Overview
What is Scotland Development Corporation?
Scotland Development Corporation is a nonprofit organization situated in Laurinburg, North Carolina, with a specific focus on fostering economic development in Scotland County. They accomplish this by undertaking and supporting projects that encourage educational advancement, particularly for displaced workers and individuals seeking higher education. In a joint effort with St. Andrews University, Scotland Development Corporation aims to ensure the availability of secondary education in the area. This initiative is crucial for both economic development and the enhancement of education opportunities for the residents of Southeastern North Carolina, who may be from economically disadvantaged backgrounds. The organization's primary goal is to develop and empower the community's individuals, fostering self-esteem primarily through workforce development and training.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (35%)
The Scotland Development Corporation has received a low score of 35%, resulting in a Zero-Star out of Four Star rating. This reflects significant concerns regarding accountability and financial transparency. The organization lacks independent board members and has not provided essential financial statements, which raises questions about its governance structure and overall financial health.
Strengths noted in the evaluation include a perfect program expense ratio of 100%, indicating that all reported expenses are directed toward program activities. However, this positive aspect is overshadowed by the absence of critical policies and documentation, such as a conflict of interest policy and board meeting minutes, which are essential for maintaining transparency and accountability.
Overall, the lack of independent oversight and missing financial documentation presents serious limitations for the Scotland Development Corporation. Prospective donors and stakeholders should exercise caution and seek further information before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Scotland Development Corporation legitimate?
Scotland Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scotland Development Corporation 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 Scotland Development Corporation?
The Scotland Development Corporation's primary mission is to foster the growth of individuals within the community, encouraging them to become self-reliant, productive citizens. This objective is primarily driven by workforce development and training. Recently, Scotland Development Corporation has collaborated with St. Andrews University with the aim of maintaining the university's presence in Scotland County. This partnership is intended to strengthen the economy of the area and provide educational opportunities to its citizens, who reside in an economically disadvantaged location.
Who is the CEO of Scotland Development Corporation?
Unavailable
What is the revenue of Scotland Development Corporation?
Scotland Development Corporation's revenue in 2022 was $1,024,130.
Who are the executives of Scotland Development Corporation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Scotland Development Corporation?
Scotland Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Scotland Development Corporation
Scotland Development Corporation is committed to fostering the development of individuals within its community, with a primary focus on instilling a strong sense of self-esteem. This is primarily achieved through workforce development and training initiatives. Recently, Scotland Development Corporation has taken a significant step by collaborating with St. Andrews University. This partnership aims to preserve the university's presence in Scotland County, thereby securing the community's economic viability and providing educational opportunities to its citizens, who reside in an economically disadvantaged area. By doing so, Scotland Development Corporation contributes to the overall development of the community, ultimately helping its residents become productive and confident citizens.
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
Scotland Development Corporation's impact can be seen in its efforts to develop individuals in the community into productive citizens with self-esteem, largely driven by workforce development and training initiatives. By partnering with St. Andrews University, the organization is working to keep the university open in Scotland County, ensuring economic viability and providing educational opportunities to citizens in an economically disadvantaged area. This collaboration is crucial for economic development and educational advancement in Southeastern North Carolina. Through projects and activities that support educational advancement for displaced workers and individuals seeking higher education, Scotland Development Corporation is contributing to the growth and prosperity of Scotland County.
This information is meant to be a general summary of Scotland Development Corporation. 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.
- Program Service Revenue: $1,024,130
- Gross Receipts: $1,024,130
Assets and Liabilities:
- Total Assets: $11,075,972
- Total Liabilities: $10,415,595
- Net Assets: $660,377
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.
ST. ANDREWS SUPPORT
Revenue
$1,024,130
Organization Details
Main Address
606 ATKINSON ST, LAURINBURG, NC, 28352
NTEE Category
Code: S30 - Community improvement
If you are a representative of Scotland Development Corporation 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.