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El Sol Academy Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810813424 ✦ Santa ana, CA ✦ Designated as a 501(c)(3)

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Overview

What is El Sol Academy Foundation?

The El Sol Academy Foundation, based in Santa Ana, California, is a nonprofit organization dedicated to supporting El Sol Science and Arts Academy. By engaging in fundraising activities and providing scholarships, the foundation assists over 1,000 students from preschool to eighth grade. During the COVID-19 pandemic, the foundation granted emergency aid to 22 families and offered scholarship aid to 71 students, amounting to $88,625 and $121,000, respectively. In 2022, the foundation made significant contributions, granting $832,667 for school facility construction and $200,000 to support costs for the preschool in the following years. The foundation's mission is to provide a rigorous academic environment that prepares students for high school and encourages them to become future leaders.


Official website here: www.elsolfoundation.org

Is El Sol Academy Foundation legitimate?

El Sol Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Sol Academy 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


Official website here: www.elsolfoundation.org

What is the mission statement of El Sol Academy Foundation?

The El Sol Academy Foundation's mission is centered around supporting the El Sol Science and Arts Academy. By providing financial assistance and scholarships, the foundation enables the academy to offer a rigorous academic environment that prepares students for high school and encourages them to become future leaders. The foundation's activities help nearly 1,000 students from preschool to eighth grade. During the year, they granted scholarship aid worth $88,625 to 71 students and distributed emergency grants totaling $121,000 to support 22 families during the COVID-19 pandemic. In 2022, the foundation made significant contributions, granting $832,667 for school facility construction and $200,000 to cover preschool costs for 2022 and 2023.


Official website here: www.elsolfoundation.org

What is the revenue of El Sol Academy Foundation?

El Sol Academy Foundation's revenue in 2023 was $345,291.


Official website here: www.elsolfoundation.org

Who are the executives of El Sol Academy Foundation and what are their salaries?

There 25 volunteers at El Sol Academy Foundation.

Here are 6 key members and their salaries:


Monique Daviss (Exec. Dir. Of El Sol Academy)
  • Compensation: $0
  • Related: $188,771
  • Other: $48,053
Leslie Ray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Kaplan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Navarro Sigala (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Hamilton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nilo Lipiz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elsolfoundation.org

Where can I find the form 990 for El Sol Academy Foundation?

El Sol Academy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.elsolfoundation.org

Learn more at the official website: www.elsolfoundation.org

Mission Statement of El Sol Academy Foundation

The El Sol Academy Foundation, a dedicated organization, is committed to supporting El Sol Science and Arts Academy. By providing this assistance, the foundation enables El Sol to establish a rigorous academic environment that prepares students for progressing into high schools and encourages its graduates to become future leaders. The foundation aids nearly 1,000 students from preschool to eighth grade through fundraising activities and scholarships for educational needs. In 2022 alone, the foundation granted $88,625 in scholarship aid to 71 students and distributed $121,000 in emergency grants to support 22 families of El Sol Science and Arts Academy during the COVID-19 pandemic. Additionally, in the same year, the foundation made a grant of $832,667 to El Sol Academy for the construction of facilities at the school and $200,000 to support costs for the preschool in 2022 and 2023. The El Sol Academy Foundation's mission is thus centered around providing essential support to El Sol Science and Arts Academy, fostering a strong educational environment, and aiding students in achieving their academic goals and becoming future leaders.

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Impact




October, 2024

El Sol Academy Foundation significantly impacts the educational landscape, supporting nearly 1,000 students from preschool through eighth grade at El Sol Science and Arts Academy. By facilitating fundraising activities and offering scholarships, the foundation plays a crucial role in addressing the educational needs of students. In the past year alone, it granted $88,625 in scholarship aid to 71 students, ensuring they have access to essential resources for their academic journey.

During the COVID-19 pandemic, the foundation stepped up to assist families in need, distributing $121,000 in emergency grants to 22 families of El Sol Academy. This support was vital in helping families navigate the challenges posed by the pandemic, ensuring students could continue their education with stability.

In terms of infrastructure, the foundation's grant of $832,667 for facility construction in 2022 is instrumental in enhancing the learning environment at El Sol Academy. Additionally, the allocation of $200,000 towards supporting preschool costs in 2022 and 2023 further strengthens early childhood education, thereby fostering a solid academic foundation for young learners.

Overall, the El Sol Academy Foundation is dedicated to empowering students, enriching their educational experiences, and cultivating future leaders within the community.




This information is meant to be a general summary of El Sol Academy 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.

Revenue
$345,291 (2023)
Expenses
$142,778 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $260
  • Gross Receipts: $390,213

Assets and Liabilities:

  • Total Assets: $432,558
  • Total Liabilities: $0
  • Net Assets: $432,558

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Organization Details

Founding Year

2015

Principal Officer

Karina Hamilton

NTEE Category

Code: B11 - Education

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