Overview
What is Trinidad State College Foundation Inc?
Trinidad State College Foundation Inc, based in Trinidad, Colorado, is a nonprofit organization with a mission to foster the expansion and improvement of Trinidad State College. This mission is carried out through various initiatives, primarily offering scholarships and other forms of college assistance to support the institution's students. With a small team of four dedicated individuals, the foundation strives to contribute to the college's growth and development, ultimately benefiting the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
The Trinidad State College Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting the organization's strong performance in Accountability & Finance. This high score is based entirely on its impressive accountability practices and financial health, showcasing a commitment to transparency and responsible management of resources.
Strengths of the foundation include a fully independent board with a majority of independent members, which enhances its governance. The organization has also demonstrated excellent oversight with a strong audit committee, robust financial statements, and a proactive approach to conflict of interest policies. Additionally, a high program expense ratio of 76.81% indicates a significant portion of its budget is effectively directed toward its educational mission.
While the rating highlights the foundation's strengths, it is important for potential donors to consider that this score is derived solely from financial metrics. Thus, while the financial health is excellent, further qualitative assessments regarding program impact and community engagement could provide a more comprehensive view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Trinidad State College Foundation Inc legitimate?
Trinidad State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinidad State 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: $81,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,697
For more financial information, click here
What is the mission statement of Trinidad State College Foundation Inc?
The mission of Trinidad State College Foundation Inc is centered around promoting the growth and development of Trinidad State College. To achieve this, they provide scholarships and various college assistance and programs. In essence, their primary goal is to support and enhance the educational opportunities and resources available at Trinidad State College.
Who is the CEO of Trinidad State College Foundation Inc?
Toni Deangelis is the Executive Di of Trinidad State College Foundation Inc.
What is the revenue of Trinidad State College Foundation Inc?
Trinidad State College Foundation Inc's revenue in 2022 was $922,571.
Who are the executives of Trinidad State College Foundation Inc and what are their salaries?
The average compensation at Trinidad State College Foundation Inc during 2022 was $24,446. There are 4 employees and 25 volunteers at Trinidad State College Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $81,087
- Related: $0
- Other: $6,298
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Trinidad State College Foundation Inc?
Trinidad State College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinidad State College Foundation Inc
Trinidad State College Foundation Inc is dedicated to fostering the advancement and enhancement of Trinidad State College. Their mission, in simpler terms, is to promote the growth and development of this educational institution. To achieve this goal, the foundation provides various scholarships and college assistance programs. By doing so, they aim to support the college and its students, contributing to their overall success and progress.
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Impact
July, 2024
Trinidad State College Foundation Inc plays a pivotal role in advancing the growth and development of Trinidad State College. Through its focus on scholarships and other forms of college assistance and programs, the foundation significantly impacts the educational opportunities available to students in Trinidad, CO. By supporting the college in its mission to provide quality education, the foundation helps to enrich the lives of individuals and contribute to the overall betterment of the community.
This information is meant to be a general summary of Trinidad State 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: $241,190
- Program Service Revenue: $13,847
- Gross Receipts: $1,314,441
Assets and Liabilities:
- Total Assets: $10,877,106
- Total Liabilities: $494,591
- Net Assets: $10,382,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT SERVICES
Revenue
$13,847
Organization Details
Founding Year
1968
Phone
(719) 846-5520Principal Officer
Toni Deangelis
Main Address
600 PROSPECT STREETCAMPUS BOX 204, TRINIDAD, CO, 81082
NTEE Category
Code: B41Z - Education
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