Overview
What is Nash Community College Foundation Inc?
Nash Community College Foundation Inc, established in 1983, is a nonprofit organization based in Rocky Mount, North Carolina. Their primary mission is to boost community awareness and raise funds for Nash Community College, specifically for student scholarships and addressing the institution's various needs. Their work encompasses enhancing the educational opportunities for students by providing financial support and addressing the college's necessities.
Official website here: www.nashcc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Nash Community College Foundation Inc has achieved a strong rating of 92%, reflecting a commitment to high standards of accountability and finance. The foundation's Four-Star rating signifies exceptional performance in managing its resources effectively, with 100% of its score derived from the Accountability & Finance metrics. The organization boasts a fully independent board and robust financial oversight, contributing to its impressive fiscal health.
The foundation demonstrates strong financial practices, evidenced by a program expense ratio of 84.13%, indicating that the majority of funds are directed towards its mission-related activities. Additionally, its fundraising efficiency is commendable, with only $0.01 spent to raise a dollar. This efficiency is complemented by a low liabilities to assets ratio of 0.08%, showcasing minimal financial risk.
However, there are areas noted for improvement, particularly regarding the absence of a whistleblower policy and a document retention and destruction policy, both of which received a score of zero. Addressing these gaps could further enhance the foundation's governance practices and transparency. Overall, Nash Community College Foundation Inc is positioned as a financially responsible organization dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Nash Community College Foundation Inc legitimate?
Nash Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nash 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.
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For more financial information, click here
Official website here: www.nashcc.edu
What is the mission statement of Nash Community College Foundation Inc?
The Nash Community College Foundation, Inc., established in 1983, primarily serves to enhance community awareness, raise funds for scholarships, and cater to the needs of Nash Community College. Its mission is multifaceted, aiming to increase financial support for students, contribute to college activities, and address various requirements of Nash Community College.
Official website here: www.nashcc.edu
Who is the CEO of Nash Community College Foundation Inc?
R Lee Currin is the President of Nash Community College Foundation Inc.
Official website here: www.nashcc.edu
What is the revenue of Nash Community College Foundation Inc?
Nash Community College Foundation Inc's revenue in 2022 was -$601,038.
Official website here: www.nashcc.edu
Who are the executives of Nash Community College Foundation Inc and what are their salaries?
Here are 27 key members and their salaries:
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Official website here: www.nashcc.edu
Where can I find the form 990 for Nash Community College Foundation Inc?
Nash Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nashcc.edu
Learn more at the official website: www.nashcc.edu
Mission Statement of Nash Community College Foundation Inc
Nash Community College Foundation Inc, established in 1983, is committed to increasing community awareness, raising funds for student scholarships, and addressing the needs of Nash Community College. The organization's mission is multifaceted, with a primary focus on providing financial aid to students through scholarships. Additionally, Nash Community College Foundation Inc extends its support to various activities and other requirements of the college. By doing so, the foundation aims to contribute positively to the educational environment and the overall development of its students.
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Impact
October, 2024
Nash Community College Foundation Inc significantly enhances educational opportunities in the region by increasing community awareness and raising vital funds for student scholarships and essential needs of Nash Community College. Established in 1983, the foundation plays a crucial role in supporting students as they pursue their academic goals, thereby fostering a more educated and skilled workforce in Rocky Mount, NC, and surrounding areas.
Through its scholarship programs, the foundation alleviates financial barriers that many students face, enabling them to access higher education and improve their career prospects. The contributions provided not only support individual students but also contribute to the overall growth and development of Nash Community College, ensuring it can continue to meet the evolving educational needs of the community.
By prioritizing both philanthropy and community engagement, the foundation cultivates a strong network of support that benefits students, faculty, and the greater Rocky Mount area. The impact of its initiatives reaches beyond the classroom, empowering individuals and strengthening the community's economic and social fabric.
This information is meant to be a general summary of Nash 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 2022.
- Investment Income: -$1,134,295
- Gross Receipts: $4,530,061
Assets and Liabilities:
- Total Assets: $8,100,200
- Total Liabilities: $9,434
- Net Assets: $8,090,766
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Organization Details
Founding Year
1983
Phone
(252) 443-4011Principal Officer
R Lee Currin
Main Address
PO BOX 7488, ROCKY MOUNT, NC, 27804
Website
www.nashcc.eduNTEE Category
Code: T31 - Philanthropy
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