Overview
What is Northeast Texas Community College Foundation Inc?
The Northeast Texas Community College Foundation Inc is a nonprofit organization that serves to improve educational opportunities at Northeast Texas Community College. Their primary function involves managing donations and grants to elevate the college's educational standards. This includes offering scholarships to deserving students and supporting Communities in Schools, an initiative dedicated to helping students succeed in their academic pursuits. By receiving and administering these funds, the Foundation aims to foster a more enriching learning environment at Northeast Texas Community College.
Official website here: www.ntcc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
The Northeast Texas Community College Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization's overall score is significantly influenced by its strong performance in the Accountability & Finance category, with a score of 88%. This reflects a well-managed foundation with a commitment to transparency and responsible financial practices.
The foundation boasts a fully independent board, featuring 100% independent members, which speaks to its governance strength. Key financial practices are robust, as evidenced by the absence of material diversion of assets and the presence of an audit and oversight committee. Additionally, the organization maintains a high program expense ratio, directing all its resources toward its mission.
However, the foundation has some areas for improvement, notably the absence of a whistleblower policy and document retention and destruction policy. Addressing these gaps would enhance its governance framework, further solidifying its reputation as a strong nonprofit organization. Overall, the Northeast Texas Community College Foundation Inc demonstrates commendable accountability and a commitment to its community.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Texas Community College Foundation Inc legitimate?
Northeast Texas Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Texas Community 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.
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Official website here: www.ntcc.edu
What is the mission statement of Northeast Texas Community College Foundation Inc?
The Northeast Texas Community College Foundation's mission is centered around receiving and managing gifts and grants, with the primary goal of enhancing the educational excellence at Northeast Texas Community College. By carrying out this purpose, the foundation strives to contribute to the college's overall improvement, providing educational scholarships and supporting various initiatives as part of its programs. The foundation's activities aim to directly impact the quality of education and support offered to students, thereby contributing to their success and growth.
Official website here: www.ntcc.edu
Who is the CEO of Northeast Texas Community College Foundation Inc?
Ron Clinton is the President of Northeast Texas Community College Foundation Inc.
Official website here: www.ntcc.edu
What is the revenue of Northeast Texas Community College Foundation Inc?
Northeast Texas Community College Foundation Inc's revenue in 2022 was $3,772,730.
Official website here: www.ntcc.edu
Who are the executives of Northeast Texas Community College Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.ntcc.edu
Where can I find the form 990 for Northeast Texas Community College Foundation Inc?
Northeast Texas Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ntcc.edu
Learn more at the official website: www.ntcc.edu
Mission Statement of Northeast Texas Community College Foundation Inc
The Northeast Texas Community College Foundation's mission is centered around receiving and managing donations and grants to elevate the educational standards at Northeast Texas Community College. This nonprofit organization is committed to enhancing the college's educational excellence by channeling these resources appropriately. In addition to this, the Foundation supports various educational initiatives, such as offering scholarships to deserving students and collaborating with Communities in Schools to further enrich their educational experiences.
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Impact
July, 2024
Northeast Texas Community College Foundation Inc makes a significant impact by receiving and administering gifts and grants to enhance educational excellence at Northeast Texas Community College. The Foundation's programs include providing educational scholarships and supporting Communities in Schools. This organization plays a vital role in supporting the educational advancement of individuals in the community and promoting philanthropy in Northeast Texas.
This information is meant to be a general summary of Northeast Texas Community 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: $30,599
- Program Service Revenue: $1,219,261
- Gross Receipts: $3,772,730
Assets and Liabilities:
- Total Assets: $10,985,668
- Total Liabilities: $2,664,187
- Net Assets: $8,321,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,219,261
Organization Details
Founding Year
1984
Phone
(903) 572-1911Principal Officer
Ron Clinton
Main Address
2866 FM 1735, MT PLEASANT, TX, 75455
Website
www.ntcc.eduNTEE Category
Code: T31 - Philanthropy
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