Overview
What is Kb Foundation Of Texas?
Kb Foundation of Texas is a nonprofit organization situated in Harlingen, Texas, with a primary focus on addressing juvenile crime, graffiti, and gang violence in the local area. They accomplish this by establishing programs that offer alternative activities and mentoring for high-risk youth after school. These programs help to provide these young individuals with educational resources and opportunities to engage in athletics. Moreover, the foundation is committed to offering a safe environment for migrant families seeking asylum in the U.S., providing them with leased buildings for housing. The organization works closely with local law enforcement, Harlingen CISD, and the city of Harlingen to deliver intervention counseling to at-risk students and support them in completing their high school education.
Official website here: www.not applicable
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 74%)
The Kb Foundation Of Texas has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and financial practices. The organization scored 74% overall, with strengths noted in having a fully independent board and a high program expense ratio of 78.29%. These factors suggest a commitment to using resources effectively for their programs and services.
However, there are significant limitations in the foundation's transparency and governance practices. While they have established policies for conflict of interest and document retention, the absence of a whistleblower policy and the failure to post their tax form on their website are concerning. Additionally, the financial statements are not reviewed or compiled, which may hinder public trust.
Overall, while the Kb Foundation Of Texas demonstrates effective program spending and governance structure, improvements in transparency and financial reporting are necessary to enhance their accountability and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Kb Foundation Of Texas legitimate?
Kb Foundation Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kb Foundation Of Texas 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: $215,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,800
For more financial information, click here
Official website here: www.not applicable
What is the mission statement of Kb Foundation Of Texas?
The Kb Foundation of Texas focuses on addressing juvenile crime, graffiti, and gang violence in its mission. To achieve this, the foundation establishes programs offering alternative activities after school for economically disadvantaged and high-risk youth. These activities include athletics and education, aiming to provide a safe environment and mentoring. Additionally, the organization provides educational tools and resources to high-risk students, collaborates with schools to prevent dropouts, and offers safe housing for migrant families seeking asylum. The foundation's activities are funded through program expenses, leveraging collaborations with local law enforcement agencies and educational institutions.
Official website here: www.not applicable
Who is the CEO of Kb Foundation Of Texas?
Karam S Boulos is the President of Kb Foundation Of Texas.
Official website here: www.not applicable
What is the revenue of Kb Foundation Of Texas?
Kb Foundation Of Texas's revenue in 2022 was $1,137,144.
Official website here: www.not applicable
Who are the executives of Kb Foundation Of Texas and what are their salaries?
The average compensation at Kb Foundation Of Texas during 2022 was $106,933. There are 3 employees at Kb Foundation Of Texas.
Here are 5 key members and their salaries:
- Compensation: $215,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.not applicable
Where can I find the form 990 for Kb Foundation Of Texas?
Kb Foundation Of Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.not applicable
Learn more at the official website: www.not applicable
Mission Statement of Kb Foundation Of Texas
The Kb Foundation of Texas is committed to addressing juvenile crime, graffiti, and gang violence in its area of operation. To achieve this, the organization establishes programs that offer alternative activities for high-risk youths after school. These activities include athletics and educational opportunities, providing a safe and engaging environment for these individuals. The foundation also focuses on mentoring and equipping these students with educational tools to help them succeed.
In addition to addressing juvenile issues, the Kb Foundation of Texas is dedicated to providing a safe environment for migrant families seeking asylum in the United States. To accomplish this, the organization leases buildings to house these families, offering them a secure place to stay during their transition. The foundation's efforts extend beyond this, as it collaborates with local schools and city organizations to provide intervention counseling to 9th grade students, aiming to prevent them from dropping out of school. This holistic approach to community support demonstrates the Kb Foundation of Texas's commitment to fostering a safer and more enriching environment for all.
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Impact
October, 2024
Kb Foundation Of Texas works actively to mitigate juvenile crime, gang violence, and graffiti in Harlingen, Texas, by creating constructive alternatives for at-risk youth. The organization focuses on establishing programs and safe environments that engage young people in positive activities after school.
Through collaboration with local law enforcement and educational institutions, they have set up a teen youth center that serves as a safe haven for economically disadvantaged youth to participate in various athletic and educational activities. This initiative not only aims to reduce gang involvement but also provides vital resources, such as computers and study rooms, to enhance educational opportunities for these students.
Furthermore, Kb Foundation addresses student retention by offering intervention counseling for 9th graders at risk of dropping out of school, thereby significantly impacting their chances for a successful academic future. The organization also supports migrant families by providing safe housing options for those seeking asylum, thereby fostering a stable environment that can enhance their quality of life.
Overall, Kb Foundation Of Texas plays a crucial role in transforming the lives of vulnerable youth and families in the community, empowering them through constructive engagement and educational support.
This information is meant to be a general summary of Kb Foundation Of Texas. 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.
- Program Service Revenue: $1,132,416
- Gross Receipts: $1,137,144
Assets and Liabilities:
- Total Assets: $2,452,506
- Total Liabilities: $1,400,332
- Net Assets: $1,052,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BCFS HEALTH HUMAN SERVI
Revenue
$1,132,416
Organization Details
Founding Year
2009
Principal Officer
Karam S Boulos
Main Address
2925 CLIFFORD ST, Harlingen, TX, 78550
Website
www.not applicableNTEE Category
Code: P30 - Human services
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