Overview
What is Nc State Student Aid Association Inc?
The NC State Student Aid Association Inc, often referred to as the Wolfpack Club, is a nonprofit organization dedicated to supporting NC State University's athletic scholarships and facilities through private financial assistance. Based on the provided information, this association not only focuses on providing financial aid but also offers communication and services to its members. The Wolfpack Club's mission includes financing scholarships for deserving students in need and improving facilities for NC State University. With integrity, the association ensures academic and athletic excellence, adhering to the guidelines set by the university, the Atlantic Coast Conference, and the National Collegiate Athletic Association.
Official website here: www.wolfpackclub.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Nc State Student Aid Association Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is entirely based on their strong performance in accountability and finance, showcasing their commitment to transparency and responsible management of resources.
The organization excels in various key metrics, including a 90.27% program expense ratio, which reflects their effective allocation of funds toward mission-related activities. Additionally, they maintain a healthy working capital ratio of 2.08 years and demonstrate strong fundraising efficiency, raising $0.10 for every dollar spent on fundraising. Their governance is robust, featuring a fully independent board and comprehensive policies in place to ensure integrity and oversight in their operations.
There are no noted limitations or concerns in the available data, highlighting the organization’s effective practices and commitment to maintaining high standards in their financial and operational activities. Overall, Nc State Student Aid Association Inc stands out as a responsible and well-managed nonprofit dedicated to supporting student aid initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Nc State Student Aid Association Inc legitimate?
Nc State Student Aid Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nc State Student Aid Association 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: $520,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,285,072
For more financial information, click here
Official website here: www.wolfpackclub.com
What is the mission statement of Nc State Student Aid Association Inc?
The NC State Student Aid Association, also known as the Wolfpack Club, operates with a mission to provide private financial support for athletic scholarships and facilities at NC State University. They prioritize academic and athletic excellence in all their activities and adhere to the guidelines set by the university, the Atlantic Coast Conference, and the National Collegiate Athletic Association. The Student Aid Association functions as a communications hub for all supporters of NC State Wolfpack Athletics, ensuring the highest level of integrity in their endeavors. They are committed to contributing financially to the success of student-athletes and the development of athletic facilities.
Official website here: www.wolfpackclub.com
Who is the CEO of Nc State Student Aid Association Inc?
Kim Foresta is the Treasurer of Nc State Student Aid Association Inc.
Official website here: www.wolfpackclub.com
What is the revenue of Nc State Student Aid Association Inc?
Nc State Student Aid Association Inc's revenue in 2022 was $35,950,194.
Official website here: www.wolfpackclub.com
Who are the executives of Nc State Student Aid Association Inc and what are their salaries?
The average compensation at Nc State Student Aid Association Inc during 2022 was $69,429. There are 26 employees and 52 volunteers at Nc State Student Aid Association Inc.
Here are 27 key members and their salaries:
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- Other: $16,804
Official website here: www.wolfpackclub.com
Where can I find the form 990 for Nc State Student Aid Association Inc?
Nc State Student Aid Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wolfpackclub.com
Learn more at the official website: www.wolfpackclub.com
Mission Statement of Nc State Student Aid Association Inc
The North Carolina State Student Aid Association, commonly known as the Wolfpack Club, is a dedicated organization with a mission to support NC State University's athletic scholarships and facilities through private financial contributions. This nonprofit entity operates with the utmost integrity and commitment to academic and athletic excellence, adhering to the guidelines set forth by the university, the Atlantic Coast Conference, and the National Collegiate Athletic Association.
The Wolfpack Club plays a vital role in enhancing the athletic programs at NC State University. It strives to provide essential financial resources, enabling the university to attract and retain talented student-athletes. Additionally, the organization offers communication and services to all friends of Wolfpack Athletics, fostering a strong sense of community and engagement. Through its unwavering commitment to excellence and adherence to established guidelines, the North Carolina State Student Aid Association contributes significantly to the success of NC State University's athletic programs.
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Impact
October, 2024
Nc State Student Aid Association Inc significantly enhances the athletic experience at North Carolina State University by providing essential financial support for athletic scholarships and facilities. Through its fundraising efforts, the organization enables deserving student-athletes to pursue their education while competing at a high level, ensuring that talent is nurtured and opportunities are accessible.
In addition to scholarships, the association’s focus on improving athletic facilities contributes to creating an environment where student-athletes can thrive both academically and athletically. This investment not only enriches the university community but also bolsters NC State's competitiveness in the Atlantic Coast Conference and nationally. Enhancing communication and services for its members fosters a strong sense of community among supporters of Wolfpack athletics, creating engagement that extends beyond financial contributions.
Overall, the Nc State Student Aid Association Inc plays a pivotal role in promoting academic and athletic excellence at NC State University, operating with integrity and adherence to established guidelines, and ultimately shaping the future of the institution's sports programs.
This information is meant to be a general summary of Nc State Student Aid Association 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: $226,614
- Program Service Revenue: $4,343,722
- Gross Receipts: $37,598,048
Assets and Liabilities:
- Total Assets: $117,853,351
- Total Liabilities: $33,462,641
- Net Assets: $84,390,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOWERS REVENUE
Revenue
$3,854,683
COURTSIDE CLUB REVENUES
Revenue
$413,120
SEATING RIGHT LICENSES
Revenue
$75,919
Organization Details
Founding Year
1955
Phone
(919) 865-1500Principal Officer
Kim Foresta
Main Address
4680 TRINITY ROAD, RALEIGH, NC, 27607
Website
www.wolfpackclub.comNTEE Category
Code: B820 - Education
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