Overview
What is Mammoth Mountain Community Foundation Inc?
Mammoth Mountain Community Foundation Inc is a nonprofit organization situated in Mammoth Lakes, California. Their primary mission is to empower local children by offering financial aid to the Mammoth Unified School District, enriching existing programs, institutions, and facilities. This includes funding for new initiatives, positions, technology, and improvements. The school district, nestled in the Eastern Sierra Nevada Mountains, serves around 1,200 students across four schools and an independent study center, utilizing both physical and virtual learning methods. The nonprofit's support amplifies state funding and ensures a level of excellence in education. Moreover, high school students can apply for college scholarships through this program, with 22 scholarships worth $32,000 awarded last year. In line with their mission, Mammoth Mountain Community Foundation strives to make opportunities and access to the Eastern Sierra available and inclusive for all, inspiring future generations to cherish the mountains.
Official website here: www.mammothfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star Rating
Mammoth Mountain Community Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The foundation demonstrates strengths in board independence and governance, with 57% of its board members being independent and a complete set of policies in place, such as conflict of interest and whistleblower protections. The organization has also shown a solid financial structure with a liabilities to assets ratio of 12.21%, signaling a manageable level of debt.
However, the foundation's financial reporting lacks clarity, as it did not provide financial statements, resulting in a low score in that category. This absence limits the overall transparency of the organization's financial health, which is important for potential donors and supporters. Additionally, while the program expense ratio stands at 59.46%, suggesting that a majority of expenses are directed toward programs, there is still room for improvement in financial efficiency.
Overall, while Mammoth Mountain Community Foundation Inc has established a solid governance framework and appears to manage its liabilities well, the lack of financial documentation raises concerns about its transparency and accountability to the public. Prospective donors may want to consider these factors when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is Mammoth Mountain Community Foundation Inc legitimate?
Mammoth Mountain Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mammoth Mountain Community 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: $271,348
For more financial information, click here
Official website here: www.mammothfoundation.org
What is the mission statement of Mammoth Mountain Community Foundation Inc?
The Mammoth Mountain Community Foundation aims to promote an open and inclusive environment for all, focusing on the Eastern Sierra. They achieve this by financially supporting youth academic and athletic programs in the region. This financial support helps inspire the next generation to develop a love for their surroundings. By assisting local schools through funding, they enhance educational opportunities beyond the scope of state funding, enabling students to excel academically and apply for scholarships. In essence, the foundation's mission is to open doors for future generations in the Eastern Sierra through education and athletics.
Official website here: www.mammothfoundation.org
Who is the CEO of Mammoth Mountain Community Foundation Inc?
Mark Brownlie is the President of Mammoth Mountain Community Foundation Inc.
Official website here: www.mammothfoundation.org
What is the revenue of Mammoth Mountain Community Foundation Inc?
Mammoth Mountain Community Foundation Inc's revenue in 2022 was $1,236,068.
Official website here: www.mammothfoundation.org
Who are the executives of Mammoth Mountain Community Foundation Inc and what are their salaries?
The average compensation at Mammoth Mountain Community Foundation Inc during 2022 was $15,075. There are 18 employees and 25 volunteers at Mammoth Mountain Community Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.mammothfoundation.org
Where can I find the form 990 for Mammoth Mountain Community Foundation Inc?
Mammoth Mountain Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mammothfoundation.org
Learn more at the official website: www.mammothfoundation.org
Mission Statement of Mammoth Mountain Community Foundation Inc
Mammoth Mountain Community Foundation, in its mission, strives to ensure that opportunities and access to the surrounding region are accessible and inclusive for all. By financially backing youth academic and athletic programs in the Eastern Sierra, the organization aims to inspire future generations to cultivate a deep-rooted love for the mountains. Through its financial support, the foundation contributes to the existing institutions of the Mammoth Unified School District, which includes new programs, positions, technology, and facility enhancements. This additional funding serves to supplement state funding and propel the district towards a higher standard of excellence in education. Furthermore, high school students in this district benefit from the foundation's scholarship program, with scholarships awarded each year to deserving students, totaling an amount of $32,000. This commitment to education empowers youth in the region, fostering a sense of pride and connection with the mountains that surround them.
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Impact
October, 2024
Mammoth Mountain Community Foundation Inc has a significant impact on the Eastern Sierra by fostering educational and athletic opportunities for local youth. By providing financial support to the Mammoth Unified School District, the foundation enhances existing programs and initiatives, ensuring that students can reach their full academic potential. This support includes funding for new positions, technological advancements, and facility improvements, which enrich the educational landscape.
Additionally, the foundation awards college scholarships, exemplified by the distribution of $32,000 across 22 scholarships, empowering high school students to pursue higher education. This focus on youth development not only cultivates a love for the mountains but also promotes a sense of community and belonging among students. Overall, the foundation plays a crucial role in inspiring future generations to thrive academically, athletically, and socially in the beautiful Eastern Sierra region.
This information is meant to be a general summary of Mammoth Mountain Community 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: $116
- Gross Receipts: $2,044,881
Assets and Liabilities:
- Total Assets: $1,695,077
- Total Liabilities: $207,046
- Net Assets: $1,488,031
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Organization Details
Founding Year
2009
Principal Officer
Mark Brownlie
Main Address
PO Box 1475, Mammoth Lakes, CA, 93546
Website
www.mammothfoundation.orgNTEE Category
Code: O20 - Youth development
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