Overview
What is Gamla College?
Gamla College is a two-year educational institution situated in Brooklyn, New York, with the postal address 1213 ELM AVE. Established in 1995 under the state's education laws, it was granted college status by the NYS Board of Regents. The college, employing a team of five dedicated individuals, offers its students the opportunity to pursue an associate degree. While the specific programs and initiatives provided by Gamla College are not mentioned in the information, it is recognized as a nonprofit educational institution dedicated to advancing knowledge and skills through higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30%
Gamla College has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The score is primarily based on a lack of essential policies and transparency measures, which are crucial for donor trust and organizational integrity. The overall score reflects a heavy reliance on the Accountability & Finance beacon, where it scored only 30%.
The organization boasts a fully independent board, with 10 out of 10 points for having solely independent members and a suitable board size. However, this strength is overshadowed by serious shortcomings, including the absence of a conflict of interest policy, whistleblower policy, and document retention policies, all of which contributed to its poor rating.
Additionally, Gamla College's financial management raises red flags, as indicated by a program expense ratio of just 2.68% and liabilities that far exceed its assets. These metrics suggest limited funds are allocated to program activities, which may hinder the organization's ability to fulfill its mission effectively. Overall, potential donors are encouraged to approach with caution due to these significant accountability issues.
This AI summary has been generated from information found on Charity Navigator.
Is Gamla College legitimate?
Gamla College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gamla College 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: $51,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,800
For more financial information, click here
What is the mission statement of Gamla College?
Gamla College was established in July 1995, falling under the educational regulations of New York State. It was granted the status of a college by the New York State Board of Regents. As a two-year institution, Gamla College is authorized to award associate degrees. The organization's primary focus, as per its establishment and recognition, is to provide educational opportunities, culminating in an associate degree.
Who is the CEO of Gamla College?
Unavailable
What is the revenue of Gamla College?
Gamla College's revenue in 2022 was $41,630.
Who are the executives of Gamla College and what are their salaries?
The average compensation at Gamla College during 2022 was $15,960. There are 5 employees at Gamla College.
Here are 8 key members and their salaries:
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gamla College?
Gamla College's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gamla College
Gamla College, established in July 1995 under the education laws of New York State, was granted recognition as a college by the NYS Board of Regents. With this recognition, Gamla College was qualified to award Associate Degrees. The organization's mission, as outlined, is to function as a two-year college, offering educational opportunities leading to such degrees.
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Impact
August, 2024
Gamla College, based in Brooklyn, NY, has a significant impact on the education sector by providing opportunities for students to earn an associate degree. By offering a two-year college program, Gamla College plays a crucial role in facilitating higher education access and success for individuals in the community. Its recognition by the NYS Board of Regents highlights its commitment to academic excellence and quality education. Through its mission to provide educational opportunities, Gamla College contributes to the personal and professional growth of its students, empowering them to achieve their academic goals and pursue successful careers.
This information is meant to be a general summary of Gamla College. 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.
- Gross Receipts: $63,600
Assets and Liabilities:
- Total Assets: $916,069
- Total Liabilities: $7,800
- Net Assets: $908,269
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Organization Details
Main Address
1213 ELM AVE, BROOKLYN, NY, 11230
NTEE Category
Code: B41Z - Education
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