Overview
What is Bladen Community College Foundation Inc?
Bladen Community College Foundation Inc is a nonprofit organization primarily focused on promoting the educational mission of Bladen Community College. Based in Dublin, North Carolina, the foundation serves as a component unit of the college and is dedicated to providing scholarships to eligible students, enabling them to pursue their education at the college. The foundation's sole beneficiary is Bladen Community College, and it operates with the primary goal of supporting the educational purpose of the college.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating. This strong rating reflects the Bladen Community College Foundation Inc's commitment to accountability and finance, scoring a perfect 100% in key aspects such as having a majority of independent board members and no material diversion of assets. The foundation's program expense ratio of 81.45% indicates that the vast majority of its funds are allocated directly to its programs, enhancing its service delivery.
The foundation has established several robust policies, including conflict of interest and document retention policies. However, it is noted that a whistleblower policy is missing, which may be a concern for some stakeholders regarding transparency and internal governance. Despite this minor gap, the organization's financial health is strong, with a liabilities to assets ratio of 0.00%, signifying no debt.
Overall, the Bladen Community College Foundation Inc demonstrates significant strengths in financial management and ethical governance, which are crucial for maintaining donor trust and achieving its mission. While there is room for improvement in its policy framework, the existing strong accountability practices position the organization favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bladen Community College Foundation Inc legitimate?
Bladen Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bladen Community 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bladen Community College Foundation Inc?
The Bladen Community College Foundation Inc's mission is centered around promoting the educational objectives of Bladen Community College. Acting as a component unit of the college, the foundation's primary role is to benefit the college solely. The foundation achieves this by providing scholarships to qualified students, enabling them to pursue their education at the college. This initiative supports the broader goal of enhancing educational opportunities and fostering academic growth within the college community.
Who is the CEO of Bladen Community College Foundation Inc?
Amanda Lee is the None Are Compensated of Bladen Community College Foundation Inc.
What is the revenue of Bladen Community College Foundation Inc?
Bladen Community College Foundation Inc's revenue in 2022 was $124,309.
Who are the executives of Bladen Community College Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bladen Community College Foundation Inc?
Bladen Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bladen Community College Foundation Inc
Bladen Community College Foundation Inc, as a component unit of Bladen Community College, is dedicated to advancing the educational mission of the college. The foundation's primary objective is to promote this educational purpose by offering scholarships to eligible students, enabling them to attend Bladen Community College. By providing financial aid, the foundation plays a crucial role in making higher education more accessible, thereby contributing to the overall growth and development of its beneficiary, the college.
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Impact
October, 2024
Bladen Community College Foundation Inc plays a crucial role in enhancing educational opportunities for students at Bladen Community College. By providing scholarships to qualifying students, the Foundation helps alleviate financial barriers, making education more accessible. This support not only empowers individual students to pursue higher learning but also contributes to the overall enrichment of the community by fostering a more educated workforce. The Foundation's commitment to promoting the educational mission of the College ensures that it remains a vital resource for those seeking to advance their skills and knowledge in Dublin, NC, and beyond.
This information is meant to be a general summary of Bladen Community 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 2022.
- Investment Income: $414
- Gross Receipts: $124,630
Assets and Liabilities:
- Total Assets: $1,231,557
- Total Liabilities: $0
- Net Assets: $1,231,557
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Organization Details
Founding Year
1975
Phone
(910) 879-5500Principal Officer
Amanda Lee
Main Address
PO BOX 384, DUBLIN, NC, 28332
NTEE Category
Code: B19 - Education
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