Overview
What is Pikes Peak State College Foundation Inc?
Pikes Peak State College Foundation Inc, based in Colorado Springs, Colorado, is a nonprofit organization dedicated to supporting the educational pursuits of low-income and first-generation students. Recognizing the transformative impact of higher education, the foundation offers scholarships to help these vulnerable populations overcome financial barriers. The foundation's scholarship program has seen a 50% increase in awards, aiming to boost completion rates for career-oriented degrees or certificates. Scholars receive personalized coaching and support services, leading to a significant rise in graduation, transfer, or college persistence rates. The foundation's mission, as stated, is to enhance Pikes Peak State College's capacity to educate and train its students by providing financial aid for scholarships and select programs and projects. In essence, the foundation serves as a vital partner in fostering academic growth for its students.
Official website here: www.pikespeak.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Pikes Peak State College Foundation Inc has achieved a high rating of 97%, reflecting its strong accountability and financial health. This score is especially noteworthy as it indicates the organization’s commitment to transparency and responsible financial management, with 100% of the overall score derived from its Accountability & Finance metrics.
The foundation demonstrates excellent governance practices, featuring an entirely independent board and robust policies for oversight, including conflict of interest and whistleblower policies. Its program expense ratio stands impressively at 97.09%, suggesting that a significant portion of its funds are dedicated directly to its mission. Additionally, the organization maintains a very low fundraising efficiency ratio of $0.01, indicating effective fund utilization.
Overall, the Pikes Peak State College Foundation Inc exemplifies strong operational practices and fiscal responsibility, making it a trustworthy choice for donors looking to contribute to educational initiatives. There are no notable limitations in its financial performance based on the available data.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Pikes Peak State College Foundation Inc?
74% of 405 reviewers on Facebook recommend the Pikes Peak State College Foundation Inc. Here is a summary of their reviews:
Overall, it seems that students appreciate the supportive environment, particularly for veterans and active duty members. Many commend the professionalism and dedication of the professors, who are described as genuinely invested in students' success. The college is recognized for its commitment to military personnel, which resonates well with its community.
On the other hand, some concerns have been raised regarding financial management and construction delays, attributed to hiring practices. These issues suggest that while the educational experience is strong, there is room for improvement in operational aspects to enhance both efficiency and cost-effectiveness.
This AI summary has been generated from reviews found on Facebook.
Is Pikes Peak State College Foundation Inc legitimate?
Pikes Peak State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pikes Peak State College 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pikespeak.edu/
What is the mission statement of Pikes Peak State College Foundation Inc?
The mission of Pikes Peak State College Foundation Inc is centered around enhancing the educational capacity of Pikes Peak State College. This is achieved by providing financial support for student scholarships and select programs and projects. Recognizing the transformative impact of higher education, the foundation's scholarship program aims to offer meaningful and sustainable financial aid to low-income and first-generation students. The foundation increased scholarship awards by 50% to provide additional support for vulnerable student populations. The majority of these scholarships are donor-designated to fund students pursuing career-oriented degrees or certificates. Scholarship students receive hands-on coaching and wrap-around support services to aid their success. Research indicates a significant increase in the percentage of scholarship students who graduate, transfer, or stay in college, demonstrating a high return on philanthropic investment.
Official website here: www.pikespeak.edu/
Who is the CEO of Pikes Peak State College Foundation Inc?
Michael Schroeder is the Director of Pikes Peak State College Foundation Inc.
Official website here: www.pikespeak.edu/
What is the revenue of Pikes Peak State College Foundation Inc?
Pikes Peak State College Foundation Inc's revenue in 2022 was $1,510,862.
Official website here: www.pikespeak.edu/
Who are the executives of Pikes Peak State College Foundation Inc and what are their salaries?
There 77 volunteers at Pikes Peak State College Foundation Inc.
Here are 13 key members and their salaries:
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- Related: $102,443
- Other: $10,339
Official website here: www.pikespeak.edu/
Where can I find the form 990 for Pikes Peak State College Foundation Inc?
Pikes Peak State College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pikespeak.edu/
Learn more at the official website: www.pikespeak.edu/
Mission Statement of Pikes Peak State College Foundation Inc
Pikes Peak State College Foundation Inc's mission is centered around enhancing the capacity of Pikes Peak State College to educate and train its students. They accomplish this by providing financial support for student scholarships and selected programs and projects. Recognizing the transformative power of higher education, the foundation aims to offer meaningful and sustainable financial assistance to low-income and first-generation students. In response to the need for additional support, the foundation increased scholarship awards by 50%, focusing on vulnerable populations. The majority of these scholarships are donor-designated, primarily for students committed to completing career-oriented degree or certificate programs. In doing so, the foundation aims to boost enrollment, retention, and graduation rates from Pikes Peak State College. Scholarship recipients also receive hands-on coaching and wrap-around support services to aid their success. Research shows a significant increase in the percentage of scholarship students who graduate, transfer, or remain in college, demonstrating a high return on philanthropic investment.
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Impact
July, 2024
Pikes Peak State College Foundation Inc's impact is significant in providing meaningful and sustainable financial support to low-income and first-generation students at Pikes Peak State College. By increasing scholarship awards by 50% and offering hands-on coaching and support services, the foundation has helped these students enroll, retain, and graduate from college. Research shows a high success rate among scholarship recipients, demonstrating a strong return on philanthropic investment. This impact contributes to breaking the cycle of poverty and promoting economic self-sufficiency and civic participation through higher education.
This information is meant to be a general summary of Pikes Peak State College 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: $104,927
- Gross Receipts: $1,510,862
Assets and Liabilities:
- Total Assets: $4,949,305
- Total Liabilities: $849,276
- Net Assets: $4,100,029
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Organization Details
Founding Year
1980
Phone
(719) 502-2013Principal Officer
Michael Schroeder
Main Address
5675 SOUTH ACADEMY BLVD, COLORADO SPRINGS, CO, 80906
Website
www.pikespeak.edu/NTEE Category
Code: B41Z - Education
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