Golden State Ch Cmaa Fdn

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237123870 ✦ Newport beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Golden State Ch Cmaa Fdn?

Golden State CH CMAA Foundation is a nonprofit organization dedicated to supporting individuals pursuing careers in the hospitality field. Their primary mission is to offer scholarships and grants, fostering education and training in hospitality management operations. By providing financial assistance and resources, they aim to encourage and empower students in their studies related to hospitality management. Through scholarships and educational aid, they contribute to the growth and development of the hospitality industry, ultimately strengthening its workforce.


Official website here: www.thegsc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36% (Zero-Star out of Four Star Rating)

The Golden State Ch Cmaa Foundation has received a low score of 36% from Charity Navigator, resulting in a Zero-Star rating. This score is primarily based on a single accountability and finance beacon. While the organization demonstrates strengths in governance, such as having a majority independent board and no material diversion of assets, it fails to meet several critical accountability standards, which significantly impacts its overall rating.

Strengths include a fully independent board composed of nine members and a well-documented record of board meeting minutes. Additionally, the organization's website lists essential tax forms, indicating transparency in some areas. However, the lack of key policies, such as a conflict of interest policy and whistleblower protections, detracts from its accountability metrics.

Furthermore, the foundation's financial ratios raise concerns. A program expense ratio of only 47.04% suggests that less than half of its expenses are directed towards its mission, while a liabilities to assets ratio of 27.48% indicates potential financial strain. These limitations highlight the need for improvement in both financial management and policy implementation to enhance overall accountability and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Golden State Ch Cmaa Fdn legitimate?

Golden State Ch Cmaa Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden State Ch Cmaa Fdn 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.thegsc.org

What is the mission statement of Golden State Ch Cmaa Fdn?

The Golden State Ch Cmaa Foundation's mission is centered around providing scholarships and grants to individuals pursuing careers in the hospitality field. Their primary goal is to support and encourage education and career training in the management of hospitality operations. The foundation offers financial aid in the form of scholarships and educational assistance to those seeking a career in hospitality management. Their initiatives are aimed at fostering growth and development in the hospitality sector through education.


Official website here: www.thegsc.org

Who is the CEO of Golden State Ch Cmaa Fdn?

Crystal Thomas is the Pres of Golden State Ch Cmaa Fdn.


Official website here: www.thegsc.org

What is the revenue of Golden State Ch Cmaa Fdn?

Golden State Ch Cmaa Fdn's revenue in 2022 was $41,705.


Official website here: www.thegsc.org

Who are the executives of Golden State Ch Cmaa Fdn and what are their salaries?


Here are 9 key members and their salaries:


J Tanner (Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Reno (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Surdy (Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Muniz-Trboljevac (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Heyn (Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Hale (Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Thomas (Managing Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Narozonick (Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
I Wilson (Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thegsc.org

Where can I find the form 990 for Golden State Ch Cmaa Fdn?

Golden State Ch Cmaa Fdn's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thegsc.org

Learn more at the official website: www.thegsc.org

Mission Statement of Golden State Ch Cmaa Fdn

Golden State CMAA Foundation, as its name suggests, is a nonprofit organization with a mission centered around scholarship and grants in the field of hospitality studies. Its primary objective is to encourage and support individuals pursuing careers in hospitality management. The foundation provides scholarships and educational assistance to these individuals, aiming to foster their growth in the management of hospitality operations. By offering scholarships and grants, Golden State CMAA Foundation plays a vital role in promoting hospitality education, thereby contributing to the development of skilled professionals in this sector.

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Impact




August, 2024

Golden State Ch Cmaa Fdn's impact is significant in the field of hospitality education. The organization awards scholarships and grants to individuals pursuing careers in the hospitality industry, encouraging and supporting career training and education in hospitality operations. Through their efforts, they provide essential financial assistance to students seeking to advance their education and careers in hospitality management, ultimately contributing to the development of skilled professionals in this industry. Their focus on education and support for hospitality studies is valuable in nurturing talent and promoting excellence within the field.




This information is meant to be a general summary of Golden State Ch Cmaa Fdn. 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.

Revenue
$41,705 (2022)
Expenses
$100,651 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,878
  • Gross Receipts: $41,705

Assets and Liabilities:

  • Total Assets: $669,371
  • Total Liabilities: $183,992
  • Net Assets: $485,379

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Organization Details

Founding Year

1971

Principal Officer

Crystal Thomas

Main Address

1048 IRVINE AVE 775, NEWPORT BEACH, CA, 92660

NTEE Category

Code: B82 - Education

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