Overview
What is Daytona State College Foundation Inc?
Daytona State College Foundation Inc, situated in Daytona Beach, Florida, serves as a direct support organization for Daytona State College (DSC). Its primary role is to provide financial assistance and additional funding for critical needs that exceed the college's budget. This support extends to various programs, including Trio Student Support Services, the Auto Tech program, Campus Child Care, Athletics, and the Therapeutic Massage program. By doing so, the foundation aims to enhance the overall educational experience of students and ensure they have the necessary resources to succeed.
Official website here: www.daytonastate.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Daytona State College Foundation Inc has achieved an impressive Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. The organization’s score is based entirely on its outstanding performance in the Accountability & Finance category, which reflects its commitment to transparency and responsible management of funds.
One of the key strengths of the foundation is its governance structure, featuring a completely independent board of directors. This independence, coupled with a robust audit and oversight process, ensures that the foundation operates without conflicts of interest and adheres to best practices in financial reporting. Additionally, the foundation maintains a strong program expense ratio, with 92.42% of its budget directed towards program services, showcasing its dedication to effectively utilizing resources for its mission.
While the foundation's financial ratios, such as a low liabilities to assets ratio and a high working capital ratio, indicate a healthy fiscal position, it’s important for potential donors to note that the foundation currently reports no fundraising expenses. This could suggest either exceptional efficiency or a reliance on other means of income generation. Overall, Daytona State College Foundation Inc stands out as a well-managed nonprofit with a clear commitment to its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Daytona State College Foundation Inc legitimate?
Daytona State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daytona 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.daytonastate.edu/foundation
What is the mission statement of Daytona State College Foundation Inc?
The Daytona State College Foundation Inc serves as a direct support organization, with its primary mission to provide financial aid and additional funding for critical needs that exceed the college's budget. This non-profit organization aims to assist students beyond the financial support provided by Daytona State College (DSC). Through grants and various forms of assistance, the foundation supports various programs at DSC, such as Trio Student Support Services, the Auto Tech program, Campus Child Care, Athletics, and the Therapeutic Massage Program. The Foundation's goal is to help students overcome financial challenges and fully engage in their educational journey.
Official website here: www.daytonastate.edu/foundation
Who is the CEO of Daytona State College Foundation Inc?
Martin Cass is the Chair of Daytona State College Foundation Inc.
Official website here: www.daytonastate.edu/foundation
What is the revenue of Daytona State College Foundation Inc?
Daytona State College Foundation Inc's revenue in 2022 was $2,557,760.
Official website here: www.daytonastate.edu/foundation
Who are the executives of Daytona State College Foundation Inc and what are their salaries?
There 31 volunteers at Daytona State College Foundation Inc.
Here are 22 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $442,843
- Other: $60,295
- Compensation: $0
- Related: $148,188
- Other: $27,368
- Compensation: $0
- Related: $136,409
- Other: $49,693
- Compensation: $0
- Related: $87,555
- Other: $15,871
Official website here: www.daytonastate.edu/foundation
Where can I find the form 990 for Daytona State College Foundation Inc?
Daytona State College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.daytonastate.edu/foundation
Learn more at the official website: www.daytonastate.edu/foundation
Mission Statement of Daytona State College Foundation Inc
Daytona State College Foundation Inc, serving as a direct support organization for Daytona State College (DSC), is committed to providing financial aid and additional funding for critical needs that surpass the college's budget. Their primary purpose is to assist students by alleviating financial burdens that extend beyond DSC's financial capabilities.
In pursuit of this mission, Daytona State College Foundation Inc offers various forms of assistance, including grants and other forms of support. These resources are allocated to crucial programs that enhance the college's overall offerings. Examples include funding for Trio Student Support Services, the Auto Tech program, Campus Child Care, Athletics, and the Therapeutic Massage Program. By providing these essential resources, Daytona State College Foundation Inc plays a significant role in ensuring the success and well-being of students at Daytona State College.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Daytona State College Foundation Inc has a significant impact on the educational experience and opportunities available to students at Daytona State College (DSC). As a direct support organization of DSC, the foundation plays a crucial role in providing financial assistance to students, funding critical needs that go beyond the college's budget. Through grants and other forms of assistance, the foundation supports various programs at DSC, including the TRIO Student Support Services, Auto Tech Program, Campus Child Care, Athletics, and the Therapeutic Massage Program.
By offering financial support and resources, Daytona State College Foundation Inc ensures that students have access to essential services and programs that enhance their learning experience and contribute to their academic success. This contributes to the overall mission of DSC to provide quality education and support student success. With a focus on providing opportunities for students to thrive, the foundation's impact reverberates throughout the college community, empowering individuals to achieve their academic and career goals.
This information is meant to be a general summary of Daytona 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 2022.
- Investment Income: $585,561
- Program Service Revenue: $13,399
- Gross Receipts: $4,815,527
Assets and Liabilities:
- Total Assets: $33,211,067
- Total Liabilities: $105,097
- Net Assets: $33,105,970
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT & REIMBURSEMENT INCOME
Revenue
$13,399
Organization Details
Founding Year
1975
Phone
(386) 506-3118Principal Officer
Martin Cass
Main Address
1200 W INTERNATIONAL SPEEDWAY BLVD, DAYTONA BEACH, FL, 32114
NTEE Category
Code: B110 - Education
If you are a representative of Daytona State College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.