Overview
What is The Kevin Garcia Foundation Inc?
The Kevin Garcia Foundation Inc, situated in Miami, Florida, is a charitable organization that focuses on two primary initiatives. Firstly, they establish a college scholarship fund aimed at supporting student athletes. Secondly, they organize an annual toy drive to bring joy to children undergoing treatment at local hospitals during the holiday season. By providing educational opportunities and holiday gifts, the foundation demonstrates its dedication to uplifting the lives of young individuals in their community.
Official website here: www.kevingarciafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Kevin Garcia Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 76%. This score is derived entirely from the Accountability & Finance beacon, which suggests that the organization maintains a level of transparency regarding its financial practices and governance.
Strengths include a fully independent board, which scored 10 out of 10 points, along with solid metrics in areas like the material diversion of assets and the Liabilities to Assets ratio, both scoring the maximum points. The foundation has a good structure in place, as indicated by its program expense ratio, which reflects effective allocation of resources towards its core mission.
However, the organization does have notable weaknesses, particularly concerning its governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction procedures all received a score of zero points, suggesting that there are critical areas for improvement in its operational transparency. Addressing these issues could enhance the foundation's credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Kevin Garcia Foundation Inc legitimate?
The Kevin Garcia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Kevin Garcia 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.
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.kevingarciafoundation.org
What is the mission statement of The Kevin Garcia Foundation Inc?
The Kevin Garcia Foundation Inc's mission is centered around establishing a college scholarship fund for student athletes and organizing an annual toy drive. The scholarship aims to provide financial assistance to deserving student athletes, while the toy drive aims to bring holiday cheer to patients at local children's hospitals by providing them with gifts. The foundation's activities demonstrate a commitment to supporting the education and well-being of young individuals, as well as bringing joy to those in need during the holiday season.
Official website here: www.kevingarciafoundation.org
What is the revenue of The Kevin Garcia Foundation Inc?
The Kevin Garcia Foundation Inc's revenue in 2023 was $7,426.
Official website here: www.kevingarciafoundation.org
Who are the executives of The Kevin Garcia Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kevingarciafoundation.org
Where can I find the form 990 for The Kevin Garcia Foundation Inc?
The Kevin Garcia Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kevingarciafoundation.org
Learn more at the official website: www.kevingarciafoundation.org
Mission Statement of The Kevin Garcia Foundation Inc
The Kevin Garcia Foundation Inc is committed to two significant initiatives. Firstly, it aims to establish a college scholarship fund, specifically designed to support student-athletes. This financial aid serves as a stepping stone for these athletes as they transition from their athletic careers into higher education.
Secondly, this nonprofit organization spearheads an annual toy drive. This initiative is geared towards providing holiday gifts to patients at local children's hospitals. The toy drive adds a touch of joy and cheer to the holiday season for these young patients, helping to uplift their spirits during what can often be a challenging time. The Kevin Garcia Foundation Inc's mission, therefore, is to positively impact the lives of student-athletes and hospitalized children through its scholarship fund and holiday toy drive.
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Impact
August, 2024
The Kevin Garcia Foundation Inc's impact is twofold: first, it provides valuable college scholarships to student athletes, helping them pursue higher education and achieve their academic goals. Second, the foundation organizes an annual toy drive to bring holiday cheer and gifts to patients at local children's hospitals, spreading joy and comfort to young patients during a difficult time. Through these initiatives, The Kevin Garcia Foundation Inc positively impacts the lives of student athletes and children in Miami, FL, fostering educational opportunities and bringing smiles to those in need.
This information is meant to be a general summary of The Kevin Garcia 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 2023.
- Gross Receipts: $7,426
Assets and Liabilities:
- Total Assets: $17,947
- Total Liabilities: $0
- Net Assets: $17,947
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Organization Details
Founding Year
2009
Principal Officer
Maria Fiallo
NTEE Category
Code: B40 - Education
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