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Long Beach Education Foundation

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

EIN: 330357679 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Long Beach Education Foundation?

The Long Beach Education Foundation is a nonprofit organization situated in Long Beach, California, specifically at 1515 Hughes Way Suite 430. Its primary mission is to foster educational programs and services within the Long Beach Unified District. The foundation's flagship program, EDUCARE, is a comprehensive initiative that provides direct, intensive early education and care to children aged 0 to 5 years. The aim is to promote school readiness, reduce the achievement gap, and break the cycle of poverty by enhancing the social and cognitive development of enrolled children and their families through evidence-based education, health, nutritional, social, and other services. In addition, EDUCARE works to uplift surrounding communities and advocate for the adoption of high-quality early learning policies and practices throughout the region and state.


Official website here: www.lbschools.net/departments/educati

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the Long Beach Education Foundation's overall performance in the areas of accountability and finance. The score indicates that there are areas for improvement, particularly in governance and transparency.

One notable strength of the organization is its high program expense ratio of 90.55%, which suggests that a significant portion of its funds is directed toward its educational programs. Additionally, the foundation has received full marks for its financial statements audit and has no reported material diversion of assets, indicating a level of financial integrity.

However, there are several limitations to consider. The foundation lacks independent board members, which may raise concerns about governance and oversight. Furthermore, it is missing several key policies, including a whistleblower and document retention policy, and has not posted its tax form on the nonprofit's website. These gaps could impact the organization's overall transparency and accountability.


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

Is Long Beach Education Foundation legitimate?

Long Beach Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Beach Education 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.lbschools.net/departments/educati

What is the mission statement of Long Beach Education Foundation?

The Long Beach Education Foundation's mission is to foster the success of students within the Long Beach Unified School District. They accomplish this by recognizing excellence, supporting initiatives to enhance education, and aiding the district in enabling all students to learn and develop into responsible, productive members of society. One of their significant programs, EduCare, provides intensive early education and care to children, promoting school readiness, reducing achievement gaps, and breaking the cycle of poverty. This is achieved by offering evidence-based education, health, nutritional, social, and other services to enrolled children and their families. The foundation also aims to uplift surrounding communities and inspire the adoption of high-quality early learning policies and practices throughout the region and state.


Official website here: www.lbschools.net/departments/educati

Who is the CEO of Long Beach Education Foundation?

Renee M Arkus is the 1St Vice President of Long Beach Education Foundation.


Official website here: www.lbschools.net/departments/educati

What is the revenue of Long Beach Education Foundation?

Long Beach Education Foundation's revenue in 2022 was $1,338,378.


Official website here: www.lbschools.net/departments/educati

Who are the executives of Long Beach Education Foundation and what are their salaries?

There 4 volunteers at Long Beach Education Foundation.


Here are 10 key members and their salaries:


Dr Tiffany Brown (1St Vice President)
  • Compensation: $0
  • Related: $229,155
  • Other: $72,720
Jay Camerino (Director At Large)
  • Compensation: $0
  • Related: $218,914
  • Other: $76,113
Lashell Diggs (Director At Large)
  • Compensation: $0
  • Related: $187,247
  • Other: $70,019
Chris Eftychiou (Board Secretary)
  • Compensation: $0
  • Related: $164,072
  • Other: $84,442
Michelle Thomassian (Executive Director)
  • Compensation: $0
  • Related: $131,787
  • Other: $74,003
Jennifer Geer (Chief Financial Officer)
  • Compensation: $0
  • Related: $123,205
  • Other: $63,490
Henry Fung (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Fellenzer (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Ecung (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Larkins (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lbschools.net/departments/educati

Where can I find the form 990 for Long Beach Education Foundation?

Long Beach Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lbschools.net/departments/educati

Learn more at the official website: www.lbschools.net/departments/educati

Mission Statement of Long Beach Education Foundation

The Long Beach Education Foundation, a nonprofit organization, strives to champion the achievements of students within the Long Beach Unified School District. Their mission is twofold: firstly, they recognize and celebrate excellence; secondly, they support initiatives aimed at enhancing education and enabling all students to flourish as responsible, productive members of society. The foundation's efforts are geared towards fostering an environment that empowers students to succeed, thereby preparing them for the competitive world.

One of the Long Beach Education Foundation's most significant programs is EdCare. This initiative provides intensive early education and care to children, promoting school readiness and bridging the achievement gap. EdCare achieves this by offering a range of evidence-based services, including education, health, nutrition, and social support, to enrolled children and their families. By enhancing the cognitive and social development of children aged 0 to 5 years, EdCare aims to uplift surrounding communities and advocate for the adoption of high-quality early learning policies and practices across the region and state.

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Impact




October, 2024

The Long Beach Education Foundation significantly enhances educational opportunities within the Long Beach Unified District. Its primary program, Educare, targets children ages 0 to 5, providing intensive early education and care designed to promote school readiness and reduce the achievement gap. By delivering evidence-based educational, health, nutritional, and social services, Educare plays a crucial role in enhancing the cognitive and social development of young learners, which ultimately helps to break the cycle of poverty.

Beyond individual student support, the foundation's impact extends to the broader community, fostering the adoption of high-quality early learning policies and practices throughout the region and state. This holistic approach not only uplifts families but also encourages innovation and improvement in educational practices, ensuring that all students in the Long Beach area can thrive and become responsible, productive members of society.




This information is meant to be a general summary of Long Beach Education 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.

Revenue
$1,338,378 (2022)
Expenses
$1,141,270 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,503
  • Gross Receipts: $1,338,378

Assets and Liabilities:

  • Total Assets: $2,987,219
  • Total Liabilities: $0
  • Net Assets: $2,987,219

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Organization Details

Founding Year

1989

Principal Officer

Renee M Arkus

Main Address

1515 HUGHES WAY SUITE 430, LONG BEACH, CA, 90810

NTEE Category

Code: B00J - Education

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