Overview
What is American Career College Educational Foundation?
The American Career College Educational Foundation is a nonprofit organization located at 151 Innovation Drive, Irvine, California 92617. Its primary mission is to offer no-cost educational pathways and scholarship support to underprivileged community members seeking higher education, better job prospects, and personal growth. One of its key initiatives is The HSE Academy, which assists students in preparing for and passing the California HISET exam to obtain a High School Equivalency Certificate from the state. Additionally, the foundation has an emergency relief program to provide financial aid for employees of the foundation, American Career College, Inc., and two other associated for-profit entities. The foundation employs a total of 29 individuals.
Official website here: www.acc-ef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% - Three-Star out of Four Star rating
The American Career College Educational Foundation has received an overall score of 83%, reflecting its solid performance in areas such as accountability and finance. The organization excelled particularly in its culture and community initiatives, achieving a perfect score of 100%. The program expense ratio of 95.89% indicates that a significant portion of its resources is directed towards its programs, which highlights a strong commitment to its mission.
Strengths noted in the rating include a fully independent board, effective financial oversight, and comprehensive policies that promote transparency and accountability. The foundation has also demonstrated a robust commitment to feedback collection and usage, ensuring that stakeholder input informs its operations. Additionally, the foundation's investment in leadership development is commendable, which aligns with its goal of fostering growth and adaptability within the organization.
However, the foundation's scores in leadership and adaptability were relatively lower at 10% and 7%, respectively, suggesting potential areas for improvement. This may indicate challenges in leadership effectiveness or organizational flexibility in responding to changes or challenges in the sector. Addressing these limitations could enhance its overall impact and performance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is American Career College Educational Foundation legitimate?
American Career College Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Career College 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: $1,526,259
For more financial information, click here
Official website here: www.acc-ef.org
What is the mission statement of American Career College Educational Foundation?
The American Career College Educational Foundation aims to offer no-cost educational pathways and scholarship support to disadvantaged community members seeking higher education, better job prospects, and personal advancement. Their HSE Academy assists students in preparing for and passing the California HISET exam at no cost, enabling them to obtain an HSE certificate from the state of California. Furthermore, the foundation has an emergency relief program to provide financial aid to employees of the foundation, American Career College, Inc., and two other for-profit entities owned by the sole shareholder of American Career College, Inc.
Official website here: www.acc-ef.org
Who is the CEO of American Career College Educational Foundation?
David Pyle is the CEO of American Career College Educational Foundation The CEO's salary of American Career College Educational Foundation is $0 and their total compensation is $0.
Official website here: www.acc-ef.org
What is the revenue of American Career College Educational Foundation?
American Career College Educational Foundation's revenue in 2023 was $3,032,389.
Official website here: www.acc-ef.org
Who are the executives of American Career College Educational Foundation and what are their salaries?
The average compensation at American Career College Educational Foundation during 2023 was $50,875. There are 30 employees and 5 volunteers at American Career College Educational Foundation.
Here are 9 key members and their salaries (American Career College Educational Foundation's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $216,629
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- Other: $18,998
- Compensation: $155,045
- Related: $0
- Other: $24,427
Official website here: www.acc-ef.org
Where can I find the form 990 for American Career College Educational Foundation?
American Career College Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.acc-ef.org
Learn more at the official website: www.acc-ef.org
Mission Statement of American Career College Educational Foundation
The American Career College Educational Foundation, a non-profit organization, is dedicated to providing no-cost educational pathways and scholarship support for individuals in the local community who are striving for higher education, enhanced job opportunities, and personal growth. This mission is accomplished through the HSE Academy, which aids students at no cost in preparing for and passing the California HISET exam, thereby enabling them to obtain a High School Equivalency certificate from the State of California. Beyond this educational initiative, the foundation also has an emergency relief program designed to offer financial aid to employees of the American Career College, Inc., as well as two other for-profit entities owned by the sole shareholder of American Career College, Inc. This program serves as a safety net for those in need, providing them with much-needed financial support during challenging times.
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Impact
July, 2024
American Career College Educational Foundation's impact can be seen in the no-cost educational pathways and scholarship support it provides for in-need local community members who are striving to pursue higher education, enhanced job opportunities, and personal growth. The HSE Academy is a significant program within the foundation that assists students in preparing for and passing the California HiSET exam at no cost, enabling them to obtain a HSE certificate from the state of California. In 2022 alone, the foundation served 902 students through this program. Additionally, the foundation's mission extends to offering emergency relief programs to provide financial support for employees of the foundation as well as associated for-profit entities. Their commitment to education and community support makes a tangible difference in the lives of many individuals in Irvine, California.
This information is meant to be a general summary of American Career College 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.
- Gross Receipts: $3,032,389
Assets and Liabilities:
- Total Assets: $526,700
- Total Liabilities: $264,526
- Net Assets: $262,174
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Organization Details
Founding Year
2012
Principal Officer
Darryl Lycett
Website
www.acc-ef.orgNTEE Category
Code: B80 - Education
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