Overview
What is South Georgia State College Foundation Inc?
South Georgia State College Foundation Inc is a dedicated nonprofit organization, headquartered at 100 West College Park Dr, Douglas, GA. Their primary purpose is to enrich the educational experiences of a diverse student body. They achieve this by generating, managing, and distributing funds for scholarships, academic initiatives, technology, faculty development, athletic programs, and capital projects at the college. The Foundation acts as an advocate for students, striving to improve the quality of education offered at South Georgia State College.
Official website here: www.sgsc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The South Georgia State College Foundation Inc has been rated at 84%, which translates to a Three-Star rating on Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a comprehensive assessment based primarily on its financial practices. The foundation demonstrates strong governance with a fully independent board and effective financial oversight processes, ensuring transparency and responsible management of resources.
The organization excels in several key metrics, such as achieving a 92.05% program expense ratio, indicating that a significant portion of its funds is directed towards its mission-focused programs rather than administrative costs. Additionally, it has been rated 100% for having a majority of independent board members and has received full points for its audit and oversight committee. These strengths contribute to the foundation's overall accountability and public trust.
However, there are areas for improvement, as the foundation lacks documented policies on conflicts of interest and whistleblower protections. While these omissions do not severely impact its current rating, addressing them could enhance its governance framework and overall credibility. Despite these limitations, the foundation is generally viewed as a reliable steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is South Georgia State College Foundation Inc legitimate?
South Georgia State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Georgia State 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:
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Professional Fundraising Fees: $1,787
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For more financial information, click here
Official website here: www.sgsc.edu
What is the mission statement of South Georgia State College Foundation Inc?
The South Georgia State College Foundation Inc's mission is centered around improving and enriching the lives of a diverse student population. By undertaking various activities, the foundation aims to provide educational opportunities, offer financial assistance, and advocate for students. Through the processing and allocation of gifts, the foundation supports initiatives that elevate the quality of programs, including scholarships, academic advancements, technological upgrades, faculty development, athletic programs, and capital projects at South Georgia State College.
Official website here: www.sgsc.edu
Who is the CEO of South Georgia State College Foundation Inc?
Thomas H Smith is the Trustee of South Georgia State College Foundation Inc.
Official website here: www.sgsc.edu
What is the revenue of South Georgia State College Foundation Inc?
South Georgia State College Foundation Inc's revenue in 2023 was $527,560.
Official website here: www.sgsc.edu
Who are the executives of South Georgia State College Foundation Inc and what are their salaries?
Here are 25 key members and their salaries:
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Official website here: www.sgsc.edu
Where can I find the form 990 for South Georgia State College Foundation Inc?
South Georgia State College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sgsc.edu
Learn more at the official website: www.sgsc.edu
Mission Statement of South Georgia State College Foundation Inc
South Georgia State College Foundation, Inc., strives to impact and uplift the lives of its diverse student body. This nonprofit organization's mission is centered around providing educational opportunities, offering financial support, and advocating for students. By managing and distributing donations, the Foundation helps bolster the quality of programs at the institution. This is achieved by funding various initiatives such as scholarships, innovative academic programs, technological advancements, faculty and staff development, athletics, and capital projects at South Georgia State College. By doing so, the Foundation plays a pivotal role in empowering and transforming the lives of its students, contributing to their overall success and growth.
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Impact
July, 2024
South Georgia State College Foundation Inc plays a vital role in transforming and enhancing the lives of a diverse student population by providing educational opportunities, financial support, and advocacy. Through the generation, processing, and allocation of gifts, the foundation supports initiatives such as scholarships, academic programs, technology, faculty/staff development, athletic programs, and capital projects at SGSC. Its impact is felt through the tangible improvements in the quality of education and support services offered to students, ultimately contributing to the overall success and well-being of the student community.
This information is meant to be a general summary of South Georgia State 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $135,988
- Gross Receipts: $527,560
Assets and Liabilities:
- Total Assets: $6,619,360
- Total Liabilities: $171,369
- Net Assets: $6,447,991
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Organization Details
Founding Year
1971
Principal Officer
Thomas H Smith
Main Address
100 West College Park Dr, Douglas, GA, 315335099
Website
www.sgsc.eduNTEE Category
Code: B42I - Education
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