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California Friends Foundation

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

EIN: 330883552 ✦ Stanton, CA ✦ Designated as a 501(c)(3)

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Overview

What is California Friends Foundation?

California Friends Foundation is a nonprofit organization situated in Stanton, California. Their primary objective is to generate supplemental income for residents residing in a non-profit retirement home community. Additionally, they support other non-profit affiliates through the establishment of funds, achieved by soliciting contributions. The funds are specifically intended to benefit and provide support to California Friends Home, a tax-exempt non-profit public benefit corporation.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

California Friends Foundation has achieved an 84% rating, which reflects a solid performance in accountability and finance. The rating is derived entirely from this area, showcasing the organization's commitment to financial responsibility and transparency. High scores in various metrics such as a 100% independent board and a 0.00% liabilities to assets ratio highlight the foundation's strong governance and financial health.

Strengths of the organization include a robust program expense ratio of 97.80%, indicating that a significant majority of funds are directed towards its programs rather than administrative costs. The foundation has also demonstrated good practices in conflict of interest policies and document retention, contributing positively to its accountability practices.

While the organization has performed well in the areas evaluated by Charity Navigator, the three-star rating suggests there may be potential areas for growth or improvement in other aspects not covered by the accountability and finance score. Overall, California Friends Foundation appears to be a reliable nonprofit with a strong focus on its mission and responsible financial management.


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

Is California Friends Foundation legitimate?

California Friends Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Friends 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 California Friends Foundation?

The California Friends Foundation's mission is centered around raising funds to support and benefit California Friends Home, a non-profit organization. This is achieved through soliciting contributions. The primary goal of these funds is to provide assistance and care to the residents of California Friends Home, which is a tax-exempt public benefit corporation. The foundation also supports its non-profit affiliates through various means. In addition to this, the foundation manages its properties to generate supplemental income for the residents of the non-profit retirement home community.

Who is the CEO of California Friends Foundation?

Jeff Davis is the Cfo of California Friends Foundation.

What is the revenue of California Friends Foundation?

California Friends Foundation's revenue in 2022 was $1,270.

Who are the executives of California Friends Foundation and what are their salaries?


Here are 5 key members and their salaries:


Don Allen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Davis (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hablitzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Brown (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Leach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for California Friends Foundation?

California Friends Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of California Friends Foundation

California Friends Foundation, a tax-exempt non-profit public benefit corporation, is dedicated to establishing funds and soliciting contributions for the betterment and support of California Friends Home. The organization's primary mission is to provide financial assistance to this retirement home community, ensuring its residents have supplemental income. Additionally, California Friends Foundation supports other non-profit affiliates, contributing to their overall well-being and mission. By managing properties and securing funds, California Friends Foundation plays a significant role in enhancing the living conditions and financial stability of its affiliated non-profit organizations.

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Impact




October, 2024

California Friends Foundation has a significant impact by establishing and managing funds that benefit California Friends Home, a retirement community for seniors. Through soliciting contributions, the foundation generates supplemental income that directly supports the residents and enhances their quality of life. This financial support also extends to nonprofit affiliates, fostering a broader community impact. The foundation plays a crucial role in ensuring that the residents of California Friends Home have access to the resources and services they need, contributing to their wellbeing and fulfilling the community's mission to provide compassionate care and support.




This information is meant to be a general summary of California Friends 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
$1,270 (2022)
Expenses
$54,447 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,270

Assets and Liabilities:

  • Total Assets: $57,915
  • Total Liabilities: $0
  • Net Assets: $57,915

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Organization Details

Principal Officer

Jeff Davis

Main Address

12151 DALE STREET, STANTON, CA, 90680

NTEE Category

Code: T20 - Philanthropy

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