Overview
What is The Xaton Foundation?
The Xaton Foundation is a nonprofit organization, based in Malibu, California, dedicated to supporting grassroots charities that cater to the needs of at-risk youths and seniors. Their missions involve contributions towards health services, food distribution, education, and improving the quality of life for terminally ill adults. In addition, they extend their support to relief organizations responding to natural disasters within the United States and seek innovative approaches to address health issues faced by vulnerable individuals due to underlying problems such as poverty and mental illness. The founder personally covers all expenses associated with the foundation's operations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Xaton Foundation has received an 80% score from Charity Navigator, which translates to a solid Three-Star rating. This score is derived entirely from their Accountability & Finance beacon, reflecting the organization’s strong commitment to transparency and responsible financial management.
The foundation boasts a fully independent board, with 100% of its members meeting independence criteria. They have a small board size of three independent members, which can allow for more focused decision-making. Notably, there have been no material diversions of assets, and the organization adheres to a robust conflict of interest policy, demonstrating a strong internal governance structure.
On the financial side, the organization shows an impressive program expense ratio of 100%, indicating that all of its expenses are directed towards its programs. Additionally, it maintains a 0% liabilities to assets ratio, highlighting strong financial health. Overall, while the foundation has demonstrated many strengths, a more diverse board and potentially broader financial metrics could enhance its evaluation further.
This AI summary has been generated from information found on Charity Navigator.
Is The Xaton Foundation legitimate?
The Xaton Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Xaton 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 The Xaton Foundation?
The Xaton Foundation's mission is to support grassroots organizations that provide direct aid to children and the elderly, primarily within California. The foundation also extends its assistance to relief organizations responding to natural disasters within the United States. In alignment with these purposes, the foundation seeks innovative approaches to health services to aid youth and seniors who are at risk due to underlying issues such as poverty and mental illness. The foundation's intentions are to improve the lives of these vulnerable populations by providing necessary resources and support.
Who is the CEO of The Xaton Foundation?
Joel Scott Landson is the Director of The Xaton Foundation.
What is the revenue of The Xaton Foundation?
The Xaton Foundation's revenue in 2022 was $252.
Who are the executives of The Xaton Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Xaton Foundation?
The Xaton Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Xaton Foundation
The Xaton Foundation is committed to providing support to grassroots organizations that directly assist children and the elderly within California. Additionally, the foundation extends its aid to relief organizations responding to natural disasters within the United States. In line with these purposes, The Xaton Foundation seeks innovative approaches to health services, aiming to help youth and seniors at risk due to underlying issues such as poverty and mental illness. The foundation's mission is to improve the lives of vulnerable populations by providing essential support and promoting innovative health solutions.
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Impact
October, 2024
The Xaton Foundation has had a significant impact by supporting grassroots organizations that focus on aiding children and the elderly across California. By donating funds, the foundation has enhanced health services, food distribution, and educational initiatives, directly addressing critical quality of life issues for at-risk youths and terminally ill adults. Additionally, it plays a vital role in providing relief to organizations responding to natural disasters within the United States. The foundation's commitment to innovative health service approaches aims to tackle underlying challenges such as poverty and mental health issues, further broadening its positive influence on vulnerable populations. Through these efforts, the foundation has fostered meaningful change and improved the lives of many individuals, exemplifying a dedication to community support and resilience.
This information is meant to be a general summary of The Xaton 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: $2
- Gross Receipts: $252
Assets and Liabilities:
- Total Assets: $15,749
- Total Liabilities: $0
- Net Assets: $15,749
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Organization Details
Founding Year
2008
Phone
(310) 722-0668Principal Officer
Joel Scott Landson
Main Address
P O BOX 988, MALIBU, CA, 90265
NTEE Category
Code: P12 - Human services
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