Overview
What is The Arvc Foundation Inc?
The Arvc Foundation Inc is a nonprofit organization based in Englewood, Colorado. With a focus on education, the foundation has handed over the development of educational programs to ARVC, aiming to offer individuals access to top-tier education opportunities, such as scholarships for the National School and Outdoor Hospitality Certificate Programs, among others. The foundation will no longer generate revenue from these educational program registrations but will instead rely on donations to fund these scholarships. The National School, which is part of the foundation's offerings, provides structured classes, networking opportunities, and case studies to enhance the skills of students in the RV park and campground management industry. The program is designed to foster business management principles and practices specific to the field, with a focus on fundamental business courses, independent exercises, and culminating courses to enhance business acumen. The National School is currently offered on two campuses at different times of the year, providing flexibility for students to engage in this unique program.
Official website here: www.ohi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Arvc Foundation Inc has achieved a 76% rating, translating to a Three-Star status, which indicates that the organization meets a satisfactory level of accountability and finance. The rating is primarily based on its strong performance in Accountability & Finance, highlighting the foundation's adherence to good governance practices and transparency.
Strengths of The Arvc Foundation include a fully independent board, with 100% of its members being independent, and a strong program expense ratio of nearly 90%. This suggests that the majority of its funds are effectively directed towards its programs rather than administrative costs. Additionally, the organization has shown no material diversion of assets and maintains a healthy liabilities to assets ratio of 0.19%.
However, there are notable limitations in the governance policies, as the charity lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. These missing elements may raise questions regarding governance transparency and accountability, which could be areas for improvement as the organization strives for excellence in its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Arvc Foundation Inc legitimate?
The Arvc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arvc 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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Official website here: www.ohi.org
What is the mission statement of The Arvc Foundation Inc?
The Arvc Foundation Inc, having handed over the education curriculum to ARVC, aims to grant individuals access to top-notch education programs. This is achieved through scholarships for various national schools and outdoor hospitality certificate programs. The foundation no longer generates income from registration sales for these programs. Instead, it raises funds through donations solely, and these funds are utilized to offer scholarships.
Official website here: www.ohi.org
What is the revenue of The Arvc Foundation Inc?
The Arvc Foundation Inc's revenue in 2024 was $154,608.
Official website here: www.ohi.org
Who are the executives of The Arvc Foundation Inc and what are their salaries?
There 10 volunteers at The Arvc Foundation Inc.
Here are 10 key members and their salaries:
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Official website here: www.ohi.org
Where can I find the form 990 for The Arvc Foundation Inc?
The Arvc Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ohi.org
Learn more at the official website: www.ohi.org
Mission Statement of The Arvc Foundation Inc
The Arvc Foundation Inc, in its mission, has handed over the building of an education curriculum to ARVC. The foundation now aims to offer individuals access to top-tier education programs through scholarships. These scholarships extend to national schools, outdoor hospitality certificate programs, and other similar initiatives. Notably, the foundation will no longer generate revenue from the sale of registrations to these education programs. Instead, it will rely on donations to fund these scholarships. In this way, The Arvc Foundation Inc continues its mission of providing quality education opportunities to individuals.
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Impact
July, 2024
The Arvc Foundation Inc's impact lies in providing individuals with access to gold standard education programs through scholarships to the National School of RV Park and Campground Management. By offering formal and informal professional education, structured classes, networking opportunities, and case studies, the foundation enhances the skills of students in the industry. The program, conducted away from daily distractions, focuses on business management principles and practices specific to the field. Through donations, the foundation supports scholarships for these programs, ensuring that aspiring professionals have the opportunity to engage in this unique educational experience.
This information is meant to be a general summary of The Arvc 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 2024.
- Investment Income: $75,000
- Gross Receipts: $154,608
Assets and Liabilities:
- Total Assets: $1,419,112
- Total Liabilities: $2,823
- Net Assets: $1,416,289
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Organization Details
Founding Year
2010
Principal Officer
Krystine Harris
Website
www.ohi.orgNTEE Category
Code: N20B - Recreation
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