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Qualitas Of Life Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061833489 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Qualitas Of Life Foundation?

Qualitas of Life Foundation is a nonprofit organization situated in New York, specifically at 1221 Avenue of the Americas 43S093. Their primary mission is to educate and empower Hispanic individuals and their families, focusing on personal finance. Through workshops, participants gain access to financial resources, enabling them to enhance their financial situation and create opportunities for their families. The program's uniqueness lies in incorporating trust-building, self-empowerment, and community-building elements into its curriculum. The ultimate goal is for each student to comprehend their financial status, set clear financial objectives, and acquire the necessary knowledge and skills to achieve them. With a team of 21 dedicated individuals, Qualitas of Life Foundation aims to uplift the financial wellbeing of the Hispanic community.


Official website here: www.qualitasoflife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91%, Four-Star out of Four Star rating.

The Qualitas Of Life Foundation has demonstrated strong performance metrics that contribute to its impressive Four-Star rating. The organization excels in Impact & Measurement with a score of 98, indicating effective assessment and adaptation of its programs. Additionally, it has a perfect score of 100 in Leadership & Adaptability, showcasing robust governance and strategic planning capabilities.

The foundation maintains a high level of accountability and transparency, with 100% of its board members being independent. This is complemented by a low liabilities to assets ratio of 4.30%, suggesting sound financial stability. The organization also actively collects feedback from the communities it serves, using these insights to enhance its offerings and implement equity practices.

While the foundation has strong scores in several areas, its overall Accountability & Finance score of 84 highlights room for improvement in financial transparency. Nonetheless, its commitment to financial education for Hispanic individuals and families positions it as a valuable resource for fostering economic empowerment within its community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Qualitas Of Life Foundation?

96% of 15 reviewers on Facebook recommend Qualitas Of Life Foundation. Here is a summary of their reviews:

Supporters appreciate the valuable information provided by the foundation, particularly in areas like financial literacy and fraud prevention. Reviewers feel that the programs effectively address important community issues and empower individuals with practical skills and knowledge.

Overall, the positive sentiment reflects a strong approval of the foundation's mission and initiatives, indicating that those involved find it beneficial and impactful in their lives.


This AI summary has been generated from reviews found on Facebook.

Is Qualitas Of Life Foundation legitimate?

Qualitas Of Life Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qualitas Of Life Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,800

For more financial information, click here


Official website here: www.qualitasoflife.org

What is the mission statement of Qualitas Of Life Foundation?

The Qualitas of Life Foundation is a non-profit organization committed to providing basic financial education to Hispanic individuals and their families. Its mission is to enhance their financial security and improve their standard of living. The organization accomplishes this by offering instruction on personal finances and navigating the financial system. Through educational workshops, participants learn how to utilize available resources to enhance their personal finances and create opportunities for their families. The program stands out due to the strategic embedding of trust-building, self-empowerment, and community-building elements within its curriculum. The primary goal is for each student to gain a comprehensive understanding of their financial situation, set clear financial objectives, and acquire the necessary knowledge, skills, and habits to achieve these goals.


Official website here: www.qualitasoflife.org

Who is the CEO of Qualitas Of Life Foundation?

Leigh Rovzar is the Director of Qualitas Of Life Foundation.


Official website here: www.qualitasoflife.org

What is the revenue of Qualitas Of Life Foundation?

Qualitas Of Life Foundation's revenue in 2022 was $471,706.


Official website here: www.qualitasoflife.org

Who are the executives of Qualitas Of Life Foundation and what are their salaries?

The average compensation at Qualitas Of Life Foundation during 2022 was $11,419. There are 21 employees and 39 volunteers at Qualitas Of Life Foundation.


Here are 12 key members and their salaries:


Russell G Byres Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Diez Barroso De Franklin (Director (Thru August 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Rovzar (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregorio Schneider (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Suarez-Velez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Zabludovsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivana Estrada (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Kuri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcela Orvananos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan C Gaubert (Director (From September 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebeca Espinosa (Director (From November 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Myriam E Rebling (Executive Director)
  • Compensation: $71,482
  • Related: $0
  • Other: $0


Official website here: www.qualitasoflife.org

Where can I find the form 990 for Qualitas Of Life Foundation?

Qualitas Of Life Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.qualitasoflife.org

Learn more at the official website: www.qualitasoflife.org

Mission Statement of Qualitas Of Life Foundation

Qualitas of Life Foundation, a non-profit organization, is dedicated to enhancing the financial security and improving the standard of living for Hispanic individuals and their families. The organization achieves this by delivering fundamental financial education. By providing instruction on personal finances and navigating the financial system, Qualitas of Life Foundation empowers Hispanic individuals to take charge of their financial situation.

The unique approach of Qualitas of Life Foundation integrates trust-building, self-empowerment, and community-building elements into its curriculum. Through educational workshops, participants gain access to various financial institutions and learn how to utilize these resources effectively to improve their personal finances. The ultimate objective of the organization is for each student to gain a clear understanding of their financial situation, set achievable financial goals, and acquire the necessary knowledge, skills, and habits to achieve these objectives. This comprehensive approach not only equips individuals but also provides opportunities for their families, fostering financial stability and growth.

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Impact




July, 2024

Qualitas Of Life Foundation's impact lies in empowering Hispanic individuals and families by providing essential financial education. Through their instructional workshops and guidance on personal finances, participants gain the knowledge and skills needed to improve their financial well-being and enhance their standard of living. The organization's unique approach integrates trust-building, self-empowerment, and community-building elements into their curriculum, fostering not just financial security but also personal growth and community support. By helping individuals understand their financial situation, set clear goals, and develop necessary habits, Qualitas Of Life Foundation enables them to create a more stable and prosperous future for themselves and their families.




This information is meant to be a general summary of Qualitas Of Life Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$471,706 (2022)
Expenses
$466,757 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,590
  • Gross Receipts: $471,706

Assets and Liabilities:

  • Total Assets: $490,577
  • Total Liabilities: $21,145
  • Net Assets: $469,432

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Organization Details

Founding Year

2007

Principal Officer

Leigh Rovzar

Main Address

1221 AVENUE OF THE AMERICAS 43S093, NEW YORK, NY, 10020

NTEE Category

Code: P51 - Human services

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