Overview
What is Virginia Business Higher Education Council?
The Virginia Business Higher Education Council is a nonprofit organization headquartered in Colonial Heights, Virginia. Their primary mission is to support and enhance the performance of Virginia's public colleges, universities, and community colleges. By advocating for adequate funding from the state government, the council aims to positively impact Virginia's economy. The council plays a crucial role in ensuring that higher education funding remains at current or above levels, thereby contributing to the overall development of the educational sector in the state.
Official website here: www.growth4va.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Virginia Business Higher Education Council has received an impressive Four-Star rating from Charity Navigator, reflecting a robust score of 96%. This rating is based entirely on the organization's accountability and finance, indicating a strong commitment to transparency and responsible management of resources. Their fiscal responsibility is highlighted by a 94.33% program expense ratio, ensuring that the vast majority of their funds are directed towards their educational initiatives.
The organization boasts an independent board structure, with 97% of its board members being independent, which contributes to its governance quality. The thoroughness of their audit and oversight practices is further demonstrated by a perfect score in financial statement review and the absence of any material diversion of assets. Alongside having comprehensive policies on conflict of interest, whistleblowing, and document retention, the council exemplifies strong ethical practices.
While the rating signifies high accountability and effective financial management, it is crucial to consider the impact of their programs beyond just financial metrics. Stakeholders may benefit from more qualitative insights into the effectiveness of their educational initiatives and how they measure success in their mission to enhance higher education in Virginia.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Business Higher Education Council legitimate?
Virginia Business Higher Education Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Business Higher Education Council 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:
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Official website here: www.growth4va.com
What is the mission statement of Virginia Business Higher Education Council?
The Virginia Business Higher Education Council's mission is centered around enhancing the performance of Virginia's public colleges, universities, and community colleges. This organization aims to ensure that these institutions receive sufficient funding from the state government, with the ultimate goal of positively impacting Virginia's economy. By achieving these objectives, the council strives to contribute to the overall improvement and growth of the state's educational system and economy. The council has played a significant role in maintaining or increasing higher education funding from the Virginia General Assembly.
Official website here: www.growth4va.com
Who is the CEO of Virginia Business Higher Education Council?
M Kirkland Cox is the President of Virginia Business Higher Education Council.
Official website here: www.growth4va.com
What is the revenue of Virginia Business Higher Education Council?
Virginia Business Higher Education Council's revenue in 2022 was $523,946.
Official website here: www.growth4va.com
Who are the executives of Virginia Business Higher Education Council and what are their salaries?
Here are 32 key members and their salaries:
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Official website here: www.growth4va.com
Where can I find the form 990 for Virginia Business Higher Education Council?
Virginia Business Higher Education Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.growth4va.com
Learn more at the official website: www.growth4va.com
Mission Statement of Virginia Business Higher Education Council
The Virginia Business Higher Education Council, a nonprofit organization, is committed to enhancing the performance of Virginia's public colleges, universities, and community colleges. Their mission is twofold: first, they aim to improve the funding of these educational institutions by the state government. Second, they strive to positively impact Virginia's economy as a result. To achieve this, the Council has played a significant role in ensuring that the Virginia General Assembly maintains or increases funding for higher education. This dedication to supporting Virginia's educational institutions and fostering a favorable economic climate sets the Virginia Business Higher Education Council apart in its mission to improve the state's educational landscape and economic prosperity.
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Impact
July, 2024
The Virginia Business Higher Education Council has had a significant impact on Virginia's higher education system and economy. It has played a crucial role in advocating for funding for public colleges, universities, and community colleges from the state government. By ensuring that the Virginia General Assembly maintains or increases funding for higher education, the Council has helped enhance the performance of these institutions and positively impact Virginia's economy.
This information is meant to be a general summary of Virginia Business Higher Education Council. 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: $121
- Gross Receipts: $523,946
Assets and Liabilities:
- Total Assets: $66,376
- Total Liabilities: $0
- Net Assets: $66,376
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Organization Details
Founding Year
1994
Phone
(804) 249-2889Principal Officer
M Kirkland Cox
Main Address
PO BOX 1205, COLONIAL HEIGHTS, VA, 23834
Website
www.growth4va.comNTEE Category
Code: A20 - Arts
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