Overview
What is Carl Albert State College Development Foundation?
The Carl Albert State College Development Foundation is a charitable organization situated in Poteau, Oklahoma. Its primary objective is to foster educational growth by offering scholarships to students attending Carl Albert State College and providing facility grants to support the college's buildings and campuses. The foundation is dedicated to realizing its mission by constructing a residential campus, setting up an endowment fund for scholarships, and establishing an academic enrichment program. This commitment to education enhances the learning opportunities for students and contributes to the betterment of the college infrastructure.
Official website here: www.carlalbert.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating
The Carl Albert State College Development Foundation has received a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates effective financial management, which is crucial for donor confidence and long-term sustainability.
One of the notable strengths includes a majority of independent board members, ensuring diverse perspectives in governance. The foundation has also excelled in various financial metrics, such as a low liabilities-to-assets ratio of 0.25% and a program expense ratio of 77.89%, indicating that a significant portion of its expenses is dedicated to its programs rather than administrative costs.
While the foundation shows no material diversion of assets and maintains transparency through comprehensive policies, it is essential for potential donors to remain informed about other operational aspects that may not be reflected solely in financial metrics. Overall, the foundation's strong rating signifies a reliable and responsible nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Carl Albert State College Development Foundation legitimate?
Carl Albert State College Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carl Albert State College Development 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.
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For more financial information, click here
Official website here: www.carlalbert.edu
What is the mission statement of Carl Albert State College Development Foundation?
The Carl Albert State College Development Foundation's mission is to construct a residential campus, establish an endowment fund for scholarships, and initiate a program for academic enrichment. To accomplish this, the foundation provides educational opportunities for students at Carl Albert State College through scholarships and grants for facilities to enhance the college's buildings and campuses.
Official website here: www.carlalbert.edu
Who is the CEO of Carl Albert State College Development Foundation?
Mandy Roberts is the Chairman of Carl Albert State College Development Foundation.
Official website here: www.carlalbert.edu
What is the revenue of Carl Albert State College Development Foundation?
Carl Albert State College Development Foundation's revenue in 2022 was $1,237,919.
Official website here: www.carlalbert.edu
Who are the executives of Carl Albert State College Development Foundation and what are their salaries?
There 106 volunteers at Carl Albert State College Development Foundation.
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- Related: $70,488
- Other: $7,051
Official website here: www.carlalbert.edu
Where can I find the form 990 for Carl Albert State College Development Foundation?
Carl Albert State College Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carlalbert.edu
Learn more at the official website: www.carlalbert.edu
Mission Statement of Carl Albert State College Development Foundation
The Carl Albert State College Development Foundation's mission is centered around three key objectives. Firstly, it aims to construct a residential campus, providing students with a conducive living environment that fosters learning and growth. Secondly, the foundation seeks to establish an endowment fund for scholarships. This financial resource is designed to offer educational opportunities to deserving students at Carl Albert State College, alleviating financial burdens and enabling them to pursue their academic goals. Lastly, the foundation strives to establish a program for academic enrichment. This initiative provides facility grants to support the buildings and campuses of the college, ensuring that they remain modern and conducive to learning. In essence, the Carl Albert State College Development Foundation works towards enhancing the educational experience of students at the college by providing scholarships, building infrastructure, and fostering academic excellence.
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Impact
July, 2024
Carl Albert State College Development Foundation's impact is significant in providing educational opportunities through scholarships to students at Carl Albert State College and facility grants to support the buildings and campuses of the college. Additionally, the foundation's mission to build a residential campus, create an endowment fund for scholarships, and establish a program for academic enrichment directly contributes to the growth and development of the educational institution.
This information is meant to be a general summary of Carl Albert State College Development 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: $217,599
- Program Service Revenue: $292,474
- Gross Receipts: $1,237,919
Assets and Liabilities:
- Total Assets: $11,178,078
- Total Liabilities: $29,794
- Net Assets: $11,148,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CASC - DORMITORIES
Revenue
$292,474
Organization Details
Founding Year
1979
Phone
(918) 647-1200Principal Officer
Mandy Roberts
Main Address
1507 S MCKENNA, POTEAU, OK, 74953
Website
www.carlalbert.eduNTEE Category
Code: B42I - Education
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