Overview
What is San Luis Coastal Education Foundation?
The San Luis Coastal Education Foundation is a nonprofit organization situated in San Luis Obispo, California. With a focus on advancing education, they spearhead an innovative program called Innovate, aiming to integrate 21st-century learning across ten elementary schools in their district. This initiative seeks to reinvent the conventional teaching methods to equip students with the necessary skills for success in a dynamic global economy. The foundation also strives to foster community partnerships and investments for the betterment of the San Luis Coastal Unified School District. By collaborating with both public and private sectors, they support a variety of educational programs, including academics, arts, career technical education, and extracurricular activities, to enhance the learning experience of their district's students.
Official website here: www.slcef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The San Luis Coastal Education Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. The foundation's overall score is based solely on its Accountability & Finance metrics, where it received a score of 92%. This reflects the organization's commitment to sound financial practices and responsible stewardship of the funds it manages.
Strengths of the foundation include having a fully independent board, which consists of 19 members, and an impressive financial statements audit process. The organization also demonstrates a strong commitment to transparency with a low liabilities to assets ratio of 0.16% and a program expense ratio of 80.09%, suggesting that a significant portion of its expenses directly supports its programs. However, it is noted that the foundation is missing key policies such as a whistleblower policy and a document retention and destruction policy, which could enhance its governance framework.
Despite these limitations, the foundation has successfully positioned itself as a reliable entity in the nonprofit sector, with strong oversight and a commitment to its mission. Overall, potential donors and supporters can feel confident in the organization's financial health and dedication to its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is San Luis Coastal Education Foundation legitimate?
San Luis Coastal Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Luis Coastal 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
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Other Salaries and Wages: $79,211
For more financial information, click here
Official website here: www.slcef.org
What is the mission statement of San Luis Coastal Education Foundation?
The San Luis Coastal Education Foundation's mission is to foster partnerships and investments for the benefit of the San Luis Coastal Unified School District. They accomplish this by collaborating with both public and private sectors to support innovative educational programs in areas such as academics, arts, career technical education, extra-curricular activities, and programs. One of their initiatives is the Innovate program, a multi-year project aimed at integrating 21st century hands-on learning across their ten elementary schools. The Innovate initiative strives to redefine the traditional instructional framework to prepare students with the necessary knowledge and skills for success in a changing global economy.
Official website here: www.slcef.org
Who is the CEO of San Luis Coastal Education Foundation?
David Mitchell is the President of San Luis Coastal Education Foundation.
Official website here: www.slcef.org
What is the revenue of San Luis Coastal Education Foundation?
San Luis Coastal Education Foundation's revenue in 2023 was $599,497.
Official website here: www.slcef.org
Who are the executives of San Luis Coastal Education Foundation and what are their salaries?
The average compensation at San Luis Coastal Education Foundation during 2023 was $79,211. There is 1 employee and 33 volunteers at San Luis Coastal Education Foundation.
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Official website here: www.slcef.org
Where can I find the form 990 for San Luis Coastal Education Foundation?
San Luis Coastal Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.slcef.org
Learn more at the official website: www.slcef.org
Mission Statement of San Luis Coastal Education Foundation
San Luis Coastal Education Foundation, a nonprofit organization, is dedicated to strengthening community partnerships and investments for the benefit of the San Luis Coastal Unified School District. Their mission lies in collaborating with both public and private sectors to support creative and innovative programs that cater to the academic, arts, career technical education, extra-curricular activities, and programs of the district's students.
In a proactive approach to prepare students for the rapidly evolving global economy, the San Luis Coastal Education Foundation launched the Innovate Program. This multi-year initiative aims to meaningfully and equitably integrate 21st-century hands-on learning across the district's ten elementary schools. The Innovate Initiative seeks to reimagine the traditional framework of instruction, enabling students to acquire the necessary knowledge and skills for success in this modern era.
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Impact
July, 2024
The San Luis Coastal Education Foundation strengthens community partnerships and investments for the benefit of the San Luis Coastal Unified School District. One of its notable initiatives, the iINNOVATE program, is a multi-year effort to integrate 21st-century hands-on learning across the district's elementary schools. This initiative aims to reimagine traditional instructional frameworks to equip students with the knowledge and skills essential for success in a changing global economy. The foundation's mission is to partner with public and private sectors to support creative and innovative programs in academics, arts, career technical education, extracurricular activities, and other programs for the students of the San Luis Coastal Unified School District in San Luis Obispo, CA.
This information is meant to be a general summary of San Luis Coastal 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 2023.
- Investment Income: $185,360
- Gross Receipts: $4,132,842
Assets and Liabilities:
- Total Assets: $11,200,562
- Total Liabilities: $18,636
- Net Assets: $11,181,926
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Organization Details
Founding Year
2017
Phone
(805) 549-1300Principal Officer
David Mitchell
Main Address
1500 LIZZIE STREET, SAN LUIS OBISPO, CA, 93401
Website
www.slcef.orgNTEE Category
Code: B12 - Education
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