Overview
What is The Jo-Nathan Foundation Inc?
The Jo-Nathan Foundation Inc is a nonprofit organization committed to enriching the lives of young individuals. They accomplish this by offering educational opportunities, arranging distinctive experiences, and exposing youth to various activities. Their approach involves sending children to camps tailored to their interests, fostering improvements in communication, teamwork, and decision-making skills. The foundation's primary goal is to positively impact the lives of young people through these experiences, ensuring their all-around development.
Official website here: www.thejo-nathanfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
The Jo-Nathan Foundation Inc has received a low rating primarily due to its inadequate accountability and financial management practices. While the organization excels in having a fully independent board and no material diversion of assets, it faces significant issues in areas such as the absence of a whistleblower and document retention policy. The overall program expense ratio is also concerning, indicating that a minimal portion of its funds is directed towards its programs.
Additionally, the charity's financial health appears weak, as indicated by a liabilities to assets ratio of 0.00%, which suggests that it may not have any assets to offset its liabilities. Its program expense ratio stands at 46.91%, reflecting that less than half of its expenditures are used for its intended programs. This raises questions about the effectiveness of its operations and the impact of its services on the community it aims to serve.
Overall, while The Jo-Nathan Foundation Inc has commendable governance practices, the significant gaps in financial accountability and program expenditure effectiveness are critical areas of concern that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is The Jo-Nathan Foundation Inc legitimate?
The Jo-Nathan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jo-Nathan Foundation Inc 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.
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Official website here: www.thejo-nathanfoundation.org
What is the mission statement of The Jo-Nathan Foundation Inc?
The Jo-Nathan Foundation Inc's mission is centered around investing in the lives of youth. Through their efforts, they aim to provide educational opportunities, unique experiences, and exposure to diverse activities. This organization believes in fostering the development of young individuals, enabling them to improve their communication skills, teamwork, and decision-making abilities. They offer a variety of camps, allowing youth to select the one that aligns best with their interests.
Official website here: www.thejo-nathanfoundation.org
Who is the CEO of The Jo-Nathan Foundation Inc?
Reggie Simpkins is the President of The Jo-Nathan Foundation Inc.
Official website here: www.thejo-nathanfoundation.org
What is the revenue of The Jo-Nathan Foundation Inc?
The Jo-Nathan Foundation Inc's revenue in 2022 was $50,940.
Official website here: www.thejo-nathanfoundation.org
Who are the executives of The Jo-Nathan Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.thejo-nathanfoundation.org
Where can I find the form 990 for The Jo-Nathan Foundation Inc?
The Jo-Nathan Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thejo-nathanfoundation.org
Learn more at the official website: www.thejo-nathanfoundation.org
Mission Statement of The Jo-Nathan Foundation Inc
The Jo-Nathan Foundation, a nonprofit organization, is dedicated to making a significant impact in the lives of young individuals. Its mission is centered around investing in these youth through three key aspects: Education, Experiences, and Exposure. By providing educational opportunities, the foundation aims to equip young minds with the necessary knowledge and skills. Furthermore, it offers unique experiences that foster the development of qualities such as communication, teamwork, and decision-making. Lastly, the organization exposes these youth to a variety of activities, enabling them to explore their interests and passions. In doing so, The Jo-Nathan Foundation seeks to contribute positively to the growth and development of the next generation.
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Impact
August, 2024
The Jo-Nathan Foundation Inc has a significant impact on the lives of youth by providing educational opportunities, unique experiences, and exposure to various activities. By sending kids to camps that enhance their communication, teamwork, and decision-making skills, the foundation allows them to choose the camp that best suits their interests. Through this approach, The Jo-Nathan Foundation is investing in the future of our youth and contributing to their overall development and growth.
This information is meant to be a general summary of The Jo-Nathan Foundation Inc. 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.
- Gross Receipts: $50,940
Assets and Liabilities:
- Total Assets: $77,280
- Total Liabilities: $0
- Net Assets: $77,280
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Organization Details
Founding Year
2012
Phone
(803) 351-2294Principal Officer
Reggie Simpkins
Main Address
PO BOX 85711, LEXINGTON, SC, 29073
NTEE Category
Code: O11 - Youth development
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