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Education : Scholarship and Financial Support (Grantmaking)

Manhattan Beach Education Foundation

Give Your Child An Edge

four stars

97.30

325 South Peck Avenue Manhattan Beach, CA 90266
tel: (310) 303-3342   Web Site
EIN: 95-3881166

Board Leadership
Remco Waller
President

CEO
Farnaz Golshani Flechner
Executive Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 97.30 four stars
  Financial 96.19 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?

The Manhattan Beach Education Foundation (MBEF) is a volunteer-based, nonprofit organization that raises money to improve and enhance the education provided in Manhattan Beach public schools. MBEF helps fill the gap between what the state provides the district and what it costs to provide a well-rounded, quality education for students.

The Manhattan Beach Education Foundation (MBEF) is a volunteer-based, nonprofit organization that raises money to improve and enhance the education provided in Manhattan Beach public schools. MBEF helps fill the gap between what the state provides the district and what it costs to provide a well-rounded, quality education for students.

Results Information

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Financial

four stars

96.19

Accountability & Transparency

four stars

100.00

This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 94.4%
  Administrative Expenses 1.5%
  Fundraising Expenses 4.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.65
  Program Expenses Growth 8.7%
  Liabilities to Assets 10.0%
All data for Financial Performance Metrics calculations was provided by Manhattan Beach Education Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Manhattan Beach Education Foundation on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Manhattan Beach Education Foundation (CA) 97.30 four stars
Jesuit College Preparatory School of Dallas Foundation (TX) 88.39 three stars
Uncommon Schools (NY) 89.48 three stars
Basic Fund (CA) 91.36 four stars
American Friends of IDC (NY) 86.56 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,510,546
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,156,707
   Related Organizations $300,000
   Government Grants $0
Total Contributions $6,967,253
   Program Service Revenue $0
Total Primary Revenue $6,967,253
   Other Revenue $-103,845
TOTAL REVENUE $6,863,408
   
EXPENSES  
   Program Expenses $6,434,523
   Administrative Expenses $154,474
   Fundraising Expenses $436,651
TOTAL FUNCTIONAL EXPENSES $7,025,648
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-162,240
   
Net Assets $6,732,717

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants to Manhattan Beach Unified School $5,875,612 91.3%
Manhattan Beach Education Foundation Endowment Fund $558,911 8.7%

Ratings History
Manhattan Beach Education Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 02/01/2018 97.30 four stars
2015-06 12/01/2016 95.73 four stars
2014-06 06/01/2016 94.74 four stars
 
CN 2.0
2014-06 11/01/2015 92.70 four stars
2013-06 11/01/2014 92.18 four stars
2012-06 10/01/2013 92.18 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-3881166
Name in IRS Master File MANHATTAN BEACH EDUCATION FOUNDATION
NTEE Code B20
NTEE Classification Elementary, Secondary Education, K - 12
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
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).
Group Name [Not Applicable]
Ruling Date February, 1984
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$132,461 1.88% Farnaz Flechner Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Manhattan Beach Education Foundation (CA) 97.30 four stars
Fund for Public Schools (NY) 86.84 three stars
State University College at Oneonta Foundation Corporation (NY) 96.44 four stars
Peninsula Education Foundation (CA) 92.67 four stars
All Stars Helping Kids (CA) 94.13 four stars

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Charity Contact Info

Manhattan Beach Education Foundation
325 South Peck Avenue
Manhattan Beach, CA 90266
tel: (310) 303-3342
EIN: 95-3881166

Mail donations to:
P.O. Box 1110
Manhattan Beach, CA 90267

Visit Web Site

Board Leadership

Remco Waller
President

CEO

Farnaz Golshani Flechner
Executive Director

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