Overview
What is Educational Foundation Of The Colorado Society Of Cpas?
The Educational Foundation of the Colorado Society of CPAs is a nonprofit organization situated in Englewood, Colorado. The primary mission of this foundation is to promote accounting education in the state and support individuals and institutions engaged in its study and teaching. They achieve this by granting scholarships to accounting students attending Colorado universities and colleges. In the 2021 academic year, they awarded 36 scholarships worth $3,000 each. Furthermore, the foundation recognizes academic achievement in accounting by presenting the Gold Key Awards to students at Colorado universities and colleges. The foundation's headquarters is located at 7887 East Belleview Avenue 200 in Englewood, Colorado.
Official website here: www.cocpa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Educational Foundation of the Colorado Society of CPAs has achieved an impressive rating of 97%, signifying a strong commitment to accountability and finance. This high score reflects the organization's dedication to maintaining transparency and effectively managing its resources, with a focus solely on the Accountability & Finance criteria.
Strengths of the organization include a fully independent board, with all ten members meeting the criteria, and a low liabilities to assets ratio of just 0.24%. The charity has also implemented robust policies regarding conflicts of interest, whistleblowing, and document retention, all of which are essential for fostering an ethical operational environment. Additionally, a significant portion of its expenses (85.13%) is allocated directly to programs, indicating a strong alignment with its mission.
While the ratings are highly favorable, no specific limitations were noted in the available feedback. Overall, the Educational Foundation of the Colorado Society of CPAs stands out as a well-managed nonprofit with a focus on accountability and effective financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Educational Foundation Of The Colorado Society Of Cpas legitimate?
Educational Foundation Of The Colorado Society Of Cpas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Foundation Of The Colorado Society Of Cpas 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.cocpa.org
What is the mission statement of Educational Foundation Of The Colorado Society Of Cpas?
The Educational Foundation of the Colorado Society of CPAs aims to foster accounting education in Colorado and support individuals and institutions involved in its study and teaching. One of its primary activities is granting scholarships to accounting students attending Colorado universities and colleges, as demonstrated by awarding 36 $3,000 scholarships and presenting 15 Gold Key Awards to recognize academic achievement in accounting. The foundation's mission is geared towards promoting and strengthening the accounting field in Colorado.
Official website here: www.cocpa.org
What is the revenue of Educational Foundation Of The Colorado Society Of Cpas?
Educational Foundation Of The Colorado Society Of Cpas's revenue in 2024 was $277,517.
Official website here: www.cocpa.org
Who are the executives of Educational Foundation Of The Colorado Society Of Cpas and what are their salaries?
There 11 volunteers at Educational Foundation Of The Colorado Society Of Cpas.
Here are 11 key members and their salaries:
- Compensation: $17,202
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- Other: $860
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- Other: $328
- Compensation: $4,142
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- Other: $316
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Official website here: www.cocpa.org
Where can I find the form 990 for Educational Foundation Of The Colorado Society Of Cpas?
Educational Foundation Of The Colorado Society Of Cpas's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cocpa.org
Learn more at the official website: www.cocpa.org
Mission Statement of Educational Foundation Of The Colorado Society Of Cpas
The Educational Foundation of the Colorado Society of CPAs is dedicated to fostering accounting education in Colorado and supporting individuals and institutions involved in its study and teaching. One of its key activities is awarding scholarships to accounting students attending colleges and universities in Colorado. By providing these financial aids, the foundation aims to assist these students in their pursuit of accounting degrees. Additionally, the foundation recognizes academic achievement in accounting by presenting Gold Key Awards to deserving students attending Colorado universities and colleges. Overall, the Educational Foundation of the Colorado Society of CPAs is committed to promoting and advancing accounting education in Colorado.
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Impact
October, 2024
The Educational Foundation of the Colorado Society of CPAs significantly impacts the landscape of accounting education in Colorado. By awarding scholarships to students at Colorado colleges and universities, the foundation directly supports the academic pursuits of aspiring accountants. In the past year, it granted 36 scholarships, each worth $3,000, helping to alleviate the financial burden of higher education for these students.
In addition to financial assistance, the foundation recognizes academic excellence through its Gold Key Awards, having presented 15 of these accolades to outstanding students. This not only incentivizes high standards in accounting education but also fosters a sense of accomplishment and motivation among students.
Overall, the foundation promotes accounting education and supports individuals and institutions engaged in its study, thereby strengthening the future of the accounting profession in Colorado.
This information is meant to be a general summary of Educational Foundation Of The Colorado Society Of Cpas. 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 2024.
- Investment Income: $58,765
- Gross Receipts: $612,621
Assets and Liabilities:
- Total Assets: $2,231,719
- Total Liabilities: $5,488
- Net Assets: $2,226,231
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Organization Details
Founding Year
1958
Principal Officer
Alicia Gelinas
Website
www.cocpa.orgNTEE Category
Code: B11 - Education
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