Overview
What is Loma Public Education Fund?
Loma Public Education Fund is a nonprofit organization situated in Los Gatos, California, with the postal address 23800 Summit Road, CA 95033. Their primary objective is to improve the educational experience of students in the Loma Prieta Joint Union School District. They accomplish this by conducting fundraising events and special functions, generating funds that are subsequently allocated as targeted grants to the school district. These grants support an array of educational programs within the district.
Official website here: www.lpef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 61%)
The Loma Public Education Fund has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in several key areas. With an overall score of 61%, the fund has demonstrated strengths in certain governance aspects, such as having a fully independent board and properly documenting board meeting minutes. However, the lack of essential policies and transparency measures has impacted its overall rating.
Despite a commendable program expense ratio of 99.77%, which reflects a strong commitment to deploying funds towards its mission, the organization has critical gaps in its accountability and financial practices. Notably, the absence of a conflict of interest policy, whistleblower policy, and proper document retention procedures have all contributed to its low accountability score. Additionally, the high liabilities to assets ratio of 97.26% raises concerns about the organization's financial health.
To enhance its rating and public trust, the Loma Public Education Fund should prioritize establishing the missing policies and improving its financial transparency. Addressing these shortcomings could significantly increase confidence among stakeholders and supporters, ultimately enabling the organization to further its educational mission more effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Loma Public Education Fund?
Loma Public Education Fund has received positive remarks from its initial reviewers on Facebook, highlighting the effective efforts of its dedicated volunteers. This organization stands out for its commitment to making a significant difference in the educational experiences of hundreds of children.
Reviewers express admiration for the hard work and care exhibited by the volunteers, suggesting that their contributions leave a lasting impact on the children's lives. The overwhelming sentiment reflects a strong belief in the organization's mission and the positive role it plays in the community.
Overall, it is clear that the Loma Public Education Fund is seen as a valuable resource for local education, fostering an environment where children's learning and development can thrive thanks to the caring efforts of its volunteers.
This AI summary has been generated from reviews found on Facebook.
Is Loma Public Education Fund legitimate?
Loma Public Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loma Public Education Fund 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
Official website here: www.lpef.org
What is the mission statement of Loma Public Education Fund?
The Loma Public Education Fund's mission is centered around enhancing the educational experience for students in the Loma Prieta Joint Union School District. They achieve this by raising funds primarily through special events. The collected funds are then allocated as specific grants to the district, supporting various educational programs. The organization plays a significant role in augmenting the educational resources available to students in the district.
Official website here: www.lpef.org
Who is the CEO of Loma Public Education Fund?
Lauren Gallagher is the President of Loma Public Education Fund.
Official website here: www.lpef.org
What is the revenue of Loma Public Education Fund?
Loma Public Education Fund's revenue in 2022 was $500,000.
Official website here: www.lpef.org
Who are the executives of Loma Public Education Fund and what are their salaries?
There 40 volunteers at Loma Public Education Fund.
Here are 12 key members and their salaries:
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Official website here: www.lpef.org
Where can I find the form 990 for Loma Public Education Fund?
Loma Public Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpef.org
Learn more at the official website: www.lpef.org
Mission Statement of Loma Public Education Fund
Loma Public Education Fund, a nonprofit organization, is committed to enhancing the educational experience for students in the Loma Prieta Joint Union School District. Their primary mission is to raise funds through special events and various activities. These collected funds serve as a significant source of income for the organization. Subsequently, they are dispensed as specific grants to the Loma Prieta Joint Union School District, which in turn, supports a variety of educational programs within the district. The organization's mission is instrumental in empowering students with enriching educational experiences.
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Impact
July, 2024
Loma Public Education Fund enhances the education experience for students in the Loma Prieta Joint Union School District by raising funds through various activities and events. These funds are then awarded as specific grants to the district, supporting various programs aimed at enriching the learning environment for students. The organization's impact lies in its ability to provide financial support that directly benefits students and enhances the overall educational experience within the district.
This information is meant to be a general summary of Loma Public Education Fund. 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: $26
- Gross Receipts: $555,806
Assets and Liabilities:
- Total Assets: $872,140
- Total Liabilities: $850,040
- Net Assets: $22,100
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Organization Details
Founding Year
2002
Phone
(408) 930-3822Principal Officer
Lauren Gallagher
Main Address
23800 Summit Road, Los Gatos, CA, 95033
Website
www.lpef.orgNTEE Category
Code: B12 - Education
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