Overview
What is John 14-2 Foundation?
The John 14-2 Foundation, located in Bellevue, Washington, is a nonprofit organization that plays a significant role in supporting underserved youth and refugees. It also offers housing solutions for staff working in charitable organizations. The foundation's primary mission revolves around receiving, maintaining, and leasing out real or personal property to serve charitable or religious purposes. By doing so, the John 14-2 Foundation contributes to various community needs, providing a vital service for those in need of housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (71%)
The John 14-2 Foundation has received a two-star rating from Charity Navigator, indicating that while there are strengths in its operations, there is room for improvement. The foundation scored a total of 71% in its overall assessment, reflecting a solid commitment to financial management and accountability. Key strengths include a fully independent board of directors, with 100% of its members being independent, and a strong program expense ratio of 98.57%, suggesting that the vast majority of funds are directed towards its programs.
Further analysis shows that the organization has no material diversion of assets and adheres to a conflict of interest policy, both of which are favorable indicators of good governance practices. The board meeting minutes are documented, contributing to its transparency. Additionally, the liabilities to assets ratio of 22.29% reinforces the foundation's financial health.
Despite these strengths, the overall rating highlights the necessity for enhancements in certain operational areas to achieve a higher rating. Stakeholders might look for more detailed insights into the foundation's programmatic impact and strategies for improvement in areas that could bolster its reputation and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is John 14-2 Foundation legitimate?
John 14-2 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John 14-2 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:
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What is the mission statement of John 14-2 Foundation?
The John 14-2 Foundation's mission revolves around managing and utilizing real or personal property for charitable and religious purposes. Specifically, it involves providing housing solutions for underprivileged youth and refugees, as well as offering accommodation for staff working in charitable organizations. The foundation's primary goal is to contribute to charitable initiatives by offering essential property services.
Who is the CEO of John 14-2 Foundation?
Richard Leatherberry is the Executive Director of John 14-2 Foundation.
What is the revenue of John 14-2 Foundation?
John 14-2 Foundation's revenue in 2022 was $544,924.
Who are the executives of John 14-2 Foundation and what are their salaries?
There 10 volunteers at John 14-2 Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for John 14-2 Foundation?
John 14-2 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of John 14-2 Foundation
The John 14-2 Foundation is dedicated to serving a noble cause. Its mission lies in receiving, holding, and maintaining or leasing real or personal property for charitable or religious purposes. This organization plays a significant role in providing housing solutions for under-served youth and refugees. Furthermore, John 14-2 Foundation extends its support by offering staff housing for various charitable organizations. By doing so, it contributes to the overall well-being and betterment of these communities and individuals in need.
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Impact
July, 2024
The John 14-2 Foundation's impact lies in providing housing for under-served youth, refugees, and staff housing for charitable organizations. By receiving, holding, maintaining, and leasing real or personal property used for charitable or religious purposes, the foundation directly addresses the pressing need for safe and secure accommodation for vulnerable populations. This not only meets an immediate need but also contributes to the overall well-being and stability of these individuals and the charitable organizations they support.
This information is meant to be a general summary of John 14-2 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.
- Program Service Revenue: $78,600
- Gross Receipts: $544,924
Assets and Liabilities:
- Total Assets: $2,453,698
- Total Liabilities: $905,838
- Net Assets: $1,547,860
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Subsidized rental income
Revenue
$78,600
Organization Details
Founding Year
2010
Phone
(425) 454-3082Principal Officer
Richard Leatherberry
Main Address
1717 Bellevue Way NE, Bellevue, WA, 98004
NTEE Category
Code: T31 - Philanthropy
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