Overview
What is Parkside Edc?
Parkside Edc is a dedicated nonprofit organization situated in Los Angeles, California, specifically at 4323 Leimert Blvd, CA 90008. Their primary focus is on community service outreach and providing college scholarships for high school students. Each year, they grant scholarships worth over $20,000 to deserving students, with individual awards ranging from $300 to $2,500. Every four years, an outstanding student is honored with the Edgar Twine Scholarship Award of $5,000. Since its inception, Parkside Edc has generously awarded over $250,000 in scholarships to supporting the educational aspirations of young individuals.
Official website here: www.parksideedc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Parkside Edc has received a commendable Four-Star rating from Charity Navigator, primarily reflecting its strong accountability and financial health. This high score indicates that the organization effectively manages its resources, with a notable program expense ratio of 84.89%, suggesting that a significant portion of its funds directly supports its mission.
The organization demonstrates transparency and governance excellence, as evidenced by its 100% independent board and no reported material diversion of assets. Furthermore, it has implemented key policies including conflict of interest and whistleblower protections, enhancing its operational integrity and stakeholder trust.
While the data reflects strong performance, it is always beneficial for potential donors and stakeholders to continue monitoring the ongoing effectiveness and impact of the organization's programs. Overall, Parkside Edc stands out as a solid choice for those looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Parkside Edc legitimate?
Parkside Edc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkside Edc 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
Official website here: www.parksideedc.org
What is the mission statement of Parkside Edc?
Parkside Edc's mission revolves around providing community service outreach and offering college scholarships to high school students. Through their scholarship program, they annually award substantial financial aid to deserving students, with each student receiving between $300 and $2500. Notably, every fourth year, an exceptional student receives the Edgar Twine Scholarship Award of $5000. Since the inception of their scholarship program, Parkside Edc has invested over a quarter of a million dollars in supporting the higher education of these students.
Official website here: www.parksideedc.org
Who is the CEO of Parkside Edc?
Jerrold L Smith is the CEO of Parkside Edc The CEO's salary of Parkside Edc is $0 and their total compensation is $0.
Official website here: www.parksideedc.org
What is the revenue of Parkside Edc?
Parkside Edc's revenue in 2023 was $71,686.
Official website here: www.parksideedc.org
Who are the executives of Parkside Edc and what are their salaries?
Here are 3 key members and their salaries (Parkside Edc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parksideedc.org
Where can I find the form 990EZ for Parkside Edc?
Parkside Edc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.parksideedc.org
Learn more at the official website: www.parksideedc.org
Mission Statement of Parkside Edc
Parkside EDC, a nonprofit organization, is dedicated to serving the community through two primary initiatives. Firstly, it focuses on Community Services Outreach, aiming to engage and support local communities in various ways. Secondly, Parkside EDC provides College scholarships to deserving High School students. This scholarship program is an integral part of their mission, awarding over $20,000 in scholarships annually. Each scholarship recipient receives an amount ranging between $300 and $2500. In recognition of exceptional academic achievement, a high-performing student is bestowed with The Edgar Twine Scholarship Award, valued at $5000, every four years. Since its inception, Parkside EDC has generously distributed over $250,000 in scholarships, empowering numerous students to pursue their higher education dreams.
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Impact
October, 2024
Parkside EDC plays a significant role in enhancing community well-being and supporting the educational aspirations of high school students in Los Angeles. By providing over $20,000 annually in scholarships, the organization empowers deserving students with financial assistance ranging from $300 to $2,500, enabling them to pursue higher education. The prestigious Edgar Twine Scholarship Award, offering $5,000 to a high-achieving student every four years, further emphasizes Parkside EDC's commitment to recognizing and nurturing talent.
Since its inception, Parkside EDC has awarded more than $250,000 in scholarships, fundamentally impacting the lives of countless students and their families. This financial support not only alleviates the burden of college expenses but also inspires hope and fosters a culture of academic achievement within the community. Through its focus on community services outreach and educational support, Parkside EDC contributes significantly to community improvement and the development of future leaders.
This information is meant to be a general summary of Parkside Edc. 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.
- Investment Income: $2,352
- Program Service Revenue: $61,817
- Gross Receipts: $71,686
Assets and Liabilities:
- Total Assets: $104,653
- Total Liabilities: $0
- Net Assets: $104,653
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Organization Details
Founding Year
2000
Principal Officer
Jerrold L Smith
Website
www.parksideedc.orgNTEE Category
Code: S99 - Community improvement
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