Overview
What is Rio Hondo College Foundation?
The Rio Hondo College Foundation, located at 3600 Workman Mill Road, Whittier, CA 90608, is a nonprofit organization with a dedicated workforce of three individuals. Its primary mission is to offer financial aid in the form of scholarships and funding for college programs and services that cater to the needs of Rio Hondo College's students. By providing this support, the foundation aims to contribute positively to the educational journey and overall development of the students.
Official website here: www.riohondo.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Stars
The Rio Hondo College Foundation has received an impressive Four-Star rating from Charity Navigator, scoring 98%. This rating indicates a strong commitment to accountability and finance, as the score is entirely derived from this category. The foundation demonstrates exceptional governance practices, including a board composed entirely of independent members and robust financial oversight.
The foundation's financial health is notable, with a program expense ratio of 79.36%, showcasing a significant portion of its funding directed toward its mission-related activities. Additionally, it has a low liabilities to assets ratio of 1.21%, reflecting sound financial management and stability. The presence of comprehensive policies, such as those for conflict of interest, whistleblowing, and document retention, further underscores its commitment to transparency and ethical practices.
Overall, Rio Hondo College Foundation stands out for its strong governance and effective financial management, which positions it well to support its educational goals. There are no significant limitations or concerns noted in the data, reinforcing the foundation's reputation as a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Rio Hondo College Foundation legitimate?
Rio Hondo College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Hondo 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:
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Other Salaries and Wages: $70,526
For more financial information, click here
Official website here: www.riohondo.edu/foundation
What is the mission statement of Rio Hondo College Foundation?
The Rio Hondo College Foundation, as a non-profit organization, is dedicated to providing financial aid for scholarships and initiatives that cater to the needs of Rio Hondo College's students. Their primary mission is to offer financial assistance, thereby enabling students to access educational opportunities and college programs effectively. The foundation also distributes grants to fund various college services, thereby ensuring the overall well-being and success of the students.
Official website here: www.riohondo.edu/foundation
Who is the CEO of Rio Hondo College Foundation?
Shaina Philips is the Past President of Rio Hondo College Foundation.
Official website here: www.riohondo.edu/foundation
What is the revenue of Rio Hondo College Foundation?
Rio Hondo College Foundation's revenue in 2022 was $563,390.
Official website here: www.riohondo.edu/foundation
Who are the executives of Rio Hondo College Foundation and what are their salaries?
The average compensation at Rio Hondo College Foundation during 2022 was $23,509. There are 3 employees and 30 volunteers at Rio Hondo College Foundation.
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Official website here: www.riohondo.edu/foundation
Where can I find the form 990 for Rio Hondo College Foundation?
Rio Hondo College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riohondo.edu/foundation
Learn more at the official website: www.riohondo.edu/foundation
Mission Statement of Rio Hondo College Foundation
The Rio Hondo College Foundation, a non-profit organization, is dedicated to providing financial aid for scholarships and programs that cater to the needs of Rio Hondo College's students. Its primary mission is to offer financial assistance, ensuring that deserving students have the opportunity to pursue their education without financial constraints. Additionally, the foundation invests in college programs and services, aiming to enhance the overall learning experience and support system for the students. Through its scholarships and funding initiatives, the Rio Hondo College Foundation plays a significant role in supporting the educational journey of its students, thereby contributing to their future success.
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Impact
July, 2024
Rio Hondo College Foundation's impact can be seen in the valuable financial assistance it provides to support scholarships and programs that cater to the needs of Rio Hondo College's students. Through their efforts, they help make education more accessible and affordable for deserving individuals, ultimately contributing to the success and achievement of students in their academic pursuits. This support plays a crucial role in empowering students to pursue their educational goals and reach their full potential.
This information is meant to be a general summary of Rio Hondo 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: $115,901
- Gross Receipts: $580,324
Assets and Liabilities:
- Total Assets: $3,847,886
- Total Liabilities: $54,465
- Net Assets: $3,793,421
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Organization Details
Phone
(562) 692-0921Principal Officer
Shaina Philips
Main Address
3600 Workman Mill Road, Whittier, CA, 90608
Website
www.riohondo.edu/foundationNTEE Category
Code: B114 - Education
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