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The Foundation For Florida Gateway College Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591627997 ✦ Lake city, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Florida Gateway College Inc?

The Foundation For Florida Gateway College Inc, located at 149 SE College Pl, Lake City, FL, is a nonprofit organization with a single employee. The primary focus of this organization is to provide financial aid and scholarships to support students in various academic programs at Florida Gateway College. Their mission is centered around offering academic scholarships and financial assistance to the college, aiming to help students pursue their education effectively. The Foundation's activities are geared towards providing financial support for students, contributing to their educational journey and overall success.


Official website here: www.fgc.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Foundation For Florida Gateway College Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored a perfect 100% in several key areas, including having an entirely independent board and robust financial oversight, which signifies a high level of transparency and governance.

Strengths of the foundation include a high program expense ratio of 91.33%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the presence of comprehensive governance policies such as conflict of interest and whistleblower protections adds to its credibility and operational integrity.

While the foundation's financials appear solid, the data does not mention any specific programs or impact metrics, which could provide further insight into the outcomes of its initiatives. Overall, the metrics suggest a well-managed nonprofit with a strong focus on accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Foundation For Florida Gateway College Inc?

84% of 217 reviewers on Facebook recommend The Foundation For Florida Gateway College Inc. Here is a summary of their reviews:

Many individuals express a heartfelt appreciation for the support they’ve received, particularly in navigating financial aid challenges. A notable mention is of Mrs. Becky Westberry in the financial aid office, who helped a student overcome personal hurdles and provided reassurance during a difficult time. This suggests that the nonprofit plays a significant role in empowering students to pursue their education despite difficult circumstances.

Overall, the sentiment indicates a strong level of satisfaction with the services offered, emphasizing the organization’s commitment to student well-being and success. Many reviewers feel valued and supported, highlighting the nonprofit's dedication to helping individuals achieve their educational goals.


This AI summary has been generated from reviews found on Facebook.

Is The Foundation For Florida Gateway College Inc legitimate?

The Foundation For Florida Gateway College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Florida Gateway College 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: $5,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fgc.edu

What is the mission statement of The Foundation For Florida Gateway College Inc?

The Foundation for Florida Gateway College Inc is committed to providing academic scholarships and financial support to the college. This mission is carried out by offering funds for scholarships to aid students in various programs. The foundation's primary goal is to support the educational pursuits of these students, thereby enhancing their opportunities for success. By providing financial aid, the foundation enables students to focus on their studies without the burden of financial constraints. This commitment to education and financial support is instrumental in fostering a diverse and intellectually enriched student body.


Official website here: www.fgc.edu

Who is the CEO of The Foundation For Florida Gateway College Inc?

Lee Pinchouck is the Executive Director of The Foundation For Florida Gateway College Inc.


Official website here: www.fgc.edu

What is the revenue of The Foundation For Florida Gateway College Inc?

The Foundation For Florida Gateway College Inc's revenue in 2023 was $1,283,966.


Official website here: www.fgc.edu

Who are the executives of The Foundation For Florida Gateway College Inc and what are their salaries?

The average compensation at The Foundation For Florida Gateway College Inc during 2023 was $5,991. There is 1 employee and 43 volunteers at The Foundation For Florida Gateway College Inc.


Here are 14 key members and their salaries:


Gerald Dopson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Van Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zack Paulk (Vice Chair/Secretary, Until 1/19/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genie Norman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deonna Willis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Walker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Rains (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Mcinnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avery Roberts (Vice Chair/Secretary, As Of 3/7/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Pinchouck (Executive Director)
  • Compensation: $5,414
  • Related: $104,889
  • Other: $41,418


Official website here: www.fgc.edu

Where can I find the form 990 for The Foundation For Florida Gateway College Inc?

The Foundation For Florida Gateway College Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fgc.edu

Learn more at the official website: www.fgc.edu

Mission Statement of The Foundation For Florida Gateway College Inc

The Foundation for Florida Gateway College plays a crucial role in providing academic scholarships and financial support to the college. Their mission is centered around aiding students enrolled in various programs by offering financial aid, thereby fostering their educational growth. By offering scholarships, this foundation contributes significantly to the pursuit of higher education for numerous students, thereby facilitating their academic journey.

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Impact




July, 2024

The Foundation For Florida Gateway College Inc significantly impacts the educational landscape by providing academic scholarships and financial support to the college. Through funding scholarships, the Foundation supports students in a variety of programs, enabling them to access higher education and achieve their academic goals. Located in Lake City, Florida, the Foundation's mission is focused on providing crucial support to students, contributing to the advancement of education in the region. Its dedication to education is evident in its role as a key player in fostering learning opportunities and creating a positive impact on the community.




This information is meant to be a general summary of The Foundation For Florida Gateway College 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.

Revenue
$1,283,966 (2023)
Expenses
$1,304,284 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $347,830
  • Program Service Revenue: $5,105
  • Gross Receipts: $4,309,251

Assets and Liabilities:

  • Total Assets: $24,504,179
  • Total Liabilities: $451,802
  • Net Assets: $24,052,377

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$4,861

PROGRAM RENT INCOME

Revenue

$244

Organization Details

Founding Year

1969

Principal Officer

Lee Pinchouck

Main Address

149 SE COLLEGE PL, LAKE CITY, FL, 320252006

NTEE Category

Code: B41I - Education

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