Overview
What is East Central Community College Foundation?
The East Central Community College Foundation is a nonprofit organization, headquartered in Decatur, Mississippi. Its primary mission is to aid individuals in furthering their educational pursuits by providing scholarships and financial awards. The foundation prioritizes these grants based on both academic merit and financial need. Through its initiatives, the East Central Community College Foundation has assisted numerous students who attended East Central Community College, thereby promoting access to quality education and training.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The East Central Community College Foundation has received an 82% rating from Charity Navigator, reflecting strong performance in accountability and finance. This score is based entirely on their accountability metrics, indicating a high level of transparency and responsible financial management. The foundation's commitment to independent governance is notable, with a board comprised entirely of independent members, which is a positive indicator of operational integrity.
Strengths of the organization include a high program expense ratio of 98.84%, demonstrating that the vast majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the foundation has a solid liabilities to assets ratio of 0.04%, signaling robust financial health and minimal debt relative to its assets. The presence of a well-functioning audit and oversight committee further enhances its accountability framework.
Despite its strengths, the organization operates solely within the parameters of its accountability metrics, which may limit insights into its overall impact or effectiveness in achieving its mission. Nevertheless, the East Central Community College Foundation's commitment to financial transparency and independent governance positions it as a responsible steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is East Central Community College Foundation legitimate?
East Central Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Central 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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What is the mission statement of East Central Community College Foundation?
The East Central Community College Foundation's mission is centered around assisting individuals in their pursuit of higher education and vocational training. They achieve this by granting scholarships and awards to deserving individuals, primarily based on their academic achievements and financial needs. By providing such support, the foundation aims to make higher education more accessible, thereby empowering numerous individuals to further their studies at East Central Community College.
Who is the CEO of East Central Community College Foundation?
Mickey Vance is the Member of East Central Community College Foundation.
What is the revenue of East Central Community College Foundation?
East Central Community College Foundation's revenue in 2022 was $1,016,998.
Who are the executives of East Central Community College Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for East Central Community College Foundation?
East Central Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Central Community College Foundation
The East Central Community College Foundation is committed to aiding individuals in their pursuit of higher education and vocational training. This nonprofit organization accomplishes this mission by offering scholarships and awards to deserving individuals based on their academic achievements and financial needs. By providing such assistance, the East Central Community College Foundation empowers numerous students to attend East Central Community College and further their educational journeys.
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Impact
July, 2024
The East Central Community College Foundation has had a significant impact by providing scholarships and awards to individuals based on academic achievement and need. This support has enabled several individuals to pursue their collegiate education and training at East Central Community College in Decatur, MS. Through its philanthropic efforts, the foundation has helped students access opportunities for higher education that they may not have had otherwise, empowering them to achieve their academic goals and advance their future prospects.
This information is meant to be a general summary of East Central 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.
- Investment Income: $333,030
- Gross Receipts: $2,869,730
Assets and Liabilities:
- Total Assets: $9,534,155
- Total Liabilities: $11,529
- Net Assets: $9,522,626
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Organization Details
Founding Year
1997
Phone
(601) 635-6208Principal Officer
Mickey Vance
Main Address
POBOX 129, DECATUR, MS, 39327
NTEE Category
Code: T30I - Philanthropy
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