Overview
What is Foundation For The Los Angeles Community Colleges?
The Foundation for the Los Angeles Community Colleges is a nonprofit organization situated in Los Angeles, California, specifically at 770 Wilshire Blvd, 8th Floor, 90017. Its primary mission is to bolster the educational and cultural programs offered by the Los Angeles Community College campuses. The foundation also plays a crucial role in promoting the district's public relations. In addition to this, the organization extends its support by providing scholarship payments and laptops to the students studying at these campuses. Their contributions are instrumental in enriching the learning experience and fostering academic success within the community college system.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Foundation For The Los Angeles Community Colleges has received a strong rating of 87% based on its accountability and finance metrics, which reflects a commitment to transparency and responsible financial management. The organization boasts a highly independent board, with 94% of its members being independent, which enhances its decision-making integrity. Additionally, all financial statements are audited and overseen by a dedicated committee, and there has been no material diversion of assets.
Despite its strengths, there are some areas for improvement. The foundation does not currently have a whistleblower policy in place, which may raise concerns regarding internal accountability. However, it has demonstrated strong financial health, with a program expense ratio of 96.8%, indicating that a significant portion of its expenses directly supports its programs. Its fundraising efficiency is also commendable, with no fundraising costs reported.
Overall, the foundation is positioned well in terms of governance and financial practices, although the absence of a whistleblower policy is a noted limitation. The organization continues to effectively manage its resources to support the community colleges in Los Angeles.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For The Los Angeles Community Colleges legitimate?
Foundation For The Los Angeles Community Colleges is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Los Angeles Community Colleges 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: $0
For more financial information, click here
What is the mission statement of Foundation For The Los Angeles Community Colleges?
The Foundation For The Los Angeles Community Colleges supports the educational and cultural programs of the Los Angeles Community College campuses and works to enhance the district's public relations. This non-profit organization's mission is to contribute financially to scholarships and provide laptops to students, thereby fostering their academic success. Its activities aim to promote the overall development and recognition of the community colleges in the region.
Who is the CEO of Foundation For The Los Angeles Community Colleges?
Jeanette Gordon is the Director/Laccd Chancellor of Foundation For The Los Angeles Community Colleges.
What is the revenue of Foundation For The Los Angeles Community Colleges?
Foundation For The Los Angeles Community Colleges's revenue in 2022 was $2,978,446.
Who are the executives of Foundation For The Los Angeles Community Colleges and what are their salaries?
There 19 volunteers at Foundation For The Los Angeles Community Colleges.
Here are 21 key members and their salaries:
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- Other: $49,335
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Where can I find the form 990 for Foundation For The Los Angeles Community Colleges?
Foundation For The Los Angeles Community Colleges's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For The Los Angeles Community Colleges
The Foundation for the Los Angeles Community Colleges, a notable organization, is committed to supporting the educational and cultural programs of the Los Angeles Community College campuses. Its mission extends beyond just providing resources; it also plays a crucial role in promoting the public relations of the district. This means that the foundation works tirelessly to enhance the reputation and visibility of the community colleges, ensuring that their programs receive the recognition and support they deserve.
In practical terms, the foundation achieves this mission by providing scholarship payments and distributing laptops to students attending the Los Angeles Community College campuses. By doing so, it not only alleviates some of the financial burden faced by students but also empowers them with the necessary tools to excel in their studies. This support is crucial in enabling students to pursue their academic goals and contribute to their communities, thereby fostering a vibrant and educated society.
In essence, the Foundation for the Los Angeles Community Colleges serves as a catalyst for the success of the community colleges' students and programs. By providing financial assistance and promoting the district's public relations, it plays a vital role in ensuring that the educational and cultural programs of the Los Angeles Community College campuses thrive and make a positive impact on the community.
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Impact
July, 2024
Foundation For The Los Angeles Community Colleges impacts the educational and cultural programs of the Los Angeles Community College campuses by providing scholarship payments and laptops to students. This support contributes to the academic success and professional development of students within the community colleges in Los Angeles. Through their efforts, the foundation enhances access to higher education and promotes the district's public relations, ultimately striving to create a more educated and skilled workforce in the city of Los Angeles.
This information is meant to be a general summary of Foundation For The Los Angeles Community Colleges. 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: -$708
- Gross Receipts: $2,979,959
Assets and Liabilities:
- Total Assets: $2,779,110
- Total Liabilities: $76,591
- Net Assets: $2,702,519
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Organization Details
Founding Year
1987
Phone
(213) 891-2090Principal Officer
Jeanette Gordon
Main Address
770 WILSHIRE BLVD 8TH FLOOR, LOS ANGELES, CA, 90017
NTEE Category
Code: B12 - Education
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