Overview
What is Escondido Education Compact?
The Escondido Education Compact is a nonprofit organization situated in Escondido, California, specifically at 220 S BROADWAY, CA 92025. Established in 1989, its initial goal was to enhance educational and career opportunities for youth and transform them into responsible community members. Over the years, the organization has evolved, expanding its programming with the support of its Board of Directors and community partners. Today, Escondido Education Compact is dedicated to developing and implementing community-wide programs aimed at supporting at-risk youth and their families, consistent with its mission. The compact has diversified its grant activities in the current year and extended its reach to ensure its longevity. With a team of 66 employees, the organization remains committed to promoting personal growth and fostering the potential of its target demographic.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating.
The Escondido Education Compact has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization has a perfect score for having a majority independent board and maintains rigorous financial oversight, with all financial statements being audited effectively. The absence of material asset diversion and a well-structured conflict of interest policy further demonstrate its adherence to high ethical standards.
In terms of financial health, the Compact shows remarkable strength with a program expense ratio of 94.13%, indicating that a significant portion of its spending directly supports its educational programs. Additionally, the organization showcases effective fundraising with zero costs associated, suggesting efficiency in its fundraising efforts. The liabilities to assets ratio is low, reinforcing a solid financial position with manageable obligations.
However, while the Compact's working capital ratio of 0.47 years may suggest some liquidity concerns, the overall financial metrics indicate a well-managed nonprofit focused on maximizing program impact. The organization's governance practices are commendable, positioning it as a trustworthy entity committed to its mission in education.
This AI summary has been generated from information found on Charity Navigator.
Is Escondido Education Compact legitimate?
Escondido Education Compact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Escondido Education Compact 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: $84,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,181,708
For more financial information, click here
What is the mission statement of Escondido Education Compact?
The Escondido Education Compact, established in 1989, is dedicated to creating and implementing community-wide programs aimed at supporting youth. Originally, its purpose was to expand educational and career opportunities for youth, helping them become valuable members of their community. Over the years, the organization has grown significantly, with the support of its Board of Directors and community partners. Consistent with its mission and vision, it primarily serves at-risk youth and their families, focusing on providing high-quality programs and services to enable individuals to reach their fullest potential.
Who is the CEO of Escondido Education Compact?
Patricia Huerta is the Executive Dir. of Escondido Education Compact.
What is the revenue of Escondido Education Compact?
Escondido Education Compact's revenue in 2022 was $2,135,722.
Who are the executives of Escondido Education Compact and what are their salaries?
The average compensation at Escondido Education Compact during 2022 was $19,180. There are 66 employees and 100 volunteers at Escondido Education Compact.
Here are 18 key members and their salaries:
- Compensation: $84,165
- 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
Where can I find the form 990 for Escondido Education Compact?
Escondido Education Compact's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Escondido Education Compact
The Escondido Education Compact, established in 1989, is a community-focused organization committed to developing and implementing programs aimed at supporting youth. Its original mission was to broaden the educational and career prospects for young individuals, ultimately helping them become valuable contributors to society. Over the years, this nonprofit has grown significantly, with the support of its Board of Directors and community partners. It has expanded its programming to consistently serve at-risk youth and their families, aligning with its mission and vision. The Escondido Education Compact's mission is to create and implement high-quality programs and services that empower individuals to reach their full potential.
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
The Escondido Education Compact has a significant impact on the youth of Escondido, California, by fostering community-wide initiatives aimed at enhancing educational and career opportunities. Established in 1989 through collaboration among local educational and business leaders, the organization focuses on serving at-risk youth and their families.
By diversifying its grants and expanding programs, the Compact ensures sustainability and adaptability to meet the evolving needs of the community. Its commitment to providing high-quality programs and services empowers young individuals to reach their fullest potential, ultimately contributing to a stronger, more engaged citizenry. The Compact's legacy is seen in its ongoing dedication to creating equitable access to educational resources, making it a vital resource for the youth of Escondido.
This information is meant to be a general summary of Escondido Education Compact. 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: $632
- Gross Receipts: $2,135,722
Assets and Liabilities:
- Total Assets: $554,959
- Total Liabilities: $41,662
- Net Assets: $513,297
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(760) 839-4515Principal Officer
Patricia Huerta
Main Address
220 S BROADWAY, ESCONDIDO, CA, 92025
NTEE Category
Code: O30Z - Youth development
If you are a representative of Escondido Education Compact 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.