Overview
What is University Of Science And Arts Of Oklahoma Foundation Inc?
The University of Science and Arts of Oklahoma Foundation is a charitable organization with a mission to support the University of Science and Arts of Oklahoma. They primarily offer educational scholarships to students, helping them cover their academic expenses and program costs. This nonprofit organization is committed to contributing to the higher education sector in Oklahoma, ensuring deserving individuals have an opportunity to further their studies at the University of Science and Arts of Oklahoma.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The University Of Science And Arts Of Oklahoma Foundation Inc has achieved an 83% rating from Charity Navigator, indicating a solid performance in accountability and financial management. With an impressive 93% score in Accountability & Finance and a perfect score in Culture & Community, the organization demonstrates a strong commitment to transparency and effective resource management. Key strengths include a fully independent board, no material diversion of assets, and commendable ratios that highlight efficient program spending.
The foundation excels in numerous operational aspects, including a high program expense ratio of 81.86% and a fundraising efficiency ratio of $0.10 per dollar raised, suggesting that it is effective in its fundraising efforts while maintaining a focus on its programs. Moreover, the organization has established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, further underscoring its commitment to ethical governance.
While the organization has a robust accountability framework and positive community engagement practices, the limited focus on culture and community in the overall rating (7%) suggests there may be areas for improvement in enhancing stakeholder relationships. Overall, the foundation maintains a strong reputation for financial health and operational integrity, positioning itself well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Science And Arts Of Oklahoma Foundation Inc legitimate?
University Of Science And Arts Of Oklahoma Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Science And Arts Of Oklahoma 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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What is the mission statement of University Of Science And Arts Of Oklahoma Foundation Inc?
The University of Science and Arts of Oklahoma Foundation's mission is centered around providing educational scholarships and supporting various expenses related to the University of Science and Arts of Oklahoma. They offer general scholarship awards and assist in covering program costs, aiming to contribute positively to the academic community. The foundation's primary goal is to support the university's students and programs, ensuring they have the necessary resources for a successful educational journey.
Who is the CEO of University Of Science And Arts Of Oklahoma Foundation Inc?
J P Audas is the Chairman of University Of Science And Arts Of Oklahoma Foundation Inc.
What is the revenue of University Of Science And Arts Of Oklahoma Foundation Inc?
University Of Science And Arts Of Oklahoma Foundation Inc's revenue in 2023 was $4,792,074.
Who are the executives of University Of Science And Arts Of Oklahoma Foundation Inc and what are their salaries?
There are 2 employees at University Of Science And Arts Of Oklahoma Foundation Inc.
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Where can I find the form 990 for University Of Science And Arts Of Oklahoma Foundation Inc?
University Of Science And Arts Of Oklahoma Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Of Science And Arts Of Oklahoma Foundation Inc
The University of Science and Arts of Oklahoma Foundation's mission is centered around providing educational scholarships and supporting various aspects of the University of Science and Arts of Oklahoma. This nonprofit organization aims to offer general scholarship awards and assist in covering program costs, thereby contributing to the overall well-being and success of the university. By providing these financial aids, the University of Science and Arts of Oklahoma Foundation plays a crucial role in ensuring that deserving students have the opportunity to pursue their educational goals at the University of Science and Arts of Oklahoma.
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Impact
July, 2024
The University of Science and Arts of Oklahoma Foundation Inc's impact is centered around providing educational scholarships and other support for the University of Science and Arts of Oklahoma in Chickasha, OK. By offering general scholarship awards and covering program costs, the foundation plays a crucial role in supporting students' educational pursuits and ensuring access to higher education. This focus on education aligns with the foundation's mission of providing educational scholarship and support for the university, ultimately contributing to the advancement of knowledge and opportunities for individuals in the community.
This information is meant to be a general summary of University Of Science And Arts Of Oklahoma 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: $2,220,965
- Gross Receipts: $4,792,074
Assets and Liabilities:
- Total Assets: $19,363,347
- Total Liabilities: $693,485
- Net Assets: $18,669,862
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Organization Details
Founding Year
1977
Phone
(405) 574-1349Principal Officer
J P Audas
Main Address
1727 W ALABAMA, CHICKASHA, OK, 73018
NTEE Category
Code: B43Z - Education
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