Greater Los Angeles Education Foundation
Nonprofit profile at a glance
- EIN
- 474426889
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Downey, CA, USA
- Phone
- 5629226792
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $9,927,647
- Expenses
- $7,435,511
- Assets
- $22,663,978
- Liabilities
- $386,174
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- KERRY FRANCO (PRESIDENT AND CHIEF DEPUTY)
Highest reported compensation
- KERRY FRANCO (PRESIDENT AND CHIEF DEPUTY): $266,936 total reported compensation
- SAMUEL GELINAS (VP PROGRAMS, STRATEGY, DEV): $177,072 total reported compensation
- ALEXANDRA MARMION ROOSA (CHIEF FINANCIAL OFFICER): $159,534 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Greater los angeles education foundation (gla) is the premier philanthropic partner of the los angeles county office of education (lacoe). Gla is dedicated to providing resources to lacoe as it serves students, supports communities, and leads educators. Gla works with school districts and other partners to ensure educational excellence in the region. Gla also helps provide resources for supportive learning environments for at-risk youth, as well as specialized instruction and comprehensive educational services.
What it reported doing in 2024
Glaef's portfolio reflects the needs identified by local school district leaders, lacoe leadership, statewide policy, and funding partners. All programs are designed, implemented, and maintained through partnership with lacoe staff and/or the glaef team. Organizational focus areas include college access and career pathways, advancing digital equity, expanded learning, enrichment, and district partnerships, and student-centered teaching and learning.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 72
- Accountability: 91
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.2%; rating input score 70
- Program expense ratio: 88.8%; rating input score 89
- Fundraising efficiency: $211.02 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.4%; rating input score 99; 38th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.1%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 3.05; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 32.1% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 32% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 36.5% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 70.2% of revenue deployed · 88.8% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $6.6M in reported program spending
- Leadership: top reported pay $267K · 12 people listed · 1 of 6 pay-setting controls reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 38 filed money-flow records
- Related organizations: 32 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.