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201 6TH ST
Coronado CA 92118-1638
Coronado CA | IRS ruling year: 1982 | EIN: 94-2745484
THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED ... (More)
THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED SCHOOL DISTRICT STUDENTS. (Less)
Great
This charity's score is 100%, 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: 90% Accountability & Finance, 10% Leadership & Adaptability. Learn more about our criteria and methodology.
We recognize that not all metrics and beacons equally predict a charity’s success. The percentage each beacon contributes to the organization’s overall rating depends on the number of beacons an organization has earned.
Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned.
Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!
The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). As a result, the Accountability & Finance score for Coronado Schools Foundation is outdated and the overall rating may not be representative of its current operations. Please check with the charity directly for any questions you may have.
Coronado Schools Foundation has earned a 100% for the Accountability & Finance beacon. See the metrics below for more information.
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
This Accountability & Finance score represents IRS Form 990 data up until FY 2020, which is the most recent Form 990 currently available to us.
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Full Credit
Partial Credit
No Credit
Not ApplicableBoard Composition - 13/14 - 25/25 ptsBoard Composition - 13/14 - 25/25 pts
Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent (not salaried).
The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters.
Source: IRS Form 990
Independent Audit or Financial Review - Audited - 20/20 ptsIndependent Audit or Financial Review - Audited - 20/20 pts
An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Organizations are scored based on their Total Revenue Amount:
| Total Revenue Amount | Expectation to Receive Credit |
|---|---|
| $1 million or higher | Expected to complete an audit |
| $500,000 - $1 million | Expected to complete an audit, review, or compilation |
| Less than $500,000 | No expectation (removed from scoring methodology) |
Source: IRS Form 990
Conflict of Interest Policy - Listed - 3/3 ptsConflict of Interest Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a conflict of interest policy on the 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
Board Meeting Minutes - Documented - 3/3 ptsBoard Meeting Minutes - Documented - 3/3 pts
Charity Navigator looks to confirm on the 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
Document Retention and Destruction - Listed - 3/3 ptsDocument Retention and Destruction - Listed - 3/3 pts
Charity Navigator looks for the existence of a document retention and destruction policy per the 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
Whistleblower Policy - Listed - 3/3 ptsWhistleblower Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a whistleblower policy per the 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
Website - Listed - 3/3 ptsWebsite - Listed - 3/3 pts
Charity Navigator looks for a website on the 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
Full CreditPartial CreditNo CreditNot ApplicableLiabilities to Assets Ratio - 6.23% - 15/15 ptsLiabilities to Assets Ratio - 6.23% - 15/15 pts
The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). This ratio is an indicator of an organization’s solvency and/or long-term sustainability.
| Liabilities to Assets Ratio | Amount of Credit Received |
|---|---|
| Less than 50% | Full Credit |
| 50% - 59.9% | Partial Credit |
| 60% or more | No Credit |
Source: IRS Form 990
Program Expense Ratio - 82.09% - 25/25 ptsProgram Expense Ratio - 82.09% - 25/25 pts
The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s). This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver.
| Program Expense Percentage | Amount of Credit Received |
|---|---|
| 70% or higher | Full Credit |
| 60% - 69.9% | Partial Credit |
| 50% - 59.9% | Zero Points for Program Expense Score |
| Below 50% | Zero Points for Both Program Expense AND Liabilities to Assets Scores |
Source: IRS Form 990
This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
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
Source: IRS Form 990 (page 7), filing year 2020
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
Activities:
Other student aid (BMF activity code: 043)
Other school related activities (BMF activity code: 059)
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)
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability 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 (Coronado Schools Foundation) or EIN (942745484) in the 'Search Term' field.
This organization was impacted by COVID-19 in a way that effected their financial health in 2020. This normally would have reduced their star rating. Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them, and doing this pauses our revision of their rating. Charities may submit their own pandemic responses through their nonprofit portal.
