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Belmont-Redwood Shores Public School Foundation

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

EIN: 912159650 ✦ Belmont, CA ✦ Designated as a 501(c)(3)

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Overview

What is Belmont-Redwood Shores Public School Foundation?

The Belmont-Redwood Shores Public School Foundation is a nonprofit organization based in Belmont, California. Their primary mission is to raise funds to support the Belmont-Redwood Shores School District, aiming to enhance the educational experience for students. They accomplish this by contributing to various programs, such as music, library, science, writing, and computer learning centers, ensuring the continuation of these enrichment initiatives. With a small team of two employees, this foundation plays a crucial role in supplementing the district's budget, thereby positively impacting the education of local children.


Official website here: www.schoolforce.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 87% - Three-Star out of Four Star Rating

The Belmont-Redwood Shores Public School Foundation has achieved an overall score of 87%, reflecting strong accountability and financial management. The organization boasts a fully independent board with 18 members, ensuring a robust governance structure. Its financial health is characterized by excellent metrics, including a program expense ratio of 88.09%, indicating that a significant portion of its budget is allocated directly to its educational programs.

Despite its strengths, the foundation has notable gaps in its policies, specifically the absence of a conflict of interest policy, whistleblower policy, and document retention policies. These omissions may raise concerns regarding transparency and the handling of ethical matters. However, the foundation has maintained a clean record with no material diversions of assets, which is a positive indicator for donors.

Additionally, the foundation demonstrates strong financial ratios, including a favorable liabilities to assets ratio and fundraising efficiency. With a working capital ratio of 1.91 years, the foundation appears to be in a solid position to support its ongoing initiatives effectively, despite the need for improving certain governance policies to enhance overall accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Belmont-Redwood Shores Public School Foundation legitimate?

Belmont-Redwood Shores Public School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont-Redwood Shores Public School 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: $183,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.schoolforce.org

What is the mission statement of Belmont-Redwood Shores Public School Foundation?

The Belmont-Redwood Shores Public School Foundation's mission is to support the Belmont-Redwood Shores School District by raising funds. This financial assistance is intended to maintain various district-wide enrichment programs, such as music programs, school libraries, science specialists, writing programs, and computer learning centers. By granting funds to the school district, the foundation aims to ensure a high-quality education for the children, supplementing the district's budget. In essence, the foundation's goal is to help preserve these educational programs that contribute to an exceptional learning environment.


Official website here: www.schoolforce.org

Who is the CEO of Belmont-Redwood Shores Public School Foundation?

Eric Bookstein is the Operations of Belmont-Redwood Shores Public School Foundation.


Official website here: www.schoolforce.org

What is the revenue of Belmont-Redwood Shores Public School Foundation?

Belmont-Redwood Shores Public School Foundation's revenue in 2022 was $3,447,843.


Official website here: www.schoolforce.org

Who are the executives of Belmont-Redwood Shores Public School Foundation and what are their salaries?

The average compensation at Belmont-Redwood Shores Public School Foundation during 2022 was $91,709. There are 2 employees and 34 volunteers at Belmont-Redwood Shores Public School Foundation.


Here are 21 key members and their salaries:


Aaron Daru (Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Sanvido (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Doerr (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristen Shinbashi (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Bookstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Casab (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherie Hafalia (Vp Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nivendita Sahasrabudhe (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carisa Olivo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allegra Newman (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Goldman (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hoffman (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ying Gonikman (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Kaldenbaugh (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Wells (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Pan (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ying Li (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kissick (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Kupbens (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ardythe Andrews (Executive Director)
  • Compensation: $126,609
  • Related: $0
  • Other: $0
Susan Alley (Operations Manager)
  • Compensation: $56,809
  • Related: $0
  • Other: $0


Official website here: www.schoolforce.org

Where can I find the form 990 for Belmont-Redwood Shores Public School Foundation?

Belmont-Redwood Shores Public School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.schoolforce.org

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

Mission Statement of Belmont-Redwood Shores Public School Foundation

The Belmont-Redwood Shores Public School Foundation works towards enriching the educational experience of students in its district by raising funds to supplement the financial resources allocated to teachers and various educational programs. Its mission is to preserve and continue supportive initiatives such as music programs, library services, science specialists, writing workshops, and computer learning centers within the district. By granting funds to the Belmont-Redwood Shores School District, this organization ensures that these enrichment programs remain available for the benefit of the students, thereby enhancing their overall educational journey.

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Impact




July, 2024

Belmont-Redwood Shores Public School Foundation has a significant impact on the education system in Belmont and Redwood Shores. By raising funds to supplement the resources of the school district, the organization ensures that teachers have the support they need to provide an exceptional education for the children in the community. This includes funding for various programs such as music, school libraries, science specialists, writing programs, and computer learning centers. Through its grants and support, the foundation plays a crucial role in ensuring that these vital educational initiatives are sustained and accessible to all students.




This information is meant to be a general summary of Belmont-Redwood Shores Public School 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
$3,447,843 (2022)
Expenses
$3,237,908 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27,594
  • Gross Receipts: $3,618,021

Assets and Liabilities:

  • Total Assets: $6,362,302
  • Total Liabilities: $587,816
  • Net Assets: $5,774,486

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Organization Details

Founding Year

2002

Principal Officer

Eric Bookstein

Main Address

PO BOX 5196, BELMONT, CA, 94002

NTEE Category

Code: B11 - Education

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