Overview
What is Colorado Community College System Foundation?
The Colorado Community College System Foundation is a nonprofit organization, headquartered at 9101 E Lowry Boulevard, Denver, Colorado 80230. Its primary objective is to provide student scholarships and support various educational activities across numerous Colorado community colleges. To accomplish this mission, the foundation establishes partnerships, develops resources, and advocates for the significance of a community college education. By doing so, they aim to enhance the overall educational experience and opportunities for students within the Colorado Community College System.
Official website here: www.cccs.edu/cccs-foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Colorado Community College System Foundation has earned a Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The rating is based entirely on the organization’s strong performance in accountability and finance, scoring 92%. This indicates a well-managed foundation with sound fiscal practices and transparency in its operations.
Strengths of the foundation include its fully independent board, which consists of 18 independent members, as well as an excellent score for its financial statements and the absence of any material diversion of assets. The foundation also demonstrates impressive program expense and fundraising efficiency ratios, ensuring that a significant portion of funds directly supports its mission. The absence of loans to/from officers further emphasizes the foundation's financial integrity.
However, there are notable limitations, particularly the lack of a whistleblower policy and a document retention and destruction policy. These missing elements may raise concerns about the foundation's internal controls and governance. Despite these issues, the foundation's overall performance remains strong, showcasing its commitment to accountability and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Community College System Foundation legitimate?
Colorado Community College System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Community College System 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $42,870
For more financial information, click here
Official website here: www.cccs.edu/cccs-foundation/
What is the mission statement of Colorado Community College System Foundation?
The Colorado Community College System Foundation's mission is centered around supporting the mission of the Colorado Community College System. This is achieved by establishing partnerships, developing necessary resources, and advocating for the significance of a community college education. The primary goal is to enhance the value of such education. In addition to this, the foundation provides student scholarships and supports various educational activities at various Colorado community colleges.
Official website here: www.cccs.edu/cccs-foundation/
Who is the CEO of Colorado Community College System Foundation?
Jon Adam Cermak is the Director of Colorado Community College System Foundation.
Official website here: www.cccs.edu/cccs-foundation/
What is the revenue of Colorado Community College System Foundation?
Colorado Community College System Foundation's revenue in 2022 was $4,087,796.
Official website here: www.cccs.edu/cccs-foundation/
Who are the executives of Colorado Community College System Foundation and what are their salaries?
There 118 volunteers at Colorado Community College System Foundation.
Here are 17 key members and their salaries:
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Official website here: www.cccs.edu/cccs-foundation/
Where can I find the form 990 for Colorado Community College System Foundation?
Colorado Community College System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cccs.edu/cccs-foundation/
Learn more at the official website: www.cccs.edu/cccs-foundation/
Mission Statement of Colorado Community College System Foundation
The Colorado Community College System Foundation serves a vital role in supporting the mission of the Colorado Community College System. This nonprofit organization strives to create partnerships, develop resources, and advocate for the significance of a community college education. By doing so, it aims to enhance the educational experiences of students at various Colorado community colleges. The Foundation's primary objective is to provide student scholarships and support educational activities within the Colorado Community College System. This commitment to financial aid and educational support enables deserving students to pursue their academic goals, thereby contributing to the overall growth and development of the community.
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Impact
July, 2024
The Colorado Community College System Foundation plays a crucial role in supporting the mission of the Colorado Community College System by creating partnerships, developing resources, and advocating for the value of a community college education. Specifically, the foundation provides student scholarships and supports educational activities at various Colorado community colleges. Its impact is seen in enabling students to access higher education opportunities, pursue their academic goals, and ultimately contribute to the workforce and economy of the state. Through its efforts, the foundation helps bridge the gap for students who may not have had access to financial support otherwise, ensuring that education remains a viable path for all individuals seeking to better themselves and their communities.
This information is meant to be a general summary of Colorado Community College System 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 2022.
- Investment Income: $382,996
- Gross Receipts: $4,087,796
Assets and Liabilities:
- Total Assets: $10,172,393
- Total Liabilities: $1,000,297
- Net Assets: $9,172,096
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Organization Details
Founding Year
1987
Phone
(720) 858-2802Principal Officer
Jon Adam Cermak
Main Address
9101 E LOWRY BOULEVARD, DENVER, CO, 80230
NTEE Category
Code: B12 - Education
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