Overview
What is Arkansas Northeastern College Foundation Inc?
Arkansas Northeastern College Foundation Inc is a dedicated nonprofit organization that actively supports Arkansas Northeastern College. Their primary mission is to enhance the educational experience for students by offering scholarships and backing various college programs and initiatives. As an undergraduate institution, Arkansas Northeastern College spans four years in its educational journey. The foundation's role is crucial in aiding the college's growth and success by providing essential financial assistance and resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating.
The Arkansas Northeastern College Foundation Inc has achieved an 82% score, reflecting strong accountability and financial health, which is crucial for donor trust and sustainability. The rating is based entirely on a single beacon score, emphasizing the organization's commitment to transparency and responsible financial practices.
One of the foundation's key strengths is its fully independent board, with all eight members meeting the criteria for independence. This governance structure, alongside a high program expense ratio of 95.71%, indicates that a significant portion of funds is directed towards its mission-related programs rather than administrative costs. Additionally, the foundation demonstrates sound financial practices, as indicated by a low liabilities-to-assets ratio of 0.39% and thorough documentation of board meeting minutes.
However, while the foundation's overall financial health appears robust, the reliance on a single beacon score may limit the insights into other operational areas. Prospective donors and stakeholders should consider this aspect alongside the positive metrics when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Northeastern College Foundation Inc legitimate?
Arkansas Northeastern College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Northeastern 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.
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What is the mission statement of Arkansas Northeastern College Foundation Inc?
The Arkansas Northeastern College Foundation's mission is centered around supporting Arkansas Northeastern College. They accomplish this through various initiatives, such as providing scholarships and backing college programs and services. The organization's primary focus is on an undergraduate college, offering a four-year degree program. In essence, the foundation aims to bolster the educational journey of students attending Arkansas Northeastern College.
Who is the CEO of Arkansas Northeastern College Foundation Inc?
Christie Patterson is the Board of Arkansas Northeastern College Foundation Inc.
What is the revenue of Arkansas Northeastern College Foundation Inc?
Arkansas Northeastern College Foundation Inc's revenue in 2023 was $1,136,644.
Who are the executives of Arkansas Northeastern College Foundation Inc and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Arkansas Northeastern College Foundation Inc?
Arkansas Northeastern College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arkansas Northeastern College Foundation Inc
Arkansas Northeastern College Foundation, a dedicated organization, is committed to supporting Arkansas Northeastern College. Its mission is multifaceted, encompassing the provision of scholarships and backing for various college programs and initiatives. By doing so, the foundation aims to enhance the educational experience and opportunities for students at this undergraduate institution. The foundation is a crucial partner in the college's mission, contributing to its overall success and the growth of its student body.
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Impact
July, 2024
Arkansas Northeastern College Foundation Inc's impact is significant in supporting Arkansas Northeastern College through programs that include ANC scholarships and ANC programs and support. By providing financial assistance and resources to the college, the foundation plays a crucial role in enabling students to access higher education and succeed in their academic pursuits. Through its initiatives, the foundation helps enhance the educational opportunities available to students in Blytheville, Arkansas, ultimately contributing to the growth and development of the local community.
This information is meant to be a general summary of Arkansas Northeastern 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 2023.
- Investment Income: $32,486
- Gross Receipts: $1,136,644
Assets and Liabilities:
- Total Assets: $8,276,543
- Total Liabilities: $32,337
- Net Assets: $8,244,206
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Organization Details
Principal Officer
Christie Patterson
Main Address
P O BOX 1109, BLYTHEVILLE, AR, 72316
NTEE Category
Code: B42 - Education
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