Overview
What is Gulf Coast State College Foundation Inc?
Gulf Coast State College Foundation Inc, headquartered in Panama City, Florida, is a nonprofit organization dedicated to supporting the culinary program at the college. Their primary mission is to establish a scholarship program, providing educational opportunities to deserving students enrolled in the culinary program. Moreover, the foundation aims to enhance the overall educational programs and student services available at Gulf Coast State College. With a team of five dedicated individuals, they strive to assist the culinary program by offering program support. Their activities contribute to the development and advancement of the culinary field and the students pursuing their careers in this field.
Official website here: www.foundation.gulfcoast.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Gulf Coast State College Foundation Inc has achieved a perfect score of 100%, reflecting its strong accountability and financial practices. This top rating is derived solely from the organization's performance in accountability and finance, showcasing its commitment to transparency and responsible management of resources. The foundation boasts a fully independent board and has implemented various policies to ensure ethical governance.
Strengths identified in the evaluation include a strong program expense ratio of 73.73%, indicating that a significant portion of its expenses is directed towards its mission-related programs. Additionally, the foundation has a low liabilities to assets ratio of 0.39%, demonstrating financial stability and effective management of resources. Its fundraising efficiency is commendable at just $0.13 per dollar raised, which signifies a well-managed approach to fundraising efforts.
No significant limitations or issues were noted in the evaluation, underscoring the foundation's solid operational practices. Overall, the Gulf Coast State College Foundation Inc stands out as a highly accountable and financially sound nonprofit organization, making it a reliable choice for donors looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Gulf Coast State College Foundation Inc legitimate?
Gulf Coast State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Coast 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: $218,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,181
For more financial information, click here
Official website here: www.foundation.gulfcoast.edu
What is the mission statement of Gulf Coast State College Foundation Inc?
The Gulf Coast State College Foundation Inc's mission is centered around establishing a scholarship program to provide educational opportunities for deserving students and enhance the educational programs and student services available at Gulf Coast State College. This mission is carried out by creating scholarships for students in specific programs, such as the culinary program, and offering support to strengthen these educational programs. The ultimate goal is to empower students and improve the overall educational experience at the college.
Official website here: www.foundation.gulfcoast.edu
Who is the CEO of Gulf Coast State College Foundation Inc?
Dr Sean Preston is the Executive Di of Gulf Coast State College Foundation Inc.
Official website here: www.foundation.gulfcoast.edu
What is the revenue of Gulf Coast State College Foundation Inc?
Gulf Coast State College Foundation Inc's revenue in 2023 was $2,289,447.
Official website here: www.foundation.gulfcoast.edu
Who are the executives of Gulf Coast State College Foundation Inc and what are their salaries?
The average compensation at Gulf Coast State College Foundation Inc during 2023 was $98,444. There are 5 employees and 24 volunteers at Gulf Coast State College Foundation Inc.
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Official website here: www.foundation.gulfcoast.edu
Where can I find the form 990 for Gulf Coast State College Foundation Inc?
Gulf Coast State College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foundation.gulfcoast.edu
Learn more at the official website: www.foundation.gulfcoast.edu
Mission Statement of Gulf Coast State College Foundation Inc
Gulf Coast State College Foundation Inc is dedicated to creating a scholarship program and enhancing the educational opportunities and student services available at Gulf Coast State College. Their primary mission is to provide educational support to deserving students, thereby expanding their access to quality education. In addition to this, the foundation aims to strengthen the educational programs at the college, ensuring that students receive a well-rounded educational experience.
One of the specific areas where Gulf Coast State College Foundation Inc focuses its efforts is in the Culinary Program. The foundation provides scholarships for students enrolled in this program, aiming to support their educational journey and help them excel in their chosen field. Furthermore, the foundation offers program support to assist the Culinary Program, ensuring that it remains robust and equips students with the necessary skills for success in the culinary industry. By investing in the Culinary Program, Gulf Coast State College Foundation Inc is not only enhancing the educational opportunities available to students but also contributing to the broader community by nurturing future culinary professionals.
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Impact
July, 2024
Gulf Coast State College Foundation Inc's impact is significant in supporting educational opportunities for deserving students at Gulf Coast State College. By creating a scholarship program, the foundation enables students to pursue their academic goals without financial obstacles. Additionally, the foundation enhances educational programs and student services at the college, ultimately contributing to a more robust and supportive learning environment. Specifically, the foundation's focus on funding scholarships for the culinary program students and providing program support helps to nurture talent and empower individuals in the culinary field. Through its dedicated efforts, Gulf Coast State College Foundation Inc plays a crucial role in fostering student success and academic excellence at the college.
This information is meant to be a general summary of Gulf Coast 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 2023.
- Investment Income: $878,385
- Gross Receipts: $2,461,995
Assets and Liabilities:
- Total Assets: $35,633,572
- Total Liabilities: $139,542
- Net Assets: $35,494,030
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Organization Details
Founding Year
1967
Phone
(850) 872-3810Principal Officer
Dr Sean Preston
Main Address
5230 WEST HIGHWAY 98, PANAMA CITY, FL, 324011041
Website
www.foundation.gulfcoast.eduIf you are a representative of Gulf Coast 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.