Overview
What is Watts Learning Center Foundation Inc?
The Watts Learning Center Foundation Inc, based in Los Angeles, California, serves as the overseer of the academic, financial, human resource, marketing, parent relations, community relations, and facilities of the Watts Learning Center – an independent public charter elementary and middle school in the inner city of Los Angeles. The foundation's primary mission is to provide a world-class education, fostering optimal learning among students. Through their efforts, they have built upon the success of pre-school programs by establishing a culture of learning where students, parents or guardians, faculty, and staff have clearly defined roles and expectations. The foundation has obtained temporary advances, loans, and grants from various sources to support the school's operations, enabling it to offer instruction for kindergarten, elementary, and middle students during the school year.
Official website here: www.wattslearningcenter.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Watts Learning Center Foundation Inc has achieved an impressive score of 96%, reflecting a strong commitment to accountability and financial health. The organization scores full marks in several critical areas such as independent board governance, financial oversight, and adherence to policies like conflict of interest and whistleblower protections. This exemplary rating indicates that the foundation effectively manages its resources, demonstrating transparency and integrity.
A significant portion of the foundation's expenses is allocated to its programs, with a program expense ratio of 78.58%, highlighting its focus on delivering impactful services. The foundation also maintains a healthy liabilities to assets ratio of 33.78%, suggesting financial stability and responsible fiscal management. These factors collectively illustrate the organization's effectiveness in achieving its mission while maintaining high standards of governance.
While the data is overwhelmingly positive, it is essential to note that ratings are based on available information, and ongoing engagement with the foundation may provide deeper insights into its programs and community impact. Overall, Watts Learning Center Foundation Inc stands out as a highly rated nonprofit that prioritizes accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Watts Learning Center Foundation Inc legitimate?
Watts Learning Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watts Learning Center 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: $196,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,285,932
For more financial information, click here
Official website here: www.wattslearningcenter.org
What is the mission statement of Watts Learning Center Foundation Inc?
The Watts Learning Center Foundation aims to deliver a top-notch education and optimize learning for students in an elementary and middle school setting. They build upon the success of pre-school programs by establishing a culture of learning where all stakeholders, including students, parents or guardians, faculty, and staff, have clearly defined roles and expectations. The Foundation provides oversight and support in various areas such as academics, finances, human resources, marketing, parent relations, community relations, and facilities for the Watts Learning Center, a charter school within the Los Angeles Unified School District. Through their assistance, the school is able to offer instruction for kindergarten, elementary, and middle school students during the academic year.
Official website here: www.wattslearningcenter.org
Who is the CEO of Watts Learning Center Foundation Inc?
Eugene L Fisher is the President of Watts Learning Center Foundation Inc.
Official website here: www.wattslearningcenter.org
What is the revenue of Watts Learning Center Foundation Inc?
Watts Learning Center Foundation Inc's revenue in 2022 was $13,454,698.
Official website here: www.wattslearningcenter.org
Who are the executives of Watts Learning Center Foundation Inc and what are their salaries?
The average compensation at Watts Learning Center Foundation Inc during 2022 was $42,175. There are 130 employees at Watts Learning Center Foundation Inc.
Here are 11 key members and their salaries:
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- Compensation: $163,173
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- Compensation: $128,693
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- Other: $26,538
- Compensation: $118,590
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- Other: $26,036
Official website here: www.wattslearningcenter.org
Where can I find the form 990 for Watts Learning Center Foundation Inc?
Watts Learning Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wattslearningcenter.org
Learn more at the official website: www.wattslearningcenter.org
Mission Statement of Watts Learning Center Foundation Inc
The Watts Learning Center Foundation Inc is a dedicated educational institution in Los Angeles, striving to deliver a top-tier education to its students. With a mission to create a learning-focused environment, the Foundation involves all stakeholders - students, parents or guardians, faculty, and staff - in achieving optimal learning.
The Foundation plays a pivotal role in overseeing the academic, financial, human resource, marketing, parent relations, community relations, and facilities aspects of the Watts Learning Center, a charter school under the Los Angeles Unified School District. By providing oversight and assistance in procuring temporary advances, loans, and grants, the Foundation enables the school to offer instruction to kindergarten, elementary, and middle students throughout the academic year.
In essence, the Watts Learning Center Foundation Inc is dedicated to fostering a culture of learning that empowers students to succeed. By assuming various responsibilities and offering crucial resources, the Foundation contributes significantly to the development and support of the school's operations.
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Impact
October, 2024
Watts Learning Center Foundation Inc significantly impacts the educational landscape of inner-city Los Angeles by providing a world-class educational experience to elementary and middle school students. This independent public charter school focuses on achieving optimum learning outcomes through a robust and supportive environment.
By overseeing various operational areas—including academics, finances, human resources, and community relations—the foundation ensures that the school runs efficiently and effectively. This structured management not only facilitates quality instruction for students but also supports the engagement of parents and guardians, creating a community built on shared educational goals.
The foundation plays a crucial role in securing essential resources, such as temporary advances, loans, and grants, which directly support the school’s operations. By enabling the stability and growth of the school, these efforts empower students to thrive in their educational journeys. Ultimately, the Watts Learning Center fosters a culture of learning where every stakeholder is engaged and invested in the students' success, building on the foundational achievements of early childhood programs like Head Start.
This information is meant to be a general summary of Watts Learning Center 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.
- Gross Receipts: $13,454,698
Assets and Liabilities:
- Total Assets: $15,348,896
- Total Liabilities: $2,541,407
- Net Assets: $12,807,489
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Organization Details
Founding Year
1997
Phone
(323) 754-9900Principal Officer
Eugene L Fisher
Main Address
310 W 95TH STREET, LOS ANGELES, CA, 90003
Website
www.wattslearningcenter.orgNTEE Category
Code: B20 - Education
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