Overview
What is North Idaho College Foundation Inc?
North Idaho College Foundation Inc, based in Coeur d'Alene, Idaho, serves as a vital resource for North Idaho College. Acting as a bridge between private donors and the educational institution, the foundation strategically boosts funding for scholarships, projects, and program enhancements. By soliciting and managing private support, the foundation helps expand the college's financial resources, thereby enhancing opportunities for student success and educational excellence. The foundation's mission is twofold: it seeks to strengthen the college's educational mission and provide strategic resources to elevate capital availability for scholarships, projects, and program improvements.
Official website here: www.nic.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The North Idaho College Foundation Inc has achieved an impressive score of 96%, reflecting a strong commitment to accountability and finance. The rating is based on a comprehensive evaluation of various factors, all contributing to its Four-Star designation. The organization has excelled particularly in having a fully independent board and demonstrates a high level of transparency in its financial statements, with no material diversion of assets reported.
Strengths of the foundation include a robust independent board structure, consisting entirely of 27 independent members, which fosters good governance. It also has effective oversight mechanisms in place, as shown by its audit committee and adherence to policies such as conflict of interest and whistleblower protections. The organization's financial health is notable, with a low liabilities to assets ratio of 1.99%, and it allocates a significant portion of its expenses—75.95%—directly to its programs.
While the data indicates strong performance, potential supporters may want to consider the organization’s overall impact on its community and how effectively it measures its success in addition to its robust financial practices. Nonetheless, the high rating from Charity Navigator underscores a trustworthy and well-managed nonprofit dedicated to supporting North Idaho College.
This AI summary has been generated from information found on Charity Navigator.
Is North Idaho College Foundation Inc legitimate?
North Idaho College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Idaho 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: $78,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,186
For more financial information, click here
Official website here: www.nic.edu/foundation
What is the mission statement of North Idaho College Foundation Inc?
The North Idaho College Foundation Inc. works towards soliciting and managing private financial support, contributing strategically to enhance the educational mission of North Idaho College. They provide additional resources to augment the available capital, primarily focusing on student scholarships, projects, and program enhancements. This additional funding aims to boost educational excellence and student success at North Idaho College.
Official website here: www.nic.edu/foundation
Who is the CEO of North Idaho College Foundation Inc?
Rayelle Anderson is the Executive Director of North Idaho College Foundation Inc.
Official website here: www.nic.edu/foundation
What is the revenue of North Idaho College Foundation Inc?
North Idaho College Foundation Inc's revenue in 2023 was $1,249,872.
Official website here: www.nic.edu/foundation
Who are the executives of North Idaho College Foundation Inc and what are their salaries?
There 73 volunteers at North Idaho College Foundation Inc.
Here are 30 key members and their salaries:
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Official website here: www.nic.edu/foundation
Where can I find the form 990 for North Idaho College Foundation Inc?
North Idaho College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nic.edu/foundation
Learn more at the official website: www.nic.edu/foundation
Mission Statement of North Idaho College Foundation Inc
North Idaho College Foundation, a notable organization, is dedicated to soliciting and managing private contributions to reinforce the educational mission of North Idaho College. The foundation's primary role is to offer strategic resources, amplifying the available capital for student scholarships, projects, and program enhancements. By doing so, the North Idaho College Foundation seeks to boost educational excellence and enhance student success at North Idaho College. The foundation's mission is to bridge the gap between the college's resources and the needs of its students, thereby ensuring a more enriching and accessible learning experience for all.
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Impact
July, 2024
North Idaho College Foundation Inc plays a crucial role in supporting the educational mission of North Idaho College by strategically providing additional funding for student scholarships, program enhancements, and special projects. By soliciting and stewarding private support, the foundation helps enhance the available capital for students, enabling them to pursue their educational goals and ultimately achieve success. Through its efforts, North Idaho College Foundation Inc significantly contributes to the educational excellence and student success at the college.
This information is meant to be a general summary of North Idaho 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 2023.
- Investment Income: $295,047
- Gross Receipts: $3,790,856
Assets and Liabilities:
- Total Assets: $40,864,961
- Total Liabilities: $816,180
- Net Assets: $40,048,781
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Organization Details
Founding Year
1977
Phone
(208) 769-5978Principal Officer
Rayelle Anderson
Main Address
1000 W GARDEN AVENUE, COEUR DALENE, ID, 83814
Website
www.nic.edu/foundationNTEE Category
Code: B110 - Education
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