Overview
What is Diablo Vista Retired Teachers Scholarship Foundation?
The Diablo Vista Retired Teachers Scholarship Foundation is a nonprofit organization that aims to foster educational growth. They accomplish this by granting scholarships to qualified students attending Diablo Valley and Los Medanos community colleges. This foundation's mission is centered around recognizing and supporting deserving students, thereby contributing to their academic success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Diablo Vista Retired Teachers Scholarship Foundation has received a 73% rating from Charity Navigator, indicating a Two-Star performance. This rating is based entirely on a single beacon score focused on Accountability & Finance, reflecting the organization's financial health and governance practices.
The foundation demonstrates strong governance, with 100% of its board members being independent, which is a significant strength in ensuring unbiased decision-making. Additionally, it shows no material diversion of assets and has documented board meeting minutes, indicating transparency in its operations. The organization also boasts a very low liabilities to assets ratio, highlighting its solid financial footing.
However, despite these strengths in accountability and financial management, the overall rating remains moderate due to the single-focus nature of the assessment. While program expense ratios are very high at 98.13%, indicating that most funds are allocated to programs, the lack of a broader evaluation may limit a complete understanding of the organization's overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Diablo Vista Retired Teachers Scholarship Foundation legitimate?
Diablo Vista Retired Teachers Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diablo Vista Retired Teachers Scholarship 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.
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What is the mission statement of Diablo Vista Retired Teachers Scholarship Foundation?
The Diablo Vista Retired Teachers Scholarship Foundation's mission is centered around fostering educational and academic achievements. They accomplish this by granting scholarships to eligible students who are currently enrolled in Diablo Valley and Los Medanos community colleges. The foundation's primary objective is to support deserving students in their academic pursuits, thereby contributing to their overall growth and development. The scholarship programs provided by the foundation aim to alleviate financial burdens and empower students to continue their educational journeys.
Who is the CEO of Diablo Vista Retired Teachers Scholarship Foundation?
Bernadine Yeghoian is the Board Member, President of Diablo Vista Retired Teachers Scholarship Foundation.
What is the revenue of Diablo Vista Retired Teachers Scholarship Foundation?
Diablo Vista Retired Teachers Scholarship Foundation's revenue in 2023 was $40,018.
Who are the executives of Diablo Vista Retired Teachers Scholarship Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Diablo Vista Retired Teachers Scholarship Foundation?
Diablo Vista Retired Teachers Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Diablo Vista Retired Teachers Scholarship Foundation
The Diablo Vista Retired Teachers Scholarship Foundation is dedicated to advancing educational and academic achievements. This nonprofit organization accomplishes this by granting scholarships to deserving students who are enrolled in Diablo Valley and Los Medanos community colleges. The foundation's mission is to recognize and support the academic pursuits of these students, aiming to help them achieve their academic goals and reach new heights in their education. The Diablo Vista Retired Teachers Scholarship Foundation serves as a beacon of hope and opportunity for these students, empowering them to continue their educational journeys and build a brighter future for themselves.
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Impact
August, 2024
The Diablo Vista Retired Teachers Scholarship Foundation has a significant impact on students enrolled in Diablo Valley and Los Medanos Community Colleges. By awarding scholarships to deserving students, the foundation plays a crucial role in promoting educational and academic accomplishments. These scholarships not only provide financial assistance but also inspire and motivate students to achieve their academic goals. Through its support, the foundation contributes to the educational success and future opportunities of students in Concord, California.
This information is meant to be a general summary of Diablo Vista Retired Teachers Scholarship 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: $23,716
- Gross Receipts: $40,018
Assets and Liabilities:
- Total Assets: $1,292,199
- Total Liabilities: $0
- Net Assets: $1,292,199
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Organization Details
Founding Year
1982
Phone
(925) 671-0662Principal Officer
Bernadine Yeghoian
Main Address
2281 Leland Way, Concord, CA, 94520
NTEE Category
Code: B82 - Education
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