Overview
What is Ogeechee Technical College Foundation Inc?
Ogeechee Technical College Foundation Inc is a dedicated nonprofit organization situated in Statesboro, Georgia. Their primary mission is to foster student development and enhancement at Ogeechee Technical College. This includes providing scholarships, emergency assistance, and awards for student competitions. They achieve this by securing and administering monetary donations, grants, and other funds from their constituents within their service delivery area. These funds support the college's quest to contribute to economic, educational, and community development by offering quality technical education, adult education, continuing education, and customized workforce training to the communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Ogeechee Technical College Foundation Inc has achieved a commendable rating of 96% from Charity Navigator, reflecting strong accountability and financial health. With a solid Impact & Measurement Score of 100, the organization demonstrates a clear capacity to evaluate and report on their outcomes effectively. The program expense ratio of 67.41% indicates a significant portion of their budget is directed toward their mission-related activities, which enhances their overall impact.
The foundation exhibits robust governance practices, evidenced by 100% independent board members and comprehensive policies, including conflict of interest and whistleblower protections. Their financial statements receive top marks, suggesting transparency and adherence to best practices in financial reporting. The low liabilities to assets ratio of 0.11% further illustrates their financial stability.
While the organization is performing well, users should remain aware of the typical limitations of smaller foundations, such as potential fluctuations in funding and resources. However, the positive impact reported—$1,146 increases income for a scholarship recipient by $2,475—highlights the effective use of their funds in supporting students in need. Overall, the Ogeechee Technical College Foundation Inc stands out for its operational excellence and commitment to making a measurable difference in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Ogeechee Technical College Foundation Inc legitimate?
Ogeechee Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ogeechee Technical 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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What is the mission statement of Ogeechee Technical College Foundation Inc?
The mission of Ogeechee Technical College Foundation Inc. is centered around securing and managing financial contributions, grants, and funds from its constituents within the service delivery area. The primary goal is to support Ogeechee Technical College in its endeavor to contribute to economic, educational, and community development. This is achieved by providing high-quality technical education, adult education, continuing education, and customized business and industry workforce training to the community's citizens. The foundation aims to empower these communities by offering essential educational services and training, thereby fostering personal and collective growth.
Who is the CEO of Ogeechee Technical College Foundation Inc?
Michelle Davis is the Board Member of Ogeechee Technical College Foundation Inc.
What is the revenue of Ogeechee Technical College Foundation Inc?
Ogeechee Technical College Foundation Inc's revenue in 2022 was $679,948.
Who are the executives of Ogeechee Technical College Foundation Inc and what are their salaries?
There 250 volunteers at Ogeechee Technical College Foundation Inc.
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Where can I find the form 990 for Ogeechee Technical College Foundation Inc?
Ogeechee Technical College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ogeechee Technical College Foundation Inc
Ogeechee Technical College Foundation Inc is dedicated to securing and managing financial contributions, grants, and other funds from its local community. This nonprofit organization's mission is to support Ogeechee Technical College in its endeavor to contribute to economic, educational, and community development. It achieves this by providing high-quality technical education, adult education, continuing education, and customized business and industry workforce training to the community's residents. The foundation's goal is to empower the citizens it serves, enhancing their opportunities and fostering the growth of their communities.
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Impact
July, 2024
Ogeechee Technical College Foundation Inc's impact lies in its crucial support for Ogeechee Technical College's mission to provide quality technical education and services to the citizens of the communities it serves. By securing and administering monetary donations, grants, and other funds, the foundation plays a pivotal role in advancing economic, educational, and community development initiatives. Additionally, the foundation's focus on student development and enhancement, including scholarships, emergency assistance, and awards for student competitions, ensures that students have the necessary resources to succeed in their educational endeavors. Their efforts contribute significantly to the growth and success of both the college and the surrounding communities in Statesboro, GA, thereby making a tangible difference in the field of education.
This information is meant to be a general summary of Ogeechee Technical 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: $44,885
- Gross Receipts: $1,138,923
Assets and Liabilities:
- Total Assets: $3,652,015
- Total Liabilities: $6,336
- Net Assets: $3,645,679
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Organization Details
Founding Year
1989
Phone
(912) 681-2758Principal Officer
Michelle Davis
Main Address
PO BOX 764, STATESBORO, GA, 30459
NTEE Category
Code: B42 - Education
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