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Mid-South Community College Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710723232 ✦ West memphis, AR ✦ Designated as a 501(c)(3)

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Overview

What is Mid-South Community College Foundation Inc?

The Mid-South Community College Foundation is a nonprofit organization situated in the context of Arkansas State University-Mid-South. Its primary focus is to provide assistance by granting scholarships to meritorious students and fostering the advancement of the university and its surrounding community. By doing so, the foundation plays a significant role in supporting the educational and local developmental endeavors.


Official website here: www.asumidsouth.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (73%)

The Mid-South Community College Foundation Inc has received a "Needs Improvement" rating, reflecting a 73% overall score. This rating indicates that while the foundation has several strengths, there are critical areas that require attention. Notably, the organization boasts a fully independent board, achieving full marks in both independent board members and size. Additionally, it demonstrates a strong program expense ratio of nearly 95%, indicating a significant focus on its charitable activities.

However, the foundation struggles with transparency and governance, as highlighted by missing financial statements and essential policies, such as a whistleblower policy and a document retention policy. These deficiencies have significantly impacted its accountability and finance score. Moreover, the absence of the nonprofit's tax form on its website raises concerns about accessibility and transparency for potential donors and stakeholders.

In summary, while the Mid-South Community College Foundation Inc excels in certain governance aspects and prioritizes its program expenses, it must address its transparency and policy gaps to improve its overall rating and donor confidence. Ensuring that all critical documents and policies are in place could enhance its standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Mid-South Community College Foundation Inc?

86% of the 60 reviewers on Facebook endorse the Mid-South Community College Foundation Inc. Here is a summary of their reviews:

Many comments highlight the supportive environment, particularly for educators, with users expressing appreciation for the encouragement to excel in their teaching roles. This positive atmosphere contributes to a fulfilling work experience, making it an appealing place for both staff and students alike.

Overall, the foundation appears to resonate well with those involved, emphasizing its commitment to fostering a productive and supportive community.


This AI summary has been generated from reviews found on Facebook.

Is Mid-South Community College Foundation Inc legitimate?

Mid-South Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-South 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.asumidsouth.edu

What is the mission statement of Mid-South Community College Foundation Inc?

The Mid-South Community College Foundation's mission is centered around providing assistance to Arkansas State University-Mid-South. They accomplish this by granting scholarships to deserving students and contributing to the advancement of both the university and the local community. The foundation serves as a crucial supporter, fostering the growth and success of its academic institution and the surrounding area.


Official website here: www.asumidsouth.edu

Who is the CEO of Mid-South Community College Foundation Inc?

Lucie Brackin is the Chairman of Mid-South Community College Foundation Inc.


Official website here: www.asumidsouth.edu

What is the revenue of Mid-South Community College Foundation Inc?

Mid-South Community College Foundation Inc's revenue in 2022 was $893,670.


Official website here: www.asumidsouth.edu

Who are the executives of Mid-South Community College Foundation Inc and what are their salaries?


Here are 18 key members and their salaries:


Rev Larry Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucie Brackin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Brick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnekia Neki Catron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shana Crittenden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grandon Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Hampton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
G A Bert Robinson Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Mooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landon Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Pugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Robins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Debra West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janan Abernathy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Fogelman Jr (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.asumidsouth.edu

Where can I find the form 990 for Mid-South Community College Foundation Inc?

Mid-South Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.asumidsouth.edu

Learn more at the official website: www.asumidsouth.edu

Mission Statement of Mid-South Community College Foundation Inc

The Mid-South Community College Foundation, a renowned nonprofit organization, is committed to supporting Arkansas State University-Mid-South. Its mission is twofold: firstly, it grants scholarships to deserving students, providing them with the financial aid they need to pursue their education. Secondly, it contributes to the growth and development of both the university and the local community. By doing so, the Mid-South Community College Foundation plays a vital role in fostering academic success and community prosperity.

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Impact




July, 2024

The Mid-South Community College Foundation Inc's impact centers around supporting Arkansas State University- Mid-South by awarding scholarships to deserving students and aiding in the development of both the university and the local community in West Memphis, Arkansas. Through this support, the foundation plays a crucial role in furthering education and opportunity for students, ultimately contributing to the growth and prosperity of the local community.




This information is meant to be a general summary of Mid-South 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.

Revenue
$893,670 (2022)
Expenses
$642,068 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,103,196
  • Program Service Revenue: $19,757
  • Gross Receipts: $893,670

Assets and Liabilities:

  • Total Assets: $9,142,543
  • Total Liabilities: $97,927
  • Net Assets: $9,044,616

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOOSTER CLUB

Revenue

$8,790

ADVERTISING

Revenue

$8,125

CONCESSION SALES

Revenue

$2,842

Organization Details

Founding Year

1992

Principal Officer

Lucie Brackin

Main Address

2000 W BROADWAY, WEST MEMPHIS, AR, 72301

NTEE Category

Code: B82Z - Education

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