Overview
What is Ntc Foundation?
The Ntc Foundation, situated in San Diego, California, is a nonprofit organization primarily focused on leasing, programming, and operating the NTC Civic Arts and Culture Center. With a vision to preserve and innovatively utilize the arts and culture district, the foundation aims to acquire, renovate, and maintain the former Naval Training Center, now recognized as the Historic Arts and Culture District. The general purpose of the foundation is to foster programs that encourage creative uses of this district, upholding the diverse culture of the San Diego region. The organization operates with 11 dedicated employees.
Official website here: www.ntcfoundation.org
What are the reviews and ratings of this charity?
91% rating from Charity Navigator, which translates to a Four-Star out of Four Star rating, indicating high performance in terms of accountability and finance for Ntc Foundation. The organization scored remarkably well in the Accountability & Finance category with a score of 92, reflecting strong financial health, effective governance, and transparency in operations.
The foundation has demonstrated a commitment to independence, with 94% of its board members being independent and a comprehensive audit and oversight committee scoring a perfect 15 out of 15 points. Additionally, it shows little to no risk of material diversion of assets and maintains a solid program expense ratio of 89.57%, ensuring that a significant portion of its resources directly supports its programs.
While Ntc Foundation has strong financial metrics, its Culture & Community score of 83 shows room for improvement in engaging with stakeholders and enhancing its community impact. However, overall, the organization appears to be well-managed and focused on its mission, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ntc Foundation legitimate?
Ntc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ntc 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:
Executive Compensation: $363,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,239
For more financial information, click here
Official website here: www.ntcfoundation.org
What is the mission statement of Ntc Foundation?
The Ntc Foundation's mission is centered around acquiring, renovating, and preserving the land and facilities of the former Naval Training Center, which has been designated as the "Historic Arts and Culture District." The primary purpose of the foundation is to operate this district and develop innovative programs that utilize the arts and culture, all while preserving the diverse culture of the San Diego region.
Official website here: www.ntcfoundation.org
Who is the CEO of Ntc Foundation?
Lisa Johnson is the Executive Director of Ntc Foundation. The CEO's salary of Ntc Foundation is $176,000 and their total compensation is $182,000.
Official website here: www.ntcfoundation.org
What is the revenue of Ntc Foundation?
Ntc Foundation's revenue in 2022 was $5,464,682.
Official website here: www.ntcfoundation.org
Who are the executives of Ntc Foundation and what are their salaries?
The average compensation at Ntc Foundation during 2022 was $79,463. There are 11 employees at Ntc Foundation.
Here are 16 key members and their salaries (Ntc Foundation's CEO's salary is $176,000 and their total compensation is $182,000):
- Compensation: $160,000
- Related: $0
- Other: $6,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $176,000
- Related: $0
- Other: $6,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ntcfoundation.org
Where can I find the form 990 for Ntc Foundation?
Ntc Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ntcfoundation.org
Learn more at the official website: www.ntcfoundation.org
Mission Statement of Ntc Foundation
The Ntc Foundation, with a mission to preserve, the former Naval Training Center, now known as the Historic Arts and Culture District, aims to acquire and renovate the land and facilities within this area. The primary purpose of this organization is threefold: firstly, to operate the Arts and Culture District; secondly, to pioneer innovative uses of the district through various programs; and lastly, to safeguard the diverse culture of the San Diego region. The Ntc Foundation's initiatives seek to breathe new life into the district, encouraging artistic and cultural expression, while preserving the rich cultural heritage of the region.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ntc Foundation's impact lies in revitalizing and preserving the former Naval Training Center in San Diego as a historic arts and culture district. By acquiring, renovating, and maintaining the facilities, the foundation is able to operate the NTC Civic Arts and Culture Center. Through innovative programming and creative use of the district, Ntc Foundation is at the forefront of preserving the diverse cultural heritage of the San Diego region. This initiative not only enhances the cultural landscape but also provides a platform for artistic expression and community engagement.
This information is meant to be a general summary of Ntc 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: $62,120
- Program Service Revenue: $4,985,833
- Gross Receipts: $5,464,682
Assets and Liabilities:
- Total Assets: $49,111,472
- Total Liabilities: $15,398,792
- Net Assets: $33,712,680
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASING, PROGRAMMING A
Revenue
$4,985,833
Organization Details
Founding Year
2000
Phone
(619) 226-1490Principal Officer
Lisa Johnson
Main Address
2820 ROOSEVELT ROAD STE 201, SAN DIEGO, CA, 92106
Website
www.ntcfoundation.orgNTEE Category
Code: A80 - Arts
If you are a representative of Ntc Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.