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The Steve Francis Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320489487 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Steve Francis Foundation?

The Steve Francis Foundation is a charitable organization, headquartered unspecified, dedicated to uplifting underprivileged young individuals and supporting low-income families. Through their mission, they offer scholarships to deserving yet economically challenged youth, aiming to provide them with academic opportunities. In addition, the foundation engages in community activities designed specifically for underprivileged youth, fostering their growth and development. Furthermore, during the holiday season, the organization extends its support by providing nourishing meals to families struggling with financial hardships. By offering these essential services, The Steve Francis Foundation strives to create a positive impact in the lives of those in need.


Official website here: www.stevefrancisfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66% (Two-Star out of Four Star Rating)

The Steve Francis Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness in its operations. The overall score reflects strengths in areas such as having a majority of independent board members and a strong program expense ratio, suggesting that the resources are being directed towards its programs.

However, the organization faces significant limitations in governance practices. It scored poorly in several key areas, including the absence of a conflict of interest policy and a whistleblower policy, which raises concerns about internal oversight and accountability. Additionally, the foundation does not publish its tax forms on its website, which could impact transparency.

While its financial health appears stable, with a favorable liabilities to assets ratio, the governance issues highlighted could hinder its overall effectiveness. Stakeholders may want to consider these factors when evaluating the foundation's trustworthiness and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is The Steve Francis Foundation legitimate?

The Steve Francis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Steve Francis 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


Official website here: www.stevefrancisfoundation.com

What is the mission statement of The Steve Francis Foundation?

The Steve Francis Foundation's mission is centered around providing assistance to underprivileged youth and low-income families. Specifically, the organization offers scholarships to deserving young individuals, organizes community activities for underprivileged youth, and provides holiday meals to families in need. This philanthropic endeavor aims to support and uplift these groups, thereby contributing to their overall well-being.


Official website here: www.stevefrancisfoundation.com

What is the revenue of The Steve Francis Foundation?

The Steve Francis Foundation's revenue in 2023 was $36.


Official website here: www.stevefrancisfoundation.com

Who are the executives of The Steve Francis Foundation and what are their salaries?

There 5 volunteers at The Steve Francis Foundation.

Here are 2 key members and their salaries:


Steve Francis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Potter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stevefrancisfoundation.com

Where can I find the form 990 for The Steve Francis Foundation?

The Steve Francis Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.stevefrancisfoundation.com

Learn more at the official website: www.stevefrancisfoundation.com

Mission Statement of The Steve Francis Foundation

The Steve Francis Foundation, as outlined, is an organization dedicated to uplifting underprivileged youth and supporting low-income families. Its mission encompasses three primary areas: offering scholarships to deserving yet financially disadvantaged young individuals, engaging in community activities designed for the betterment of underprivileged youth, and providing holiday meals during festive seasons for families struggling with poverty. Through these initiatives, the foundation aims to contribute positively to the lives of those in need, fostering opportunities for growth and improvement.

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Impact




October, 2024

The Steve Francis Foundation significantly impacts the Houston community by providing essential support to underprivileged youth and families. Through its scholarship program, the foundation empowers young individuals to pursue educational opportunities that may otherwise be out of reach. By organizing community activities, it fosters engagement and offers recreational and developmental experiences that enrich the lives of disadvantaged youth. Additionally, the foundation addresses food insecurity by providing holiday meals for low-income families, ensuring they can enjoy festive gatherings without the stress of financial burden. Overall, these initiatives collectively uplift the community and promote a brighter future for its youth.




This information is meant to be a general summary of The Steve Francis 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.

Revenue
$36 (2023)
Expenses
$8,750 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $36
  • Gross Receipts: $36

Assets and Liabilities:

  • Total Assets: $50,369
  • Total Liabilities: $0
  • Net Assets: $50,369

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Organization Details

Founding Year

2016

Principal Officer

Carrie Potter

NTEE Category

Code: B82 - Education

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