Overview
What is Bates Technical College Foundation?
Bates Technical College Foundation is a dedicated nonprofit organization, situated in Tacoma, Washington, with a postal address at 1101 South Yakima Ave, 98405. Their primary mission is to raise funds to provide scholarships and support to over 100 students enrolled in Bates Technical College. This support extends beyond financial aid, as they also offer training programs, necessary materials, and resources to these students, aiming to enhance their educational journey. The foundation's activities are centered around empowering students at Bates Technical College, contributing to their academic growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Bates Technical College Foundation has achieved a commendable score of 90%, which translates to a Four-Star rating on Charity Navigator. This high rating primarily reflects the organization’s commitment to accountability and finance, showcasing its robust financial health and transparency in operations.
The foundation demonstrates significant strengths in its governance, with 83% of its board members being independent, ensuring unbiased decision-making. Its financial practices are solid, evidenced by a program expense ratio of 88.14%, indicating that a substantial portion of its funds directly supports its mission. Additional strengths include a lack of material diversion of assets and comprehensive policies for conflict of interest and document retention.
However, while the foundation has excelled in various financial metrics, the summary does not provide insight into the broader impact of its programs or the specific outcomes of its initiatives. Prospective donors may wish to consider this alongside the financial data to gain a holistic view of the foundation's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Bates Technical College Foundation legitimate?
Bates Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bates Technical 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: $0
For more financial information, click here
What is the mission statement of Bates Technical College Foundation?
The Bates Technical College Foundation's mission is centered around providing assistance to students attending Bates Technical College. This assistance encompasses scholarships, training programs, necessary materials, and overall support. The primary objective of the foundation is to raise funds, enabling them to offer scholarships to over 100 students at the college. By doing so, they aim to contribute to the educational growth and success of these students.
What is the revenue of Bates Technical College Foundation?
Bates Technical College Foundation's revenue in 2024 was $844,284.
Who are the executives of Bates Technical College Foundation and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $93,510
- Other: $23,450
Where can I find the form 990 for Bates Technical College Foundation?
Bates Technical College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Bates Technical College Foundation
The Bates Technical College Foundation is dedicated to supporting students at Bates Technical College. Their mission is multifaceted, encompassing the provision of scholarships, training programs, essential materials, and various forms of assistance. By raising funds, the foundation aims to extend these benefits to over a hundred students enrolled at Bates Technical College. The ultimate goal is to empower these students, enabling them to pursue their education and careers effectively.
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Impact
July, 2024
The Bates Technical College Foundation is making a significant impact by providing scholarships, training programs, materials, and support to students at Bates Technical College in Tacoma, Washington. Through their fundraising efforts, they are able to offer scholarships to more than 100 students, helping individuals access education and training that they may not have had the means to pursue otherwise. By investing in these students, the foundation is not only supporting their academic endeavors but also contributing to the growth and success of the community as a whole.
This information is meant to be a general summary of Bates Technical 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 2024.
- Investment Income: $65,042
- Gross Receipts: $844,284
Assets and Liabilities:
- Total Assets: $3,471,384
- Total Liabilities: $20,835
- Net Assets: $3,450,549
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Organization Details
Founding Year
1992
Principal Officer
Chelsea Lindquist
NTEE Category
Code: Z99Z - Unknown
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