Overview
What is University Center At Ponca City Foundation Inc?
University Center At Ponca City Foundation Inc is a nonprofit organization situated in Ponca City, Oklahoma, specifically at 2800 N 14th Street. Their primary mission is to extend financial aid in the form of scholarships to deserving students pursuing their education at the University Center located in the same city. The organization's aim is to make higher education more accessible and affordable, thereby empowering numerous students to further their academic journey. The Foundation's work is instrumental in supporting the educational growth of the community, contributing to the overall development of Ponca City.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The University Center At Ponca City Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With an overall score of 82%, this rating highlights the organization's strong commitment to financial transparency and responsible governance.
One of the significant strengths of the foundation is its board composition, featuring 100% independent members, contributing to a more objective decision-making process. The foundation also demonstrates a strong program expense ratio of 87.78%, indicating that a large portion of its resources is directed towards its programs rather than administrative costs. Additionally, the absence of material diversion of assets further assures stakeholders of its financial integrity.
Despite its strengths, the rating is solely based on the Accountability & Finance beacon, which may limit the overall assessment of the organization's impact and effectiveness in fulfilling its mission. Potential donors and stakeholders may want to consider additional factors, such as program outcomes and community feedback, for a more comprehensive understanding of the foundation's work.
This AI summary has been generated from information found on Charity Navigator.
Is University Center At Ponca City Foundation Inc legitimate?
University Center At Ponca City Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Center At Ponca City 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 Center At Ponca City Foundation Inc?
The University Center At Ponca City Foundation Inc's mission is centered around offering scholarships to deserving individuals, enabling them to pursue their education at the University Center in Ponca City, Oklahoma. The organization's primary goal is to make higher education more accessible by providing financial assistance to worthy recipients. By offering scholarships, the foundation aims to contribute to the personal and professional growth of the scholars, ultimately benefiting the wider community. The foundation's activities are focused on supporting students in their educational journey, fostering knowledge and opportunity for a diverse range of individuals.
Who is the CEO of University Center At Ponca City Foundation Inc?
Rich Terrill is the Treasurer of University Center At Ponca City Foundation Inc.
What is the revenue of University Center At Ponca City Foundation Inc?
University Center At Ponca City Foundation Inc's revenue in 2022 was $746,518.
Who are the executives of University Center At Ponca City Foundation Inc and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for University Center At Ponca City Foundation Inc?
University Center At Ponca City Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Center At Ponca City Foundation Inc
The University Center At Ponca City Foundation Inc is dedicated to its mission of providing financial aid in the form of scholarships to deserving individuals who wish to pursue their education at the University Center in Ponca City, Oklahoma. This non-profit organization is committed to making higher education accessible to those who may otherwise struggle to finance their studies. By offering scholarships, the University Center At Ponca City Foundation Inc is empowering students to achieve their academic goals and build a brighter future for themselves. The organization's mission is a testament to its belief in the transformative power of education and its commitment to supporting students in need.
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Impact
July, 2024
The University Center At Ponca City Foundation Inc provides scholarships to deserving students to attend the University Center in Ponca City, Oklahoma. By offering financial assistance to students, the organization directly contributes to increasing access to higher education for individuals from diverse backgrounds. This helps to support the educational goals of students who may not have the means to pursue further studies without assistance. Ultimately, the foundation's impact can be seen in the positive outcomes for students who are able to further their education and enhance their future opportunities.
This information is meant to be a general summary of University Center At Ponca City 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: $598,900
- Program Service Revenue: -$11,289
- Gross Receipts: $746,518
Assets and Liabilities:
- Total Assets: $2,552,786
- Total Liabilities: $0
- Net Assets: $2,552,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Investment Loss
Revenue
-$11,289
Organization Details
Founding Year
2000
Principal Officer
Rich Terrill
Main Address
2800 N 14th Street, Ponca City, OK, 74601
NTEE Category
Code: B82 - Education
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