The College of the Canyons Foundation

Nonprofit profile at a glance

EIN
953574259
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Valencia, CA, USA
Phone
6613623639
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$1,392,684
Expenses
$1,025,000
Assets
$7,610,783
Liabilities
$197,634

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

43 people listed

Executive titles in this filing

  • Shawna Mann (CEO)

People named in this filing

  • Dianne Van Hook (Director (July))
  • Diane Fiero (Director (July-Sept))
  • Omar Torres (Director (July-Jan))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The College of the Canyons (COC) Foundation is a 501(c)(3) non-profit auxiliary organization formed to generate philanthropic support for College of the Canyons. The Foundation is governed by a Board of Directors who are an enthusiastic and committed group of volunteer business and community leaders who donate their time, resources and energy to positively impact educational access in the Santa Clarita Valley. The board's mission is to provide an affordable and accessible college education for all having the desire to succeed.

What it reported doing in 2024

To provide supplemental funds for the educational programs of the Santa Clarita Community College District. During the fiscal year, this included:* Supported academic and college programs such as Athletic Hall of Fame, Auto Technology, Career Services, Culinary Arts, Culinary Education Fund for Excellence, Fire Academy, Football, INSPIRE Scholars, Medical Lab Tech, and Patrons of the Arts just to name a few* Enhanced business partnerships that contribute to Employee Training contract education revenues* Enhanced long term support for the Arts as the Foundation builds the Performing Arts Endowment* Provided ongoing support to faculty through the mini-grant program to fund innovation and entrepreneurial projects

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as 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. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 81
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.9%; rating input score 70
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $10.13 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 26.4%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 7.43; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -4% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 0.1% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 69.9% of revenue deployed · 85% of spending went to programs
  • Governance: 33 of 33 board members independent · 7 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $871K in reported program spending
  • Leadership: top reported pay $0 · 43 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 9 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Growth: Program expense growth scored 0/100.