Overview
What is Mitsubishi Cement Corp Educational Foundation?
The Mitsubishi Cement Corp Educational Foundation is a nonprofit organization situated in Lucerne Valley, California, specifically at 5808 State Highway 18. Their primary objective is to create and execute educational programs for the students of the Lucerne Valley Unified School District, aiming to enhance educational opportunities that might otherwise be inaccessible to them. This initiative is designed to enrich the learning experience of the local students.
Official website here: www.mcc-educationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars, 66%
The Mitsubishi Cement Corp Educational Foundation has received a rating of "Needs Improvement" from Charity Navigator, indicating that there are areas of concern that the organization needs to address to enhance its overall effectiveness. While the foundation excels in accountability and finance, scoring a perfect 100% in this category, the low program expense ratio of 8 out of 25 suggests that a significant portion of its resources may not be allocated to direct programmatic efforts.
Strengths of the organization include a fully independent board, with all ten members meeting the criteria for independence. Additionally, the foundation has demonstrated strong governance practices, including a solid document retention policy and proper maintenance of board meeting minutes. However, the lack of conflict of interest and whistleblower policies raises concerns about transparency and oversight, which could impact trust among stakeholders.
Overall, while the Mitsubishi Cement Corp Educational Foundation shows promise in its governance and financial management, improvements are needed in program spending and the establishment of key policies to ensure greater accountability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mitsubishi Cement Corp Educational Foundation legitimate?
Mitsubishi Cement Corp Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mitsubishi Cement Corp 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.
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.mcc-educationfoundation.org
What is the mission statement of Mitsubishi Cement Corp Educational Foundation?
The Mitsubishi Cement Corp Educational Foundation's mission is to create and execute educational programs for students in the Lucerne Valley Unified School District, located in Lucerne Valley, CA. These programs are designed to augment the students' educational experience, providing opportunities that might otherwise be inaccessible to them. By implementing these programs, the foundation aims to contribute positively to the students' learning journey and overall development.
Official website here: www.mcc-educationfoundation.org
Who is the CEO of Mitsubishi Cement Corp Educational Foundation?
Austin Marshall is the President of Mitsubishi Cement Corp Educational Foundation.
Official website here: www.mcc-educationfoundation.org
What is the revenue of Mitsubishi Cement Corp Educational Foundation?
Mitsubishi Cement Corp Educational Foundation's revenue in 2022 was $53,889.
Official website here: www.mcc-educationfoundation.org
Who are the executives of Mitsubishi Cement Corp Educational Foundation and what are their salaries?
There 7 volunteers at Mitsubishi Cement Corp Educational Foundation.
Here are 7 key members and their salaries:
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Official website here: www.mcc-educationfoundation.org
Where can I find the form 990 for Mitsubishi Cement Corp Educational Foundation?
Mitsubishi Cement Corp Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcc-educationfoundation.org
Learn more at the official website: www.mcc-educationfoundation.org
Mission Statement of Mitsubishi Cement Corp Educational Foundation
The Mitsubishi Cement Corp Educational Foundation is committed to enriching the educational experience of students within the Lucerne Valley Unified School District in Lucerne Valley, California, by creating and implementing educational programs. Recognizing the potential for learning opportunities that may be beyond the reach of these students, the foundation focuses on developing and implementing programs that expand their educational horizons. By doing so, the Mitsubishi Cement Corp Educational Foundation strives to provide an enriched educational experience that would otherwise be unattainable for these students.
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Impact
August, 2024
The Mitsubishi Cement Corp Educational Foundation's impact is evident in its dedication to developing and implementing educational programs for the students of the Lucerne Valley Unified School District in Lucerne Valley, CA. By enhancing the educational experience for these students, the foundation is providing opportunities that would otherwise be unavailable to them. Through its focused mission on education, the foundation is making a significant difference in the lives and learning outcomes of the students in the community.
This information is meant to be a general summary of Mitsubishi Cement Corp 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 2022.
- Investment Income: $31,968
- Gross Receipts: $53,889
Assets and Liabilities:
- Total Assets: $628,204
- Total Liabilities: $1,853
- Net Assets: $626,351
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Organization Details
Founding Year
2005
Phone
(760) 248-7373Principal Officer
Austin Marshall
Main Address
5808 State Highway 18, Lucerne Valley, CA, 92356
NTEE Category
Code: B82 - Education
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