EDUCATIONAL FOUNDATION FOR THE ROSEMEAD SCHOOL DISTRICT
Mission Statement
Our Purpose: The Educational Foundation for the Rosemead School District is an independent community-based, non-profit, tax-exempt corporation managed by volunteers from the community. The specific purpose for which this Foundation was formed was to create a non-profit volunteer organization that would raise money and then donate that money to the Rosemead School District to be used for the purchase of equipment, supplies, programs and services for underfunded school program areas of: the performing and visual arts, the Science Olympiad program, classroom technology, and supplemental instruction, such as tutoring, health and wellness and child care. Our Mission: Our Mission is to enhance and enrich the educational opportunities and experiences of all students, through community financial partnerships of support and caring. Our Pledge: The Directors of the Foundation pledge that all monies raised on behalf of the students of the Rosemead School District will be used to enrich their educational experiences, expand their classroom opportunities, enhance their instructional material and at all times complement the efforts of classroom teachers, their support staff and school administrators.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
256.4% | 86.8% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
87.6% | 41.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
43.3 mo | 122.3 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.5% | 94.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
19.6% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-18.6% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
50.0% | 7.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| enhance and enrich the educational opportunities and experiences of all students, through community | 2,400 | $500.00 | 50 | Per Month |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $14K | $7K | $26K | 256.4% | — |
| 2023 | $12K | $9K | $19K | 241.6% | — |
| 2022 | $2K | $6K | $15K | 113.0% | — |
| 2021 | $4K | $5K | N/A | — | 1 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.