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Adams State University Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 846027518 ✦ Alamosa, CO ✦ Designated as a 501(c)(3)

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Overview

What is Adams State University Foundation Inc?

Adams State University Foundation Inc, based in Alamosa, Colorado, is a nonprofit organization dedicated to supporting the educational pursuits of students, faculty, and staff at Adams State University. The foundation achieves this goal by administering scholarships, grants, and awards, assisting a substantial number of recipients in 2021 to fund their education. Its mission is to promote and further the university's interests, objectives, and purposes, and it accomplishes this by soliciting and managing financial contributions, including gifts, legacies, and grants, to benefit the institution. The organization has a modest workforce of 12 individuals.


Official website here: www.adams.edu

What are the reviews and ratings of this charity?

96% rating from Charity Navigator indicates that Adams State University Foundation Inc has achieved a Four-Star out of Four Star rating, reflecting a strong commitment to financial accountability and measurable impact. The organization excels in its Impact & Measurement score of 100, which showcases its effectiveness in using funds to support its mission. The program expense ratio of 81.54% demonstrates that a significant portion of donations directly benefits the university's scholarship programs.

User feedback highlights the foundation's dedication to ensuring that the majority of funds raised go directly to scholarships and campus improvements. Donors appreciate the personalized approach taken by the foundation's board in reviewing scholarship applications, emphasizing financial need and the students' commitment to their education. This focus on supporting deserving students fosters a positive relationship between the foundation and its community.

There are no significant limitations noted in the available user feedback, and the foundation's strong financial metrics suggest a well-managed organization. Overall, Adams State University Foundation Inc appears to be a reliable choice for donors looking to support educational initiatives and help students achieve their academic goals.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Adams State University Foundation Inc?

90% of 435 reviewers on Facebook recommend Adams State University Foundation Inc. Here’s a summary of their insights:

Many individuals express profound satisfaction with their experiences at the foundation, particularly in their educational programs. One reviewer shared their positive experience during an intensive week for their master's degree in clinical mental health counseling, highlighting the exceptional support and commitment of the staff to ensure a memorable learning environment.

Overall, the sentiment towards the nonprofit is overwhelmingly positive, with users appreciating the dedication and quality of services provided. The foundation appears to truly deliver on its promises, fostering an atmosphere that encourages academic growth and personal development.


This AI summary has been generated from reviews found on Facebook.

Is Adams State University Foundation Inc legitimate?

Adams State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adams State University 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.adams.edu

What is the mission statement of Adams State University Foundation Inc?

The Adams State University Foundation exists with the primary objective of supporting and advancing the interests, objectives, and purposes of Adams State University. This is accomplished by proactively seeking and managing donations, legacies, and grants in the form of money or property, which are then utilized for the benefit of the university. The foundation's activities primarily focus on providing scholarships, grants, awards, and other financial allocations to support the educational endeavors of the university's students, faculty, and staff. In 2021, the foundation assisted 263 recipients in funding their education, but there were no recorded instances of donated services during that time.


Official website here: www.adams.edu

Who is the CEO of Adams State University Foundation Inc?

Ron Howard is the President of Adams State University Foundation Inc.


Official website here: www.adams.edu

What is the revenue of Adams State University Foundation Inc?

Adams State University Foundation Inc's revenue in 2023 was $2,962,500.


Official website here: www.adams.edu

Who are the executives of Adams State University Foundation Inc and what are their salaries?

There are 12 employees at Adams State University Foundation Inc.


Here are 19 key members and their salaries:


Tammy Lopez (Executive Direc)
  • Compensation: $0
  • Related: $96,548
  • Other: $0
Fred Bunch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcdaniel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Bussey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Cerny (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Houser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Crowther (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buffie Mcfadyen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Martinez (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Chavez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Cody (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Torres (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Scanga (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Fassett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Schroeder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyree Walton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Cooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Howard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Lucero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adams.edu

Where can I find the form 990 for Adams State University Foundation Inc?

Adams State University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.adams.edu

Learn more at the official website: www.adams.edu

Mission Statement of Adams State University Foundation Inc

Adams State University Foundation Inc exists with the primary objective of promoting and advancing the interests, objectives, and purposes of Adams State University. To achieve this, the foundation actively seeks and receives gifts, legacies, and grants of money or property. These resources are then meticulously administered for the benefit of the university. In essence, the Adams State University Foundation's mission is to support the university in various ways, primarily through financial contributions.

In addition to its financial support role, the foundation is also instrumental in providing scholarships, grants, awards, and other allocations for the benefit of Adams State University students, faculty, and staff. In 2021, the foundation assisted 263 recipients in funding their education. However, it appears that no donated services were provided during that year. This reveals a focus on financial assistance rather than direct service delivery. The Adams State University Foundation's mission, therefore, can be summarized as a commitment to supporting its university through financial contributions and scholarships, thereby contributing to the educational success of its students, faculty, and staff.

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Impact




July, 2024

Adams State University Foundation Inc's impact lies in promoting and furthering the interests, objectives, and purposes of Adams State University. The foundation provides scholarships, grants, awards, and other allocations for the benefit of students, faculty, and staff at the university. In 2021, the foundation assisted 263 recipients in funding their education, making a direct and tangible impact on the university community. This support helps individuals pursue their academic goals and contributes to the overall success of Adams State University.




This information is meant to be a general summary of Adams State University 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.

Revenue
$2,962,500 (2023)
Expenses
$2,584,111 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $627,089
  • Gross Receipts: $7,032,420

Assets and Liabilities:

  • Total Assets: $29,975,684
  • Total Liabilities: $59,298
  • Net Assets: $29,916,386

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Organization Details

Founding Year

1962

Principal Officer

Ron Howard

Main Address

208 EDGEMONT BOULEVARD, ALAMOSA, CO, 81101

NTEE Category

Code: B820 - Education

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