Overview
What is Nsu Foundation Inc?
Nsu Foundation Inc, based in Natchitoches, Louisiana, is a dedicated nonprofit organization that supports Northwestern State University. Their primary role involves marketing and promoting the university and its students, in addition to providing financial assistance through scholarships to deserving students. Beyond scholarships, the foundation also offers direct support to specific areas of the university, as per the donor's designated preferences. In essence, Nsu Foundation Inc serves as a vital partner to Northwestern State University, contributing to its growth and development while aiding students in their academic pursuits.
Official website here: www.northwesternalumni.com
What are the reviews and ratings of this charity?
90% - This charity's score is 90%, earning it a Four-Star out of Four Star rating.
The Nsu Foundation Inc has achieved a strong 90% score, reflecting solid accountability and financial practices. The organization boasts a fully independent board and has maintained high standards in financial oversight without any material diversion of assets. Its program expense ratio of 84.72% indicates that a significant portion of its funds is allocated directly to its mission-driven activities.
However, there are some areas for improvement, as the foundation is noted to be missing key policies such as a whistleblower policy and a document retention and destruction policy. Additionally, the tax forms were not distributed to the board prior to filing. Despite these limitations, the overall financial health of the organization appears robust, underscored by a low liabilities to assets ratio and efficient fundraising efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Nsu Foundation Inc legitimate?
Nsu Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nsu 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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For more financial information, click here
Official website here: www.northwesternalumni.com
What is the mission statement of Nsu Foundation Inc?
The Nsu Foundation Inc's mission involves supporting Northwestern State University, promoting the university, offering scholarships, and providing direct aid to specific university departments based on donor preferences. The foundation's activities include marketing and promoting Northwestern State University and its students, granting scholarships to students, and offering direct assistance to various university departments in accordance with donor-designated areas.
Official website here: www.northwesternalumni.com
Who is the CEO of Nsu Foundation Inc?
Drake Owens is the Exec Directo of Nsu Foundation Inc.
Official website here: www.northwesternalumni.com
What is the revenue of Nsu Foundation Inc?
Nsu Foundation Inc's revenue in 2023 was $6,533,489.
Official website here: www.northwesternalumni.com
Who are the executives of Nsu Foundation Inc and what are their salaries?
Here are 34 key members and their salaries:
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Official website here: www.northwesternalumni.com
Where can I find the form 990 for Nsu Foundation Inc?
Nsu Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.northwesternalumni.com
Learn more at the official website: www.northwesternalumni.com
Mission Statement of Nsu Foundation Inc
Nsu Foundation Inc is dedicated to supporting Northwestern State University in various capacities. Its mission encompasses marketing and promoting the university, offering scholarships to students, and providing direct financial assistance to specific areas of the university, all based on donor designations. This multifaceted approach allows the foundation to contribute to the university's growth and development in a comprehensive manner. By promoting the university and its students, Nsu Foundation Inc helps to increase its visibility and attract potential students and supporters. The scholarships it offers provide financial assistance to deserving students, enabling them to pursue their education without undue financial burden. Furthermore, by directly supporting specific areas of the university, the foundation aids in the development and improvement of various academic and extracurricular programs, thereby enhancing the overall quality of education at Northwestern State University.
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Impact
July, 2024
Nsu Foundation Inc has a significant impact on Northwestern State University by supporting its initiatives, promoting the university, providing scholarships to students, and offering direct support to specific areas of the institution as per donor designations. Through these efforts, the foundation contributes to the growth and success of Northwestern State University, ultimately benefiting students, faculty, and the broader community in Natchitoches, Louisiana.
This information is meant to be a general summary of Nsu 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: $576,462
- Program Service Revenue: $79,189
- Gross Receipts: $6,745,026
Assets and Liabilities:
- Total Assets: $27,345,089
- Total Liabilities: $2,917,081
- Net Assets: $24,428,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPS REVENUE - TEMP RESTRICT
Revenue
$63,433
STUDENT STIPENDS - UNRESTRICT
Revenue
$15,756
Organization Details
Founding Year
1960
Phone
(318) 357-4414Principal Officer
Drake Owens
Main Address
535 UNIVERSITY PARKWAY, NATCHITOCHES, LA, 71497
Website
www.northwesternalumni.comNTEE Category
Code: B43I - Education
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