Overview
What is California Baptist University Foundation?
The California Baptist University Foundation is a nonprofit organization that plays a crucial role in supporting California Baptist University. Its primary function involves securing donations, owning property, and managing the income derived from these assets. The foundation then transfers the net income to the university, underscoring its unwavering commitment to California Baptist University's well-being. Essentially, the California Baptist University Foundation serves as a financial backbone, aiding the university in its operations and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
California Baptist University Foundation has received a low rating of 50%, categorized as a One-Star out of Four Stars charity. This rating is derived entirely from its Accountability & Finance metrics, indicating significant areas of concern in its governance and transparency practices. The organization scored particularly poorly in aspects such as board independence and the availability of essential policies and documents, leading to substantial deductions in their overall score.
One notable strength of the foundation is its program expense ratio, which is exceptionally high at 99.98%. This suggests that nearly all of its expenditures are directed towards its programs, indicating a strong commitment to its mission. However, this focus on program spending is overshadowed by serious weaknesses in governance practices, including a lack of independent board members and missing policies related to conflicts of interest and whistleblower protections.
The absence of critical documents, such as board meeting minutes and the foundation's tax form on its website, further compounds the organization's transparency issues. These limitations highlight the need for the California Baptist University Foundation to improve its governance structures and public accountability to foster greater trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is California Baptist University Foundation legitimate?
California Baptist University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Baptist University 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
What is the mission statement of California Baptist University Foundation?
The California Baptist University Foundation's primary role is to assist California Baptist University. It achieves this by securing contributions and managing property-related income. The foundation then transfers the net income to the university, after deducting any expenses. In essence, its mission is to support California Baptist University financially, contributing to its overall operation and growth.
Who is the CEO of California Baptist University Foundation?
Mark Howe is the Ceo of California Baptist University Foundation. The CEO's salary of California Baptist University Foundation is $0 and their total compensation is $335,824.
What is the revenue of California Baptist University Foundation?
California Baptist University Foundation's revenue in 2022 was $4,197.
Who are the executives of California Baptist University Foundation and what are their salaries?
There 1 volunteer at California Baptist University Foundation.
Here are 3 key members and their salaries (California Baptist University Foundation's CEO's salary is $0 and their total compensation is $335,824):
- Compensation: $0
- Related: $294,831
- Other: $40,993
- Compensation: $0
- Related: $421,250
- Other: $58,081
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for California Baptist University Foundation?
California Baptist University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of California Baptist University Foundation
The California Baptist University Foundation is dedicated to supporting California Baptist University. In this role, the foundation seeks to acquire contributions from various sources and manages these donations effectively. It holds title to any property related to the university and collects income generated from these assets. The foundation's primary objective is to then transfer the entirety of these funds, after deducting any necessary expenses, to California Baptist University. In essence, the California Baptist University Foundation serves as a crucial financial backbone, facilitating the university's growth and development by securing and managing its resources.
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Impact
October, 2024
The California Baptist University Foundation plays a vital role in enhancing the resources available to California Baptist University. By acquiring contributions and managing property, the foundation ensures a steady stream of income that directly supports the university's programs and initiatives. This financial backing enables California Baptist University to provide quality education, expand facilities, and enhance student services. The foundation's efforts help foster a vibrant learning environment while promoting growth and innovation within the university, ultimately benefiting both current and prospective students in Riverside, CA.
This information is meant to be a general summary of California Baptist University 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 2022.
- Investment Income: $4,197
- Gross Receipts: $20,815
Assets and Liabilities:
- Total Assets: $532,872
- Total Liabilities: $400,003
- Net Assets: $132,869
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Organization Details
Founding Year
1985
Phone
(951) 343-4239Principal Officer
Mark Howe
Main Address
8432 MAGNOLIA AVE, RIVERSIDE, CA, 92504
NTEE Category
Code: B42I - Education
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