Overview
What is Asheville-Buncombe Technical Community College Foundation?
Asheville-Buncombe Technical Community College Foundation is a charitable organization that supports its affiliated institution, Asheville-Buncombe Technical Community College, in various capacities. Located at 340 Victoria Road, Asheville, NC 28801, the foundation contributes financially to capital projects, provides departmental aid, and backs other initiatives on campus. Its primary goal is to uphold the college's programs and activities, ensuring that high-quality educational opportunities are readily accessible to its students, faculty, and staff. The foundation's mission is deeply rooted in fostering an enriching learning environment at Asheville-Buncombe Technical Community College.
Official website here: www.abtech.edu/about/college-advancement
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Asheville-Buncombe Technical Community College Foundation has achieved a strong rating of 92%, reflecting its commitment to accountability and financial management. The score is solely based on the Accountability & Finance metric, indicating a strong performance in managing resources effectively. A significant highlight is the foundation's full compliance with having an independent board, which enhances governance and transparency.
The foundation's financial health is evident through its low liabilities to assets ratio of 0.12%, allowing it to maintain and invest in its programs effectively. Additionally, a high program expense ratio of 89.64% demonstrates that a substantial portion of its funds are directed towards its mission-related activities. This commitment to program integrity is a positive indicator for potential donors and stakeholders.
However, there are areas for improvement, particularly regarding the absence of a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance the organization’s governance framework further, ensuring comprehensive accountability and transparency to all stakeholders involved.
This AI summary has been generated from information found on Charity Navigator.
Is Asheville-Buncombe Technical Community College Foundation legitimate?
Asheville-Buncombe Technical Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asheville-Buncombe Technical 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,747
For more financial information, click here
Official website here: www.abtech.edu/about/college-advancement
What is the mission statement of Asheville-Buncombe Technical Community College Foundation?
The Asheville-Buncombe Technical Community College Foundation's mission is centered around supporting the institution in all its programs and activities. This mission aims to ensure that high-quality educational opportunities are accessible to the college's students, faculty, and staff. The foundation serves as a crucial supporter, providing funding for capital projects, departmental needs, and various other initiatives to bolster the campus's operations.
Official website here: www.abtech.edu/about/college-advancement
Who is the CEO of Asheville-Buncombe Technical Community College Foundation?
Amanda Edwards is the Executive Di of Asheville-Buncombe Technical Community College Foundation.
Official website here: www.abtech.edu/about/college-advancement
What is the revenue of Asheville-Buncombe Technical Community College Foundation?
Asheville-Buncombe Technical Community College Foundation's revenue in 2022 was $1,977,639.
Official website here: www.abtech.edu/about/college-advancement
Who are the executives of Asheville-Buncombe Technical Community College Foundation and what are their salaries?
There 24 volunteers at Asheville-Buncombe Technical Community College Foundation.
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Official website here: www.abtech.edu/about/college-advancement
Where can I find the form 990 for Asheville-Buncombe Technical Community College Foundation?
Asheville-Buncombe Technical Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abtech.edu/about/college-advancement
Learn more at the official website: www.abtech.edu/about/college-advancement
Mission Statement of Asheville-Buncombe Technical Community College Foundation
The Asheville-Buncombe Technical Community College Foundation is dedicated to supporting Asheville-Buncombe Technical Community College in its various programs and activities. This nonprofit organization's mission is to ensure that quality educational opportunities are accessible to the college's students, faculty, and staff. By providing funding for capital projects, departmental support, and other initiatives, the foundation plays a crucial role in enhancing the educational experience at the college. The ultimate goal is to foster a supportive environment where students can thrive and achieve their academic ambitions.
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Impact
July, 2024
Asheville-Buncombe Technical Community College Foundation's impact lies in providing vital support to Asheville-Buncombe Technical Community College, ensuring that quality educational opportunities are readily available to students, faculty, and staff. The foundation plays a crucial role in funding capital projects, offering departmental support, and initiating various projects that enhance the overall educational experience on campus. Through its efforts, the foundation contributes significantly to the growth and success of the college community in Asheville, NC.
This information is meant to be a general summary of Asheville-Buncombe Technical 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 2022.
- Investment Income: $385,606
- Gross Receipts: $2,000,720
Assets and Liabilities:
- Total Assets: $15,076,753
- Total Liabilities: $29,171
- Net Assets: $15,047,582
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Organization Details
Founding Year
1996
Phone
(828) 398-7176Principal Officer
Amanda Edwards
Main Address
340 VICTORIA ROAD, ASHEVILLE, NC, 28801
NTEE Category
Code: B82 - Education
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