Overview
What is Santa Barbara Education Foundation?
Santa Barbara Education Foundation is a nonprofit organization situated in Santa Barbara, California, specifically at 1528 Chapala Street Suite 308. Its primary objective is to advocate and raise funds to support the Santa Barbara Unified School District's 22 schools, ensuring a well-rounded education, including arts and music, for the district's 16,000 students. The foundation extends its support to early childhood education, parent education, violence prevention, mentoring, tutoring, and the Summer Learning "Get Ahead Program" for middle school students. Over the years, Santa Barbara Education Foundation has played a significant role in spearheading several ballot initiatives, which have brought in substantial funds for classroom enrichment and infrastructure improvements, totaling 18 million and 110 million respectively. The foundation's mission is to promote community investment in public education, with a focus on ensuring equity and access to a world-class, innovative education that fosters confidence, competence, and creativity in each student of the Santa Barbara Unified School District. With a staff of 91 individuals, Santa Barbara Education Foundation remains committed to enhancing educational opportunities for the community's youth.
Official website here: www.sbefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Santa Barbara Education Foundation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 97% in Accountability & Finance, the organization demonstrates strong governance practices, including a fully independent board and robust financial oversight. Their program expense ratio of 78.89% reflects a commitment to allocating funds directly to their educational programs.
Feedback from constituents is another standout feature, with a perfect score of 100% in collection, usage, and practices. This indicates that the foundation actively engages with its community and uses their input to improve services. The organization also excels in equity strategies, scoring 93 out of 100, showcasing their commitment to inclusivity and diversity within their programs.
However, there are some areas for improvement, specifically in their equity policies and processes, where they scored lower at 4 out of 7. Despite these minor limitations, the overall performance and transparency of the Santa Barbara Education Foundation position it as a strong nonprofit dedicated to enhancing educational opportunities in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Barbara Education Foundation legitimate?
Santa Barbara Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Barbara 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: $133,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $837,601
For more financial information, click here
Official website here: www.sbefoundation.org
What is the mission statement of Santa Barbara Education Foundation?
The Santa Barbara Education Foundation's mission is centered around fostering community investment in public education. Their goal is to ensure equity and access to a high-quality, innovative education that instills confidence, competence, and creativity in every student within their school district. The foundation serves as an advocate and raises funds, supporting 22 schools and providing a well-rounded education, including arts and music, for over 16,000 students. They also engage in initiatives that support early childhood education, parent education, violence prevention, mentoring and tutoring, and the summer learning "Get Ahead Program" for middle school students. In addition, the foundation has played a significant role in securing funds for classroom enrichment and infrastructure improvements through various ballot initiatives.
Official website here: www.sbefoundation.org
Who is the CEO of Santa Barbara Education Foundation?
Pedro Paz is the President of Santa Barbara Education Foundation.
Official website here: www.sbefoundation.org
What is the revenue of Santa Barbara Education Foundation?
Santa Barbara Education Foundation's revenue in 2022 was $2,636,994.
Official website here: www.sbefoundation.org
Who are the executives of Santa Barbara Education Foundation and what are their salaries?
The average compensation at Santa Barbara Education Foundation during 2022 was $10,669. There are 91 employees at Santa Barbara Education Foundation.
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- Compensation: $130,250
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- Other: $5,248
Official website here: www.sbefoundation.org
Where can I find the form 990 for Santa Barbara Education Foundation?
Santa Barbara Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sbefoundation.org
Learn more at the official website: www.sbefoundation.org
Mission Statement of Santa Barbara Education Foundation
Santa Barbara Education Foundation, a prominent nonprofit organization, is dedicated to promoting community investment in public education. Their mission is to ensure equity and access to an innovative, world-class education that fosters confidence, competence, and creativity in every student within the Santa Barbara Unified School District. By doing so, they aim to inspire a well-rounded education, including arts and music, for the district's 16,000 students. Beyond this, the foundation supports various initiatives, such as early childhood education, parent education, violence prevention, mentoring and tutoring, and the summer learning "Get Ahead Program" for middle school students. Furthermore, Santa Barbara Education Foundation has taken a leading role in advocating for and raising funds for the district's 22 schools, contributing to significant improvements in classroom enrichment and infrastructure through several successful ballot initiatives.
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Impact
July, 2024
Santa Barbara Education Foundation plays a crucial role in promoting community investment in public education in the Santa Barbara Unified School District. By advocating for equity and access to a world-class education, the foundation ensures that all 16,000 students in the district receive a well-rounded education that includes arts and music. Additionally, the foundation supports various programs such as early childhood education, parent education, violence prevention, mentoring, and tutoring. Their efforts also extend to initiatives like the Summer Learning "Get Ahead Program" for middle school students. Moreover, the foundation has been instrumental in securing significant funding for classroom enrichment and infrastructure improvements through campaign leadership for various ballot initiatives.
This information is meant to be a general summary of Santa Barbara 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: $62,548
- Program Service Revenue: $169,785
- Gross Receipts: $2,700,721
Assets and Liabilities:
- Total Assets: $6,480,018
- Total Liabilities: $125,670
- Net Assets: $6,354,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$169,785
Organization Details
Founding Year
1985
Phone
(805) 284-9125Principal Officer
Pedro Paz
Main Address
1528 CHAPALA STREET STE 308, SANTA BARBARA, CA, 93101
Website
www.sbefoundation.orgNTEE Category
Code: B20I - Education
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