Overview
What is Nicholls State University Foundation?
Nicholls State University Foundation is a dedicated nonprofit organization whose primary objective is to support and enhance the operations of Nicholls State University. By carrying out its mission, the foundation provides essential assistance to various university programs. This support extends to promoting, developing, and aiding the institution in its educational and academic pursuits. The foundation's work is integral to the university's overall growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Nicholls State University Foundation has received an 86% rating, indicating a strong performance in accountability and finance. The organization demonstrates excellent governance, with 100% of its board members being independent. Additionally, it has established policies for conflicts of interest and whistleblowing, ensuring transparency and ethical management.
In terms of financial management, the Foundation has no reported material diversion of assets and maintains a high program expense ratio of 90.30%, emphasizing its commitment to funding its programs effectively. Its fundraising efficiency is also noteworthy, with a cost of just $0.01 for each dollar raised, reflecting efficient operational practices.
While the organization exhibits strong financial health with a liabilities to assets ratio of 40.95% and a working capital ratio of 3.85 years, it remains essential for donors to consider the broader impact of their contributions and the Foundation's long-term strategic goals. Overall, the Nicholls State University Foundation stands out for its governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Nicholls State University Foundation legitimate?
Nicholls State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nicholls State University 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $95,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nicholls State University Foundation?
The Nicholls State University Foundation serves to promote, develop, and aid Nicholls State University. Its mission is centered around supporting various programs at the university, utilizing its initiatives to assist in their growth and progress. The foundation's activities are geared towards advancing the university's cause.
Who is the CEO of Nicholls State University Foundation?
Chris Riviere is the Chairman of Nicholls State University Foundation.
What is the revenue of Nicholls State University Foundation?
Nicholls State University Foundation's revenue in 2022 was $5,929,288.
Who are the executives of Nicholls State University Foundation and what are their salaries?
The average compensation at Nicholls State University Foundation during 2022 was $95,500. There is 1 employee at Nicholls State University Foundation.
Here are 10 key members and their salaries:
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- Compensation: $95,500
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Where can I find the form 990 for Nicholls State University Foundation?
Nicholls State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nicholls State University Foundation
The Nicholls State University Foundation is dedicated to advancing and aiding Nicholls State University. They fulfill this mission by promoting and developing various programs at the university. The foundation's activities are geared towards supporting and enhancing the educational institution.
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Impact
July, 2024
Nicholls State University Foundation's impact is centered around promoting, developing, and assisting Nicholls State University in Thibodaux, Louisiana. Through its various programs and initiatives, the foundation provides essential support for the university's educational endeavors, ultimately contributing to the advancement of education in the region.
This information is meant to be a general summary of Nicholls State University 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: $560,843
- Program Service Revenue: $72,323
- Gross Receipts: $8,521,619
Assets and Liabilities:
- Total Assets: $30,774,680
- Total Liabilities: $12,996,064
- Net Assets: $17,778,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM REVENUE
Revenue
$43,546
CHEF JOHN FOLSE CULINARY
Revenue
$28,777
Organization Details
Founding Year
1964
Phone
(985) 448-4005Principal Officer
Chris Riviere
Main Address
P O BOX 2074 NSU STATION, THIBODAUX, LA, 70310
NTEE Category
Code: B42I - Education
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