Overview
What is Pensacola State College Foundation Inc?
Pensacola State College Foundation Inc is a nonprofit organization situated in Pensacola, Florida, specifically at 1000 College Blvd Building 17. Their primary objective is to support the educational goals of Pensacola State College by raising funds through donations and bequests. This support extends to scholarships, programs, faculty, facilities, and improvements, aiming to enhance the learning environment and expand student accessibility at Pensacola State College. The foundation's mission is to actively encourage and solicit financial contributions for the betterment of the college and its objectives.
Official website here: www.foundation.pensacolastate
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Pensacola State College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. With a 93% score in Accountability & Finance, the foundation demonstrates robust governance practices, including a fully independent board and comprehensive financial oversight. Their financial ratios reflect a stable organization with low liabilities and significant working capital, ensuring that they are well-positioned to fulfill their mission.
The foundation excels in its culture and community engagement, achieving a perfect score of 100% in this area. This reflects their commitment to collecting and utilizing feedback effectively, as well as their overall practices that encourage transparency and stakeholder involvement. Such high scores suggest a healthy organizational atmosphere that prioritizes the needs and opinions of its community.
While the foundation shows notable strengths in financial management and community engagement, details regarding specific programs and their impact on the community may not be highlighted in this rating. Nonetheless, the overall assessment indicates a well-run nonprofit with a solid foundation for achieving its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Pensacola State College Foundation Inc legitimate?
Pensacola State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola 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: $223,632
For more financial information, click here
Official website here: www.foundation.pensacolastate
What is the mission statement of Pensacola State College Foundation Inc?
The Pensacola State College Foundation's mission is centered around supporting the long-term goals of Pensacola State College. They accomplish this by raising financial aid to enhance scholarships, programs, faculty, facilities, and improvements, ultimately aiming to enhance student accessibility and improve the learning environment at the college. The foundation also provides funds for scholarships specifically for students attending Pensacola State College.
Official website here: www.foundation.pensacolastate
What is the revenue of Pensacola State College Foundation Inc?
Pensacola State College Foundation Inc's revenue in 2024 was $3,650,209.
Official website here: www.foundation.pensacolastate
Who are the executives of Pensacola State College Foundation Inc and what are their salaries?
There 59 volunteers at Pensacola State College Foundation Inc.
Here are 35 key members and their salaries:
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- Related: $129,451
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- Related: $57,225
- Other: $17,635
Official website here: www.foundation.pensacolastate
Where can I find the form 990 for Pensacola State College Foundation Inc?
Pensacola State College Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foundation.pensacolastate
Learn more at the official website: www.foundation.pensacolastate
Mission Statement of Pensacola State College Foundation Inc
Pensacola State College Foundation Inc is an organization dedicated to encouraging, soliciting, and administering charitable contributions for the betterment of Pensacola State College. The foundation's mission is to support the institution's long-term strategy by raising financial resources to enhance scholarships, programs, faculty, facilities, and improvements. This aim is to further improve student accessibility and the learning environment at Pensacola State College. The foundation's primary role is to provide funds for scholarships to students attending Pensacola State College. By doing so, the foundation contributes to the educational growth and success of its students, thereby supporting the college's objectives.
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Impact
July, 2024
Pensacola State College Foundation Inc's impact is significant in supporting Pensacola State College's long-range plan by raising financial support to enhance scholarships, programs, faculty, facilities, and improvements. By providing funds for scholarships, the Foundation plays a crucial role in improving student accessibility and the learning environment at Pensacola State College. The Foundation's work directly contributes to the advancement of educational opportunities and the overall success of students at the college.
This information is meant to be a general summary of Pensacola 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 2024.
- Investment Income: $1,129,804
- Program Service Revenue: $48,950
- Gross Receipts: $10,029,937
Assets and Liabilities:
- Total Assets: $38,395,990
- Total Liabilities: $2,088,440
- Net Assets: $36,307,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDATION PROGRAMS
Revenue
$48,950
Organization Details
Founding Year
1965
Principal Officer
Mike Morette
NTEE Category
Code: B82 - Education
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