Irvine Valley College Foundation
Nonprofit profile at a glance
- EIN
- 770239916
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Irvine, CA, USA
- Phone
- 9495824500
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $1,375,168
- Expenses
- $868,070
- Assets
- $6,248,339
- Liabilities
- $135,203
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
36 people listed
Executive titles in this filing
- Elissa Oransky (Executive Director)
- Damien Howard (President)
- Arie Shen (1st Vice President)
- Kevin Johnson (2nd Vice President)
- Michael Drennen (Past President)
- John Hernandez (College President)
Highest reported compensation
- Elissa Oransky (Executive Director): $251,169 total reported compensation
- Karen Orlando (Director of Annual Giving): $208,645 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Public Education and community participation with the South Orange County Community College District by receiving contributions from the public, raising funds and making contributions to educational and community programs of the district and by developing, conducting and financing program projects designed to benefit the students enrolled at Irvine Valley College.
What it reported doing in 2024
Irvine Valley College Foundation helps to cultivate resources to provide access to an exceptional education and a caring campus community at Irvine Valley College, which is a part of the South Orange County Community College District. Irvine Valley College Foundation assists in campus-wide educational programs. Various campus groups provided financial support and support services to students to augment the school curriculum.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 71
- Accountability: 95
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.9%; rating input score 65
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: $118.8 raised per $1 spent on fundraising; rating input score 88; 88th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th 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 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 36.9%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 7.2; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 53%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -0.6% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 64.9% of revenue deployed · 92.9% of spending went to programs
- Governance: 31 of 31 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $806K in reported program spending
- Leadership: top reported pay $251K · 36 people listed · 0 of 6 pay-setting controls reported
- Consistency: 27 of 27 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 2/100.