Overview
What is Mississippi Community College Foundation?
The Mississippi Community College Foundation is a nonprofit organization dedicated to promoting and fostering education in Mississippi's public community and junior colleges. Established in 2009, its primary objective is to address leadership gaps within the community college system as key administrators retire. The organization has partnered with the Stennis Institute of Government at Mississippi State University since its inception, with other universities in the state sponsoring participants annually. The Mississippi Community College Leadership Academy (MCCLA) is a notable initiative, which has graduated over 450 participants from various institutions in Mississippi, many of whom have subsequently advanced to higher leadership positions. The MCCLA provides a leadership development program that includes workshops, team projects, and individual action plans, culminating in a graduation ceremony. The program meets at various college campuses throughout the year, with notable events held at Mississippi State University and Copiah-Lincoln Community College. The foundation's mission also includes receiving and administering funds for educational purposes to assist and support research and economic development at the fifteen community and junior colleges in Mississippi.
Official website here: www.mccfms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Mississippi Community College Foundation has achieved an impressive overall score of 97%, earning a Four-Star rating from Charity Navigator. This high rating reflects the organization's strong commitment to accountability and financial transparency, with all metrics contributing to its score coming from its Accountability & Finance beacon.
One of the foundation's notable strengths is its governance structure, as it boasts a fully independent board of directors, consisting of 20 members. It has also effectively implemented essential policies such as conflict of interest and whistleblower protections, which enhance its accountability. The organization maintains a solid program expense ratio of 86.24%, indicating a significant portion of its funds is directed toward its mission-driven activities.
Despite its strong performance, the foundation's liabilities to assets ratio stands at 16.07%, suggesting a moderate level of liabilities compared to its assets. However, this is still considered a healthy ratio in the nonprofit sector. Overall, the Mississippi Community College Foundation demonstrates a robust operational framework, ensuring its resources are utilized effectively for community engagement and support.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi Community College Foundation legitimate?
Mississippi Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Community College Foundation 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.
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Official website here: www.mccfms.org
What is the mission statement of Mississippi Community College Foundation?
The Mississippi Community College Foundation's mission is to promote and encourage education in Mississippi's public community and junior colleges. To achieve this, the organization assists in the promotion, encouragement, and facilitation of educational purposes, research, and economic development conducted by the fifteen community and junior colleges in the state. It fulfills its mission by receiving, soliciting, accepting, and administering funds for educational purposes. The foundation has initiatives such as the Mississippi Community College Leadership Academy (MCCLA), which aims to build leadership capacity within the community college ranks. The MCCLA, established in 2009, has seen numerous participants graduate from various institutions, many of whom have risen to higher levels of leadership within their institutions.
Official website here: www.mccfms.org
Who is the CEO of Mississippi Community College Foundation?
Ronald E Nettles Phd is the Board Member of Mississippi Community College Foundation.
Official website here: www.mccfms.org
What is the revenue of Mississippi Community College Foundation?
Mississippi Community College Foundation's revenue in 2022 was $112,016.
Official website here: www.mccfms.org
Who are the executives of Mississippi Community College Foundation and what are their salaries?
There 20 volunteers at Mississippi Community College Foundation.
Here are 21 key members and their salaries:
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Official website here: www.mccfms.org
Where can I find the form 990 for Mississippi Community College Foundation?
Mississippi Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mccfms.org
Learn more at the official website: www.mccfms.org
Mission Statement of Mississippi Community College Foundation
The Mississippi Community College Foundation, a prominent organization, is committed to promoting and encouraging education in Mississippi's public community and junior colleges. Its mission extends beyond just promotion and encouragement; it also involves assisting the fifteen community and junior colleges in the state of Mississippi in their educational, research, and economic development endeavors. The foundation achieves this by receiving, soliciting, accepting, and administering funds for educational purposes.
In order to address the need for leadership within the community college ranks, the Mississippi Community College Leadership Academy (MCCLA) was established in 2009. This initiative, in partnership with the Stennis Institute of Government at Mississippi State University, aims to build capacity among college presidents and other administrators. Each year, participating universities sponsor participants in the leadership academy. The 2021-22 class of the MCCLA included 37 participants representing various institutions, marking the graduation of 450 participants since its inception. These graduates have gone on to assume higher levels of leadership within their institutions.
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Impact
October, 2024
The Mississippi Community College Foundation significantly enhances education across Mississippi's public community and junior colleges. One of its core initiatives, the Mississippi Community College Leadership Academy (MCCLA), was established in 2009 to cultivate leadership within community colleges, addressing the pressing need for capable administrators as seasoned leaders retire.
By partnering with the Stennis Institute of Government at Mississippi State University and other state universities, the MCCLA equips participants with the skills to excel as college leaders. In the 2021-22 class alone, 37 participants from 15 community colleges, as well as two state universities, engaged in this transformative program. Through collaborative projects and action plans, these future leaders are prepared to tackle the challenges facing Mississippi's higher education landscape.
Since its inception, the MCCLA has graduated 450 individuals, many of whom have ascended to significant leadership roles within their institutions. This legacy of leadership ensures that Mississippi's community colleges are well-positioned to provide quality education and adapt to the evolving needs of students and the workforce. The Foundation’s efforts underscore its commitment to promoting, encouraging, and assisting all forms of education and economic development within the state.
This information is meant to be a general summary of Mississippi Community College Foundation. 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.
- Program Service Revenue: $53,165
- Gross Receipts: $112,016
Assets and Liabilities:
- Total Assets: $546,659
- Total Liabilities: $140,582
- Net Assets: $406,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES/SPONSORS
Revenue
$53,165
Organization Details
Founding Year
1986
Phone
(601) 757-0467Principal Officer
Ronald E Nettles Phd
Main Address
3825 RIDGEWOOD ROAD 726, JACKSON, MS, 39211
Website
www.mccfms.orgNTEE Category
Code: B80 - Education
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