Overview
What is Foundation Entertainment Company?
Foundation Entertainment Company is a small, nonprofit organization headquartered in Mason, Ohio. Their mission is to support and promote family-oriented programming, with a focus on educational and/or Christian themes, in mainstream media. By producing, distributing, and promoting such content, Foundation Entertainment Company aims to provide entertainment that strengthens family relationships and upholds positive moral values. This nonprofit organization operates with a single employee, working towards enriching the content available for children and adults across the country with values-driven entertainment.
Official website here: www.foundationentertainment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Foundation Entertainment Company has received a Two-Star rating from Charity Navigator, indicating some strengths and areas for improvement. The rating is based solely on accountability and finance, where the organization performed well in several metrics, particularly in having an independent board and no material diversion of assets. However, the overall score reflects a lack of essential policies like whistleblower and document retention, which are crucial for transparency and governance.
The organization showcases solid financial health with a low liabilities to assets ratio and a high program expense ratio, suggesting that a significant portion of its funds is directed toward its programs. This focus on program efficiency is a positive aspect that indicates a commitment to its mission. Additionally, the presence of a conflict of interest policy enhances its accountability framework.
Despite these strengths, there are notable gaps in governance practices that could impact stakeholder confidence. The absence of a whistleblower policy and document retention guidelines may hinder the effectiveness of its accountability measures. Addressing these limitations could improve its overall rating and enhance trust and engagement with donors and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Entertainment Company legitimate?
Foundation Entertainment Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Entertainment Company 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: $300,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foundationentertainment.org
What is the mission statement of Foundation Entertainment Company?
The Foundation Entertainment Company's mission is focused on producing, distributing, and promoting family-oriented, educational, or Christian-themed programming. This endeavor aims to offer entertainment that strengthens family relations and upholds moral values, achieving this through positive messaging. By funding, promoting, and marketing such family-based programming into mainstream media, the company seeks to fulfill its exempt purpose, providing a positive impact on children and adults across the nation.
Official website here: www.foundationentertainment.org
Who is the CEO of Foundation Entertainment Company?
Brendon Hansford is the President/Treasurer of Foundation Entertainment Company.
Official website here: www.foundationentertainment.org
What is the revenue of Foundation Entertainment Company?
Foundation Entertainment Company's revenue in 2022 was $4,067,189.
Official website here: www.foundationentertainment.org
Who are the executives of Foundation Entertainment Company and what are their salaries?
The average compensation at Foundation Entertainment Company during 2022 was $300,000. There is 1 employee and 3 volunteers at Foundation Entertainment Company.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $300,000
- Related: $0
- Other: $0
Official website here: www.foundationentertainment.org
Where can I find the form 990 for Foundation Entertainment Company?
Foundation Entertainment Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationentertainment.org
Learn more at the official website: www.foundationentertainment.org
Mission Statement of Foundation Entertainment Company
Foundation Entertainment Company, a nonprofit organization, is committed to producing, distributing, and promoting family-oriented, educational, and/or Christian-themed programming. Their mission is to provide entertainment that reinforces family relationships and moral values among children and adults throughout the country. They achieve this by utilizing positive messaging, aiming to strengthen family bonds and moral principles through their content. To fulfill this purpose, Foundation Entertainment Company funds, promotes, and markets family-centric programming into mainstream media.
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Impact
October, 2024
Foundation Entertainment Company produces, distributes, and promotes programming centered on family values, education, and Christian themes. Its impact is significant in fostering entertainment that emphasizes moral values and strengthens family relationships. By bringing positive messaging to mainstream media, the company ensures that both children and adults have access to content that resonates with their beliefs and encourages healthy family dynamics.
Through its various initiatives, Foundation Entertainment Company enriches cultural narratives, providing alternatives to conventional programming by focusing on content that reinforces ethical standards and community engagement. By prioritizing family-oriented themes, it contributes to a more supportive environment for audiences seeking entertainment that aligns with their values. This not only enhances the viewing experience but also promotes discussions around morality and familial bonds within communities across the nation.
This information is meant to be a general summary of Foundation Entertainment Company. 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: $66,189
- Gross Receipts: $4,067,189
Assets and Liabilities:
- Total Assets: $12,495,109
- Total Liabilities: $0
- Net Assets: $12,495,109
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Organization Details
Founding Year
2007
Phone
(513) 977-8605Principal Officer
Brendon Hansford
Main Address
PO BOX 523, MASON, OH, 45040
NTEE Category
Code: A30 - Arts
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