Overview
What is Cerritos College Foundation?
The Cerritos College Foundation, located in Norwalk, California, serves as a vital link between the college, private sector, and community organizations. Its primary mission is to foster financial resources and partnerships, enhancing various college programs. The foundation also plays a significant role in supporting individual students and funding special projects. By promoting the college to local businesses and industries in southeastern Los Angeles County, the foundation raises funds to improve facilities and programs. The Cerritos College Foundation offers scholarships to students attending the college, providing financial assistance and contributing to their academic success. With a team of 11 dedicated employees, the foundation continues to make a positive impact on the college community.
Official website here: www.cerritosccf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Cerritos College Foundation has achieved a high rating of 96%, reflecting strong performance in Accountability & Finance. The organization excels in several key areas, including having a fully independent board with 100% independent members, and maintaining solid financial oversight, as evidenced by a perfect score in the Audit and Oversight Committee evaluation.
The foundation demonstrates effective governance and transparency, with well-documented policies for conflict of interest, whistleblowing, and document retention. Furthermore, the foundation's financial health is solid, with a low liability-to-assets ratio, indicating prudent financial management.
While the overall score is impressive, it is important to note that the rating is based solely on financial accountability metrics, which may not encompass the full scope of the foundation's impact or effectiveness in program delivery. Overall, Cerritos College Foundation stands out for its strong governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Cerritos College Foundation legitimate?
Cerritos College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cerritos College 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: $149,637
For more financial information, click here
Official website here: www.cerritosccf.org
What is the mission statement of Cerritos College Foundation?
The Cerritos College Foundation's mission is centered around raising funds and establishing partnerships to enhance the college's programs. It serves as a bridge between the institution, the private sector, and community organizations, promoting the college's needs and engaging with businesses within Southeastern Los Angeles County. The primary goal is to generate public awareness about the college's requirements and to improve its facilities and programs through fundraising efforts. Scholarships are also provided to students attending Cerritos College, contributing to their educational journey.
Official website here: www.cerritosccf.org
Who is the CEO of Cerritos College Foundation?
Martha Pelayo is the Director of Cerritos College Foundation.
Official website here: www.cerritosccf.org
What is the revenue of Cerritos College Foundation?
Cerritos College Foundation's revenue in 2022 was $1,450,422.
Official website here: www.cerritosccf.org
Who are the executives of Cerritos College Foundation and what are their salaries?
The average compensation at Cerritos College Foundation during 2022 was $13,603. There are 11 employees at Cerritos College Foundation.
Here are 22 key members and their salaries:
- Compensation: $0
- Related: $354,065
- Other: $53,134
- Compensation: $0
- Related: $137,405
- Other: $41,992
- Compensation: $0
- Related: $33,022
- Other: $2,045
- Compensation: $0
- Related: $33,022
- Other: $2,046
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cerritosccf.org
Where can I find the form 990 for Cerritos College Foundation?
Cerritos College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cerritosccf.org
Learn more at the official website: www.cerritosccf.org
Mission Statement of Cerritos College Foundation
The Cerritos College Foundation serves as a bridge between the college, private sector entities, and community organizations. Its primary objective is to raise awareness of the college's needs and promote it to businesses and industries within Southeastern Los Angeles County. Additionally, the foundation works tirelessly to generate funds for enhancing the college's facilities and programs. By forging these partnerships, the Cerritos College Foundation plays a crucial role in supporting individual students and funding special projects within the institution.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Cerritos College Foundation plays a vital role by providing scholarships to students attending Cerritos College. Through developing financial resources and partnerships, the foundation enhances all college programs, supports individual students, and funds special projects. It serves as a bridge between the college, private sector, and community organizations, raising public awareness of the college's needs, promoting it to businesses in southeastern Los Angeles County, and raising funds for quality facilities and programs. By facilitating these connections and providing financial assistance, the foundation significantly impacts the education and opportunities available to students at Cerritos College.
This information is meant to be a general summary of Cerritos College 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 2022.
- Investment Income: $266,929
- Program Service Revenue: $392,721
- Gross Receipts: $6,490,293
Assets and Liabilities:
- Total Assets: $9,044,403
- Total Liabilities: $33,819
- Net Assets: $9,010,584
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED EDUCATION
Revenue
$392,721
Organization Details
Founding Year
1979
Phone
(562) 860-2451Principal Officer
Martha Pelayo
Main Address
11110 E ALONDRA BLVD, NORWALK, CA, 90650
Website
www.cerritosccf.orgNTEE Category
Code: B42I - Education
If you are a representative of Cerritos College Foundation 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.