Overview
What is Garden Grove Community Foundation Inc?
Garden Grove Community Foundation Inc is a dedicated nonprofit organization based in Garden Grove, California. Their primary mission is to strengthen and uplift their community by providing leadership and resources. One of their notable initiatives is the Summer Concerts in the Park, a weekly event offering family-friendly entertainment, attracting between 1500 and 3000 people. Local vendors offer food for purchase, contributing to the overall community experience.
Official website here: www. ggcf.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
Garden Grove Community Foundation Inc has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scores well in areas such as board independence and the absence of material asset diversion, which are positive aspects. However, the overall score is heavily impacted by poor performance in critical areas, particularly in financial ratios and missing essential policies.
The foundation's score reflects a lack of crucial governance policies, including a conflict of interest policy and a whistleblower policy, which have not been addressed. These omissions are serious shortcomings that can undermine trust and transparency within the organization. Additionally, the program expense ratio is notably low at 24.30%, suggesting that a smaller portion of its budget is allocated to its programs compared to administrative costs.
While the foundation maintains a fully independent board and has posted its tax form on the website, the overall financial health and governance issues cast a shadow over these strengths. Without addressing the highlighted concerns, the organization may struggle to gain support and trust from potential donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Garden Grove Community Foundation Inc legitimate?
Garden Grove Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garden Grove 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.
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Official website here: www. ggcf.com
What is the mission statement of Garden Grove Community Foundation Inc?
The Garden Grove Community Foundation's mission is centered around providing leadership and resources to improve community life. Their objective is to positively impact the community by contributing essential resources. One of their initiatives includes organizing free weekly concerts during summer, known as 'Summer Concerts in the Park'. These events offer family-friendly entertainment, attracting a considerable number of residents and visitors, with food available from local vendors. The attendance for each concert varies between 1500 and 3000 individuals.
Official website here: www. ggcf.com
Who is the CEO of Garden Grove Community Foundation Inc?
Efrain Davalos is the President of Garden Grove Community Foundation Inc.
Official website here: www. ggcf.com
What is the revenue of Garden Grove Community Foundation Inc?
Garden Grove Community Foundation Inc's revenue in 2022 was $509,444.
Official website here: www. ggcf.com
Who are the executives of Garden Grove Community Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www. ggcf.com
Where can I find the form 990 for Garden Grove Community Foundation Inc?
Garden Grove Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www. ggcf.com
Learn more at the official website: www. ggcf.com
Mission Statement of Garden Grove Community Foundation Inc
Garden Grove Community Foundation Inc is committed to making significant contributions to the betterment of community life within its sphere. Its mission, as stated, is geared towards providing leadership and resources to enhance the quality of living in Garden Grove. This nonprofit organization seeks to engage with the community in a proactive manner, aiming to foster growth and development through its initiatives.
One of the ways Garden Grove Community Foundation Inc fulfills its mission is by organizing the Summer Concerts in the Park. This weekly event offers fun and entertainment for both Garden Grove residents and visitors. The concerts are family-friendly and attract an average audience of between 1500 and 3000 people. Local vendors are also present, offering food for purchase, which adds to the overall experience. This initiative not only provides a means of amusement but also fosters a sense of community spirit and togetherness.
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Impact
July, 2024
The Garden Grove Community Foundation Inc's impact can be seen through its Summer Concerts in the Park event. The free weekly concerts provide family-friendly entertainment for residents and visitors of Garden Grove, with an average attendance ranging between 1500 and 3000 people. This event not only fosters a sense of community but also supports local vendors by offering food for purchase. Overall, the Foundation's efforts enhance community life and promote a positive environment in Garden Grove.
This information is meant to be a general summary of Garden Grove 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: -$49,245
- Program Service Revenue: $1,593
- Gross Receipts: $531,079
Assets and Liabilities:
- Total Assets: $874,261
- Total Liabilities: $165,391
- Net Assets: $708,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Theater Companies and Dinner Theaters
Revenue
$1,593
Organization Details
Founding Year
1998
Phone
(714) 741-3280Principal Officer
Efrain Davalos
Main Address
PO BOX 3070, GARDEN GROVE, CA, 928423070
Website
www. ggcf.comNTEE Category
Code: T31 - Philanthropy
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