Overview
What is David's Harp Foundation?
David's Harp Foundation is a nonprofit organization situated in San Diego, California. Their mission is to empower and educate at-risk and homeless youth, providing them with opportunities to succeed academically through music education, sound engineering, and multimedia production. The foundation's innovative Business Pod (Biz Pod) program serves as a gateway into the lucrative $2.4B creative economy. By adopting a family business model, young entrepreneurs work alongside adults on real-world projects for renowned clients like Sony and the City of San Diego. They run their own businesses, learning essential skills such as strategic planning, budgeting, and customer service. David's Harp Foundation's dedicated artist mentors share their industry experience, offering valuable insights and guidance. The program also encourages social entrepreneurship, enabling participants to create content for local nonprofits. With a robust evaluation system, the foundation monitors the program's impact on participants, focusing on developing their social-emotional skills and fostering meaningful connections within the creative industry. The organization currently employs 11 individuals.
Official website here: www.davidsharpfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
David's Harp Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The overall score reflects a strong emphasis on transparency, with a perfect score in several governance areas, including board independence and conflict of interest policy. With a fiscal year 2023 program expense ratio of 66.90%, the organization demonstrates a commitment to directing funds towards its programs.
The foundation has a majority of independent board members, which enhances its governance structure and promotes effective oversight. Notably, there are no material diversions of assets reported, further underscoring the integrity of the organization. The presence of a whistleblower policy and a document retention policy contributes to its strong practices in accountability.
However, while the financial scores indicate a stable operational framework, the overall rating suggests room for improvement in financial efficiency, particularly in the program expense ratio. The foundation's focus on maintaining transparency is commendable, but potential donors may want to consider how the organization can enhance its program spending to increase impact.
This AI summary has been generated from information found on Charity Navigator.
Is David's Harp Foundation legitimate?
David's Harp Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. David's Harp 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: $106,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,250
For more financial information, click here
Official website here: www.davidsharpfoundation.org
What is the mission statement of David's Harp Foundation?
The David's Harp Foundation's mission is focused on inspiring, educating, and empowering at-risk and homeless youth, enabling them to achieve academic success through music education, sound engineering, and multimedia production. This organization strives to transform the lives of disconnected young adults aged 16-24, providing them with an opportunity to enter the lucrative $2.4 billion creative economy.
Adopting a family business model, the foundation operates the Biz Pod program, offering real-world project experiences alongside adults. Participants work on projects for renowned clients such as Sony and the City of San Diego, where they acquire skills in strategic planning, budgeting, and customer service.
David's Harp Foundation's mentors, with industry experience, offer valuable insights and guidance. The program fosters social entrepreneurship, encouraging participants to produce content for local nonprofits. A robust evaluation system, including podcasts and self-assessments, monitors the program's impact.
Central to the foundation's mission is the development of social-emotional skills and the importance of relationship building. By participating in the Biz Pod program, these young entrepreneurs not only thrive in business but also build meaningful connections within the creative industry.
Official website here: www.davidsharpfoundation.org
Who is the CEO of David's Harp Foundation?
Brandon Steppe is the Founder/Executive Director of David's Harp Foundation.
Official website here: www.davidsharpfoundation.org
What is the revenue of David's Harp Foundation?
David's Harp Foundation's revenue in 2022 was $1,177,362.
Official website here: www.davidsharpfoundation.org
Who are the executives of David's Harp Foundation and what are their salaries?
The average compensation at David's Harp Foundation during 2022 was $30,070. There are 11 employees and 11 volunteers at David's Harp Foundation.
Here are 8 key members and their salaries:
- Compensation: $80,513
- Related: $0
- 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
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- Other: $0
- Compensation: $2,587
- Related: $0
- Other: $0
Official website here: www.davidsharpfoundation.org
Where can I find the form 990 for David's Harp Foundation?
David's Harp Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.davidsharpfoundation.org
Learn more at the official website: www.davidsharpfoundation.org
Mission Statement of David's Harp Foundation
David's Harp Foundation, a nonprofit organization, is devoted to inspiring, educating, and empowering at-risk and homeless youth, primarily aged between 16 and 24, who have been disconnected from traditional academic pathways. The foundation achieves this mission through its innovative Business Pod (Biz Pod) program, which provides a gateway into the lucrative $2.4 billion creative economy.
Adopting a family business model, the Biz Pod program offers a supportive environment where youth work alongside adults on real-world projects, serving renowned clients such as Sony and the City of San Diego. These young entrepreneurs run their own businesses, honing skills in strategic planning, budgeting, and customer service. David's Harp Foundation's dedicated artist mentors share their industry experience, offering invaluable insights and guidance. The program also embraces social entrepreneurship, encouraging participants to produce content for local nonprofits.
Central to the foundation's mission is the development of social-emotional skills and the importance of relationship building. The program ensures that participants not only thrive in business but also build meaningful connections within the creative industry. With a robust evaluation system, including podcasts and self-assessments, David's Harp Foundation meticulously monitors the program's impact, ensuring continuous improvement and success for its at-risk and homeless youth participants.
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Impact
October, 2024
David's Harp Foundation inspires, educates, and empowers at-risk and homeless youth aged 16-24, providing them with pathways to academic success through music education and multimedia production. The foundation's innovative Business Pod program immerses participants in real-world projects alongside experienced adults, allowing them to gain essential skills in strategic planning, budgeting, and customer service. This unique approach creates a supportive environment where youth can operate their own businesses, working with notable clients like Sony and the City of San Diego, thus opening doors to the lucrative $2.4 billion creative economy.
Through dedicated artist mentors, participants receive industry insights and guidance, fostering not just technical skills but also vital social-emotional competencies and relationship-building skills. The emphasis on social entrepreneurship encourages youth to produce content that addresses local needs, enhancing their community engagement. A robust evaluation system tracks the program’s impact, ensuring continuous improvement and effectiveness in helping participants thrive both personally and professionally. Ultimately, David's Harp Foundation enriches the lives of young people, equipping them with the tools they need to succeed in the creative industry and beyond.
This information is meant to be a general summary of David's Harp 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: $820
- Program Service Revenue: $144,340
- Gross Receipts: $1,177,362
Assets and Liabilities:
- Total Assets: $1,679,047
- Total Liabilities: $456
- Net Assets: $1,678,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$144,340
Organization Details
Founding Year
2009
Phone
(619) 231-1977Principal Officer
Brandon Steppe
Main Address
705 16TH ST, SAN DIEGO, CA, 92101
Website
www.davidsharpfoundation.orgNTEE Category
Code: O54 - Youth development
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