Laguna Beach Education Endowment And Cap

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

EIN: 931021970 ✦ Laguna beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Laguna Beach Education Endowment And Cap?

The Laguna Beach Education Endowment and Cap is a nonprofit organization situated in Laguna Beach, California, specifically at 733 St. Ann's Drive. Its primary objective is to enhance educational excellence in the local public schools through sustained private funding. This endowment and capital fund aim to provide additional resources for the Laguna Beach Unified School District. The income generated from this fund is intended to assist the school district in its operations and initiatives. The mission of this nonprofit organization is to foster educational growth and success in the community by leveraging long-term private funding.


Official website here: www.lbschoolpower.org

Is Laguna Beach Education Endowment And Cap legitimate?

Laguna Beach Education Endowment And Cap is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laguna Beach Education Endowment And Cap 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.lbschoolpower.org

What is the mission statement of Laguna Beach Education Endowment And Cap?

The Laguna Beach Education Endowment and Capital Fund is committed to promoting educational excellence in public schools through the utilization of long-term private funding. This mission aims to provide ongoing financial assistance to the Laguna Beach Unified School District, utilizing income generated from the fund. The objective is to enhance the educational experience for students, ensuring a high-quality educational environment. The endowment serves as a long-term investment in the future of education, aiming to support the district in various ways.


Official website here: www.lbschoolpower.org

Who is the CEO of Laguna Beach Education Endowment And Cap?

Steve Samuelian is the President of Laguna Beach Education Endowment And Cap.


Official website here: www.lbschoolpower.org

What is the revenue of Laguna Beach Education Endowment And Cap?

Laguna Beach Education Endowment And Cap's revenue in 2022 was $255,723.


Official website here: www.lbschoolpower.org

Who are the executives of Laguna Beach Education Endowment And Cap and what are their salaries?

There 10 volunteers at Laguna Beach Education Endowment And Cap.


Here are 10 key members and their salaries:


Buzz Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Halloran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iva Pawling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harpal Sadhal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Motherway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smialowicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Brashier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Samuelian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Nozzarella (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lbschoolpower.org

Where can I find the form 990 for Laguna Beach Education Endowment And Cap?

Laguna Beach Education Endowment And Cap's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lbschoolpower.org

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

Mission Statement of Laguna Beach Education Endowment And Cap

The Laguna Beach Education Endowment and Capital Fund is committed to enhancing educational excellence in public schools through the power of long-term private funding. This organization's mission is to provide a sustainable source of income for the Laguna Beach Unified School District. The funds generated by this endowment are intended to aid the school district in various capacities, contributing to the overall improvement of the educational experience for students.

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Impact




October, 2024

Laguna Beach Education Endowment and Capital Fund plays a pivotal role in enhancing educational excellence within the Laguna Beach Unified School District. By providing long-term private funding, it supports various initiatives and programs that directly benefit students and educators. The income generated from this endowment is crucial for aiding the district in its mission to deliver high-quality education.

This financial support allows schools to implement innovative teaching methods, enrich curricula, and improve facilities, ensuring that all students have access to a superior educational experience. The endowment not only addresses immediate funding needs but also fosters sustainability, creating a lasting impact on the community’s educational landscape. Through strategic investments in education, it helps to maintain and elevate the standards of public schooling in Laguna Beach.




This information is meant to be a general summary of Laguna Beach Education Endowment And Cap. 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
$255,723 (2022)
Expenses
$28,267 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $255,050
  • Gross Receipts: $351,859

Assets and Liabilities:

  • Total Assets: $4,338,678
  • Total Liabilities: $0
  • Net Assets: $4,338,678

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Organization Details

Founding Year

1990

Principal Officer

Steve Samuelian

Main Address

733 ST ANNS DR, LAGUNA BEACH, CA, 92651

NTEE Category

Code: B12 - Education

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