Overview
What is Northwest Arkansas Community College Foundation Inc?
Northwest Arkansas Community College Foundation Inc is a charitable organization, situated in Bentonville, Arkansas, specifically at One College Drive, 72712. The primary objective of this nonprofit is to offer ongoing financial aid to Northwest Arkansas Community College. This support extends to funding academic programs and granting scholarships. The foundation's mission is twofold: to stimulate and foster education in the Benton and Washington counties of Arkansas, and to collect, manage, and utilize donations, bequests, or any other form of property for this educational purpose. In essence, the Northwest Arkansas Community College Foundation Inc serves as a significant contributor to the educational growth and success of the community college, thereby benefiting the local community.
Official website here: www.nwaccfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Northwest Arkansas Community College Foundation Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization's overall score is derived from a single beacon score, showcasing a strong commitment to financial management, with a perfect score in several key areas, including independent board governance and financial oversight.
The foundation demonstrates transparency with a majority of independent board members and well-documented policies on conflicts of interest and whistleblower protections. Additionally, the program expense ratio is exceptionally high at 96.51%, indicating that a significant portion of its funds is directed toward fulfilling its mission and programs rather than administrative costs.
While the foundation's financial health appears robust, the data does not detail any specific challenges or limitations faced by the organization. Nevertheless, the strong scores across various financial metrics suggest effective governance and a solid operational framework.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Arkansas Community College Foundation Inc legitimate?
Northwest Arkansas Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Arkansas Community 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $355,875
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Official website here: www.nwaccfoundation.org
What is the mission statement of Northwest Arkansas Community College Foundation Inc?
The Northwest Arkansas Community College Foundation Inc's mission is to actively encourage and facilitate financial support for Northwest Arkansas Community College. This involves soliciting, accepting, and managing donations, bequests, and properties with the intention of investing and administering them for the college's educational purposes. The primary objectives of the foundation are to provide financial aid for academic programs and scholarships, thereby contributing to the advancement and promotion of education in Benton and Washington counties, Arkansas. In essence, the foundation serves as a significant source of ongoing financial support for the community college.
Official website here: www.nwaccfoundation.org
Who is the CEO of Northwest Arkansas Community College Foundation Inc?
Mat Mozzoni is the Treasurer of Northwest Arkansas Community College Foundation Inc.
Official website here: www.nwaccfoundation.org
What is the revenue of Northwest Arkansas Community College Foundation Inc?
Northwest Arkansas Community College Foundation Inc's revenue in 2022 was $2,758,871.
Official website here: www.nwaccfoundation.org
Who are the executives of Northwest Arkansas Community College Foundation Inc and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.nwaccfoundation.org
Where can I find the form 990 for Northwest Arkansas Community College Foundation Inc?
Northwest Arkansas Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwaccfoundation.org
Learn more at the official website: www.nwaccfoundation.org
Mission Statement of Northwest Arkansas Community College Foundation Inc
The Northwest Arkansas Community College Foundation Inc is committed to serving as a significant financial backbone for Northwest Arkansas Community College. Its mission is threefold: to encourage support for, aid in the development of, and solicit funds for this educational institution. The foundation fulfills this mission by accepting, holding, investing, and managing gifts, bequests, or any form of property. These resources are then utilized to fund academic programs and scholarships within Northwest Arkansas Community College, thereby promoting and encouraging education in the counties of Benton and Washington, Arkansas.
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Impact
July, 2024
Northwest Arkansas Community College Foundation Inc's impact is significant in advancing and supporting academic programs and scholarships at Northwest Arkansas Community College in Bentonville, Arkansas. By providing financial support to the college, the foundation plays a crucial role in promoting education in Benton and Washington counties. Through its mission to encourage aid and support for the college's development, the foundation helps enhance educational opportunities for students and contribute to the overall growth of the community.
This information is meant to be a general summary of Northwest Arkansas Community 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 2022.
- Investment Income: $577,200
- Gross Receipts: $2,800,961
Assets and Liabilities:
- Total Assets: $40,148,533
- Total Liabilities: $10,326,599
- Net Assets: $29,821,934
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Organization Details
Founding Year
1990
Phone
(479) 619-4184Principal Officer
Mat Mozzoni
Main Address
One College Drive, Bentonville, AR, 72712
Website
www.nwaccfoundation.orgNTEE Category
Code: B41I - Education
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