Overview
What is Powerpac Foundation?
The Powerpac Foundation, based in San Francisco, California, is a nonprofit organization dedicated to advocating for policy changes that address the concerns of underrepresented communities in California. Their work primarily involves researching key policy areas and collaborating with third-party resources to gain insights into economic and social issues affecting their target communities. The organization's principal mission is to foster civic engagement and encourage voter participation within minority, low-income, and historically underserved populations. With a team of seven dedicated individuals, Powerpac Foundation strives to make a significant impact in shaping policies that cater to the needs of these communities.
Official website here: www.powerpacfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)
Powerpac Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization has scored 73% overall, reflecting a mix of strengths, particularly in board governance and financial management. Notably, it achieved perfect scores for its independent board and material diversion of assets, showcasing a commitment to good governance.
However, the foundation has significant areas for growth, particularly in its policies concerning whistleblower protections and document retention, both of which scored zero due to being missing. These gaps suggest a lack of comprehensive risk management practices that can be crucial for maintaining transparency and ethical standards within the organization.
Financially, Powerpac Foundation demonstrates healthy program expense ratios, allocating a substantial 77.73% of its expenses directly to programs. Despite this strong commitment to its mission, the absence of key policies indicates that the organization may benefit from strengthening its operational frameworks to enhance its overall accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Powerpac Foundation legitimate?
Powerpac Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Powerpac 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: $230,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,133
For more financial information, click here
Official website here: www.powerpacfoundation.org
What is the mission statement of Powerpac Foundation?
The Powerpac Foundation's mission is centered around fostering civic engagement and encouraging voter participation in communities that have historically been underrepresented, including minorities and low-income groups. In line with this mission, the foundation conducts policy research and advocacy to identify key policy areas of concern for communities of color in California for the foreseeable future. Their work also involves researching demographic and geographic concentrations, as well as utilizing third-party research on economic and social issues that are significant to their target communities.
Official website here: www.powerpacfoundation.org
Who is the CEO of Powerpac Foundation?
Lisa Le is the Founder Of She The People of Powerpac Foundation.
Official website here: www.powerpacfoundation.org
What is the revenue of Powerpac Foundation?
Powerpac Foundation's revenue in 2022 was $688,469.
Official website here: www.powerpacfoundation.org
Who are the executives of Powerpac Foundation and what are their salaries?
The average compensation at Powerpac Foundation during 2022 was $74,852. There are 7 employees and 3 volunteers at Powerpac Foundation.
Here are 6 key members and their salaries:
- Compensation: $230,833
- Related: $0
- Other: $0
- Compensation: $34,288
- 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.powerpacfoundation.org
Where can I find the form 990 for Powerpac Foundation?
Powerpac Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.powerpacfoundation.org
Learn more at the official website: www.powerpacfoundation.org
Mission Statement of Powerpac Foundation
The Powerpac Foundation is dedicated to promoting civic engagement and encouraging voter participation within minority, low-income, and historically underrepresented communities. Their mission is centered around fostering an environment where these communities have a stronger voice in political decision-making processes. In order to achieve this, the foundation conducts comprehensive policy research and advocacy. This involves identifying key policy areas of concern for communities of color in California for the foreseeable future. Their general work encompasses delving into demographic and geographic concentrations, as well as utilizing third-party research to address economic and social issues that are of significance to their target communities.
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Impact
July, 2024
Powerpac Foundation has made a significant impact in promoting civic engagement and voter participation in minority, low-income, and historically underrepresented communities. Through its policy research and advocacy efforts focused on key policy areas affecting communities of color in California, the foundation has played a crucial role in raising awareness and addressing economic and social issues. By conducting research on demographic and geographic concentrations and collaborating with third parties, Powerpac Foundation has helped amplify the voices of marginalized groups and advocate for their rights. The foundation's work in San Francisco, CA, exemplifies its commitment to advancing civil rights and creating a more inclusive and equitable society.
This information is meant to be a general summary of Powerpac 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: $3,974
- Program Service Revenue: $3,113
- Gross Receipts: $688,469
Assets and Liabilities:
- Total Assets: $1,336,335
- Total Liabilities: $57,152
- Net Assets: $1,279,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$3,113
Organization Details
Founding Year
2008
Phone
(415) 442-0940Principal Officer
Lisa Le
Main Address
268 BUSH ST UNIT 3737, SAN FRANCISCO, CA, 94104
Website
www.powerpacfoundation.orgNTEE Category
Code: R40 - Civil rights
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