Berkshire Community College Foundation Inc
Overview
Mission
To encourage, receive and administer gifts and bequests of property and funds for educational and charitable purposes for the advancement of berkshire community college.
What it reported doing in 2024
Provide scholarships and awards to the students of berkshire community college and funding for educational programs and exhibits.
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 042736585
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Pittsfield, MA, USA
- Phone
- 4134994660
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 94
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.1%; rating input score 57
- Program expense ratio: 82.5%; rating input score 83
- Fundraising efficiency: $218.66 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 61.2%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 14.67; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 57.1% of revenue deployed · 82.5% of spending went to programs
- Governance: 12 of 12 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 15 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
12 people listed
Source: IRS Form 990. Selected filing: FY2024.