Overview
What is California State University Los Angeles Foundation?
The California State University Los Angeles Foundation is a nonprofit organization situated in LOS ANGELES, CALIFORNIA. Its primary objective is to enhance the educational, cultural, scholarly, and creative activities, as well as the role of community service at California State University, Los Angeles. They achieve this by proactively securing private funding, managing donated resources responsibly, and extending support to the university, embracing its diverse and unique character. The foundation's mission is to promote scientific, literary, and educational programs within the university.
Official website here: www.calstatela.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The California State University Los Angeles Foundation has earned a commendable Four-Star rating, reflecting a strong commitment to accountability and financial management. The overall score is derived from a high accountability and finance score of 97%, indicating effective stewardship of funds and transparent operations. The foundation boasts a majority of independent board members, ensuring governance is conducted with integrity and minimal conflict of interest.
Strengths of the organization include an exemplary financial oversight structure, having no material diversion of assets and a solid liability to assets ratio. Additionally, it maintains a high program expense ratio, dedicating a significant portion of its budget to programs rather than administrative costs. The foundation’s commitment to transparency is further underscored by its adherence to policies regarding document retention and conflict of interest, as well as the distribution of tax forms to board members prior to filing.
Despite its strong performance, the program expense ratio of 65.45% could suggest room for improvement in how funds are allocated towards direct program services versus administrative and fundraising expenses. However, the organization's fundraising efficiency is impressive, with a minimal cost per dollar raised, indicating effective fundraising strategies. Overall, the foundation stands as a well-managed nonprofit dedicated to serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is California State University Los Angeles Foundation legitimate?
California State University Los Angeles Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California State University Los Angeles 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: $0
For more financial information, click here
Official website here: www.calstatela.edu
What is the mission statement of California State University Los Angeles Foundation?
The California State University Los Angeles Foundation's mission is centered around enhancing the educational, cultural, scholarly, and creative activities, as well as the community service role of California State University, Los Angeles. This is achieved by proactively securing private funding, managing donated resources responsibly, and providing support to the university, embracing its diverse and unique character. The foundation's grants primarily focus on promoting scientific, literary, and educational programs at California State University, Los Angeles.
Official website here: www.calstatela.edu
Who is the CEO of California State University Los Angeles Foundation?
Robert Avalos is the Trustee of California State University Los Angeles Foundation.
Official website here: www.calstatela.edu
What is the revenue of California State University Los Angeles Foundation?
California State University Los Angeles Foundation's revenue in 2022 was $6,019,574.
Official website here: www.calstatela.edu
Who are the executives of California State University Los Angeles Foundation and what are their salaries?
There 21 volunteers at California State University Los Angeles Foundation.
Here are 30 key members and their salaries:
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Official website here: www.calstatela.edu
Where can I find the form 990 for California State University Los Angeles Foundation?
California State University Los Angeles Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.calstatela.edu
Learn more at the official website: www.calstatela.edu
Mission Statement of California State University Los Angeles Foundation
The California State University Los Angeles Foundation is committed to enhancing the educational, cultural, scholarly, and creative activities, as well as the community service role of California State University, Los Angeles. To achieve this mission, the foundation focuses on increasing private funding, managing donated resources responsibly, and supporting the university and its diverse and distinct nature. By doing so, the California State University Los Angeles Foundation aims to contribute to the university's growth and development in various domains. The foundation provides grants to California State University, Los Angeles to promote scientific, literary, and educational programs, thereby supporting the university's overall mission and objectives.
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Impact
July, 2024
The California State University Los Angeles Foundation plays a crucial role in advancing the educational, cultural, scholarly, and creative activities at California State University, Los Angeles. By increasing private funding, responsibly managing donated resources, and supporting the university and its diverse nature, the foundation enables the university to enhance its offerings and impact. Specifically, the foundation provides grants to California State University, Los Angeles to promote scientific, literary, and educational programs. Through these efforts, the foundation contributes to the enrichment of students, faculty, and the broader community in Los Angeles.
This information is meant to be a general summary of California State University Los Angeles 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: $2,821,539
- Gross Receipts: $32,943,482
Assets and Liabilities:
- Total Assets: $71,178,285
- Total Liabilities: $113,984
- Net Assets: $71,064,301
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Organization Details
Founding Year
1984
Phone
(323) 343-3550Principal Officer
Robert Avalos
Main Address
5151 STATE UNIVERSITY DR SSB 5380, LOS ANGELES, CA, 90032
Website
www.calstatela.eduNTEE Category
Code: B110 - Education
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