Overview
What is Johnston Community College Foundation Inc?
Johnston Community College Foundation Inc, headquartered in Smithfield, North Carolina, is a nonprofit organization with a mission to foster educational opportunities. They achieve this by providing funds for special purposes, awards, scholarships, innovation grants, and direct institutional support for Johnston Community College and its students. By building partnerships and resources, they aim to enhance the educational landscape, ultimately benefiting both the college and its students. Their efforts encompass a wide range of initiatives, including special awards, scholarships, and grants, thereby contributing positively to the academic community.
Official website here: www.johnstoncc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Johnston Community College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The foundation scored highly, achieving a 96% in overall accountability, which indicates a commitment to transparency and effective financial management. The high percentage of independent board members further enhances the organization's governance standards.
In terms of financial oversight, the foundation demonstrated exemplary practices, with no material diversions of assets reported and a solid program expense ratio of 93.05%. This ratio suggests that the majority of the foundation's resources are directed towards its programs rather than administrative costs, showcasing its dedication to fulfilling its mission effectively.
While the organization has demonstrated robust financial health and governance, the data highlights the importance of ongoing transparency and efficiency in maintaining donor trust. Overall, the Johnston Community College Foundation Inc stands out as a strong candidate for support based on its current financial practices and accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Johnston Community College Foundation Inc legitimate?
Johnston Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johnston 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:
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For more financial information, click here
Official website here: www.johnstoncc.edu/foundation
What is the mission statement of Johnston Community College Foundation Inc?
The Johnston Community College Foundation's mission is centered around fostering partnerships and accumulating resources for the purpose of enhancing educational opportunities. In pursuit of this goal, the foundation provides funds for special purposes, awards, scholarships, innovation grants, and direct institutional support. This aid is intended to benefit Johnston Community College and its students, thereby contributing to their educational growth and success.
Official website here: www.johnstoncc.edu/foundation
Who is the CEO of Johnston Community College Foundation Inc?
Dr Twyla Wells is the Executive Di of Johnston Community College Foundation Inc.
Official website here: www.johnstoncc.edu/foundation
What is the revenue of Johnston Community College Foundation Inc?
Johnston Community College Foundation Inc's revenue in 2022 was $2,978,358.
Official website here: www.johnstoncc.edu/foundation
Who are the executives of Johnston Community College Foundation Inc and what are their salaries?
There 50 volunteers at Johnston Community College Foundation Inc.
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Official website here: www.johnstoncc.edu/foundation
Where can I find the form 990 for Johnston Community College Foundation Inc?
Johnston Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.johnstoncc.edu/foundation
Learn more at the official website: www.johnstoncc.edu/foundation
Mission Statement of Johnston Community College Foundation Inc
Johnston Community College Foundation Inc's mission revolves around forging partnerships and amassing resources to expand educational opportunities. This nonprofit organization's primary goal is to provide funds for various special purposes, awards, scholarships, innovation grants, and direct institutional support. These resources are intended to benefit Johnston Community College and its students. By offering such financial aid, the foundation aims to foster an environment that encourages innovation and supports the academic growth of its student body.
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Impact
July, 2024
Johnston Community College Foundation Inc's impact lies in its mission to build partnerships and resources for educational opportunities at Johnston Community College. By providing funds for special purposes, special awards, scholarships, innovation grants, and direct institutional support, the foundation directly benefits the college and its students in Smithfield, NC. Through its dedicated efforts, the foundation contributes significantly to fostering a thriving educational environment and supporting student success.
This information is meant to be a general summary of Johnston 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: $819,751
- Gross Receipts: $9,821,598
Assets and Liabilities:
- Total Assets: $13,045,075
- Total Liabilities: $510,054
- Net Assets: $12,535,021
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Organization Details
Founding Year
1982
Phone
(919) 209-2119Principal Officer
Dr Twyla Wells
Main Address
PO BOX 2350, SMITHFIELD, NC, 27577
NTEE Category
Code: B41 - Education
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