Overview
What is Career Technical Education Foundation Sonoma County?
Career Technical Education Foundation Sonoma County is a nonprofit organization situated in Santa Rosa, California. Their primary mission is to support high-quality career-connected learning initiatives within local schools, serving as a reliable and timely resource for these educational strategies. By funding experimental educational strategies, they aim to connect students with meaningful career opportunities in Sonoma County. Their work is instrumental in fostering both economic development and student success by innovating the education-to-career experience. With a team of eight dedicated individuals, the foundation is committed to strengthening the community through education and career development.
Official website here: www.ctesonomacounty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Career Technical Education Foundation Sonoma County has achieved an impressive overall score of 96%, which reflects its strong commitment to accountability and financial health. With a perfect score of 100% for majority independent board members and an independent board size of 14, the organization demonstrates a solid governance structure. Furthermore, it has effectively established various oversight measures, including a Whistleblower Policy and a Conflict of Interest Policy.
Financially, the foundation stands out with a program expense ratio of 85.20%, indicating that a significant majority of its funds are directed toward its mission and programs. Additionally, the organization has reported no material diversion of assets, showcasing its integrity in managing resources. The liabilities to assets ratio of 6.63% suggests a stable financial position, further contributing to its strong rating.
Overall, the Career Technical Education Foundation Sonoma County exemplifies transparency and responsible management, making it a reliable choice for donors who wish to support educational initiatives. However, continuous efforts to maintain and improve upon these standards will be essential for sustaining this high level of trust and effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Career Technical Education Foundation Sonoma County legitimate?
Career Technical Education Foundation Sonoma County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Career Technical Education Foundation Sonoma County 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: $539,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,922
For more financial information, click here
Official website here: www.ctesonomacounty.org
What is the mission statement of Career Technical Education Foundation Sonoma County?
The Career Technical Education Foundation Sonoma County's mission is centered around innovating the transition from education to careers, with the aim of boosting economic development and student success. They serve as a reliable resource for schools, providing credible, responsive, and timely resources to support high-quality career-connected learning initiatives. The foundation is the sole local source of funding that allows schools to experiment with new educational strategies, connecting students to potential careers in Sonoma County.
Official website here: www.ctesonomacounty.org
Who is the CEO of Career Technical Education Foundation Sonoma County?
Kathy Goodacre is the CEO of Career Technical Education Foundation Sonoma County The CEO's salary of Career Technical Education Foundation Sonoma County is $191,152 and their total compensation is $191,152.
Official website here: www.ctesonomacounty.org
What is the revenue of Career Technical Education Foundation Sonoma County?
Career Technical Education Foundation Sonoma County's revenue in 2024 was $2,798,209.
Official website here: www.ctesonomacounty.org
Who are the executives of Career Technical Education Foundation Sonoma County and what are their salaries?
The average compensation at Career Technical Education Foundation Sonoma County during 2024 was $116,529. There are 6 employees and 25 volunteers at Career Technical Education Foundation Sonoma County.
Here are 19 key members and their salaries (Career Technical Education Foundation Sonoma County's CEO's salary is $191,152 and their total compensation is $191,152):
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Official website here: www.ctesonomacounty.org
Where can I find the form 990 for Career Technical Education Foundation Sonoma County?
Career Technical Education Foundation Sonoma County's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ctesonomacounty.org
Learn more at the official website: www.ctesonomacounty.org
Mission Statement of Career Technical Education Foundation Sonoma County
Career Technical Education Foundation Sonoma County, as a mission-driven organization, strives to revolutionize the education-to-career experience. Their objective is to bolster economic development and enhance student success by innovating this transition process. This nonprofit serves as a reliable and responsive resource for local schools, providing them with the necessary funds to explore and implement novel educational strategies that connect students to rewarding careers within Sonoma County. By being the sole local funding source for such initiatives, Career Technical Education Foundation Sonoma County plays a pivotal role in fostering a dynamic and engaging educational landscape that prepares students for their future careers.
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Impact
July, 2024
The Career Technical Education Foundation Sonoma County plays a crucial role in innovating the education-to-career experience, thereby strengthening economic development and student success in Sonoma County. School districts rely on the foundation to provide credible, responsive, and timely resources to support high-quality career-connected learning initiatives. As the only local funding source for schools to explore new education strategies that link students to meaningful careers in the region, the foundation has a direct and significant impact on shaping the future workforce and enhancing opportunities for students in Santa Rosa and beyond.
This information is meant to be a general summary of Career Technical Education Foundation Sonoma County. 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 2024.
- Investment Income: $16,021
- Program Service Revenue: $72,950
- Gross Receipts: $2,936,811
Assets and Liabilities:
- Total Assets: $1,350,385
- Total Liabilities: $89,538
- Net Assets: $1,260,847
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Income
Revenue
$72,950
Organization Details
Founding Year
2014
Principal Officer
Kathy Goodacre
Website
www.ctesonomacounty.orgNTEE Category
Code: B90 - Education
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