - Education
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