Laguna Beach High School Scholarship Foundation

96%

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

Laguna Beach High School Scholarship Foundation

Is this your nonprofit?

501(c)(3) organization

Donations are tax-deductible

LBHSSF.ORG

PO BOX 1569

Laguna Beach CA 92652-1569

Laguna Beach CA | IRS ruling year: 2013 | EIN: 46-1524681

An EIN is a unique nine-digit number that identifies a business for tax purposes.

Organization Mission

THE FOUNDATION AWARDS SCHOLARSHIP GRANTS TO ASSIST LAGUNA BEACH HIGH SCHOOL GRADUATES IN PURSUING EDUCATIONAL GOALS AT VARIOUS POST HIGH SCHOOL ACADEMIC LEVELS.

Rating Information

Great

This charity's score is 96%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated from multiple beacon scores, weighted as follows: 44% Accountability & Finance, 56% Impact & Measurement. Learn more about our criteria and methodology.

Historical Ratings

Charity Navigator's ratings previously did not consider Leadership & Adaptability, Culture & Community, or Impact & Measurement. The historic rating mainly reflects a version of today’s Accountability and Finance score. More information on our previous rating methodologies can be found on our rating methodology page.

Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!

Rating Report

Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability

Accountability & Finance

Score

90

Most Recent Fiscal Year:
FY 2022

This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

Learn more

Key Accountability Metrics

Full Credit

Partial Credit

No Credit

Majority Independent Board Members - 94% independent members

10 out of 10 points

Majority Independent Board Members - 94% independent members

10 out of 10 points

Source: IRS Form 990

Independent Board Size - 17 independent members

10 out of 10 points

Independent Board Size - 17 independent members

10 out of 10 points

Industry professionals strongly recommend an independent governing body to allow for full deliberation and diversity of thinking on governance and other organizational matters. For most organizations, we check to see if the organization has at least three independent board members. For large, donor-funded organizations, we check to see if the organization has at least five independent board members

Source: IRS Form 990

Material Diversion of Assets - None

10 out of 10 points

Material Diversion of Assets - None

10 out of 10 points

A diversion of assets — any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft — also can seriously call into question a charity's financial integrity. We review the charity's most recent IRS Form 990 to see if the charity has reported any diversion of assets.

Source: IRS Form 990

Tax Form Disclosures and Policies

Full Credit

Partial Credit

No Credit

Website Listed on Tax Form - Listed

3 out of 3 points

Website Listed on Tax Form - Listed

3 out of 3 points

Charity Navigator looks for a website on the IRS Form 990 as an accountability and transparency metric.

Nonprofits act in the public trust and reporting publicly on activities is an important component.

Source: IRS Form 990

Conflict of Interest Policy - Listed

7 out of 7 points

Conflict of Interest Policy - Listed

7 out of 7 points

Charity Navigator looks for the existence of a conflict of interest policy on the IRS Form 990 as an accountability and transparency measure.

This policy protects the organization and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer, director and/or key employee of the organization.

Source: IRS Form 990

Whistleblower Policy - Missing

0 out of 7 points

Whistleblower Policy - Missing

0 out of 7 points

Charity Navigator looks for the existence of a whistleblower policy per the IRS Form 990 as an accountability and transparency measure.

This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement.

Source: IRS Form 990

Document Retention and Destruction - Listed

7 out of 7 points

Document Retention and Destruction - Listed

7 out of 7 points

Charity Navigator looks for the existence of a document retention and destruction policy per the IRS Form 990 as an accountability and transparency measure.

This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. These guidelines foster good record keeping procedures that promote data integrity.

Source: IRS Form 990

Documents Board Meeting Minutes - Yes

3 out of 3 points

Documents Board Meeting Minutes - Yes

3 out of 3 points

Charity Navigator looks to confirm on the IRS Form 990 that the organization has this process in place as an accountability and transparency measure.

An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference.

Source: IRS Form 990

Website Disclosures

Full Credit

Partial Credit

No Credit

Tax Form Posted on Nonprofit's Website - Missing

0 out of 3 points

Tax Form Posted on Nonprofit's Website - Missing

0 out of 3 points

For almost all charities, we check the charity's IRS Form 990 to see if it discloses that the Form 990 is available on the charity's website. As with the audited financial statement, donors need easy access to this financial report to help determine if the organization is managing its financial resources well.

Source: IRS Form 990

Financial Metrics

Full Credit

Partial Credit

No Credit

Liabilities to Assets: Ratio - 0.00%

15 out of 15 points

Liabilities to Assets: Ratio - 0.00%

15 out of 15 points

The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent IRS Form 990). This ratio is an indicator of an organization's solvency and/or long-term sustainability.

Source: IRS Form 990

Program Expense: Ratio - 95.51%

25 out of 25 points

Program Expense: Ratio - 95.51%

25 out of 25 points

The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three IRS Forms 990). This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver.

Source: IRS Form 990

Additional Information

Total Revenue and Expenses - Data Available

This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.

Salary of Key Persons - Data Available

Presented here are up to five of this organization's highest compensated employees. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting

Frank Aronoff, Director

Diane Babcock, Director

Amanda Horton, Director

Jacquie Cohn, Director

Kerry Rubel, Director

Source: IRS Form 990 (page 7), filing year 2022

IRS Published Data (Business Master File) - Data Available

Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website

Foundation Status:

Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) (BMF foundation code: 15)

Affiliation:

Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)

Data Sources (IRS Forms 990) - Data Available

The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage accountability and finance data from it to form Encompass ratings. Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Laguna Beach High School Scholarship Foundation) or EIN (461524681) in the 'Search Term' field.

Impact & Measurement

Score

100

This beacon estimates the actual impact a charity has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.

Learn more

Assessments

Impact

100 out of 100 points

100% of Impact & Measurement score

Full Credit

Partial Credit

No Credit

Impact Determination - Highly Cost Effective

100 out of 100 points

Impact Determination - Highly Cost Effective

100 out of 100 points

Impact Statement

This impact rating was produced under a previous methodology that is no longer used to produce new ratings, and we are therefore unable to generate a dollar-specific impact statement.

Program Context

Laguna Beach High School Scholarship Foundation grants scholarships to beneficiaries.

Data Time Period

1/1/17 to 12/31/17

Benchmark for Scoring

Impact & Results scores of postsecondary scholarship programs are based on income generated relative to cost. Programs receive an Impact & Results score of 100 if they increase income for a recipient by more than $1.50 for every $1 spent and a score of 80 if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the benchmark for cost-effectiveness, it earns a score of 65.

This nonprofit's cost per meal is less than 125% of the local meal cost.

Methodology

Public data

Data Source

These data were submitted directly by the nonprofit.

Measurement

Unscored

0% of Impact & Measurement score

Full Credit

Partial Credit

No Credit

Program Planning and Design - No data available

This section assesses the use of crucial evaluation tools in program objective-setting and activities.

Program Development - No data available

This section assesses the consideration of stakeholders in program objectives and activities.

Data Collection and Analysis - No data available

This section assesses the best practices used in collecting and analyzing program data.

Reporting and Distribution of Results - No data available

This section assesses reporting and disseminating program results.

Use of Results - No data available

This section assesses the use of results to guide learning.

Culture & Community

Not Currently Scored

Laguna Beach High School Scholarship Foundation cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.

Learn more

Leadership & Adaptability

Not Currently Scored

Laguna Beach High School Scholarship Foundation cannot currently be evaluated by our Leadership & Adaptability methodology because we have not received data from the charity regarding its leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.

Learn more

96%

Four-Star Charity

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

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