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Fundacion Jose A Balseiro Inc

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

EIN: 205780211 ✦ Livermore, CA ✦ Designated as a 501(c)(3)

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Overview

What is Fundacion Jose A Balseiro Inc?

Fundacion Jose A Balseiro Inc is a charitable organization situated in Livermore, California. Its primary purpose is to offer financial aid and backing to Instituto Balseiro, a renowned educational and scientific research institution that holds a connection with the National University of Cuyo in Argentina. The foundation's mission extends to supporting the advancement of education and scientific research affiliated with the National University of Cuyo in Argentina. By providing financial assistance, Fundacion Jose A Balseiro plays a crucial role in fostering academic growth and scientific discoveries at Instituto Balseiro.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Star rating)

Fundacion Jose A Balseiro Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly poorly in areas such as board independence, with no independent members on its board, and a lack of essential financial documentation. These deficiencies are reflected in the low scores for having a conflict of interest policy, whistleblower policy, and a document retention policy, which are critical for ensuring transparency and ethical governance.

Despite its challenges, Fundacion Jose A Balseiro Inc does demonstrate strengths in its program expense ratio, which stands at an impressive 100%. This suggests that all its expenses are directed towards its programs, reflecting a commitment to fulfilling its mission. However, the absence of financial statements and other required documentation raises questions about the overall management and oversight of the organization.

Overall, the significant gaps in governance and accountability measures highlight areas that need urgent attention for Fundacion Jose A Balseiro Inc to improve its standing and foster trust among its supporters and stakeholders. Addressing these issues could enhance its credibility and effectiveness in serving its mission.


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

Is Fundacion Jose A Balseiro Inc legitimate?

Fundacion Jose A Balseiro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundacion Jose A Balseiro Inc 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: $0

For more financial information, click here

What is the mission statement of Fundacion Jose A Balseiro Inc?

Fundacion Jose A Balseiro Inc's mission is centered around providing financial assistance and support to an educational and scientific research institution named Instituto Balseiro. This institution is affiliated with the National University of Cuyo in Argentina. The primary objective of Fundacion Jose A Balseiro Inc is to foster education and scientific research within this affiliation. By doing so, it contributes to the advancement of knowledge and understanding in these fields.

Who is the CEO of Fundacion Jose A Balseiro Inc?

Jose Alfredo Caro is the Director of Fundacion Jose A Balseiro Inc. The CEO's salary of Fundacion Jose A Balseiro Inc is $0 and their total compensation is $0.

What is the revenue of Fundacion Jose A Balseiro Inc?

Fundacion Jose A Balseiro Inc's revenue in 2022 was $521,911.

Who are the executives of Fundacion Jose A Balseiro Inc and what are their salaries?


Here are 5 key members and their salaries (Fundacion Jose A Balseiro Inc's CEO's salary is $0 and their total compensation is $0):


Jorge Pullin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Sofo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Leu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Alfredo Caro (Ceo/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magdalena Serrano De Caro (Cfo & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fundacion Jose A Balseiro Inc?

Fundacion Jose A Balseiro Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fundacion Jose A Balseiro Inc

Fundacion Jose A Balseiro, a nonprofit organization, plays a significant role in providing financial assistance and support to the Instituto Balseiro, an educational and scientific research institution affiliated with the National University of Cuyo in Argentina. The organization's mission is to contribute to the advancement of education and scientific research. It accomplishes this by offering financial aid and backing to the Instituto Balseiro, thereby fostering a conducive environment for knowledge exchange and discovery. The main focus of Fundacion Jose A Balseiro is to support the educational and research activities affiliated with the National University of Cuyo in Argentina, thereby contributing to the broader academic community.

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Impact




July, 2024

Fundacion Jose A Balseiro Inc's impact lies in providing vital financial assistance and support to the Instituto Balseiro, a prestigious educational and scientific research institution affiliated with the National University of Cuyo in Argentina. By aiding the Institute in its endeavors, the foundation contributes to the advancement of education and scientific research, thereby fostering innovation and knowledge creation within the academic community. Its support plays a crucial role in nurturing the next generation of scholars and researchers affiliated with the National University of Cuyo, Argentina.




This information is meant to be a general summary of Fundacion Jose A Balseiro Inc. 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
$521,911 (2022)
Expenses
$213,257 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $143,373
  • Program Service Revenue: $50,858
  • Gross Receipts: $1,174,482

Assets and Liabilities:

  • Total Assets: $4,326,877
  • Total Liabilities: $0
  • Net Assets: $4,326,877

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL SUPPORT SE

Revenue

$50,858

Organization Details

Founding Year

2006

Principal Officer

Jose Alfredo Caro

Main Address

2117 4TH STREET, LIVERMORE, CA, 94550

NTEE Category

Code: B114 - Education

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