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Friends Of Missionaries Of The Cross Foundation

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

EIN: 261795588 ✦ San ysidro, CA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Missionaries Of The Cross Foundation?

The Friends of Missionaries of the Cross Foundation is a nonprofit organization that wholeheartedly supports the missionary endeavors of the Missionaries of the Cross. Their primary function is to provide free educational opportunities for underprivileged children, aligning with their mission to make a positive impact worldwide. As a church group, their sole purpose is to contribute to the success of the missionaries' efforts.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70% - Two-Star out of Four Star rating.

Friends Of Missionaries Of The Cross Foundation has received a 70% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in certain areas, such as having a fully independent board and a zero liabilities to assets ratio, which reflect strong governance and financial stability. Additionally, they achieve a perfect score in program expense ratio, suggesting that their funds are effectively directed towards their mission.

However, the organization faces significant shortcomings in compliance and transparency. There are several missing policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Furthermore, the absence of publicly posted tax forms and board meeting minutes raises concerns about their commitment to transparency and accountability.

Overall, while Friends Of Missionaries Of The Cross Foundation demonstrates strong governance and financial practices, the lack of essential policies and publicly accessible documents suggests areas that require improvement to enhance trust and transparency with stakeholders.


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

Is Friends Of Missionaries Of The Cross Foundation legitimate?

Friends Of Missionaries Of The Cross Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Missionaries Of The Cross 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: $0

For more financial information, click here

What is the mission statement of Friends Of Missionaries Of The Cross Foundation?

The Friends of Missionaries of the Cross Foundation serves as a church group dedicated to supporting the missionary endeavors of the Missionaries of the Cross. Their primary mission is to aid in this cause, and they accomplish this goal through various programs. One of their key initiatives is providing free education to underprivileged children. By doing so, they contribute to the broader missionary efforts, aiming to make a positive impact in various communities.

Who is the CEO of Friends Of Missionaries Of The Cross Foundation?

John Tasto is the Principal Officer of Friends Of Missionaries Of The Cross Foundation.

What is the revenue of Friends Of Missionaries Of The Cross Foundation?

Friends Of Missionaries Of The Cross Foundation's revenue in 2023 was $84,898.

Who are the executives of Friends Of Missionaries Of The Cross Foundation and what are their salaries?

There 4 volunteers at Friends Of Missionaries Of The Cross Foundation.


There is 1 key member and their salary:


Oliver Mcgonigle (Tresurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Missionaries Of The Cross Foundation?

Friends Of Missionaries Of The Cross Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of Missionaries Of The Cross Foundation

The Friends of Missionaries of the Cross Foundation is a church-based organization committed to supporting the missionary works of the Missionaries of the Cross. This nonprofit's primary mission is to contribute to this cause through various programs. One of their significant initiatives involves providing free education to children who are economically disadvantaged. By doing so, they aim to contribute to the betterment of these children's lives, ultimately supporting the missionary works of the Missionaries of the Cross. The Friends of Missionaries of the Cross Foundation's mission is a testament to their dedication to uplifting communities and supporting the noble cause of their affiliated missionaries.

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Impact




October, 2024

Friends of Missionaries of the Cross Foundation significantly impacts communities by supporting the missionary works of the Missionaries of the Cross. Their initiatives focus on delivering free education to underprivileged children, ensuring that those who might otherwise miss out on schooling receive essential learning opportunities. This support not only fosters education but also helps uplift families and communities, creating a ripple effect of positive change. Based in San Ysidro, CA, the foundation plays a critical role in extending resources and support to those in need, aligning with its mission to enhance lives through faith and education.




This information is meant to be a general summary of Friends Of Missionaries Of The Cross 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
$84,898 (2023)
Expenses
$96,239 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $84,898

Assets and Liabilities:

  • Total Assets: $54,577
  • Total Liabilities: $0
  • Net Assets: $54,577

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Organization Details

Founding Year

2008

Principal Officer

John Tasto

Main Address

4492 EL CAMINO DE LA PLAZA 782, SAN YSIDRO, CA, 921730000

NTEE Category

Code: X21 - Religion related

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