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Edgecombe Community College Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561350722 ✦ Tarboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Edgecombe Community College Foundation Inc?

Edgecombe Community College Foundation Inc is a charitable organization situated beyond the scope of the provided information. However, based on the description provided, it appears to be a nonprofit entity primarily dedicated to supporting the mission of Edgecombe Community College. They accomplish this by providing scholarships to deserving students, granting mini funds to dedicated teachers, and offering overall financial assistance to the institution. This commitment to education and educational personnel enhances the college's capacity to serve its community effectively.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33% (Zero-Star out of Four Stars)

The Edgecombe Community College Foundation Inc has received a low rating of 33%, indicating concerns regarding its accountability and financial practices. This score is derived solely from its performance in the Accountability & Finance category, with significant issues leading to the low overall score. While the organization boasts a fully independent board, there are notable shortcomings in transparency and governance policies, such as missing conflict of interest and whistleblower policies.

In terms of strengths, the foundation has 100% independent board members and no evidence of material diversion of assets, which reflects a commitment to ethical governance. However, the organization fails to provide essential documents and policies, such as its website on the tax form and board meeting minutes, which detracts from its accountability and transparency.

Financially, the foundation's liabilities to assets ratio and program expense ratio indicate challenges in managing resources effectively, earning them zero points in these areas. The low program expense ratio of 37.44% suggests that a significant portion of its funds may not be allocated towards programmatic activities, raising further concerns about its operational efficiency and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Edgecombe Community College Foundation Inc legitimate?

Edgecombe Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgecombe 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: $125,704

For more financial information, click here

What is the mission statement of Edgecombe Community College Foundation Inc?

The Edgecombe Community College Foundation Inc's mission is centered around providing support to the mission of Edgecombe Community College. This support takes various forms, including donating scholarships to deserving students and offering mini grants for teachers. Furthermore, the foundation plays a crucial role in contributing to the college's objectives.

Who is the CEO of Edgecombe Community College Foundation Inc?

James C Marrow Jr is the Board Of Dir of Edgecombe Community College Foundation Inc.

What is the revenue of Edgecombe Community College Foundation Inc?

Edgecombe Community College Foundation Inc's revenue in 2023 was $487,058.

Who are the executives of Edgecombe Community College Foundation Inc and what are their salaries?


Here are 19 key members and their salaries:


Deanna Anderson (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Bailey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Brabble (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josie Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Davis (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hoke (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ladd Iii (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie M Jones (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Marrow Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gregory Mcleod (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Panneton (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Parker (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Clark Roberson (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Stocks (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Thorne (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Urquhart (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesa Walton (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Cobb Warren (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Webb (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edgecombe Community College Foundation Inc?

Edgecombe Community College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Edgecombe Community College Foundation Inc

Edgecombe Community College Foundation Inc is committed to supporting the mission of Edgecombe Community College by donating scholarships to deserving students and providing mini grants for teachers. This nonprofit organization plays a significant role in enhancing the educational opportunities available to students and recognizing their potential through financial assistance. Furthermore, the Foundation extends its support to the educational staff of Edgecombe Community College, offering mini grants that can help them enrich their teaching methods and resources, thereby improving the overall learning experience for students.

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Impact




July, 2024

Edgecombe Community College Foundation Inc makes a significant impact by providing scholarships to deserving students, offering mini grants to teachers, and supporting the overall mission of Edgecombe Community College. Through these efforts, the foundation enhances educational opportunities and helps individuals pursue their academic goals. Its contributions play a vital role in promoting access to education, fostering learning, and empowering both students and educators in the community.




This information is meant to be a general summary of Edgecombe 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.

Revenue
$487,058 (2023)
Expenses
$331,498 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $140,234
  • Gross Receipts: $487,058

Assets and Liabilities:

  • Total Assets: $3,349,803
  • Total Liabilities: $89,000
  • Net Assets: $3,260,803

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Organization Details

Founding Year

1982

Principal Officer

James C Marrow Jr

Main Address

2009 W WILSON ST, TARBORO, NC, 27886

NTEE Category

Code: B41I - Education

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