Coronado Schools Foundation reported being impacted by COVID-19 in the following ways:
Program Delivery
Fundraising Capacity
Revenue
Administrative Capacity
Balance Sheet
How COVID-19 impacted the organization's operations financially:
Our annual Gala and Benefit Auction had to be held virtually and, as as a result, the net return for the event was less than half in person years. Donations to our organization declined significantly due to students learning in a fully virtual environment. We were able to apply and received the PPP loan and thus were able to employ a full staff.
How COVID-19 impacted the organization's delivery of programs:
Due to students learning in a fully virtual environment, we were unable to deliver hands on instruction in STEM and Arts classes such as innovation lab, choir, band, and visual arts.
How this organization adapted to changing conditions caused by COVID-19:
Our staff immediately shifted all in person fundraisers to fully virtual platforms. Staff spent many hours reaching out to longtime donors via phone, email, and mail.
Innovations the organization intends to continue permanently after the pandemic:
Aspects of virtual programs implemented during Covid that were successful, will continue to be offered moving forward.
Not Currently Scored
Coronado Schools Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.
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.
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Coronado Schools Foundation reported its three largest programs on its FY 2020 Form 990 as:
Spent in most recent FY
Percent of program expenses
THE PRIMARY PURPOSE OF SCHOOL SITE PROGRAM GRANTS WITHIN THE CORONADO UNIFIED SCHOOL DISTRICT (CUSD) IS TO ENRICH THE QUALITY OF THE CURRICULUM AND PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CUS ... (More)
THE PRIMARY PURPOSE OF SCHOOL SITE PROGRAM GRANTS WITHIN THE CORONADO UNIFIED SCHOOL DISTRICT (CUSD) IS TO ENRICH THE QUALITY OF THE CURRICULUM AND PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CUSD STUDENTS. THESE PRIORITIES ARE IDENTIFIED BY THE SITE STRATEGIC PLANS OF EACH CUSD CAMPUS WHICH HAVE BEEN APPROVED BY THE RESPECTIVE STRATEGIC PLANNING COMMITTEES, CONSISTING OF TEACHERS, STUDENTS, PARENTS, ADMINISTRATORS, AND COMMUNITY MEMBERS, AS WELL AS THE CUSD GOVERNING BOARD. THESE GRANTS FUND TWO PATHWAYS: STEM - SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS AND ART - FOCUS ON VISUAL, PERFORMING AND DIGITAL ARTS. (Less)
Spent in most recent FY
Percent of program expenses
DISTRICT PROGRAM FUNDING INLUDES TELETHON EVENT SUPPORT TO CORONADO MIDDLE AND HIGH SCHOOLS. CORONADO SCHOOLS FOUNDATION ENVISIONS A PUBLIC SCHOOLS COMMUNITY THAT PROVIDES STUDENTS AN OPPORTUNITY TO L ... (More)
DISTRICT PROGRAM FUNDING INLUDES TELETHON EVENT SUPPORT TO CORONADO MIDDLE AND HIGH SCHOOLS. CORONADO SCHOOLS FOUNDATION ENVISIONS A PUBLIC SCHOOLS COMMUNITY THAT PROVIDES STUDENTS AN OPPORTUNITY TO LEARN, THRIVE, AND REACH THEIR HIGHEST POTENTIAL TODAY AN (Less)
Spent in most recent FY
Percent of program expenses
SCHOLARSHIPS FOR 27 GRADUATING CORONADO HIGH SCHOOL SENIORS FROM PRIVATE DONORS AS WELL AS ENDOWED SCHOLARSHIPS WITHIN CORONADO SCHOOLS FOUNDATION FIDELITY INVESTMENT ACCOUNTS. THE CORONADO HIGH SCHOO ... (More)
SCHOLARSHIPS FOR 27 GRADUATING CORONADO HIGH SCHOOL SENIORS FROM PRIVATE DONORS AS WELL AS ENDOWED SCHOLARSHIPS WITHIN CORONADO SCHOOLS FOUNDATION FIDELITY INVESTMENT ACCOUNTS. THE CORONADO HIGH SCHOOL SENIOR AWARDS COMMITTEE MEMBERS MAKE THE DETERMINATION (Less)
Coronado Schools 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.
