Overview
What is Olympic College Foundation?
The Olympic College Foundation, situated in Bremerton, Washington, serves as a custodian of funds specifically intended for scholarships for students at Olympic College. Their mission is to positively impact lives by collaborating with the community to foster the growth and success of Olympic College and its students. By doing so, they contribute to the educational journey of numerous individuals, enabling them to pursue their academic goals.
Official website here: www.olympiccollegefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Olympic College Foundation has achieved a perfect score of 100%, indicating exceptional accountability and financial health. This rating reflects the organization's commitment to transparency and good governance, as evidenced by its independent board comprising entirely of 20 members. The foundation scores full points in critical areas, such as financial oversight, conflict of interest policies, and document retention policies.
Strengths highlighted in the review include a strong program expense ratio of 71.52%, suggesting that a significant portion of their expenditures directly supports their mission. Additionally, the foundation has demonstrated no material diversion of assets, and its financial statements are meticulously managed and audited. This level of accountability ensures that donor contributions are utilized effectively and responsibly.
While the data is overwhelmingly positive, organizations with high ratings like this one are often scrutinized for maintaining their standards over time. Continued focus on governance and financial management will be essential for the Olympic College Foundation to uphold its commendable rating and trust from its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Olympic College Foundation legitimate?
Olympic College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,600
For more financial information, click here
Official website here: www.olympiccollegefoundation.org
What is the mission statement of Olympic College Foundation?
The Olympic College Foundation's mission is centered around transforming lives by collaborating with the community to support Olympic College and its students. Their primary role involves managing funds intended for scholarships for students attending Olympic College. By fulfilling this mission, they aim to make higher education more accessible and contribute to the personal growth and success of these students.
Official website here: www.olympiccollegefoundation.org
Who is the CEO of Olympic College Foundation?
Suzanne Keel-Eckmann is the President of Olympic College Foundation.
Official website here: www.olympiccollegefoundation.org
What is the revenue of Olympic College Foundation?
Olympic College Foundation's revenue in 2022 was $1,748,096.
Official website here: www.olympiccollegefoundation.org
Who are the executives of Olympic College Foundation and what are their salaries?
There 40 volunteers at Olympic College Foundation.
Here are 26 key members and their salaries:
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- Related: $248,182
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- Related: $105,000
- Other: $30,292
Official website here: www.olympiccollegefoundation.org
Where can I find the form 990 for Olympic College Foundation?
Olympic College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.olympiccollegefoundation.org
Learn more at the official website: www.olympiccollegefoundation.org
Mission Statement of Olympic College Foundation
The Olympic College Foundation, a nonprofit organization, is committed to transforming lives by collaborating with the community to support Olympic College and its students. Their mission is multifaceted, encompassing the role of a custodian for funds intended to provide scholarships to students attending Olympic College. By doing so, they contribute significantly to the educational journey of these students, thereby extending opportunities for personal growth and development.
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Impact
July, 2024
Olympic College Foundation's impact lies in transforming lives by partnering with the community to support Olympic College and its students. They serve as custodians of funds used for scholarships to help students achieve their educational goals. Through their philanthropic efforts, the foundation plays a crucial role in providing opportunities for individuals to access higher education, ultimately contributing to the overall betterment of the community.
This information is meant to be a general summary of Olympic 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 2022.
- Investment Income: $932,993
- Gross Receipts: $12,140,900
Assets and Liabilities:
- Total Assets: $19,483,622
- Total Liabilities: $577,207
- Net Assets: $18,906,415
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Organization Details
Founding Year
1993
Phone
(360) 475-7121Principal Officer
Suzanne Keel-Eckmann
Main Address
1600 CHESTER AVE CSC 513, BREMERTON, WA, 98337
NTEE Category
Code: T112 - Philanthropy
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