Overview
What is Klcs Education Foundation?
Klcs Education Foundation is a nonprofit organization situated in Los Angeles, California, specifically at 1061 W Temple Street. Its primary mission is to raise private funding, aiming to improve and increase the recognition of the public television services provided by KLCS-TV. The foundation works diligently to enhance the quality and reach of these services, contributing to the overall growth and impact of public television in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
The Klcs Education Foundation has received a One-Star rating, indicating significant concerns regarding its accountability and financial management. The overall score is derived solely from the Accountability & Finance category, which received a score of 58%. This rating reflects specific deficiencies in governance practices such as the lack of independent board members and failure to meet certain transparency criteria like posting tax forms on the website.
Strengths noted in the evaluation include a perfect score in the material diversion of assets and strong management of liabilities to assets. Additionally, the organization has a conflict of interest policy in place, which is an important aspect of good governance. However, the lack of independent board members and weaknesses in policies related to whistleblowing and document retention indicate areas needing improvement.
Overall, while the foundation shows some positive financial management aspects, the governance issues highlighted by the low score suggest a need for significant changes to enhance accountability and transparency. Prospective donors and stakeholders should consider these factors when evaluating the organization's credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Klcs Education Foundation legitimate?
Klcs Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Klcs Education 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
What is the mission statement of Klcs Education Foundation?
The Klcs Education Foundation's mission is centered around securing private funds with the intent of enhancing the effectiveness and visibility of public television services provided by KLCS-TV. Their primary objective is to contribute financially to the improvement of these services, thereby broadening their reach and impact. The foundation's activities are geared towards fostering a greater understanding and appreciation of the public television offerings available.
Who is the CEO of Klcs Education Foundation?
Jaime Jimenez is the Board Member of Klcs Education Foundation.
What is the revenue of Klcs Education Foundation?
Klcs Education Foundation's revenue in 2022 was $456,060.
Who are the executives of Klcs Education Foundation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $191,128
- Other: $61,936
- Compensation: $0
- Related: $141,577
- Other: $46,477
- Compensation: $0
- Related: $107,475
- Other: $49,578
Where can I find the form 990 for Klcs Education Foundation?
Klcs Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Klcs Education Foundation
The Klcs Education Foundation is committed to securing private funds with the aim of enhancing the services and increasing the awareness of public television offerings provided by KLCS-TV. This nonprofit organization strives to contribute financially to the improvement and promotion of the public television services offered by KLCS-TV, ensuring that these resources remain accessible and beneficial to the public.
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Impact
July, 2024
Klcs Education Foundation's impact is focused on securing private funds to enhance the services and awareness of public television services offered by KLCS-TV in Los Angeles, CA. By raising funds and increasing awareness, the foundation supports the arts and educational programming provided by KLCS-TV, enriching the community through quality television content. Through these efforts, Klcs Education Foundation positively contributes to the cultural and educational landscape of Los Angeles.
This information is meant to be a general summary of Klcs Education 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: $612
- Gross Receipts: $456,060
Assets and Liabilities:
- Total Assets: $1,674,906
- Total Liabilities: $2,203
- Net Assets: $1,672,703
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Organization Details
Founding Year
1972
Phone
(213) 241-4000Principal Officer
Jaime Jimenez
Main Address
1061 W TEMPLE ST, LOS ANGELES, CA, 900121513
NTEE Category
Code: A11 - Arts
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