Overview
What is Sherman Oaks Parents Association?
The Sherman Oaks Parents Association is a nonprofit organization situated in Sherman Oaks, California. With a modest workforce of 17 dedicated individuals, their primary objective is to enrich the educational experience of students at Sherman Oaks Elementary Charter School. They achieve this by fundraising to support various enrichment programs, such as music, science, computer, and art explorer, and by providing before and after school child care services. This organization strives to enhance the overall development of its students, ensuring a well-rounded educational journey.
Official website here: www.shermanoakselementarycharter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Sherman Oaks Parents Association has received a rating of 69%, categorized as "Needs Improvement" by Charity Navigator. This rating reflects concerns regarding the organization's accountability and finance practices, with a particularly low score in the financial statements area, receiving no points for transparency. However, the nonprofit has demonstrated strong governance with 100% independent board members and a solid program expense ratio of 81.40%, indicating that a significant portion of their budget is directed towards their programs.
Despite these strengths, the organization faces significant limitations, particularly in its lack of key policies such as a conflict of interest policy, whistleblower policy, and document retention protocols, all of which received zero points. Additionally, the absence of financial statements posted on their website limits transparency regarding their financial health. While the organization shows promise in governance and program spending, these gaps in accountability may affect donor confidence and support.
Overall, while the Sherman Oaks Parents Association has a capable board and a high percentage of expenses going towards programs, their rating indicates critical areas for improvement in financial transparency and governance policies. Addressing these issues could enhance their standing and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sherman Oaks Parents Association legitimate?
Sherman Oaks Parents Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherman Oaks Parents Association 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: $256,055
For more financial information, click here
Official website here: www.shermanoakselementarycharter.com
What is the mission statement of Sherman Oaks Parents Association?
The Sherman Oaks Parents Association aims to enhance the educational experience of students attending the Sherman Oaks Elementary Charter School. They achieve this by fundraising to support enrichment programs in areas such as music, science, computer, and art, as well as providing before and after school child care. The association's mission is centered around enriching the educational journey of these students, thereby contributing to their overall development.
Official website here: www.shermanoakselementarycharter.com
Who is the CEO of Sherman Oaks Parents Association?
Shannon Hodson is the Director of Sherman Oaks Parents Association.
Official website here: www.shermanoakselementarycharter.com
What is the revenue of Sherman Oaks Parents Association?
Sherman Oaks Parents Association's revenue in 2023 was $759,099.
Official website here: www.shermanoakselementarycharter.com
Who are the executives of Sherman Oaks Parents Association and what are their salaries?
The average compensation at Sherman Oaks Parents Association during 2023 was $15,062. There are 17 employees and 50 volunteers at Sherman Oaks Parents Association.
Here are 8 key members and their salaries:
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Official website here: www.shermanoakselementarycharter.com
Where can I find the form 990 for Sherman Oaks Parents Association?
Sherman Oaks Parents Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shermanoakselementarycharter.com
Learn more at the official website: www.shermanoakselementarycharter.com
Mission Statement of Sherman Oaks Parents Association
The Sherman Oaks Parents Association, a dedicated nonprofit organization, aims to enrich the educational experience of students attending Sherman Oaks Elementary Charter School. They accomplish this mission by raising funds to support various enrichment programs, such as music, science, computer, and art explorer, and by providing before and after school child care services. This association's primary objective is to contribute to the overall development of students, ensuring they have access to a well-rounded educational experience.
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Impact
July, 2024
The Sherman Oaks Parents Association plays a vital role in enriching the educational experience for students at Sherman Oaks Elementary Charter School. Through fundraising efforts and support for enrichment programs in music, science, computer, and arts, the association directly impacts the educational opportunities available to these students. Additionally, their provision of before and after-school child care programs helps meet the needs of working parents and ensures a safe and nurturing environment for the children. In essence, the association's impact is seen in the enhanced learning opportunities and overall support provided to the students of Sherman Oaks Elementary Charter School.
This information is meant to be a general summary of Sherman Oaks Parents Association. 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 2023.
- Program Service Revenue: $520,810
- Gross Receipts: $813,837
Assets and Liabilities:
- Total Assets: $689,713
- Total Liabilities: $2,062
- Net Assets: $687,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
KIDS SCHOOL
Revenue
$520,810
Organization Details
Founding Year
1988
Phone
(818) 986-4121Principal Officer
Shannon Hodson
Main Address
14755 GREENLEAF ST, SHERMAN OAKS, CA, 91403
NTEE Category
Code: B94 - Education
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