Mission: THROUGH COMMUNITY INVOLVEMENT AND SUPPORT, CORONADO SCHOOLS FOUNDATION RAISES AND MANAGES FUNDS TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES FOR ALL CORONADO UNIFIED ... (More)
Coronado Schools Foundation is a 501(c)(3) organization, with an IRS ruling year of 1982, and donations are tax-deductible.
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Encompass Rating System by Charity Navigator
Overall Score
100
out of 100
This charity's score is a passing score.
This overall score is calculated from multiple beacon scores: 90% Finance & Accountability and 10% Leadership & Adaptability
Learn about the Encompass Rating System: Overview | FAQ | Release Notes
Finance & Accountability
This score provides an assessment of a nonprofit's financial health (stability, efficiency and sustainability) and its commitment to governance practices and policies.
Finance & Accountability Score
100
out of 100
The score earned by Coronado Schools Foundation is a passing score
This V6 of the Finance & Accountability Score provides a baseline measure of an organization's health including the indicators listed in the report below.
This score represents Form 990 data from 2020, the latest year electronically filed and published by the IRS.
Finance & Accountability Report
100
of 100 points
This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.
Program Expense Ratio
82.09%
Higher effect on score
More data
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
Board Composition
13/14 Independent
Higher effect on score
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
Higher effect on score
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
Liabilities to Assets Ratio
6.23%
Lower effect on score
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
Website
Listed
Lower effect on score
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
Conflict of Interest Policy
Listed
Lower effect on score
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
Lower effect on score
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
Lower effect on score
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
Lower effect on score
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
Additional Information
Unscored
This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.
Total Revenue and Expenses
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
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
JEANMARIE BOND, EXECUTIVE DIRECTOR/CEO
$9,918
BOB BALFOUR, GOVERNANCE CHAIR/NAMING RIGHTS CHAIR
$0
JAMIE TUCKEY, MARKETING CHAIR
$0
RENEE CAVANAUGH, CHAIRPERSON
$0
RUSS HALEY, TREASURER/FINANCIAL SP CHA
$0
Source: IRS Form 990 (page 7), filing year 2020
Business Master File Data
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)
Data Sources: IRS Forms 990
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 view this organization's Forms 990 on the IRS website (if any are available).
Pandemic Response
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. 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.
Previous: Finance & Accountability / Next: Leadership & Adaptability
Impact & Results
This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.
Impact & Results Score
Not Currently Scored
Coronado Schools Foundation cannot currently be evaluated by our Encompass Rating 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.
Do you work at Coronado Schools Foundation? Join the waitlist for an updated Impact & Results score.
Additional Information
Unscored
This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.
Largest Programs
Coronado Schools Foundation reported its three largest programs on its FY 2020 Form 990 as:
$875,863
Spent in most recent FY
92%
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)
$29,697
Spent in most recent FY
3%
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)
$43,245
Spent in most recent FY
4%
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)
Previous: Impact & Results / Next: Culture & Community
Leadership & Adaptability
This score 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.
Leadership & Adaptability Score
100
out of 100
The score earned by Coronado Schools Foundation is a passing score.
Encompass Rating V4 provides an evaluation of the organization's Leadership & Adaptability through the nonprofit organization submitting a survey response directly to Charity Navigator.
Leadership & Adaptability Report
100
of 100 points
Mission
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.
Source: Nonprofit submitted responses
Vision
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
Strategic Goals
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.
Source: Nonprofit submitted responses
Leadership Development
The nonprofit provides evidence of investment in leadership development
Describe an investment in leadership
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.
Source: Nonprofit submitted responses
Mobilizing for Mission
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
This organization mobilizes for mission in the following ways:
Strategic Partnerships
Thought Leadership
Raising Awareness
What are this organization’s external mobilizaton efforts?
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.
Source: Nonprofit submitted responses
Story of Adaptability
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.
Source: Nonprofit submitted responses
Previous: Leadership & Adaptability
Culture & Community
This score provides an assessment of the organization's culture and connectedness to the community it serves. Learn more about how and why we rate Culture & Community.
Culture & Community Score
Not Currently Scored
Coronado Schools Foundation is currently not eligible for a Culture & Community score because we have not received its Constituent Feedback or Diversity, Equity, & Inclusion data. Nonprofit organizations are encouraged to fill out the How We Listen and Equity Practices sections of their Candid profile.
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.
Culture & Community Report
Unscored
This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.
Diversity, Equity, & Inclusion
This organization has not provided information regarding the diversity, equity and inclusion (DEI) practices it is presently implementing. As such, the organization has not earned a score on this metric. Charity Navigator believes nonprofit organizations implementing effective DEI policies and practices can enhance a nonprofit's decision-making, staff motivation, innovation, and effectiveness.
Methodology
We are utilizing data collected by Candid to document and assess the DEI practices implemented by the organization. Nonprofit organizations are encouraged to fill out the Equity Strategies section of their Candid profiles to receive a rating.
Learn more about the methodology.
Constituent Feedback
Constituent Feedback and Listening Practice data are not available for this organization. Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective.
Methodology
We've partnered with Candid to survey organizations about their feedback practices. Nonprofit organizations can fill out the How We Listen section of their Candid profile to receive a rating.
Learn more about the methodology.
Analysis and Research
Like the overall Encompass Rating System, the Culture & Community Beacon is designed to evolve as metrics are developed and ready for integration. Below you can find more information about the metrics we currently evaluate in this beacon and their relevance to nonprofit performance.
