Overview
What is East Palo Alto Academy Foundation?
East Palo Alto Academy Foundation is a nonprofit organization based in Palo Alto, California, primarily dedicated to supporting East Palo Alto Academy, a public charter school. The foundation funds various programs and services for the high school, including early college courses, a maker space for hands-on STEM learning, and wraparound services for students' mental health and academic readiness. Additionally, it provides college scholarship funds for selected undergraduate students who have graduated from East Palo Alto Academy. The high school serves around 343 students, predominantly Latino/A/X, African-American, Pacific Islanders, and White. Approximately 75% of the students are English language learners, and a significant number are first-generation college students. The nonprofit's mission is to disrupt the cycle of poverty and positively impact the lives of its students and the community at large.
Official website here: www.epaaf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The East Palo Alto Academy Foundation has received a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance, with a score of 96. The organization benefits from a fully independent board of directors, ensuring impartial oversight. The foundation demonstrates financial health with a low liabilities to assets ratio of 13.86%, indicating effective management of its financial obligations.
In terms of program expenses, the foundation allocates over 82% of its budget to programs, which reflects its commitment to fulfilling its mission. The evaluation also notes that the foundation has robust policies in place regarding conflict of interest, whistleblower protection, and document retention, contributing to a transparent operational framework. Additionally, it achieved full marks in areas related to audit oversight and material diversion of assets.
However, a notable limitation is the absence of the tax form on the nonprofit's website, which could enhance transparency for potential donors and stakeholders. Despite this, the foundation's strong ratings in culture, community engagement, and equity strategies position it as a reputable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is East Palo Alto Academy Foundation legitimate?
East Palo Alto Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Palo Alto Academy Foundation 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: $152,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,597
For more financial information, click here
Official website here: www.epaaf.org
What is the mission statement of East Palo Alto Academy Foundation?
The East Palo Alto Academy Foundation's mission is to advocate for and support the students and college-attending graduates of East Palo Alto Academy, a charter school. Their objective is to raise funds and provide direct services to disrupt the cycle of poverty and positively impact the trajectory of these students. They aim to equip students and their families with the necessary resources, including knowledge, skills, and passion, to positively influence their lives, community, and society at large. The foundation's activities are geared towards benefiting these students, with a focus on providing scholarships and resources to aid their academic and personal growth.
Official website here: www.epaaf.org
Who is the CEO of East Palo Alto Academy Foundation?
Kathryn Hyle is the Executive Director (Thru 10/31/22) of East Palo Alto Academy Foundation.
Official website here: www.epaaf.org
What is the revenue of East Palo Alto Academy Foundation?
East Palo Alto Academy Foundation's revenue in 2022 was $1,965,599.
Official website here: www.epaaf.org
Who are the executives of East Palo Alto Academy Foundation and what are their salaries?
The average compensation at East Palo Alto Academy Foundation during 2022 was $46,610. There are 7 employees and 75 volunteers at East Palo Alto Academy Foundation.
Here are 11 key members and their salaries:
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Official website here: www.epaaf.org
Where can I find the form 990 for East Palo Alto Academy Foundation?
East Palo Alto Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.epaaf.org
Learn more at the official website: www.epaaf.org
Mission Statement of East Palo Alto Academy Foundation
The East Palo Alto Academy Foundation is committed to advocating for, advancing, and raising funds to benefit the students and college-attending graduates of East Palo Alto Academy. This nonprofit organization, which operates as a charter school under the Sequoia Union High School District, has a mission to disrupt the cycle of poverty and change the trajectory of its students. To achieve this, the foundation provides resources necessary to support students and their families as they build the knowledge, skills, and passion to positively impact their own lives, their community, and society at large. The East Palo Alto Academy Foundation's programs and resources are aimed at empowering these students to break the cycle of poverty and create a better future for themselves.
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Impact
October, 2024
East Palo Alto Academy Foundation significantly impacts the educational landscape for students at East Palo Alto Academy by funding essential direct services and providing college scholarships. Since its establishment in 2014, the foundation has facilitated early college courses, enabling students to earn college credits while attending high school. This initiative directly supports their academic progression and prepares them for higher education.
The foundation also enhances the learning environment through innovative programs like the Dream Lab, a dedicated makerspace for STEM learning. This space fosters creative problem-solving and communication skills, equipping students with the tools they need for success in a rapidly evolving world. Additionally, wraparound services addressing students' mental health and readiness to learn ensure that they are supported holistically, which is crucial for their overall development.
With a student population that is predominantly Latino/a/x and with a high percentage of first-generation college students, the foundation plays a crucial role in disrupting the cycle of poverty in the East Palo Alto community. An impressive average graduation rate of 92% and a college enrollment rate of over 73% reflect the foundation's commitment to nurturing students' aspirations and helping them achieve their goals.
Furthermore, through targeted college scholarship programs, the foundation assists graduates in their pursuit of higher education, creating a pathway for future success. By advocating for and providing resources to these students, East Palo Alto Academy Foundation is effectively changing the trajectory of lives, empowering individuals to make positive impacts within their community and beyond.
This information is meant to be a general summary of East Palo Alto Academy Foundation. 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: $6,912
- Gross Receipts: $1,965,599
Assets and Liabilities:
- Total Assets: $3,814,531
- Total Liabilities: $531,620
- Net Assets: $3,282,911
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Organization Details
Founding Year
2005
Phone
(650) 200-3530Principal Officer
Kathryn Hyle
Main Address
PO BOX 50803, PALO ALTO, CA, 943030667
Website
www.epaaf.orgNTEE Category
Code: B20 - Education
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