Overview
What is Glendale College Foundation?
The Glendale College Foundation is a nonprofit organization situated in Glendale, California, specifically at 1500 N Verdugo Rd AD149. Their primary mission is to fund and advocate for Glendale Community College, contributing to the upkeep of its facilities and programs. Additionally, they strive to increase public awareness about the college and generously provide scholarships to its students, thereby assisting in their educational journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Glendale College Foundation has achieved an impressive 97% rating from Charity Navigator, indicating a strong performance in accountability and financial health. With a majority of its board members being independent and a well-structured board size, the foundation demonstrates a commitment to good governance practices. Additionally, the absence of material diversion of assets and a robust auditing process further enhance its credibility.
Strengths include a high program expense ratio of 84.71%, which signifies that a substantial portion of its funds directly supports its educational mission. Moreover, the foundation has an outstanding fundraising efficiency ratio of just $0.02, indicating effective fundraising strategies that minimize costs. The foundation also maintains a strong working capital ratio, ensuring it has the necessary resources to sustain its operations over the long term.
While the Glendale College Foundation shows remarkable financial stewardship and governance, it is important for potential donors to consider the impact of its programs. Overall, the organization stands out as a reliable choice for contributing to educational initiatives, backed by impressive metrics and a commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Glendale College Foundation legitimate?
Glendale College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glendale 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: $64,077
For more financial information, click here
What is the mission statement of Glendale College Foundation?
The mission of Glendale College Foundation is centered around raising funds to enhance the facilities, programs, and educational offerings at a community college. The organization also works towards increasing public awareness about the college. Furthermore, they offer scholarships to students to support their academic pursuits and assist in the advancement of the educational programs at the college. In essence, Glendale College Foundation plays a crucial role in empowering the educational experience of the students and promoting the college within its community.
Who is the CEO of Glendale College Foundation?
Rick Dinger is the Gcc Liaison of Glendale College Foundation.
What is the revenue of Glendale College Foundation?
Glendale College Foundation's revenue in 2022 was $1,599,919.
Who are the executives of Glendale College Foundation and what are their salaries?
There 40 volunteers at Glendale College Foundation.
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Where can I find the form 990 for Glendale College Foundation?
Glendale College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glendale College Foundation
The Glendale College Foundation is committed to supporting the facilities and programs of Glendale Community College, while simultaneously building public awareness about the institution. One of its primary objectives is to raise funds for this purpose. Beyond financial assistance, the foundation also aims to promote and facilitate the educational programs undertaken by the college. Furthermore, the Glendale College Foundation provides scholarships to its students, offering them financial aid to pursue their education.
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Impact
July, 2024
Glendale College Foundation's impact is evident in its efforts to support Glendale Community College by providing scholarships to students, promoting and assisting educational programs, and raising funds to enhance college facilities and programs. The foundation plays a crucial role in building public awareness of the college and contributing to the educational success of students in the Glendale area. Through its mission to support the college, the Glendale College Foundation positively influences the educational landscape in the community.
This information is meant to be a general summary of Glendale 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: $205,501
- Gross Receipts: $1,667,488
Assets and Liabilities:
- Total Assets: $17,182,118
- Total Liabilities: $74,575
- Net Assets: $17,107,543
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Organization Details
Founding Year
1983
Phone
(818) 551-5199Principal Officer
Rick Dinger
Main Address
1500 N Verdugo Rd AD149, Glendale, CA, 91208
NTEE Category
Code: B41I - Education
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