Overview
What is The Sisseton Wahpeton College Foundation?
The Sisseton Wahpeton College Foundation is a charitable organization situated in Agency Village, South Dakota. Established with a specific mission, the foundation manages funds, both real and personal property, under certain restrictions and limitations. Their primary objective is to utilize the income and principal of these funds for various charitable, religious, scientific, public safety, literary, and educational purposes. This could be accomplished directly or by contributing to organizations that meet the criteria of being tax-exempt under Section 501(C)(3) of the Internal Revenue Code of 1986 and its regulations. The foundation's activities are aimed at contributing to the betterment of society in various domains, furthering the cause of education, religion, science, and public welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Stars
The Sisseton Wahpeton College Foundation has received a Two-Star rating from Charity Navigator, indicating some challenges in its operations related to accountability and finance. The organization's score is solely based on the Accountability & Finance beacon, which highlights areas that require improvement, particularly in governance practices and transparency.
One notable strength is the foundation's program expense ratio, which is 100%, indicating that all of its expenses are allocated towards its programs. However, the organization lacks independent board members, which is a significant concern as it may affect the board's ability to provide unbiased oversight. Additionally, the absence of essential policies, such as a whistleblower policy and a document retention policy, raises questions about governance practices.
Furthermore, the organization has not made its website accessible on its tax form nor posted its tax documents on its website, which are both crucial for transparency. While there is a conflict of interest policy in place, the overall lack of independent oversight and missing documentation could hinder trust among potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Sisseton Wahpeton College Foundation legitimate?
The Sisseton Wahpeton College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sisseton Wahpeton 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Sisseton Wahpeton College Foundation?
The Sisseton Wahpeton College Foundation's mission is to manage funds for charitable, religious, scientific, public safety, literary, and educational purposes. They utilize the income and principal of these funds exclusively for these causes, either directly or by contributing to organizations that meet the criteria set under Section 501(C)(3) of the Internal Revenue Code of 1986. The foundation adheres to the restrictions and limitations outlined in its charter and is open to amendments as necessary.
What is the revenue of The Sisseton Wahpeton College Foundation?
The Sisseton Wahpeton College Foundation's revenue in 2023 was $76,939.
Who are the executives of The Sisseton Wahpeton College Foundation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Sisseton Wahpeton College Foundation?
The Sisseton Wahpeton College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Sisseton Wahpeton College Foundation
The Sisseton Wahpeton College Foundation is established with a mission to manage and utilize funds, both real and personal property, for charitable, religious, scientific, testing for public safety, literary, or educational purposes. This organization operates under the guidelines of Section 501(C)(3) of the Internal Revenue Code of 1986 and its regulations, which may be amended in the future. The Sisseton Wahpeton College Foundation has the authority to apply the income and principal of these funds to various charitable, religious, scientific, testing, literary, or educational purposes, either directly or through contributions to organizations that meet the criteria of being exempt under Section 501(C)(3) of the Internal Revenue Code. By fulfilling this mission, the Sisseton Wahpeton College Foundation aims to contribute to a wide range of societal improvements and advancements in these designated fields.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Sisseton Wahpeton College Foundation's impact is centered around its mission to receive and maintain funds for charitable, religious, scientific, testing for public safety, literary, and educational purposes. By directing income and assets towards these causes, the Foundation is able to support organizations that align with its goals, ultimately contributing to the betterment of society. The Foundation's focus on education, in particular, plays a crucial role in empowering individuals and communities through knowledge and skill development.
This information is meant to be a general summary of The Sisseton Wahpeton 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 2023.
- Investment Income: $171
- Program Service Revenue: $76,768
- Gross Receipts: $76,939
Assets and Liabilities:
- Total Assets: $1,685,072
- Total Liabilities: $0
- Net Assets: $1,685,072
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$76,768
Organization Details
Founding Year
2018
Principal Officer
Brett Hanson
NTEE Category
Code: B11 - Education
If you are a representative of The Sisseton Wahpeton College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.