Overview
What is Laguna Beach Education Foundation?
The Laguna Beach Education Foundation is a nonprofit organization situated in Laguna Beach, California, specifically at 733 Saint Ann's Drive. Their primary mission is to boost the educational experiences of children in the Laguna Beach Unified School District. They accomplish this by raising funds annually, which they donate to the school district for both specific and unrestricted uses. The foundation operates with a team of four dedicated individuals and is supported by volunteers. SchoolPower, a volunteer-based entity, is their driving force, working tirelessly to enrich the education of all children in the district.
Official website here: www.lbschoolpower.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Laguna Beach Education Foundation has received a moderate score, indicating that while it demonstrates some strengths, there are significant areas for improvement. The organization's accountability and finance metrics highlight a strong commitment to independent governance, with 100% of board members being independent and a good ratio of liabilities to assets.
On the positive side, the foundation shows excellent program expense efficiency, with 85.31% of expenses allocated directly to its programs. It also maintains transparency by posting its tax forms on its website and providing minutes from board meetings. However, the absence of critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy has impacted its overall score negatively.
Despite the strengths, the lack of financial statements significantly detracts from its accountability rating, illustrating a need for better reporting practices. The foundation needs to address these gaps to enhance its transparency and reliability to donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Laguna Beach Education Foundation legitimate?
Laguna Beach Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laguna Beach 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
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Other Salaries and Wages: $151,029
For more financial information, click here
Official website here: www.lbschoolpower.org
What is the mission statement of Laguna Beach Education Foundation?
The Laguna Beach Education Foundation, a volunteer-driven non-profit organization, is committed to enriching the educational experiences of all children within the Laguna Beach School District. Their primary mission involves raising funds to support this endeavor. Annually, the organization executes this task by organizing fundraising events, with the collected funds then donated to the school district for both specific and unrestricted use, allowing the district to allocate resources as needed.
Official website here: www.lbschoolpower.org
Who is the CEO of Laguna Beach Education Foundation?
Iva Pawling is the Director of Laguna Beach Education Foundation.
Official website here: www.lbschoolpower.org
What is the revenue of Laguna Beach Education Foundation?
Laguna Beach Education Foundation's revenue in 2022 was $780,998.
Official website here: www.lbschoolpower.org
Who are the executives of Laguna Beach Education Foundation and what are their salaries?
The average compensation at Laguna Beach Education Foundation during 2022 was $37,757. There are 4 employees and 32 volunteers at Laguna Beach Education Foundation.
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Official website here: www.lbschoolpower.org
Where can I find the form 990 for Laguna Beach Education Foundation?
Laguna Beach Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lbschoolpower.org
Learn more at the official website: www.lbschoolpower.org
Mission Statement of Laguna Beach Education Foundation
The Laguna Beach Education Foundation, a volunteer-driven, non-profit organization, is dedicated to enriching the educational experiences of all children within the Laguna Beach Unified School District. Their primary mission is to raise funds, serving as a benefactor to the school district for both specific and unrestricted purposes. By doing so, they contribute significantly to the district's ability to provide a well-rounded and enriching educational environment for its students.
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Impact
July, 2024
The Laguna Beach Education Foundation positively impacts the education of children in the Laguna Beach School District by providing crucial financial assistance to the district. Through their fundraising efforts, they ensure that the school district has resources for both specific needs and unrestricted use, ultimately enriching the educational experience for all students in the community.
This information is meant to be a general summary of Laguna Beach 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,008,563
Assets and Liabilities:
- Total Assets: $547,964
- Total Liabilities: $93
- Net Assets: $547,871
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Organization Details
Founding Year
1981
Phone
(949) 494-6811Principal Officer
Iva Pawling
Main Address
733 SAINT ANNS DR, LAGUNA BEACH, CA, 92651
Website
www.lbschoolpower.orgNTEE Category
Code: B20J - Education
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