Overview
What is My Choice Foundation?
My Choice Foundation, located in Elk Grove, California, is a nonprofit organization with a mission to enrich the lives of individuals with developmental disabilities. They provide trust management services, aiming to empower these individuals to live independently to the fullest extent of their abilities. With a dedicated workforce of 22 employees, the foundation's activities are centered around enhancing the quality of life for the developmentally disabled, ultimately fostering their independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79%
My Choice Foundation has received a Three-Star out of Four Star rating from Charity Navigator, indicating that it meets certain standards of accountability and finance. The score is primarily derived from its strong performance in the Accountability & Finance category, where it achieved a solid score of 79%. This rating reflects the organization's commitment to transparency and effective financial management.
One of the organization’s strengths is its governance structure, featuring a fully independent board with no conflicts of interest, which is critical for maintaining accountability. Additionally, My Choice Foundation has received top marks for its financial statements, undergoing regular audits without material diversion of assets. The organization also has robust policies in place concerning conflict of interest and whistleblower protections, further reinforcing its commitment to ethical practices.
Despite its high program expense ratio of 86.89%, indicating a significant portion of funds is directed towards its programs, some users might view the overall score as indicative of areas for potential improvement. The Three-Star rating suggests that while the organization is performing adequately, there remains room for growth in other operational aspects to enhance its overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is My Choice Foundation legitimate?
My Choice Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Choice 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: $335,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $776,916
For more financial information, click here
What is the mission statement of My Choice Foundation?
The My Choice Foundation's mission is centered around enhancing the lives of individuals with developmental disabilities. Their goal is to empower these individuals to live as independently as possible, utilizing their abilities to the fullest extent. The foundation undertakes this mission by offering trust management services, providing essential support and resources that enable these individuals to lead fulfilling lives.
Who is the CEO of My Choice Foundation?
Gary Montgomery is the Principal Officer of My Choice Foundation.
What is the revenue of My Choice Foundation?
My Choice Foundation's revenue in 2022 was $2,686,994.
Who are the executives of My Choice Foundation and what are their salaries?
The average compensation at My Choice Foundation during 2022 was $50,564. There are 22 employees at My Choice Foundation.
Here are 5 key members and their salaries:
- Compensation: $165,924
- Related: $0
- Other: $48,782
- Compensation: $169,569
- Related: $0
- Other: $49,853
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for My Choice Foundation?
My Choice Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of My Choice Foundation
My Choice Foundation, a nonprofit organization, is dedicated to enriching the lives of individuals with developmental disabilities. The primary mission of My Choice Foundation is to empower these individuals to live as independently as possible, utilizing their abilities to the fullest extent. By providing trust management services, the foundation aims to support these individuals in their daily lives and enable them to lead fulfilling, self-sufficient existences.
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Impact
October, 2024
My Choice Foundation significantly enriches the lives of individuals with developmental disabilities, empowering them to live as independently as possible. By providing trust management services, the organization ensures that these individuals receive the necessary support and resources tailored to their unique needs. This commitment not only enhances their quality of life but also fosters a sense of autonomy and dignity. Operating out of Elk Grove, California, My Choice Foundation is dedicated to creating an inclusive community where the developmentally disabled can thrive and contribute meaningfully to society, thereby transforming perceptions and opportunities within their lives.
This information is meant to be a general summary of My Choice 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $100
- Program Service Revenue: $2,686,894
- Gross Receipts: $2,686,994
Assets and Liabilities:
- Total Assets: $19,247,096
- Total Liabilities: $18,341,547
- Net Assets: $905,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRUST MANAGEMENT
Revenue
$2,686,894
Organization Details
Founding Year
2006
Phone
(916) 394-1068Principal Officer
Gary Montgomery
Main Address
PO BOX 580631, ELK GROVE, CA, 957580011
NTEE Category
Code: P80 - Human services
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