Overview
What is Xposure Foundation Inc?
Xposure Foundation Inc, based in South Richmond Hill, New York, is a nonprofit organization dedicated to enriching the lives of children and families in underserved communities. Their comprehensive approach includes broadcast finance radio, where students create radio shows on various topics, financial literacy programs where students open and manage their savings accounts, and online investment accounts, technology education, dance and leadership development, animation and 3D modeling, and a strong emphasis on communication skills. Through these initiatives, Xposure aims to foster a love for science, technology, finance, work ethics, nutrition, and community service while strengthening family bonds. The organization has earned recognition with two NY Emmy awards and nine nominations for its content created by its students.
Official website here: www.xposurefoundationinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Xposure Foundation Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial management, there are significant areas that require improvement. The foundation boasts a perfect score for its accountability and finance practices, with all board members being independent and a commendable program expense ratio of 77.34%. This suggests that the majority of its funds are directed towards its programs, highlighting a commitment to effective service delivery.
However, the organization faces challenges in fundraising efficiency and working capital management, as evidenced by a fundraising efficiency ratio of $0.002 and a working capital ratio of only 0.02 years. These figures reflect potential issues in generating adequate revenue to sustain its operations and programs. Addressing these limitations will be crucial for the foundation to enhance its financial sustainability and overall impact.
Overall, while Xposure Foundation Inc has solid governance and accountability practices, it must focus on improving its fundraising strategies and financial stability to better serve its mission and community.
This AI summary has been generated from information found on Charity Navigator.
Is Xposure Foundation Inc legitimate?
Xposure Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xposure Foundation 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: $323,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,049,021
For more financial information, click here
Official website here: www.xposurefoundationinc.org
What is the mission statement of Xposure Foundation Inc?
Xposure Foundation Inc's mission, recognized with two NY EMMY awards, is geared towards exposing children, youth, and families from underprivileged communities to diverse realms such as science, technology, finance, work ethics, nutrition, and community service. The organization aims to strengthen parent-child relationships while providing a platform for youth to discuss topics of interest through its broadcasting radio shows. The foundation also offers music production opportunities, allowing students to create songs focusing on various subjects, including financial literacy. In the realm of animation and 3D modeling, students learn the basics of stop-motion animation and 3D modeling. Financial literacy programs, like Wall Street Warriors and Learn to Earn, teach students about saving and investing. Technology education includes robotics, electronics, coding, and drones, using a 3-step model to emphasize effective communication skills. Dance programs, such as Eclectic Dancers, build self-esteem and self-empowerment through various dance forms. The foundation has earned recognition with 2 NY EMMY awards and 9 nominations for content created with its elementary, middle, and high school youth.
Official website here: www.xposurefoundationinc.org
Who is the CEO of Xposure Foundation Inc?
Raymond L Thomas Jr is the Executive Director of Xposure Foundation Inc.
Official website here: www.xposurefoundationinc.org
What is the revenue of Xposure Foundation Inc?
Xposure Foundation Inc's revenue in 2021 was $2,640,925.
Official website here: www.xposurefoundationinc.org
Who are the executives of Xposure Foundation Inc and what are their salaries?
The average compensation at Xposure Foundation Inc during 2021 was $10,475. There are 131 employees at Xposure Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $111,366
- Related: $0
- Other: $0
- Compensation: $111,250
- Related: $0
- Other: $0
- Compensation: $98,350
- Related: $0
- Other: $0
- Compensation: $2,188
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.xposurefoundationinc.org
Where can I find the form 990 for Xposure Foundation Inc?
Xposure Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.xposurefoundationinc.org
Learn more at the official website: www.xposurefoundationinc.org
Mission Statement of Xposure Foundation Inc
Xposure Foundation Inc, a two-time Emmy award-winning organization, is dedicated to exposing children, youth, and families in underserved communities to various realms such as science, technology, finance, work ethics, nutrition, and community service. Their mission is to strengthen parent-child relationships by providing these communities with unique and engaging experiences.
The foundation achieves this through a broad array of innovative programs. For instance, their Broadcasting Fun Finance Radio allows students to create radio shows on topics ranging from school culture to financial literacy. Xposure's Girls with Knowledge radio show, among others, provides a platform for youth to discuss issues that matter to them. The Music Production program offers students the chance to write, perform, and produce music, covering topics from financial literacy to school bullying.
In the realm of animation and 3D modeling, Xposure Foundation Inc teaches students the basics of stop-motion and 3D animation, as well as the fundamentals of 3D modeling, including character development and texturing. The foundation's Financial Literacy programs, such as Wall Street Warriors and Learn to Earn, help participants understand the importance of saving and investing. Students learn by managing their own savings accounts and investing in Fortune 500 companies.
Xposure's Technology program exposes students to various technology programming, including robotics, electronics, coding, and drones, utilizing a three-step communication model to emphasize effective reading, writing, listening, and speaking skills. The Eclectic Dancers, a dance/leadership development troupe, is designed to build self-esteem and empowerment through hip hop, modern, and other dance forms.
Overall, Xposure Foundation Inc's mission is to enrich the lives of children, youth, and families in underserved communities by introducing them to these diverse fields and fostering strong parent-child relationships. Their innovative programs aim to inspire, educate, and empower the next generation.
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Impact
October, 2024
Xposure Foundation Inc has made a significant impact in underserved communities by empowering children, youth, and families through various educational initiatives. With a mission centered on exposure to essential life skills and knowledge areas, Xposure offers a dynamic platform that blends creativity with practical learning.
The Foundation has developed proprietary school-based internet radio and TV stations, allowing students to produce their own shows on topics ranging from financial literacy to teen issues and school culture. This initiative not only gives young people a voice but also cultivates their communication and media production skills.
In addition to broadcasting, Xposure encourages creativity through music production, providing mini school-based studios where students can write, perform, and produce music on relevant subjects. The Emmy-nominated “Work Hard” song exemplifies their focus on using music as a tool for education.
The Foundation also emphasizes essential skills such as financial literacy through programs like Wall Street Warriors and Learn to Earn. Participants gain hands-on experience with savings accounts and online investment opportunities, teaching them about the importance of managing their finances and understanding wealth-building strategies.
Technology education is another cornerstone of Xposure's impact, where students dive into robotics, coding, and electronics. The structured technology and communications model enhances their reading, writing, listening, and speaking capabilities, preparing them for a technology-driven world.
Moreover, Xposure encourages personal development through dance, offering opportunities for self-expression and leadership skills, which contribute to building self-esteem among participants.
Through various projects, including award-winning films like "Dear Bully," Xposure has created a collaborative environment that brings together diverse student talents, further enhancing their learning experience.
Overall, the impact of Xposure Foundation Inc is profound, as it cultivates knowledge, skills, creativity, and self-empowerment among youth, fostering a brighter future for individuals and their communities.
This information is meant to be a general summary of Xposure Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $2,640,925
Assets and Liabilities:
- Total Assets: $739,612
- Total Liabilities: $513,621
- Net Assets: $225,991
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Organization Details
Founding Year
2007
Principal Officer
Raymond L Thomas Jr
Main Address
121-16 97TH AVE, South Richmond Hill, NY, 114191321
Website
www.xposurefoundationinc.orgNTEE Category
Code: B122 - Education
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