Overview
What is Turbo Charitable Foundation?
The Turbo Charitable Foundation is a nonprofit organization committed to assisting financially challenged children during their academic journey. Their mission extends beyond mere aid, aiming to foster the new generation and contribute to society by nurturing leadership skills. Through their programs, they offer relief to struggling families within their community and grant scholarships to 21 deserving students. This foundation serves as a beacon of support, empowering children to excel academically while fostering the development of future leaders.
Is Turbo Charitable Foundation legitimate?
Turbo Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turbo Charitable 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.
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What is the mission statement of Turbo Charitable Foundation?
The Turbo Charitable Foundation's mission is centered around providing financial aid to children facing economic hardships during their academic journey. This support aims to foster the growth of a new generation. Additionally, the foundation strives to contribute to society and nurture leadership development. Their initiatives include offering relief to economically disadvantaged families in the community and granting scholarships to 21 students.
Who is the CEO of Turbo Charitable Foundation?
Young S Kim is the Director of Turbo Charitable Foundation.
What is the revenue of Turbo Charitable Foundation?
Turbo Charitable Foundation's revenue in 2022 was $275,922.
Who are the executives of Turbo Charitable Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Turbo Charitable Foundation?
Turbo Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Turbo Charitable Foundation
Turbo Charitable Foundation, with a mission deeply rooted in compassion and societal upliftment, aims to offer financial aid to children confronting economic hardships during their academic journey. Recognizing the importance of nurturing the next generation, the foundation also strives to contribute to the development of leadership and society at large. To accomplish this, Turbo Charitable Foundation implements various programs, such as providing assistance to families in need within the community and granting scholarships to 21 deserving students. By offering this support, the foundation plays an instrumental role in empowering the youth of today, ensuring they have the resources needed to excel academically and become future leaders.
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Impact
October, 2024
The Turbo Charitable Foundation significantly impacts the lives of children facing economic challenges in their academic journeys. By providing essential financial aid, it alleviates barriers to education for those in need. Through its scholarship program, the foundation supports 21 students, enabling them to pursue their educational goals without the burden of financial stress.
In addition to scholarships, the foundation engages in community relief efforts, which offer immediate support to needy families. This dual approach not only assists individuals directly but also fosters a spirit of community involvement and leadership development among the new generation. By focusing on education and leadership, the foundation plays a crucial role in shaping future leaders who are equipped to contribute positively to society. Overall, the Turbo Charitable Foundation fosters educational equity, empowers youth, and encourages social responsibility.
This information is meant to be a general summary of Turbo Charitable 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.
- Investment Income: -$12,803
- Gross Receipts: $594,092
Assets and Liabilities:
- Total Assets: $1,520,283
- Total Liabilities: $0
- Net Assets: $1,520,283
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Organization Details
Founding Year
2011
Phone
(310) 541-7652Principal Officer
Young S Kim
Main Address
12 UPPER BLACKWATER CANYON RD, ROLLING HILLS, CA, 90274
NTEE Category
Code: B82 - Education
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