Overview
What is False Profit Inc?
False Profit Inc, a nonprofit organization situated in San Francisco, CA, is dedicated to funding various causes. Despite the halt in festival operations in 2020 due to the COVID-19 pandemic, False Profit continued its charitable grant program, contributing a significant sum of $26,237 to various organizations. The organization's expenses, totaling $75,484, encompassed categories such as meals/food, insurance, travel, equipment rental, software subscriptions, fuel, promotion, supplies, bank charges, dues & subscriptions, taxes & licenses, and permits. False Profit Inc, with its ongoing commitment to charitable giving, aims to make a positive impact in its community and beyond.
Official website here: www.pricelessfestival.org
What do the Facebook reviews say about False Profit Inc?
100% of the five reviewers on Facebook recommend False Profit Inc. Here is a summary of their reviews:
Reviewers express a great appreciation for the festival organized by the nonprofit, describing it as a "very beautiful festival." The positive sentiment indicates that attendees find the event enjoyable and rewarding, showcasing the nonprofit's ability to create memorable experiences.
Overall, it seems that False Profit Inc is successfully delivering on its promises, leaving participants with a positive impression and reinforcing community engagement through well-received events.
This AI summary has been generated from reviews found on Facebook.
Is False Profit Inc legitimate?
False Profit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. False Profit Inc submitted a form 990EZ, 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.
Official website here: www.pricelessfestival.org
What is the mission statement of False Profit Inc?
False Profit Inc, despite focusing on various expenses, also has a charitable side. Despite the suspension of its festival operations in 2020 due to the COVID-19 pandemic, False Profit continued to contribute to various organizations, amounting to $26,237. While the specific mission statement of False Profit Inc is not provided, it is clear that the company engages in charitable giving alongside its other activities. The company's location is not specified in the given information.
Official website here: www.pricelessfestival.org
Who is the CEO of False Profit Inc?
Carrie Brown is the President of False Profit Inc.
Official website here: www.pricelessfestival.org
What is the revenue of False Profit Inc?
False Profit Inc's revenue in 2022 was $148,693.
Official website here: www.pricelessfestival.org
Who are the executives of False Profit Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pricelessfestival.org
Where can I find the form 990EZ for False Profit Inc?
False Profit Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.pricelessfestival.org
Learn more at the official website: www.pricelessfestival.org
Mission Statement of False Profit Inc
False Profit Inc, despite not having an explicitly stated mission described in the provided information, demonstrates its commitment through various expenses and charitable contributions. Despite suspending its festival operations due to the COVID-19 pandemic in 2020, False Profit continued its charitable grant program, contributing $26,237 to various organizations. This suggests that False Profit Inc values giving back to its community and supporting various causes, even during challenging times.
In addition to its charitable contributions, False Profit Inc also incurred various expenses such as meals/food, insurance, travel, equipment rental, software subscriptions, fuel, promotion, supplies, bank charges, dues & subscriptions, taxes & licenses, and permits. While these expenses may be necessary for the organization's operations, the fact that they are included in the information provided suggests that False Profit Inc is actively engaged in its activities and is committed to allocating resources towards its mission, whatever that may be.
In conclusion, while the specific mission of False Profit Inc is not explicitly stated in the provided information, the organization's charitable contributions and various expenses suggest a commitment to giving back to the community and being actively engaged in its activities.
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Impact
October, 2024
False Profit Inc has made a significant impact in the San Francisco arts community, particularly during the challenging circumstances presented by the COVID-19 pandemic. Despite halting its festival operations in 2020, the organization demonstrated resilience by maintaining its commitment to philanthropy through a robust charitable grant program. Their contributions amounting to $26,237 have supported various organizations, highlighting their dedication to fostering artistic expression and community support.
The total expenditure of $75,484 reflects a comprehensive approach to operational sustainability, including essential costs such as meals, insurance, travel, and promotion. This investment not only ensures the continuity of their programs but also underlines their commitment to the local economy and the arts. By prioritizing funding for grants even amidst operational challenges, False Profit Inc plays a crucial role in helping local artists and organizations thrive, reinforcing the importance of arts within the community.
This information is meant to be a general summary of False Profit 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.
- Program Service Revenue: $142,320
- Gross Receipts: $148,693
Assets and Liabilities:
- Total Assets: $76,193
- Total Liabilities: $395
- Net Assets: $75,798
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Organization Details
Principal Officer
Carrie Brown
Main Address
584 Castro Street 2293, San Francisco, CA, 941142512
Website
www.pricelessfestival.orgNTEE Category
Code: A20 - Arts
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