Overview
What is Wilson Community College Foundation Inc?
Wilson Community College Foundation Inc is a nonprofit organization situated in Wilson, North Carolina, specifically at 902 Herring Avenue PO Box 4305. Their primary mission is to support the overall well-being of Wilson Community College by providing scholarships, tuition assistance, and financial aid to students. Additionally, they promote program awareness and community engagement, as well as offer professional development opportunities for faculty and staff. The foundation's activities also include providing resources to foster community engagement and offering support to enhance the overall educational experience at Wilson Community College.
Official website here: www.wilsoncc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Wilson Community College Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. The overall score is 69%, reflecting both strengths and weaknesses in its governance and transparency practices.
One of the notable strengths of the foundation is its governance structure, with 100% of its board members being independent, which is a positive indicator of potential objectivity in decision-making. Additionally, the foundation demonstrates a strong program expense ratio of nearly 90%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Furthermore, the foundation has no reported material diversion of assets, indicating good financial integrity.
However, the organization has several significant limitations, particularly in its lack of essential policies such as conflict of interest, whistleblower, and document retention. These missing elements can affect transparency and accountability. Moreover, the absence of financial statements and the failure to post tax forms on its website further detract from its overall rating, highlighting areas where the foundation needs to improve to gain better trust and credibility with donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Wilson Community College Foundation Inc legitimate?
Wilson Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wilson 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: $0
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Official website here: www.wilsoncc.edu
What is the mission statement of Wilson Community College Foundation Inc?
Wilson Community College Foundation Inc's mission is centered around promoting the well-being of the college community. This is achieved through the distribution of scholarships and tuition assistance to students. The foundation also plays a role in promoting program awareness and fostering community engagement. Furthermore, it provides support to the college's faculty and staff, offering opportunities for professional development. By doing so, Wilson Community College Foundation Inc contributes to the overall success and growth of the college and its students.
Official website here: www.wilsoncc.edu
What is the revenue of Wilson Community College Foundation Inc?
Wilson Community College Foundation Inc's revenue in 2024 was $604,681.
Official website here: www.wilsoncc.edu
Who are the executives of Wilson Community College Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.wilsoncc.edu
Where can I find the form 990 for Wilson Community College Foundation Inc?
Wilson Community College Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wilsoncc.edu
Learn more at the official website: www.wilsoncc.edu
Mission Statement of Wilson Community College Foundation Inc
Wilson Community College Foundation Inc is an organization dedicated to enhancing the well-being of the college community. Its primary mission is to provide financial aid in the form of scholarships, grants, and awards to students attending Wilson Community College. This financial assistance is aimed at alleviating the financial burden of education, thereby enabling more students to pursue their academic goals.
In addition to supporting students, Wilson Community College Foundation Inc also focuses on the professional development of its faculty and staff. Through various grants and awards, the organization seeks to equip the college's educators with the necessary tools and resources to excel in their roles. This investment in faculty and staff development is intended to foster a high-quality learning environment for students.
In essence, Wilson Community College Foundation Inc serves as a vital partner in the college community, working to empower students and educators through financial assistance and professional development opportunities. By promoting scholarships and grants, the organization is able to increase access to higher education for deserving students, while its support of faculty and staff development helps to ensure that Wilson Community College remains a dynamic and innovative learning institution.
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Impact
July, 2024
The impact of Wilson Community College Foundation Inc is significant in promoting the general welfare of Wilson Community College through the awarding of scholarships and tuition assistance to students. Additionally, the foundation plays a key role in promoting program awareness and community engagement, as well as providing support to faculty and staff. By providing scholarships, grants, and awards for students, as well as facilitating professional development opportunities for faculty and staff, the foundation contributes to the overall growth and success of Wilson Community College in NC.
This information is meant to be a general summary of Wilson 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $401,698
- Program Service Revenue: $20,734
- Gross Receipts: $604,681
Assets and Liabilities:
- Total Assets: $6,550,650
- Total Liabilities: $19,795
- Net Assets: $6,530,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VARIOUS FUNDRAISERS
Revenue
$20,734
Organization Details
Founding Year
1981
Principal Officer
Joshua Harris
Website
www.wilsoncc.eduNTEE Category
Code: B82 - Education
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