Overview
What is Wvu At Parkersburg Foundation Inc?
Wvu At Parkersburg Foundation Inc is a nonprofit organization situated in Parkersburg, West Virginia, with an address at 300 Campus Drive. Its primary mission is to support the education of students and faculty at West Virginia University at Parkersburg. The foundation accomplishes this by providing scholarships to deserving students, as evaluated by a scholarship committee. To be eligible, interested students must complete an application process as outlined in the attached scholarship application. The organization's activities are geared towards promoting and aiding the growth of West Virginia University at Parkersburg, offering services to its faculty, students, and alumni, and contributing to the community of West Virginia.
Official website here: www.wvup.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%
The Wvu At Parkersburg Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and performance. While the organization excels in governance, with a fully independent board and well-defined policies in place, its financial metrics reveal serious weaknesses in operational efficiency.
The foundation's program expense ratio stands at nearly 47%, suggesting that less than half of its expenditures are directed towards programs, which is below the standard expectations for nonprofits. Additionally, its fundraising efficiency is notably poor, with a ratio of $0.00, indicating that it may not be effectively generating the necessary resources to support its initiatives.
Furthermore, the organization has a concerning liabilities to assets ratio of 0.34%, raising red flags about its financial stability. While it has implemented strong governance practices, the overall financial health and effectiveness of its operations need substantial improvement to enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Wvu At Parkersburg Foundation Inc legitimate?
Wvu At Parkersburg Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wvu At Parkersburg 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: $41,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wvup.edu
What is the mission statement of Wvu At Parkersburg Foundation Inc?
The WVU at Parkersburg Foundation Inc was established with a mission to support the education of students and faculty at West Virginia University at Parkersburg. Their goal is to promote, encourage, and assist in the development and growth of the university. The foundation aims to render services to its faculty, students, alumni, and the citizens at large. Scholarship awards are provided to deserving students based on their application process and eligibility requirements, as determined by the WVU at Parkersburg Scholarship Committee. The foundation's activities are geared towards uplifting the university and its community.
Official website here: www.wvup.edu
What is the revenue of Wvu At Parkersburg Foundation Inc?
Wvu At Parkersburg Foundation Inc's revenue in 2023 was $11,466,274.
Official website here: www.wvup.edu
Who are the executives of Wvu At Parkersburg Foundation Inc and what are their salaries?
There 14 volunteers at Wvu At Parkersburg Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.wvup.edu
Where can I find the form 990 for Wvu At Parkersburg Foundation Inc?
Wvu At Parkersburg Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wvup.edu
Learn more at the official website: www.wvup.edu
Mission Statement of Wvu At Parkersburg Foundation Inc
WVU at Parkersburg Foundation Inc, established with the purpose of providing education support and scholarships, is committed to promoting, encouraging, and aiding in the development and growth of West Virginia University at Parkersburg. This mission encompasses rendering services to the university's faculty, students, and alumni, as well as contributing to the community at large. The foundation's primary role is to support the educational endeavors of deserving students, as determined by the WVU at Parkersburg Scholarship Committee. Students interested in these scholarships undergo an application process and must meet the specified eligibility requirements, as outlined in the attached scholarship application. By offering these scholarships, WVU at Parkersburg Foundation Inc plays a significant role in nurturing talent and fostering academic success.
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Impact
July, 2024
Wvu At Parkersburg Foundation Inc's impact is focused on providing education support and scholarships to students and faculty at West Virginia University at Parkersburg. Through scholarship awards, the foundation helps deserving students pursue their educational goals as determined by the WVU at Parkersburg Scholarship Committee. By promoting, encouraging, and assisting in the development and growth of the university, the foundation plays a vital role in supporting the educational advancement of its community.
This information is meant to be a general summary of Wvu At Parkersburg 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 2023.
- Investment Income: $292,521
- Gross Receipts: $14,674,839
Assets and Liabilities:
- Total Assets: $13,639,302
- Total Liabilities: $126,420
- Net Assets: $13,512,882
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Organization Details
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