Overview
What is Community And Technical College Foundation Of Ashland Inc?
Community and Technical College Foundation of Ashland Inc is a nonprofit organization based in Ashland, Kentucky, specifically located at 1400 College Drive. Their primary objective is to support the educational programs and services of Ashland Community and Technical College, while also raising awareness about the college. The foundation achieves this by providing scholarships to students and contributing to various educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Community And Technical College Foundation Of Ashland Inc has received an 86% score, indicating a solid level of accountability and finance management. Its rating reflects a strong emphasis on financial oversight, with a perfect score in several categories, including the majority of independent board members and the absence of material asset diversion.
Strengths of the organization include a high program expense ratio of 77.78%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. The foundation's commitment to transparency is further demonstrated through its documented board meeting minutes and the existence of a conflict of interest policy.
While the foundation showcases impressive financial practices, the rating does not provide insights into its programmatic effectiveness or community impact. Therefore, potential donors and stakeholders should consider looking into specific programs and outcomes to fully understand the foundation's contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Community And Technical College Foundation Of Ashland Inc legitimate?
Community And Technical College Foundation Of Ashland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community And Technical College Foundation Of Ashland 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:
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What is the mission statement of Community And Technical College Foundation Of Ashland Inc?
The Community and Technical College Foundation of Ashland Inc's primary mission is to support the educational programs and services of Ashland Community College. The foundation's purpose is to promote awareness of the college, benefiting its student body and alumni. By doing so, they aim to provide scholarships and contribute to the enhancement of educational programs. The objective is to foster the growth and success of the college community.
Who is the CEO of Community And Technical College Foundation Of Ashland Inc?
Brooke Seasor is the Actc Student of Community And Technical College Foundation Of Ashland Inc.
What is the revenue of Community And Technical College Foundation Of Ashland Inc?
Community And Technical College Foundation Of Ashland Inc's revenue in 2023 was $500,483.
Who are the executives of Community And Technical College Foundation Of Ashland Inc and what are their salaries?
There 16 volunteers at Community And Technical College Foundation Of Ashland Inc.
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Where can I find the form 990 for Community And Technical College Foundation Of Ashland Inc?
Community And Technical College Foundation Of Ashland Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Community And Technical College Foundation Of Ashland Inc
The Community and Technical College Foundation of Ashland Inc is dedicated to supporting the educational programs and services of Ashland Community College. Their primary mission is to promote awareness of the college, benefiting its student body and alumni. The foundation aims to achieve this goal by providing scholarships and funding for various educational initiatives. By doing so, they contribute significantly to the academic growth and development of the students at Ashland Community and Technical College.
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Impact
July, 2024
The impact of the Community And Technical College Foundation Of Ashland Inc can be seen in its support of Ashland Community College's educational programs and services. By providing scholarships and support for educational programs, the foundation plays a crucial role in helping students pursue their academic goals and succeed in their chosen fields. Additionally, the foundation works to promote awareness of the college, benefiting both current students and alumni. Overall, the foundation's efforts contribute to the educational advancement and success of individuals in the Ashland community.
This information is meant to be a general summary of Community And Technical College Foundation Of Ashland 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: $34,047
- Gross Receipts: $500,483
Assets and Liabilities:
- Total Assets: $10,022,342
- Total Liabilities: $327,579
- Net Assets: $9,694,763
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Organization Details
Founding Year
1994
Phone
(606) 329-2999Principal Officer
Brooke Seasor
Main Address
1400 COLLEGE DRIVE, ASHLAND, KY, 411013617
NTEE Category
Code: B80Z - Education
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