Overview
What is Connors Development Foundation Inc?
Connors Development Foundation Inc, situated in Warner, Oklahoma, is a nonprofit organization primarily focused on providing scholarships or financial aid. Their primary mission is to contribute positively to Connors State College, aiming to support and benefit the educational institution in various ways. While the specific programs and initiatives they offer are not detailed in the provided information, it is clear that their purpose is to contribute to the well-being and success of Connors State College.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Connors Development Foundation Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is based entirely on the Accountability & Finance beacon, where the foundation earned an impressive score of 86%. This rating indicates a commitment to maintaining transparency and effective financial management practices.
The organization demonstrates several strengths, including a fully independent board composed of 10 members, which contributes to its governance integrity. Additionally, it has received high marks for its financial statements, having undergone an audit, and for showing no material diversion of assets. The foundation also prioritizes low overhead, with 97.41% of its expenses directed toward programs, signaling that funds are effectively utilized for their mission.
While the foundation's financial health appears robust, with a liabilities to assets ratio of 0.00%, it's essential for potential donors to consider the foundation's impact and mission delivery in conjunction with its financial metrics. Overall, Connors Development Foundation Inc showcases strong accountability practices, making it a trustworthy option for philanthropic support.
This AI summary has been generated from information found on Charity Navigator.
Is Connors Development Foundation Inc legitimate?
Connors Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connors Development 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
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What is the mission statement of Connors Development Foundation Inc?
The Connors Development Foundation, as a scholarship or financial aid organization, is committed to supporting Connors State College. Their mission, in essence, is geared towards contributing positively to the educational institution. However, specific details about the methods or extent of their support are not provided in the given information.
Who is the CEO of Connors Development Foundation Inc?
Dr Krystle Lane is the Trustee of Connors Development Foundation Inc.
What is the revenue of Connors Development Foundation Inc?
Connors Development Foundation Inc's revenue in 2022 was $782,010.
Who are the executives of Connors Development Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Connors Development Foundation Inc?
Connors Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Connors Development Foundation Inc
Connors Development Foundation, as a scholarship or financial aid organization, is dedicated to supporting Connors State College. Their mission, in essence, is to contribute positively to the educational institution, aiming to provide necessary aid to students attending Connors State College. This nonprofit organization's primary focus lies in benefiting the college, which is reflected in its mission statement.
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Impact
July, 2024
Connors Development Foundation Inc positively impacts the community by providing scholarships and financial aid to benefit Connors State College in Warner, OK. Through its mission to support the college, the foundation helps students access higher education opportunities and achieve their academic goals. By investing in the education of individuals, Connors Development Foundation contributes to the development and growth of the local community.
This information is meant to be a general summary of Connors Development 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 2022.
- Investment Income: $21,283
- Gross Receipts: $782,010
Assets and Liabilities:
- Total Assets: $3,815,505
- Total Liabilities: $0
- Net Assets: $3,815,505
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Organization Details
Founding Year
1979
Phone
(918) 463-6342Principal Officer
Dr Krystle Lane
Main Address
700 COLLEGE ROAD, WARNER, OK, 74469
NTEE Category
Code: S20Z - Community improvement
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