Overview
What is Carolina Christian College Inc?
Carolina Christian College Inc, located in Winston-Salem, North Carolina, is a nonprofit organization dedicated to providing biblically-based academic programs. Their mission is to prepare men and women for ministry and community service, with a specific focus on the African-American community. They primarily invest in the education of approximately 40 to 60 biblical college students, covering the expenses associated with their scriptural studies. With a modest workforce of 11 individuals, Carolina Christian College Inc strives to contribute positively to its community through faith-based education.
Official website here: www.carolina.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.
Carolina Christian College Inc has received a low overall score primarily due to its Accountability & Finance metrics, which are the sole criteria evaluated for the rating. Although the organization achieved perfect scores in areas such as having a majority of independent board members and a strong audit and oversight committee, significant shortcomings were noted in other important aspects of financial management, including program expense ratios and liabilities to assets.
While the college demonstrates a commitment to good governance through independent board members and policies regarding conflict of interest, it lacks crucial elements like a whistleblower policy and proper document retention practices. These missing policies, combined with a concerning financial ratio of liabilities to assets and low program expense ratio, suggest potential risks that could affect the organization's long-term sustainability and effectiveness. Thus, while the organization has strengths in governance, its financial health raises red flags for potential donors or stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Carolina Christian College Inc legitimate?
Carolina Christian College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Christian College 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: $358,450
For more financial information, click here
Official website here: www.carolina.edu
What is the mission statement of Carolina Christian College Inc?
Carolina Christian College Inc's mission is centered around providing biblically-based academic programs. This mission primarily focuses on preparing both men and women for ministry and community service, with a specific focus on the African-American community. The college's activities are geared towards equipping its students with the necessary skills for these roles. Notably, a significant portion of the college's resources is allocated towards scriptural studies instruction for approximately 40 to 60 biblical college students.
Official website here: www.carolina.edu
Who is the CEO of Carolina Christian College Inc?
Dr Latanya Tyson is the Director of Carolina Christian College Inc.
Official website here: www.carolina.edu
What is the revenue of Carolina Christian College Inc?
Carolina Christian College Inc's revenue in 2022 was $1,472,178.
Official website here: www.carolina.edu
Who are the executives of Carolina Christian College Inc and what are their salaries?
The average compensation at Carolina Christian College Inc during 2022 was $32,586. There are 11 employees at Carolina Christian College Inc.
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Official website here: www.carolina.edu
Where can I find the form 990 for Carolina Christian College Inc?
Carolina Christian College Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carolina.edu
Learn more at the official website: www.carolina.edu
Mission Statement of Carolina Christian College Inc
Carolina Christian College Inc is dedicated to providing biblically-based academic programs that ready men and women for ministry and community service, with a specific focus on the African-American community. This mission is carried out by offering educational programs that prepare individuals for roles in ministry and community service. The college's primary focus is on the African-American community, ensuring that its programs cater to this demographic's unique needs and perspectives. The college invests in scriptural studies instruction for approximately 40 to 60 biblical college students, which is a testament to its commitment to nurturing future leaders within the community.
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Impact
July, 2024
Carolina Christian College Inc's impact lies in its provision of biblically-based academic programs aimed at preparing individuals for ministry and community service, with a particular focus on the African-American community. The college incurs expenses to offer scriptural studies instruction to around 40 to 60 biblical college students. Through its educational initiatives, Carolina Christian College Inc plays a crucial role in equipping men and women with the knowledge and skills necessary to serve their communities and fulfill their roles within the African-American community.
This information is meant to be a general summary of Carolina Christian College 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: $977
- Program Service Revenue: $642,802
- Gross Receipts: $1,472,178
Assets and Liabilities:
- Total Assets: $1,317,636
- Total Liabilities: $472,337
- Net Assets: $845,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$642,802
Organization Details
Founding Year
1950
Phone
(336) 744-0900Principal Officer
Dr Latanya Tyson
Main Address
PO BOX 777, WINSTONSALEM, NC, 27102
Website
www.carolina.eduNTEE Category
Code: B42 - Education
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