Overview
What is The San Clemente Educational Foundation?
The San Clemente Educational Foundation is a nonprofit organization situated in San Clemente, California, specifically at 700 AVE PICO. Its primary mission is to extend supplemental financial support for academic enrichment programs that San Clemente High School is unable to fund due to budget constraints. The foundation's objective is to enhance the educational experience of students by providing financial resources for additional academic programs.
Official website here: www.schsef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The San Clemente Educational Foundation has received a score of 76%, translating to a Three-Star rating. This rating reflects the foundation's strong performance in aspects related to accountability and finance. Notably, the charity boasts a high percentage of independent board members, ensuring governance integrity, with 20 independent members and a 0.00% liabilities to assets ratio, indicating financial stability.
However, there are areas for improvement. The foundation lacks critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which together detract from its overall accountability score. This absence could potentially raise concerns regarding transparency and governance practices.
Despite these limitations, the foundation's program expense ratio of 92.86% highlights its commitment to utilizing funds effectively for its educational mission. Overall, while the foundation demonstrates strong financial stability and governance, addressing the missing policies could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The San Clemente Educational Foundation legitimate?
The San Clemente Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The San Clemente Educational 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.
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Official website here: www.schsef.org
What is the mission statement of The San Clemente Educational Foundation?
The San Clemente Educational Foundation's mission is centered around providing supplemental funding for academic programs. In essence, this organization aims to bridge the gap where the high school's budget falls short, enabling the implementation of enrichment programs that enhance the educational experience. By doing so, the foundation contributes significantly to the overall development and growth of the students.
Official website here: www.schsef.org
What is the revenue of The San Clemente Educational Foundation?
The San Clemente Educational Foundation's revenue in 2023 was $268,143.
Official website here: www.schsef.org
Who are the executives of The San Clemente Educational Foundation and what are their salaries?
There 23 volunteers at The San Clemente Educational Foundation.
Here are 23 key members and their salaries:
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Official website here: www.schsef.org
Where can I find the form 990 for The San Clemente Educational Foundation?
The San Clemente Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.schsef.org
Learn more at the official website: www.schsef.org
Mission Statement of The San Clemente Educational Foundation
The San Clemente Educational Foundation, as its name suggests, is an organization with a mission to provide supplemental funding for academic programs. More specifically, this nonprofit aims to enhance the educational experiences of students at San Clemente High School by offering funding for enrichment programs that the school's budget may not otherwise accommodate. By doing so, The San Clemente Educational Foundation contributes to the overall academic development and well-being of the school's students, enriching their educational journey beyond the scope of the school's standard budget.
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Impact
October, 2024
The San Clemente Educational Foundation significantly enhances academic programs at San Clemente High School by providing essential supplemental funding for activities that would otherwise be unavailable due to budget constraints. This support allows for the enrichment of the educational experience, enabling students to access resources and opportunities that promote learning and personal growth. By bridging the financial gap, the foundation plays a crucial role in fostering a more robust academic environment, ultimately benefiting both students and educators in the community.
This information is meant to be a general summary of The San Clemente Educational 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 2023.
- Investment Income: $6,233
- Gross Receipts: $626,275
Assets and Liabilities:
- Total Assets: $1,014,662
- Total Liabilities: $0
- Net Assets: $1,014,662
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Organization Details
Founding Year
2004
Principal Officer
Jason Talley
Website
www.schsef.orgNTEE Category
Code: B11 - Education
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