Overview
What is Lassen College Foundation Inc?
Lassen College Foundation Inc, situated in Susanville, California, is a dedicated nonprofit organization that supports Lassen Community College. Its primary mission is to foster outstanding educational programs by providing financial aid to students and advocating for scholarships. The foundation raises funds through various means and contributes to student aid initiatives, thereby assisting students in achieving their higher education goals. The Lassen College Foundation's activities are aligned with the college's mission, aiming to enhance the educational experience for all students.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Lassen College Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting an 81% score in accountability and finance. This rating is derived solely from a single beacon score that emphasizes the foundation's commitment to financial transparency and responsible management practices. The foundation stands out with a fully independent board and has demonstrated no material diversion of assets.
Strengths include perfect scores for board independence, size, and high program expense ratio, indicating a significant portion of its funds are directed towards its mission-related activities. Additionally, the foundation's website is appropriately listed on its tax form, and it has a conflict of interest policy in place, contributing to its accountability score.
However, limitations were noted in its governance practices, specifically the absence of a whistleblower policy and a document retention and destruction policy, which both received zero points. While the foundation demonstrates strong financial accountability, these gaps in governance policies could be areas for improvement to enhance its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Lassen College Foundation Inc legitimate?
Lassen College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lassen College Foundation Inc 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: $71,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.none
What is the mission statement of Lassen College Foundation Inc?
The Lassen College Foundation's mission is to aid in the fulfillment of Lassen College's mission by providing exceptional education programs for students pursuing higher education goals. They achieve this through financial support for various college programs and the provision of scholarships. The foundation raises funds and receives contributions, not solely designated for scholarships, to fund these activities, specifically supporting student programs in athletics and student aid.
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Who is the CEO of Lassen College Foundation Inc?
Sophia Wages is the President of Lassen College Foundation Inc.
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What is the revenue of Lassen College Foundation Inc?
Lassen College Foundation Inc's revenue in 2022 was $79,070.
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Who are the executives of Lassen College Foundation Inc and what are their salaries?
There 20 volunteers at Lassen College Foundation Inc.
Here are 6 key members and their salaries:
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- Compensation: $71,176
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Lassen College Foundation Inc
Lassen College Foundation Inc, dedicated to supporting Lassen College's mission of providing quality higher education opportunities, fulfills its role primarily through financial aid and scholarships. The foundation's mission is to bolster the educational programs and student assistance at Lassen Community College. This is achieved through various means, including fundraising activities and unrestricted contributions. By doing so, the Lassen College Foundation Inc directly contributes to the provision of scholarships and aids for athletic programs at the college, thereby empowering students to pursue their higher education goals.
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Impact
August, 2024
The impact of Lassen College Foundation Inc can be seen in its support of Lassen College's mission to provide outstanding programs for all individuals seeking higher education goals. Through student scholarship support and advocacy, the foundation plays a crucial role in helping students access education and achieve their academic ambitions. Additionally, the foundation's contributions towards student programs, athletics, and student aid demonstrate a commitment to enhancing the overall educational experience at Lassen Community College. By raising funds and providing financial support for college programs and scholarships, the foundation is instrumental in empowering students and fostering a culture of academic success.
This information is meant to be a general summary of Lassen College Foundation Inc. 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: $1,078
- Gross Receipts: $150,270
Assets and Liabilities:
- Total Assets: $794,210
- Total Liabilities: $402,488
- Net Assets: $391,722
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Organization Details
Founding Year
1977
Phone
(530) 310-0303Principal Officer
Sophia Wages
Main Address
30 SOUTH ROOP STREET, SUSANVILLE, CA, 961304336
Website
www.noneIf you are a representative of Lassen College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.