Overview
What is The Learning Centers At Fairplex?
The Learning Centers at Fairplex, located in Pomona, California, is a nonprofit organization that offers a broad range of workforce development programs. Their primary mission is to establish and operate educational initiatives, utilizing the resources of the Los Angeles County Fair Association. This includes the Career and Technical Education Center (CTEC), a program that provides vocational skills training supplementing the local high school curriculum. The CTEC helps high school juniors and seniors stay in school, graduate on time, and gain entry-level employment or industry certifications, internships, formal job training, or additional vocational education. Their mission is to provide innovative and enriching educational experiences that benefit diverse communities and prepare participants for success.
Official website here: www.fairplex.com/tlc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Learning Centers At Fairplex has received a 73% rating from Charity Navigator, which qualifies it for a Two-Star designation. This rating indicates that while the organization demonstrates some strengths in areas like governance, accountability, and financial practices, there are notable areas requiring improvement, particularly in financial transparency and reporting.
The organization boasts 100% independent board members and maintains robust policies regarding conflict of interest, whistleblower protections, and document retention. Furthermore, it has a low liabilities-to-assets ratio, indicating financial stability. However, the absence of financial statements to assess its full financial health has significantly impacted its overall score, limiting the trust potential donors may have.
With a program expense ratio of 60.56%, The Learning Centers At Fairplex is investing a majority of its resources into its programs, which is a positive sign for its mission-driven activities. Nonetheless, the lack of detailed financial reporting and transparency raises concerns that need to be addressed to enhance donor confidence and improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Learning Centers At Fairplex legitimate?
The Learning Centers At Fairplex is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Centers At Fairplex 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: $181,348
For more financial information, click here
Official website here: www.fairplex.com/tlc
What is the mission statement of The Learning Centers At Fairplex?
The Learning Centers At Fairplex's primary purpose is to establish and manage educational programs, utilizing the resources of the Los Angeles County Fair Association. It also engages in activities that align with its charitable and public mission, or any other charitable activities. The mission of The Learning Centers At Fairplex is to offer a broad range of innovative and enriching educational experiences that bring learning to life, benefit diverse communities, and prepare participants for success.
One of its initiatives is the Career and Technical Education Center (CTEC), a program under The Learning Centers At Fairplex. CTEC provides a wide spectrum of workforce development programs, hands-on training, and transformational courses that prepare students for long-term career pathways. CTEC offers vocational skills training that supplements the local high school curriculum, aiming to help high school juniors and seniors stay in school, graduate on time, secure entry-level employment, and obtain industry certifications, internships, formal job training, or additional vocational education.
Official website here: www.fairplex.com/tlc
Who is the CEO of The Learning Centers At Fairplex?
Michael Beckman is the Chairman of The Learning Centers At Fairplex.
Official website here: www.fairplex.com/tlc
What is the revenue of The Learning Centers At Fairplex?
The Learning Centers At Fairplex's revenue in 2022 was $2,448,648.
Official website here: www.fairplex.com/tlc
Who are the executives of The Learning Centers At Fairplex and what are their salaries?
There 200 volunteers at The Learning Centers At Fairplex.
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Official website here: www.fairplex.com/tlc
Where can I find the form 990 for The Learning Centers At Fairplex?
The Learning Centers At Fairplex's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairplex.com/tlc
Learn more at the official website: www.fairplex.com/tlc
Mission Statement of The Learning Centers At Fairplex
The Learning Centers at Fairplex, a charitable organization, is dedicated to providing a diverse range of innovative and enriching educational experiences. Their mission is to bring learning to life, benefiting various communities and preparing participants for future success. By doing so, they aim to enrich lives and foster personal growth.
The Learning Centers at Fairplex accomplish this through their Career and Technical Education Center (CTEC), a program that offers vocational skills training. This supplement to the local high school curriculum helps high school juniors and seniors stay in school, graduate on time, and transition into entry-level employment. The CTEC program provides industry certifications, internships, formal job training, and additional vocational education, thereby equipping students with the necessary skills for long-term career pathways.
In summary, The Learning Centers at Fairplex strives to make learning engaging and relevant, enabling individuals to excel in their chosen fields. They do this by offering a wide spectrum of hands-on and transformational programs through their CTEC program, helping students prepare for successful careers.
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Impact
July, 2024
The Learning Centers At Fairplex, through its Career and Technical Education Center (CTEC), has had a significant impact on preparing high school students for long-term career pathways. By providing vocational skills training and hands-on programs, CTEC helps students stay in school, graduate on time, and acquire industry certifications or relevant job training. This organization's innovative and enriching educational experiences bring learning to life, benefiting diverse communities and preparing participants for success in their chosen fields.
This information is meant to be a general summary of The Learning Centers At Fairplex. 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: $77,032
- Program Service Revenue: $38,041
- Gross Receipts: $2,469,901
Assets and Liabilities:
- Total Assets: $8,739,784
- Total Liabilities: $1,854,773
- Net Assets: $6,885,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$38,041
Organization Details
Founding Year
1998
Phone
(909) 623-3111Principal Officer
Michael Beckman
Main Address
1101 W MCKINLEY AVE, POMONA, CA, 91768
Website
www.fairplex.com/tlcNTEE Category
Code: O51 - Youth development
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