Overview
What is Berkeley Community Scholars?
Berkeley Community Scholars Dba Berkeley Community Fund is a nonprofit organization situated in Berkeley, California. Their primary mission is to bridge the opportunity gap for students from lower-income families by offering scholarships, connections, and various forms of support. This assistance is crucial in enabling these students to excel in college and beyond. The organization's program is need-based, targeting graduates of Berkeley public high schools who are currently pursuing their education at community colleges or four-year institutions with the aim of earning a bachelor's degree. Their approach is multifaceted, encompassing advisory services, mentoring, career readiness, and scholarship provision. As of FY22, approximately 77% of their scholars, who have been in college for five years or less, have successfully completed their bachelor's degrees. The organization currently employs a team of 6 dedicated individuals.
Official website here: www.berkeleyscholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
Berkeley Community Scholars, operating as the Berkeley Community Fund, has received a commendable Three-Star rating, indicating a solid performance in the areas of accountability and finance, as well as community engagement. The organization boasts an impressive 93% score in Culture & Community, demonstrating a strong commitment to its mission and community involvement. The majority of the board members are independent, which enhances its governance structure.
Financially, the organization demonstrates a healthy Program Expense Ratio of 72.75%, suggesting that a significant portion of funds is directed towards its programs rather than administrative costs. Furthermore, the absence of material diversion of assets and strong practices in feedback collection and usage highlight the organization's dedication to transparency and responsiveness to stakeholder input.
However, while the organization performs well in many areas, some equity data points indicate room for improvement, with scores of 5 out of 7 and 4 out of 7 for equity data and equity policies & processes, respectively. This suggests that while they are making strides in equity strategies, there may be opportunities to strengthen their approach further. Overall, the organization appears to be on a positive trajectory with a solid foundation in accountability and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Berkeley Community Scholars legitimate?
Berkeley Community Scholars is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Community Scholars 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: $145,523
Professional Fundraising Fees: $13,500
Other Salaries and Wages: $227,326
For more financial information, click here
Official website here: www.berkeleyscholars.org
What is the mission statement of Berkeley Community Scholars?
Berkeley Community Scholars, operating under the name Berkeley Community Fund, seeks to bridge the opportunity gap for youth from lower-income families in Berkeley. Their mission is achieved through the provision of scholarships, connections, and various forms of support, all instrumental in ensuring the success of these students in their college education and beyond. The program offers a four-tiered approach, encompassing academic guidance, mentoring, career readiness, and financial aid. As of FY22, 77% of the scholars who have attended college for five years or less have successfully completed their bachelor's degrees.
Official website here: www.berkeleyscholars.org
Who is the CEO of Berkeley Community Scholars?
Sherry Smith is the Executive Dir. of Berkeley Community Scholars.
Official website here: www.berkeleyscholars.org
What is the revenue of Berkeley Community Scholars?
Berkeley Community Scholars's revenue in 2022 was $1,151,144.
Official website here: www.berkeleyscholars.org
Who are the executives of Berkeley Community Scholars and what are their salaries?
The average compensation at Berkeley Community Scholars during 2022 was $62,142. There are 6 employees and 130 volunteers at Berkeley Community Scholars.
Here are 17 key members and their salaries:
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Official website here: www.berkeleyscholars.org
Where can I find the form 990 for Berkeley Community Scholars?
Berkeley Community Scholars's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.berkeleyscholars.org
Learn more at the official website: www.berkeleyscholars.org
Mission Statement of Berkeley Community Scholars
Berkeley Community Scholars, a notable organization, aims to bridge the opportunity gap for youth from lower-income families in Berkeley. Their mission is multifaceted, encompassing the provision of scholarships, fostering connections, and offering essential support. This comprehensive approach is instrumental in aiding these young individuals in achieving academic success at community colleges and four-year institutions, ultimately earning a bachelor's degree. The organization employs a four-tiered strategy, consisting of academic advising, mentoring, career readiness, and scholarship programs. Their dedication and support have led to impressive results, with 77% of their scholars who have attended college for five years or less completing their bachelor's degrees.
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Impact
July, 2024
Berkeley Community Scholars, operating as Berkeley Community Fund, is making a significant impact in bridging the opportunity divide for Berkeley youth from lower-income families. Through a need-based college success program, they provide scholarships, connections, and support crucial for success in college and beyond. With a four-tiered approach focusing on advising, mentoring, career readiness, and scholarships, they have helped 77% of their scholars who have attended college for five years or less to complete a bachelor's degree as of FY22. This organization is playing a crucial role in empowering Berkeley youth to break barriers and achieve their academic goals.
This information is meant to be a general summary of Berkeley Community Scholars. 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: $43,906
- Gross Receipts: $1,151,144
Assets and Liabilities:
- Total Assets: $2,875,129
- Total Liabilities: $136,083
- Net Assets: $2,739,046
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Organization Details
Founding Year
1998
Phone
(510) 542-2126Principal Officer
Sherry Smith
Main Address
PO Box 680, Berkeley, CA, 94701
Website
www.berkeleyscholars.orgNTEE Category
Code: T70 - Philanthropy
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