New River Community College Educational Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE NEW RIVER COMMUNITY COLLEGE EDUCATION FOUNDATION, INC (THE FOUNDATION) SERVES AS A CONDUIT FOR CONTRIBUTIONS THAT PROVIDE SCHOLARSHIP OPPORTUNITIES AND TUITION AND BOOK ASSISTANCE FOR STUDENTS, FACULTY, AND STAFF, AT NEW RIVER COMMUNITY COLLEGE. THE FOUNDATION RELIES ON THE GENEROSITY OF THE COMMUNITY TO CONTINUE ITS WORK IN SECURING THE FUTURE OF THE COLLEGE, ITS STUDENTS, FACULTY, AND STAFF. CONTRIBUTIONS ARE RECEIVED FROM VARIOUS CORPORATIONS AND THE GENERAL PUBLIC AND ARE AN INVESTMENT IN THE FUTURE OF THE COMMUNITY. THROUGH DONATIONS, GRANTS, AND ENDOWMENTS, THE FOUNDATION IS ABLE TO PROVIDE TUITION AND TEXTBOOK SCHOLARSHIPS FOR STUDENTS, FUND ACADEMIC PROGRAMS, AND ENCOURAGE THE PROFESSIONAL DEVELOPMENT OF NEW RIVER COMMUNITY COLLEGE'S FACULTY AND STAFF. THE FOUNDATION'S WORK HELPS TO ENSURE THE COLLEGE CONTINUES ITS PLEDGE OF PROVIDING ACADEMIC EXCELLENCE WHILE EXPANDING THE SERVICES IT OFFERS TO FULFILL ESCALATING WORKFORCE REQUIREMENTS.
- Income
- $3.0 million
- Spending
- $2.0 million
- Spent on programs
- 93%
- Reserves
- 100.9 months of spending
- Largest source of income
- donations and private grants, 48%
- Employees
- 0
- Volunteers
- 30
- Highest pay
- $224,646, board member
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100.
Reserves
35 of 35Spendable reserves would cover 100.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 32% of income.
Income trend
5 of 15Income fell 23% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100.
Independent board
25 of 2534 of 34 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.9 million spent. SCHOLARHIPS AWARDED AND TUITION AND BOOK ASSISTANCE PROVIDED TO NEW RIVER COMMUNITY COLLEGE STUDENTS, FACULTY, AND STAFF. THE EXPENSE TOTALS DO NOT INCLUDE THE VALUE OF DONATED STAFF OF 60,000 AND DONATED FACILITIES OF 2,460.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1981.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.