Overview
What is Cleveland Community College Foundation?
The Cleveland Community College Foundation, situated in Shelby, North Carolina, functions as a facilitator for public donations and fundraising initiatives. Its primary mission is to support and enhance the educational programs at Cleveland Community College. By acting as a conduit, the foundation plays a crucial role in securing resources that contribute to the college's growth and development. The foundation's activities are geared towards benefiting the institution, ultimately improving the educational experience and opportunities for its students.
Official website here: www.clevelandcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Cleveland Community College Foundation has earned an 88% rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is derived entirely from a single beacon score, which focuses on various financial metrics and governance practices. Notably, the foundation has received high marks for its independent board composition and financial oversight, demonstrating a commitment to transparency and responsible management.
Strengths of the organization include a fully independent board and a strong program expense ratio of 85.99%, suggesting that a significant portion of its resources is directed towards its mission-related activities. The foundation has also passed various governance checks, such as having no material diversion of assets and maintaining proper documentation of board meeting minutes. This indicates a well-structured organization that follows best practices in nonprofit governance.
However, the evaluation did identify a couple of shortcomings, particularly in the areas of policies related to whistleblower protection and document retention and destruction. These policies are crucial for organizational integrity and accountability, and their absence could be seen as a potential risk. Overall, while the Cleveland Community College Foundation performs well in many areas, addressing these policy gaps would enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Community College Foundation legitimate?
Cleveland Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Community College Foundation 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.clevelandcc.edu/foundation
What is the mission statement of Cleveland Community College Foundation?
The Cleveland Community College Foundation serves as a platform for collecting public donations and organizing various fundraising initiatives. Its primary objective is to support and enhance the educational programs offered at Cleveland Community College. By acting as a conduit for these contributions, the foundation aims to contribute positively to the educational experiences and opportunities available to the college's students. The foundation's activities contribute to the overall growth and development of the institution, ultimately benefiting the wider community.
Official website here: www.clevelandcc.edu/foundation
Who is the CEO of Cleveland Community College Foundation?
Mary Carlson is the Chairman of Cleveland Community College Foundation.
Official website here: www.clevelandcc.edu/foundation
What is the revenue of Cleveland Community College Foundation?
Cleveland Community College Foundation's revenue in 2023 was $1,002,655.
Official website here: www.clevelandcc.edu/foundation
Who are the executives of Cleveland Community College Foundation and what are their salaries?
There 15 volunteers at Cleveland Community College Foundation.
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Official website here: www.clevelandcc.edu/foundation
Where can I find the form 990 for Cleveland Community College Foundation?
Cleveland Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.clevelandcc.edu/foundation
Learn more at the official website: www.clevelandcc.edu/foundation
Mission Statement of Cleveland Community College Foundation
The Cleveland Community College Foundation is dedicated to facilitating public donations and other fundraising initiatives that ultimately enhance the offerings at Cleveland Community College. In essence, this nonprofit organization acts as a bridge, connecting external contributions to the improvement of various programs within the college. By doing so, it plays a significant role in bolstering the educational opportunities and resources available to students and the wider community.
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Impact
July, 2024
The Cleveland Community College Foundation's impact is significant as it serves as a conduit for public contributions and other fundraising activities that benefit programs at Cleveland Community College. By providing financial support and resources, the foundation plays a crucial role in enhancing educational opportunities and improving the overall quality of programs offered at the college. Through its efforts, the foundation helps to ensure that students have access to a high-quality education and are better equipped to succeed in their academic and professional pursuits.
This information is meant to be a general summary of Cleveland Community College Foundation. 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: $66,463
- Gross Receipts: $1,006,948
Assets and Liabilities:
- Total Assets: $3,703,304
- Total Liabilities: $1,266,818
- Net Assets: $2,436,486
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Organization Details
Founding Year
1983
Phone
(704) 669-4145Principal Officer
Mary Carlson
Main Address
137 South Post Road, Shelby, NC, 28152
NTEE Category
Code: B41I - Education
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