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Joy Of Sharing Foundation

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

EIN: 371697719 ✦ Norwalk, CA ✦ Designated as a 501(c)(3)

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Overview

What is Joy Of Sharing Foundation?

The Joy of Sharing Foundation is a nonprofit organization situated in Norwalk, California. With a staff of three, they are committed to supporting their local community in Southern California. Their primary activities include operating a Continued Senior Center, offering virtual and on-call support, and hosting a few in-person meetings. The foundation also expands its Clinic Services in collaboration with Lestonnac Free Clinic, now available four days a week. In addition to these services, they provide weekly meal distributions, catering to 2,000 vulnerable individuals. The Joy of Sharing Foundation also maintains a partnership with OC Food Bank, ensuring regular food distribution for the Federal Senior Meal Program. Regular health and wellness workshops are an integral part of their initiatives, held on a monthly basis. The mission of Joy of Sharing Foundation is to construct bridges within the community and provide necessary services, addressing the needs and offering relief where required, not only in their local area but globally as well.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (50%)

The Joy Of Sharing Foundation holds a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 50%, the organization has been notably lacking in transparency, as evidenced by the absence of essential financial statements and policies designed to protect stakeholders, such as a conflict of interest policy and a whistleblower policy.

Despite these shortcomings, the foundation does demonstrate a commendable program expense ratio of 76.81%, highlighting that a substantial portion of its funds are directed towards its programs. However, the lack of independent board members (0%) raises questions about governance and oversight, which are critical for nonprofit effectiveness. The organization also fails to provide its tax form and relevant documentation on its website, further detracting from its credibility.

In summary, while the Joy Of Sharing Foundation allocates a significant amount of its budget to its programs, the absence of crucial governance practices and financial transparency places it at risk of failing to inspire trust among donors and stakeholders.


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

Is Joy Of Sharing Foundation legitimate?

Joy Of Sharing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joy Of Sharing 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: $161,178
Other Salaries and Wages: $10,177

For more financial information, click here

What is the mission statement of Joy Of Sharing Foundation?

The Joy of Sharing Foundation's mission is centered around supporting communities, specifically in Southern California. Their objective is to construct bridges and offer services to address the needs and provide necessary relief when required, not just within their local area, but also globally. The foundation actively engages in various initiatives, such as running a continued Senior Center with virtual and on-call support, expanding clinic services in collaboration with Lestonnac Free Clinic, distributing meals to vulnerable populations, and partnering with OC Food Bank for their Federal Senior Meal Program. Additionally, they organize health and wellness workshops on a monthly basis.

Who is the CEO of Joy Of Sharing Foundation?

Punita Desai is the Ceo of Joy Of Sharing Foundation. The CEO's salary of Joy Of Sharing Foundation is $0 and their total compensation is $0.

What is the revenue of Joy Of Sharing Foundation?

Joy Of Sharing Foundation's revenue in 2022 was $601,509.

Who are the executives of Joy Of Sharing Foundation and what are their salaries?

The average compensation at Joy Of Sharing Foundation during 2022 was $3,392. There are 3 employees at Joy Of Sharing Foundation.


Here are 3 key members and their salaries (Joy Of Sharing Foundation's CEO's salary is $0 and their total compensation is $0):


Punita Desai (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shivani Tarsadia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hasina Patel (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Joy Of Sharing Foundation?

Joy Of Sharing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Joy Of Sharing Foundation

The Joy of Sharing Foundation is committed to supporting communities, with a focus on Southern California. Their mission is twofold: firstly, they aim to build bridges and provide services to address the needs and offer necessary relief within their local community. Secondly, they extend their reach beyond their immediate vicinity, offering aid where it is needed around the world. This humanitarian organization strives to provide relief and support in various capacities, ensuring they make a meaningful impact in the lives of those in need.

The Joy of Sharing Foundation's primary activities include offering continued support to a Senior Center, both virtually and through occasional in-person meetings. They also maintain and expand their Clinic Services in partnership with Lestonnac Free Clinic, now operating four days a week. Additionally, the foundation provides regular meal distribution services, catering to approximately 2,000 vulnerable individuals. They collaborate with the OC Food Bank for monthly food distribution events within their Federal Senior Meal Program. Furthermore, the foundation organizes health and wellness workshops on a monthly basis, as resources allow. Their dedication to community service, bridge-building, and providing relief to those in need is evident in their various initiatives and activities.

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Impact




July, 2024

Joy Of Sharing Foundation's impact includes supporting the community in Southern California by building bridges and providing services to address needs and offer relief globally. They have continued their Senior Center services virtually and through in-person meetings, expanded Clinic services in partnership with Lestonnac Free Clinic, and distributed 2000 meals weekly to vulnerable populations. Additionally, they have partnered with the OC Food Bank for monthly distributions and introduced health and wellness workshops. Their efforts have made a significant impact in Norwalk, CA, and beyond, truly embodying their mission to support communities and provide necessary relief.




This information is meant to be a general summary of Joy Of Sharing 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
$601,509 (2022)
Expenses
$402,150 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $601,509

Assets and Liabilities:

  • Total Assets: $822,778
  • Total Liabilities: $0
  • Net Assets: $822,778

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Organization Details

Founding Year

2012

Principal Officer

Punita Desai

Main Address

15311 PIONEER BLVD, NORWALK, CA, 90650

NTEE Category

Code: W99 - Public benefit

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