Overview
What is K To College?
K To College Dba Supplybankorg is a nonprofit organization based in Oakland, California, with a mission to strengthen the social safety net and provide essential supplies to children and families in need. They achieve this by forming partnerships with over 600 public and nonprofit safety net organizations and utilizing their relationships with the global supply chain to deliver supplies more cost-effectively and efficiently. The organization's vision is to ensure that all people have the essential supplies they require. Their values include equity and diversity, innovation, collaboration, and service and humility. Since the onset of the pandemic, they have distributed millions of dollars' worth of critical supplies, including cleaning and disinfectant products, diapers, masks, gloves, and COVID-19 home tests. They are currently working on the Oakport Street Project, which aims to develop a new warehouse and office building to expand their operations and better serve vulnerable communities.
Official website here: www.supplybank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
K To College has received a two-star rating from Charity Navigator, indicating that while it has strong accountability and finance practices, there are significant areas that require improvement. The organization scored exceptionally well in areas such as having a fully independent board and a high program expense ratio, demonstrating a commitment to directing funds toward its mission rather than administrative costs.
However, the nonprofit has notable weaknesses, including missing policies on conflict of interest and whistleblower protections, which are critical for transparency and ethical governance. Additionally, the organization has a concerning working capital ratio, suggesting potential financial sustainability issues. While it does not have material diversions of assets and has zero loans to or from officers, the overall financial health may require attention to ensure long-term viability.
Overall, while K To College shows strengths in accountability and program expenses, it faces challenges that could impact its effectiveness and sustainability if not addressed. Stakeholders may want to monitor these areas closely as they consider their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is K To College legitimate?
K To College is a legitimate nonprofit organization registered as a 501(c)(3) entity. K To College 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: $178,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,653
For more financial information, click here
Official website here: www.supplybank.org
What is the mission statement of K To College?
SupplyBank.org is a non-profit organization that strengthens the social safety net by working through trusted local partnerships to deliver essential supplies to children and families in need. Their mission is to increase equity and diversity, foster innovation, and build collaborative relationships to maximize the impact of their work. Through their unique approach, they provide critical resources at a more cost-effective price and enable local organizations to increase the amount of supplies they distribute to their clients. Since the onset of the pandemic, SupplyBank.org has established emergency supply programs, distributing millions of essential items such as cleaning products, face masks, diapers, and COVID-19 home tests. They are also expanding their operations through the Oakport Street Project, which will allow them to provide tens of millions of dollars worth of supplies to vulnerable populations and create a unique community of socially minded organizations.
Official website here: www.supplybank.org
Who is the CEO of K To College?
Mike Spanton is the Treasurer of K To College. The CEO's salary of K To College is $0 and their total compensation is $0.
Official website here: www.supplybank.org
What is the revenue of K To College?
K To College's revenue in 2022 was $44,027,752.
Official website here: www.supplybank.org
Who are the executives of K To College and what are their salaries?
The average compensation at K To College during 2022 was $71,431. There are 11 employees and 25 volunteers at K To College.
Here are 13 key members and their salaries (K To College's CEO's salary is $0 and their total compensation is $0):
- Compensation: $178,087
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Official website here: www.supplybank.org
Where can I find the form 990 for K To College?
K To College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supplybank.org
Learn more at the official website: www.supplybank.org
Mission Statement of K To College
K To College Dba Supplybank.org is a nonprofit organization that works to strengthen the social safety net and deliver essential supplies to children and families in need. Through trusted local partnerships, this agency aims to maximize the availability of critical resources for vulnerable populations. By combining direct relationships with the global supply chain and collaborations with safety net organizations, SupplyBank.org offers a more cost-effective and scalable solution for distributing supplies.
The mission of SupplyBank.org is to enhance the capacity of local organizations to provide essential supplies to those in need. Their approach not only saves costs in purchase price and last-mile distribution, but also prioritizes systems changes that create pathways out of poverty. Since the onset of the pandemic, SupplyBank.org has been actively responding to the crisis by establishing county-specific emergency supply programs and distributing essential items like cleaning supplies, diapers, masks, and hygiene products to thousands of organizations throughout the state.
In addition to their COVID-19 response efforts, SupplyBank.org is also expanding its reach through the Oakport Street Project, a Public-Private Partnership that includes the development of a new warehouse and office building. The project will enable the organization to distribute several tens of millions of dollars worth of basic needs materials to impoverished children and families, as well as disaster victims. The campus of like-minded organizations created through this project aims to build a community of passionate, equitable, and socially minded organizations all working towards the same goal of serving their community.
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Impact
October, 2024
K To College significantly impacts the lives of children and families in need by enhancing access to essential supplies through strategic local partnerships. By leveraging a global supply chain and collaborating with over 600 safety net organizations, K To College ensures that vulnerable populations receive critical resources efficiently and cost-effectively. This model not only increases the scale of support provided to those in need but also optimizes existing systems to become more responsive to the changing material needs of communities.
Their response during the COVID-19 pandemic highlights their adaptability and commitment, organizing extensive supply programs that facilitated the distribution of millions of essential items, including personal protective equipment, hygiene products, and school supplies. This proactive approach showcases their ability to mobilize resources quickly in times of crisis, benefiting thousands of organizations and individuals alike.
Furthermore, initiatives like the Oakport Street Project reflect a commitment to long-term impact. By establishing a community-centric hub for nonprofits, K To College fosters collaboration and innovation among organizations dedicated to social change. This project aims to triple their capacity within just one year, ensuring that more families can access vital materials, such as PPE, diapers, and school supplies, while also addressing systemic barriers to poverty.
Overall, K To College plays a vital role in strengthening the social safety net for children and families, promoting equity and diversity, and fostering an environment of service and collaboration that creates pathways out of poverty.
This information is meant to be a general summary of K To College. 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: $2,650
- Gross Receipts: $44,027,752
Assets and Liabilities:
- Total Assets: $6,431,064
- Total Liabilities: $4,166,662
- Net Assets: $2,264,402
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Organization Details
Founding Year
2008
Phone
(510) 569-5862Principal Officer
Mike Spanton
Main Address
7730 PARDEE LANE, OAKLAND, CA, 94621
Website
www.supplybank.orgNTEE Category
Code: P20 - Human services
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