Overview
What is Miles Community College Foundation?
Miles Community College Foundation is a nonprofit organization situated in Miles City, Montana. Serving as a pillar of support, its primary objective is to bolster Miles Community College. This commitment extends to various aspects, including offering resources, funding, and assistance to ensure the college thrives and continues its educational mission effectively. The foundation's activities are tailored towards enhancing the college's capabilities and sustaining its overall success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
The Miles Community College Foundation has received a strong overall score of 90%, reflecting its commitment to accountability and finance. This high rating is based entirely on their accountability and finance score, indicating that the organization adheres to high standards in these areas. Notably, the foundation has 100% independent board members and has successfully passed financial audits, which reinforces its transparency and responsible management of funds.
Strengths of the organization include a program expense ratio of 84.04%, signifying that a significant majority of its funds are directed towards its programs rather than administrative costs. The foundation also has a solid liabilities to assets ratio of 30.67%, which suggests good financial health and stability. Additional policies such as a whistleblower policy and clear document retention practices contribute to its operational integrity.
While the data is overwhelmingly positive, it is essential to maintain vigilance by continuing to monitor the foundation's financial practices and program outcomes to ensure ongoing effectiveness. Overall, the Miles Community College Foundation demonstrates a strong commitment to accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Miles Community College Foundation legitimate?
Miles Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miles Community College 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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What is the mission statement of Miles Community College Foundation?
The Miles Community College Foundation, serving as a supporting entity, is committed to assisting Miles Community College. Their mission is to offer aid and reinforcement to the educational institution, striving to enhance its capabilities and resources. By providing this support, the foundation aims to contribute positively to the college's overall growth and success. The foundation's activities may include securing funds, offering scholarships, or engaging in advocacy efforts to further strengthen the college's position. In essence, the Miles Community College Foundation serves as a pillar of support, dedicated to enhancing the educational experience and opportunities at Miles Community College.
What is the revenue of Miles Community College Foundation?
Miles Community College Foundation's revenue in 2024 was $712,991.
Who are the executives of Miles Community College Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Miles Community College Foundation?
Miles Community College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Miles Community College Foundation
The Miles Community College Foundation, as an organization, is dedicated to providing support to Miles Community College. This mission is rooted in the belief that the college requires sustained assistance to thrive and serve its student body effectively. The Foundation's role is crucial in bolstering the academic and resourceful capabilities of Miles Community College, ensuring it continues to cater to the educational needs of its community.
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Impact
July, 2024
The impact of Miles Community College Foundation is seen in the support it provides to Miles Community College in Miles City, MT. Through its efforts, the foundation helps enhance educational opportunities for students, promotes academic excellence, and contributes to the overall growth and success of the college. By providing support in various forms, the foundation plays a crucial role in advancing the mission of Miles Community College and empowering students to achieve their educational goals.
This information is meant to be a general summary of Miles Community College 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 2024.
- Investment Income: $40,052
- Program Service Revenue: $9,211
- Gross Receipts: $783,176
Assets and Liabilities:
- Total Assets: $1,296,411
- Total Liabilities: $351,541
- Net Assets: $944,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETIC FUND ADMIN FEE
Revenue
$9,211
Organization Details
Founding Year
1964
Principal Officer
Donald J Hartman
NTEE Category
Code: B84 - Education
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