Overview
What is Western Nevada College Foundation?
Western Nevada College Foundation is a charitable organization situated in Carson City, Nevada, specifically at 2201 W College Parkway. Its primary mission is to raise funds to support Western Nevada College, aiding in the fulfillment of its educational objectives. This support encompasses both capital and operational expenses, contributing to the strategic and tactical planning of the college. The foundation's activities primarily revolve around capital fundraising for Western Nevada College, ensuring its continuity and growth.
Official website here: www.wnd.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
The Western Nevada College Foundation has received a low rating of 58%, which categorizes it as a One-Star charity. This score is derived solely from its Accountability & Finance metrics, indicating potential concerns in financial transparency and governance. While the foundation boasts a fully independent board and has demonstrated no material diversion of assets, the lack of key policies such as a conflict of interest policy and a whistleblower policy significantly impacts its overall score.
Strengths of the organization include a strong program expense ratio of 94.23%, suggesting that a large portion of its expenditures are allocated towards program services. Additionally, they have a good track record of maintaining board meeting minutes and posting tax forms on their website, which reflects a commitment to some level of transparency. However, the high liabilities to assets ratio of 94.51% raises questions about the organization's financial stability and ability to manage its obligations.
Overall, while the Western Nevada College Foundation shows some positive attributes in terms of governance structure and program spending, the significant gaps in policy disclosures and high liability levels are critical areas for improvement. Prospective donors may want to consider these factors carefully when evaluating the foundation's effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Western Nevada College Foundation legitimate?
Western Nevada College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Nevada 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:
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For more financial information, click here
Official website here: www.wnd.edu/foundation
What is the mission statement of Western Nevada College Foundation?
The Western Nevada College Foundation's mission is centered around fundraising, specifically for both capital and operational expenses. This mission serves to support the strategic and tactical planning of Western Nevada College, enabling the institution to fulfill its educational objectives effectively. The foundation's primary role is to provide financial resources for the college, thereby contributing significantly to its ongoing educational pursuits.
Official website here: www.wnd.edu/foundation
Who is the CEO of Western Nevada College Foundation?
Scott Fields is the Board Member of Western Nevada College Foundation.
Official website here: www.wnd.edu/foundation
What is the revenue of Western Nevada College Foundation?
Western Nevada College Foundation's revenue in 2023 was $1,354,178.
Official website here: www.wnd.edu/foundation
Who are the executives of Western Nevada College Foundation and what are their salaries?
There 57 volunteers at Western Nevada College Foundation.
Here are 23 key members and their salaries:
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- Related: $145,934
- Other: $19,675
Official website here: www.wnd.edu/foundation
Where can I find the form 990 for Western Nevada College Foundation?
Western Nevada College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wnd.edu/foundation
Learn more at the official website: www.wnd.edu/foundation
Mission Statement of Western Nevada College Foundation
The Western Nevada College Foundation's mission revolves around raising capital funds for Western Nevada College. This nonprofit organization's primary goal is to support the educational purposes of the college through strategic and tactical planning, involving both capital and expense fundraising. By providing financial backing, the Western Nevada College Foundation aids in the continuation of the college's educational endeavors.
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Impact
July, 2024
The Western Nevada College Foundation's impact is significant as it provides crucial funding to support the educational purposes and operations of Western Nevada College. Through capital fundraising efforts, the foundation helps the college carry out its strategic and tactical planning to enhance the educational experience for students. By securing resources for the college, the foundation plays a vital role in ensuring the institution can continue to provide quality education and opportunities for its students in Carson City, NV.
This information is meant to be a general summary of Western Nevada 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: $29,582
- Program Service Revenue: $20,891
- Gross Receipts: $1,416,211
Assets and Liabilities:
- Total Assets: $7,632,430
- Total Liabilities: $7,213,761
- Net Assets: $418,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$20,891
Organization Details
Founding Year
1992
Phone
(775) 445-3239Principal Officer
Scott Fields
Main Address
2201 W COLLEGE PARKWAY, CARSON CITY, NV, 89703
Website
www.wnd.edu/foundationNTEE Category
Code: B42 - Education
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