Overview
What is Cuesta College Foundation?
Cuesta College Foundation is a nonprofit organization situated in San Luis Obispo, California. Their primary mission is to enhance the quality of education at Cuesta College by engaging the local community and accumulating philanthropic resources. These resources are then utilized to strengthen various college programs, offer educational opportunities, and empower students to achieve success. The foundation manages and distributes funds to support instructional materials and various college initiatives, thereby contributing to the overall growth and development of the institution.
Official website here: www.cuesta.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The Cuesta College Foundation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in its operations. With a strong Accountability & Finance score of 96 and significant constituent feedback metrics, the foundation exemplifies best practices in financial management and community engagement. Its low liabilities to assets ratio of 3.30% and a working capital ratio of 15.68 years suggest a robust financial position.
The foundation's Program Expense Ratio of 68.53% reflects a commitment to directing funds towards its programs, which is a positive indicator of its operational effectiveness. Additionally, the organization's fundraising efficiency ratio of $0.08 demonstrates a strong ability to maintain low costs in fundraising efforts, maximizing the impact of donations received.
However, while the foundation excels in many areas, its Culture & Community score of 89 and Equity Strategies score of 83 indicate room for improvement. These scores suggest potential opportunities for the organization to enhance its community presence and address equity concerns more comprehensively. Overall, the Cuesta College Foundation is positioned as a reliable nonprofit with a strong track record in serving its community and managing resources effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Cuesta College Foundation legitimate?
Cuesta College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cuesta College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cuesta.edu
What is the mission statement of Cuesta College Foundation?
The Cuesta College Foundation's mission is to enhance the quality of education at Cuesta College by engaging the community and cultivating philanthropic resources. The funds raised and managed by the foundation serve to strengthen college programs, offer educational opportunities, and empower students to succeed. The foundation's activities primarily involve providing financial support to college departments for instructional materials and the upkeep of various college programs.
Official website here: www.cuesta.edu
What is the revenue of Cuesta College Foundation?
Cuesta College Foundation's revenue in 2024 was $4,152,913.
Official website here: www.cuesta.edu
Who are the executives of Cuesta College Foundation and what are their salaries?
There 120 volunteers at Cuesta College Foundation.
Here are 47 key members and their salaries:
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- Related: $225,193
- Other: $74,263
Official website here: www.cuesta.edu
Where can I find the form 990 for Cuesta College Foundation?
Cuesta College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cuesta.edu
Learn more at the official website: www.cuesta.edu
Mission Statement of Cuesta College Foundation
Cuesta College Foundation, a nonprofit organization, is dedicated to enhancing the excellence of Cuesta College by engaging the community and establishing philanthropic resources. The funds raised and managed by this foundation strengthen various college programs, offer educational opportunities, and empower students to succeed. By doing so, the Cuesta College Foundation plays a significant role in supporting the college's mission.
In more detail, the Cuesta College Foundation's mission is to engage the community and raise philanthropic funds. These funds are then utilized to strengthen the college's programs, providing educational opportunities that empower students to excel. By investing in the college's programs and resources, the foundation enables students to achieve their academic goals and ultimately, succeed in their chosen fields. This nonprofit organization is committed to fostering a supportive environment for students, ensuring they have access to the necessary tools and resources to achieve their full potential.
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Impact
October, 2024
The Cuesta College Foundation plays a pivotal role in enhancing the educational landscape of Cuesta College and the surrounding community. By actively engaging with local residents and fostering philanthropic support, the foundation raises essential funds that directly strengthen college programs. These resources are allocated for instructional materials and various departmental needs, ensuring that students receive a high-quality educational experience.
The impact of the foundation is evident in its commitment to providing diverse educational opportunities that empower students to succeed academically and personally. By investing in the college's mission, the Cuesta College Foundation not only enriches academic programs but also supports the aspirations of students, helping them reach their goals and contribute to the community at large.
This information is meant to be a general summary of Cuesta College 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 2024.
- Investment Income: $1,289,004
- Gross Receipts: $6,192,417
Assets and Liabilities:
- Total Assets: $44,331,740
- Total Liabilities: $1,496,827
- Net Assets: $42,834,913
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Organization Details
Founding Year
1973
Principal Officer
Shannon Hill
Website
www.cuesta.eduNTEE Category
Code: B42I - Education
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