Overview
What is Venice High School Foundation Fka Venice High Alumni Association?
Venice High School Foundation Fka Venice High Alumni Association is a nonprofit organization situated in Los Angeles, California, specifically at 2435 Walgrove Blvd, CA 90066. Their primary objectives include raising scholarship funds, fostering communication with their membership base, providing support to the school, and maintaining the Myrna Loy Statue. Through these activities, they aim to promote alumni engagement and contribute to the betterment of their alma mater. The organization publishes a quarterly newsletter to keep its members informed and engaged.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
The Venice High School Foundation, formerly known as the Venice High Alumni Association, has received a 0-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization scored only 30% overall, reflecting major deficiencies in several key areas, despite having a fully independent board and no diversion of assets reported.
Strengths include a completely independent board and an adequate board size, both receiving perfect scores. However, the foundation's weaknesses are pronounced, with missing policies and documentation that are critical for ensuring transparency and proper governance. These include the absence of a conflict of interest policy, whistleblower policy, and board meeting minutes, which collectively contribute to its low score.
Furthermore, the program expense ratio is relatively low at 42.25%, raising concerns about the efficiency of fund allocation. The lack of accessible financial documents on its website, including tax forms, further exacerbates transparency issues. Overall, potential donors and stakeholders should be cautious and consider these factors when evaluating the foundation's performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Venice High School Foundation Fka Venice High Alumni Association legitimate?
Venice High School Foundation Fka Venice High Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venice High School Foundation Fka Venice High Alumni Association 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.
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What is the mission statement of Venice High School Foundation Fka Venice High Alumni Association?
The Venice High School Foundation, formerly known as the Venice High Alumni Association, is dedicated to several key objectives. Primarily, it focuses on raising scholarship funds to support deserving students. Additionally, the foundation fosters communication within its membership base. Beyond this, it offers support to the school and maintains the Myrna Loy statue as a point of pride and connection for the alumni community. To keep its members engaged, the foundation publishes a quarterly newsletter and promotes various alumni activities.
What is the revenue of Venice High School Foundation Fka Venice High Alumni Association?
Venice High School Foundation Fka Venice High Alumni Association's revenue in 2024 was $70,925.
Who are the executives of Venice High School Foundation Fka Venice High Alumni Association and what are their salaries?
Here are 20 key members and their salaries:
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Where can I find the form 990 for Venice High School Foundation Fka Venice High Alumni Association?
Venice High School Foundation Fka Venice High Alumni Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Venice High School Foundation Fka Venice High Alumni Association
The Venice High School Foundation, formerly known as the Venice High Alumni Association, is dedicated to a multifaceted mission. Central to this mission is the raising of scholarship funds, aimed at providing financial assistance to deserving students. Beyond this, the organization also prioritizes communication with its membership base, fostering a sense of community and engagement among alumni.
In addition to scholarship funds and membership outreach, the Venice High School Foundation is committed to supporting its alma mater directly. This could involve various initiatives, from organizing events to providing essential resources. Furthermore, the organization plays a role in maintaining the Myrna Loy Statue, a symbol of Venice High School's history and heritage. The Foundation's activities are documented and shared with its members through the publication of a quarterly newsletter, promoting alumni events and achievements.
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Impact
October, 2024
The Venice High School Foundation, formerly known as the Venice High Alumni Association, makes a significant impact by raising scholarship funds to support students in their educational pursuits. Through effective communication with its membership, the Foundation fosters a strong sense of community among alumni, encouraging engagement and participation in various activities.
By publishing a quarterly newsletter, the Foundation keeps members informed about school events, alumni achievements, and ways to get involved, strengthening bonds within the community. The Foundation also plays a crucial role in supporting the school directly, ensuring that students have access to the resources they need to succeed.
Additionally, the maintenance of the Myrna Loy statue serves not only as a tribute to the school's history but also as a focal point for pride and remembrance among alumni and current students alike. Overall, the Foundation's efforts in scholarship fundraising, community engagement, and school support contribute significantly to enhancing the educational experience at Venice High School.
This information is meant to be a general summary of Venice High School Foundation Fka Venice High Alumni Association. 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 2024.
- Investment Income: $58
- Program Service Revenue: $59,832
- Gross Receipts: $75,508
Assets and Liabilities:
- Total Assets: $259,579
- Total Liabilities: $0
- Net Assets: $259,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$1,955
Membership Dues & Assessments
Revenue
$57,877
Organization Details
Founding Year
1957
Principal Officer
Colleen Rockey
NTEE Category
Code: B84Z - Education
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