Overview
What is California Maritime Academy Foundation Inc?
The California Maritime Academy Foundation Inc is a nonprofit organization located at 200 Maritime Academy Drive in Vallejo, California. Its primary mission is to raise funds for scholarships and support the academic and student programs at the California Maritime Academy. By collaborating with faculty, alumni, parents, donors, and students, the foundation aims to expand the academy's community and involve all those invested in its past, present, and future. The foundation's responsibilities include fundraising, donor relations, alumni affairs, legislative affairs, and database management.
Official website here: www.csum.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The California Maritime Academy Foundation Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of transparency and accountability in its operations. With a perfect score for Accountability & Finance, the organization demonstrates strong financial health and effective management practices, which are essential for building trust with donors and stakeholders.
One of the key strengths noted is the board's independence, with 78% of board members being independent, which helps ensure unbiased decision-making. The organization also has robust oversight mechanisms in place, including an audit and oversight committee, and policies such as conflict of interest and whistleblower protection, all of which contribute to its strong governance structure.
The foundation shows a commendable program expense ratio of 92.81%, indicating that the vast majority of its funds are directed toward its programs rather than administrative costs. However, while the financial ratios indicate stability and efficiency, the specific programs and their impacts would require further exploration for a comprehensive understanding of the foundation's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is California Maritime Academy Foundation Inc legitimate?
California Maritime Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Maritime Academy Foundation Inc 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.csum.edu
What is the mission statement of California Maritime Academy Foundation Inc?
The California Maritime Academy Foundation Inc fosters connections between the academy, its faculty, alumni, parents, donors, and students. Their goal is to expand the California Maritime community, welcoming all those invested in its history and current endeavors. The foundation's responsibilities encompass fundraising, managing donor relations, overseeing alumni affairs, dealing with legislative matters, and maintaining a fundraising database. Through these efforts, they support scholarships, academic and student programs, and the academy's endowment.
Official website here: www.csum.edu
Who is the CEO of California Maritime Academy Foundation Inc?
Franz Lozano is the President, Csu Cma of California Maritime Academy Foundation Inc.
Official website here: www.csum.edu
What is the revenue of California Maritime Academy Foundation Inc?
California Maritime Academy Foundation Inc's revenue in 2022 was $17,456,743.
Official website here: www.csum.edu
Who are the executives of California Maritime Academy Foundation Inc and what are their salaries?
There 24 volunteers at California Maritime Academy Foundation Inc.
Here are 31 key members and their salaries:
- Compensation: $0
- Related: $291,324
- Other: $107,120
- Compensation: $0
- Related: $230,004
- Other: $61,160
- Compensation: $0
- Related: $217,655
- Other: $83,577
- Compensation: $0
- Related: $204,996
- Other: $63,177
- Compensation: $0
- Related: $175,104
- Other: $71,869
- Compensation: $0
- Related: $127,392
- Other: $62,872
- Compensation: $0
- Related: $68,734
- Other: $33,097
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $175,000
- Other: $36,000
- 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
- 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
- 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
- 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
Official website here: www.csum.edu
Where can I find the form 990 for California Maritime Academy Foundation Inc?
California Maritime Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csum.edu
Learn more at the official website: www.csum.edu
Mission Statement of California Maritime Academy Foundation Inc
The California Maritime Academy Foundation Inc is dedicated to expanding the California Maritime community, engaging faculty, alumni, parents, donors, and students in the process. With responsibilities in fundraising, donor relations, alumni affairs, legislative affairs, and fundraising database management, this organization works tirelessly to support the academic and student programs and build the endowment of the California Maritime Academy.
Through their various initiatives, the California Maritime Academy Foundation Inc seeks to involve all those with a stake in the institution's past, present, and future. The foundation's activities are centered around raising funds for scholarships and academic programs, ensuring the continued success of the California Maritime Academy. By leveraging the support of its faculty, alumni, parents, donors, and students, this organization plays a vital role in the growth and development of the institution.
Moreover, the California Maritime Academy Foundation Inc manages the fundraising and donor relations functions, fostering strong relationships with supporters to ensure the sustainability of the California Maritime Academy's mission. Additionally, the organization's alumni affairs program helps keep graduates connected to their alma mater, maintaining a strong network of supporters and advocates for the institution. The legislative affairs role allows the foundation to represent the interests of the California Maritime Academy in political arenas, ensuring the institution's voice is heard on important issues. Lastly, the foundation's fundraising database management ensures that fundraising efforts are effective and efficient, enabling the California Maritime Academy to continue its important work.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
California Maritime Academy Foundation Inc significantly enhances the educational landscape and community engagement at California Maritime Academy by fostering connections among faculty, alumni, parents, donors, and students. Its efforts focus on broadening the community base to include all stakeholders invested in the institution's legacy and future.
The foundation is vital in securing financial resources through fundraising initiatives aimed at scholarships and supporting various academic and student programs. This financial backing not only alleviates the burden on students and their families but also strengthens the institution's academic offerings.
By managing donor relations and alumni affairs, the foundation cultivates lasting relationships that encourage continued investment in the academy’s mission. Legislative affairs activities ensure that the foundation plays a proactive role in advocating for the academy’s interests, promoting its objectives within the broader educational and legislative landscape.
Overall, the foundation's impact is measurable in how it enriches student experiences, bolsters academic excellence, and builds a sustainable and engaged community around California Maritime Academy.
This information is meant to be a general summary of California Maritime Academy Foundation Inc. 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: $115,130
- Program Service Revenue: $6,609,059
- Gross Receipts: $19,648,752
Assets and Liabilities:
- Total Assets: $42,390,732
- Total Liabilities: $6,952,483
- Net Assets: $35,438,249
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VESSEL LEASE REVENUE
Revenue
$6,355,950
MANAGEMENT FEE
Revenue
$253,109
Organization Details
Founding Year
1972
Phone
(707) 654-1085Principal Officer
Franz Lozano
Main Address
200 MARITIME ACADEMY DRIVE, VALLEJO, CA, 94590
Website
www.csum.eduNTEE Category
Code: B42I - Education
If you are a representative of California Maritime Academy Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.