Overview
What is Tn Independent Colleges & Universities?
Tn Independent Colleges & Universities, abbreviated as TICUA, is a nonprofit organization based in Nashville, Tennessee. With a workforce of six individuals, its primary mission is to promote the interests of private colleges and universities in the state, foster collaboration, and share resources. TICUA achieves this by providing professional development opportunities for campus officials, gathering and analyzing research data, publishing informational materials, and participating in collaborative purchasing programs. The organization actively engages in public policy, cost containment, and professional development initiatives to better serve Tennessee and its citizens.
Official website here: www.ticua.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
The Tn Independent Colleges & Universities has received a low score of 47% from Charity Navigator, primarily due to its performance in financial metrics. While the organization showcases strong governance with 100% independent board members and robust policies in place, the overall financial health appears to be a major concern. The organization scored poorly in critical areas such as program expenses and fundraising efficiency, indicating that a significant portion of its resources may not be effectively directed towards its mission.
Despite the strengths in accountability, including proper financial oversight and the absence of asset diversions, the financial ratios reveal troubling trends. The program expense ratio of 29.05% suggests that a limited portion of its budget is allocated to programs directly benefiting its mission. Additionally, a fundraising efficiency ratio of $0.01 raises questions about the effectiveness of fundraising efforts.
In summary, while Tn Independent Colleges & Universities demonstrates sound governance and accountability practices, the weak financial performance highlights limitations in its operational effectiveness. Prospective donors and stakeholders may want to consider these factors when evaluating support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Tn Independent Colleges & Universities legitimate?
Tn Independent Colleges & Universities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tn Independent Colleges & Universities 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: $458,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,334
For more financial information, click here
Official website here: www.ticua.org/
What is the mission statement of Tn Independent Colleges & Universities?
The Tennessee Independent Colleges and Universities Association (TICUA) encourages collaboration among Tennessee's private colleges and universities. Their mission is to influence public policy, manage costs, and promote professional development, all with the aim of better serving the state and its citizens. They provide professional development opportunities for campus officials, gather and analyze research data, produce informational materials such as case statements and policy papers, and offer collaborative purchasing programs for association members.
Official website here: www.ticua.org/
Who is the CEO of Tn Independent Colleges & Universities?
Dr Claude O Presnell J is the Principal Officer of Tn Independent Colleges & Universities.
Official website here: www.ticua.org/
What is the revenue of Tn Independent Colleges & Universities?
Tn Independent Colleges & Universities's revenue in 2022 was $1,519,471.
Official website here: www.ticua.org/
Who are the executives of Tn Independent Colleges & Universities and what are their salaries?
The average compensation at Tn Independent Colleges & Universities during 2022 was $91,841. There are 6 employees and 16 volunteers at Tn Independent Colleges & Universities.
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- Compensation: $332,857
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- Other: $125,854
Official website here: www.ticua.org/
Where can I find the form 990 for Tn Independent Colleges & Universities?
Tn Independent Colleges & Universities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ticua.org/
Learn more at the official website: www.ticua.org/
Mission Statement of Tn Independent Colleges & Universities
Tn Independent Colleges & Universities, also known as TICUA, is an organization dedicated to promoting the interests of its member colleges and universities in Tennessee. Its mission involves collaborating with these institutions, sharing information and resources, and conducting joint projects on their behalf. By doing so, TICUA aims to enhance the capacity of its member colleges and universities to better serve the state and its citizens.
In pursuit of this mission, TICUA engages Tennessee's private colleges and universities in various collaborative initiatives. These initiatives focus on key areas such as public policy, cost containment, and professional development. By working together, TICUA helps its member colleges and universities navigate the complex landscape of policy and finance, ensuring they can continue to provide high-quality education to their students.
Moreover, TICUA provides several services to its association members. These include professional development opportunities for campus officials, the collection and preparation of research data for the common cause, and the publication of informational materials such as case statements and policy papers. TICUA also operates collaborative purchasing programs, which allow its members to leverage their combined buying power to secure better deals on goods and services.
In summary, Tn Independent Colleges & Universities, or TICUA, serves as a catalyst for collaboration among Tennessee's private colleges and universities. Its mission is to engage these institutions in joint efforts to improve public policy, cost containment, and professional development, ultimately benefiting the state and its citizens. Through its various services, TICUA supports its members in their quest to provide quality education and contribute to the broader community.
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Impact
July, 2024
Tennessee Independent Colleges & Universities (TICUA) plays a significant role in fostering collaboration among private colleges and universities in Tennessee. By engaging member institutions in areas of public policy, cost containment, and professional development, TICUA aims to enhance the quality of education across the state. Through coordinating the sharing of information and resources, conducting joint projects, and offering professional development opportunities, TICUA serves as a valuable platform for enhancing the educational landscape in Tennessee. Additionally, TICUA's collaborative purchasing programs and research data collection efforts contribute to the sustainability and advancement of member institutions. Overall, TICUA's impact extends beyond individual campuses, benefitting the state and its citizens by promoting excellence in higher education.
This information is meant to be a general summary of Tn Independent Colleges & Universities. 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: $48,244
- Program Service Revenue: $484,502
- Gross Receipts: $1,710,716
Assets and Liabilities:
- Total Assets: $3,379,193
- Total Liabilities: $0
- Net Assets: $3,379,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RECEIPTS
Revenue
$484,502
Organization Details
Founding Year
1956
Phone
(615) 242-6400Principal Officer
Dr Claude O Presnell J
Main Address
555 MARIOTT DRIVE 315, NASHVILLE, TN, 37214
Website
www.ticua.org/NTEE Category
Code: B024 - Education
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