Porterville Education Foundation

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

EIN: 942907769 ✦ Porterville, CA ✦ Designated as a 501(c)(3)

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Overview

What is Porterville Education Foundation?

The Porterville Education Foundation is a nonprofit organization situated in Porterville, California. Their primary mission revolves around promoting educational achievements by financially supporting various school district programs. They execute this goal through multiple avenues, such as funding the annual awards program for students, offering scholarships to college-bound students, and sponsoring school events to enhance overall education. In addition, they provide financial aid to various schools to support their educational activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star Rating

The Porterville Education Foundation has received a rating of 80%, which reflects a solid level of accountability and financial stability. This score is primarily derived from a focus on Accountability & Finance, indicating that the organization manages its resources effectively and maintains a high standard of governance. The foundation boasts a fully independent board and has demonstrated responsible asset management with no material diversions reported.

Despite these strengths, there are some areas where the foundation falls short. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for ensuring transparency and safeguarding against potential risks. These omissions have impacted their overall score in the accountability metrics, suggesting that while financial aspects are handled well, governance practices need improvement.

Overall, while the Porterville Education Foundation demonstrates commendable financial performance and governance structure, it is essential for the organization to address its policy gaps to enhance its accountability framework further. By doing so, they could improve their rating and instill greater confidence among stakeholders and donors.


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

Is Porterville Education Foundation legitimate?

Porterville Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Porterville 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Porterville Education Foundation?

The Porterville Education Foundation's mission is centered around promoting educational achievements among students. They achieve this by providing financial support to the school district's education programs. This financial aid is instrumental in sponsoring various educational activities and events. One of their notable initiatives is an annual awards program, where they offer scholarships to deserving students planning to pursue higher education. Furthermore, the foundation provides grants to support reading programs and other educational activities within schools.

Who is the CEO of Porterville Education Foundation?

Dennis Sexton is the President of Porterville Education Foundation.

What is the revenue of Porterville Education Foundation?

Porterville Education Foundation's revenue in 2022 was $139,612.

Who are the executives of Porterville Education Foundation and what are their salaries?


Here are 12 key members and their salaries:


Yolanda Bocanegra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Graybehl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sexton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yuriko Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Phillips (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marina Lopez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Stadtherr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Figueroa Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jedidiah Hackett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Velasquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abel Ojeda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Porterville Education Foundation?

Porterville Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Porterville Education Foundation

The Porterville Education Foundation, an organization dedicated to promoting educational achievements, accomplishes this mission by financially supporting the education programs of the local school district. By providing scholarships to students pursuing higher education and funding various school events, the foundation aims to enhance the learning experience for students. Additionally, the foundation awards grants to initiatives that further enrich the educational environment within the school district. Through these efforts, the Porterville Education Foundation contributes significantly to fostering a conducive learning atmosphere and encouraging academic success among students.

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Impact




October, 2024

The Porterville Education Foundation significantly enhances the educational landscape for students in Porterville, California, by funding and sponsoring an annual awards program that recognizes student achievements. Through scholarships, the foundation provides vital financial support to students pursuing higher education, ensuring they have the resources necessary to succeed in college.

Additionally, the foundation funds various school events designed to enrich the educational experience, fostering a supportive environment that promotes academic and personal growth. It also grants funds to student reading programs and other educational activities across local schools, furthering its commitment to improving literacy and learning outcomes. By prioritizing the financial support of school district education programs, the Porterville Education Foundation plays a crucial role in promoting educational achievements and empowering students to reach their full potential.




This information is meant to be a general summary of Porterville 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.

Revenue
$139,612 (2022)
Expenses
$154,092 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56,156
  • Gross Receipts: $222,889

Assets and Liabilities:

  • Total Assets: $1,829,650
  • Total Liabilities: $508,667
  • Net Assets: $1,320,983

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Organization Details

Founding Year

1983

Principal Officer

Dennis Sexton

Main Address

PO BOX 1150, PORTERVILLE, CA, 93258

NTEE Category

Code: B84 - Education

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