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Coronado Schools Foundation has earned a 100% for the Leadership & Adaptability beacon. See the metrics below for more information.
This beacon provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
Learn more
Full CreditPartial CreditNo CreditNot ApplicableMission - 10/10 ptsMission - 10/10 pts
The nonprofit organization presents evidence of strategic thinking through articulating the organization's mission
THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED SCHOOL DISTRICT STUDENTS.
Vision - 10/10 ptsVision - 10/10 pts
The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.
Coronado Schools Foundation envisions a public school community that provides students an opportunity to learn, thrive and reach their highest potential today and into their future.
Source: Nonprofit submitted responses
Goals - 20/20 ptsGoals - 20/20 pts
The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
Goal One: Grow programs in STEM and Arts areas to ensure that all students in Coronado Public Schools receive equal access from Kindergarten through 12th grade.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Goal Two: Leverage recently launched the Naming Rights campaign to increase our endowment to generate unrestricted funds and sustainable annual returns.
Goal Type: Invest in the capacity of our organization (financial, management, technical, etc.).
Goal Three: Increase the number of CSF-hosted Enrichment Programs to allow students equal access. Enrichment programs address social and emotional learning as well as diversity and inclusion.
Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.
Leadership Development - 15/15 ptsLeadership Development - 15/15 pts
The nonprofit provides evidence of investment in leadership development
IN October. 2021 Coronado Schools Foundation invested in two Strategic Planning Consultants to work with the CEO, staff, and board on a three-year Strategic Plan. One strategic plan outcome has been data-based leadership consulting for the CEO/President. In addition, we have invested in Leadership training for our CEO /President via a weekly session with a licensed leadership coach.
Mobilizing for Mission - 15/15 ptsMobilizing for Mission - 15/15 pts
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
Strategic Partnerships
Thought Leadership
Raising Awareness
CSF works closely with community organizations to improve the culture at the schools and further the mission of our organization. As an example, CSF works with fellow non-profit, the Coronado Safe Harbor organization, to host after school curriculum to support social-emotional learning and well-being. In addition, Coronado Schools Foundation partners with the Coronado Arts Commission, the City of Coronado, and Coronado Schools of the Arts to host community concerts and events. Michelle Gilmore, CFRE, the CEO and President of CSF is a published co-author and hosts workshops and trainings on Event Fundraising success. Her book titled Eventology, the science behind non-profit fundraising is a top-rated fundraising book. CSF uses email marketing, extensive social media, and our local media affiliates to successfully raise awareness of the mission. The Coronado Times and The Coronado Eagle are strategic partners with CSF supporting the schools with complimentary press releases.
Adaptability Story - 30/30 ptsAdaptability Story - 30/30 pts
The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.
As an event-based fundraising organization, the Coronado Schools Foundation had to make extreme and creative adjustments to continue our mission to fund STEM learning opportunities. We converted our in-person gala, for example, to a virtual event. Typically a 400 person gala, the staff recorded impact videos and hosted an online auction, a virtual live auction, and a "virtual scavenger hunt" to raise funds and continue the traditional community event. We raised 70% of the revenue we typically raise but saw a significant decrease in expenses with the virtual format. In addition, we relied on Zoom and Teams to work remotely for the safety and health of staff and board. All meetings were converted to virtual and we saw a large fall off from volunteers. As soon as our fiscal year and the 2021 school year started we re-engaged our volunteers with outdoor coffee meetings and in-person training opportunities. These adaptations have paid off and we are starting to see the fundraising increase again.
Impact & Results
Accountability & Finance
Culture & Community
Leadership & Adaptability
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