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Miracosta College Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 956151938 ✦ Oceanside, CA ✦ Designated as a 501(c)(3)

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Overview

What is Miracosta College Foundation?

Miracosta College Foundation is a nonprofit organization situated in Oceanside, California. Its primary focus is to provide financial aid to students, assisting with tuition, educational materials, living expenses, and paid internships. The foundation recognizes the need for additional support beyond traditional financial aid, as nearly half of their students require such assistance. In a context of escalating living costs and a growing demand for skilled workers, these scholarships are not merely beneficial; they are indispensable. The foundation serves as a catalyst for opportunities, fostering academic growth and setting students up for success in their future endeavors. Through partnerships with generous community members, the foundation supports student success and innovative programs, enabling students to complete their education and advance their careers.


Official website here: www.foundation.miracosta.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

The MiraCosta College Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance as well as culture and community. The foundation scored 100% in several key areas, including the independence of its board members and its commitment to transparency, evidenced by the availability of its financial documents. These high ratings indicate a well-managed organization that is effectively utilizing its resources to support its mission.

User feedback highlights the profound impact of the MiraCosta College Foundation on students' educational journeys. Many recipients express gratitude for the financial assistance provided through scholarships, which has alleviated the burden of tuition and allowed them to focus on their studies. Testimonials describe how the foundation's support has enabled students to overcome financial hardships, pursue their academic goals, and ultimately enhance their lives and futures.

While the foundation has received overwhelmingly positive reviews, there are a few mentions of the need for ongoing support to maintain these valuable programs. Overall, the feedback underscores the organization's vital role in promoting access to higher education for individuals from diverse backgrounds, emphasizing its importance within the community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Miracosta College Foundation legitimate?

Miracosta College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miracosta 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,283

For more financial information, click here


Official website here: www.foundation.miracosta.edu

What is the mission statement of Miracosta College Foundation?

The Miracosta College Foundation's mission is to promote the advantages of the college and secure resources that significantly impact lives. By providing direct financial support to students and innovative campus programs through philanthropic contributions, the foundation aims to facilitate student success. The foundation's activities extend beyond just financial aid, as it also supports various college programs that have the potential to transform lives. As an independent organization in partnership with Miracosta College, the foundation plays a vital role in enabling students to pursue their educational goals, whether it's earning a degree, completing the first two years of college, or advancing their careers.


Official website here: www.foundation.miracosta.edu

Who is the CEO of Miracosta College Foundation?

Timothy Flood is the Former Vice President of Miracosta College Foundation.


Official website here: www.foundation.miracosta.edu

What is the revenue of Miracosta College Foundation?

Miracosta College Foundation's revenue in 2022 was $1,515,060.


Official website here: www.foundation.miracosta.edu

Who are the executives of Miracosta College Foundation and what are their salaries?

There 21 volunteers at Miracosta College Foundation.


Here are 22 key members and their salaries:


Timothy Flood (Former Vice President)
  • Compensation: $0
  • Related: $248,522
  • Other: $70,842
Alec Babiarz (President (July- Feb))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Bandemer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hap L'Heureux (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raye Clendening (Vice President (July-Feb)President (Feb-June))
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Adams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Ames (Member (July -Sept))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Troutman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Cardoso (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Figueroa (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sudershan Shaunak (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Stillinger (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bessie Chin (Member (July - April))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcguigan (Vice President(Feb- June))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Snodgrass (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Wiback (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Kurth (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Val Saadat (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Pearson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Cacioppo (Member (July - Sept))
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Wennes (Member (July - Sept))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundation.miracosta.edu

Where can I find the form 990 for Miracosta College Foundation?

Miracosta College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundation.miracosta.edu

Learn more at the official website: www.foundation.miracosta.edu

Mission Statement of Miracosta College Foundation

Miracosta College Foundation, an independent organization, is committed to promoting the advantages of the college and securing resources that significantly transform lives. By providing direct financial support for students and innovative campus programs, the foundation plays a pivotal role in ensuring everyone's success. With philanthropic contributions, the organization aids students in earning degrees or certificates, completing the first two years of college and transferring to a four-year university, and taking classes needed to advance their careers or engage in lifelong learning. In essence, Miracosta College Foundation is dedicated to fostering educational opportunities and supporting student success.

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Impact




July, 2024

Miracosta College Foundation's impact is profound in providing financial support for students and programs, ultimately achieving educational opportunities for all. By partnering with generous community members, the foundation supports student success and innovative programs. The scholarships provided by the foundation cover tuition, educational materials, living expenses, and even offer paid internships, allowing students to focus solely on their academic growth. This holistic approach sets students up for success in school and beyond.

Nearly half of the students at Miracosta College require more than traditional financial aid can offer. In a climate of rising living costs and a pressing need for skilled workers, the foundation's scholarships are not just helpful - they're essential. By enabling students to access resources needed to earn a degree or certificate, complete the first two years of college, transfer to a four-year university, or advance their careers, the foundation becomes a catalyst for opportunity and success.

Through its mission to promote the benefits of the college and secure resources that transform lives, the Miracosta College Foundation genuinely contributes to shaping a brighter future for students and the community.




This information is meant to be a general summary of Miracosta 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.

Revenue
$1,515,060 (2022)
Expenses
$1,648,052 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,473
  • Gross Receipts: $1,558,252

Assets and Liabilities:

  • Total Assets: $20,259,618
  • Total Liabilities: $160,194
  • Net Assets: $20,099,424

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Organization Details

Founding Year

1967

Principal Officer

Timothy Flood

Main Address

ONE BARNARD DR, OCEANSIDE, CA, 920563899

NTEE Category

Code: B42I - Education

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