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Shred Foundation

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

EIN: 471612775 ✦ Troy, NY ✦ Designated as a 501(c)(3)

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Overview

What is Shred Foundation?

The Shred Foundation is a nonprofit organization committed to empowering underprivileged youth by introducing them to the winter sport of snowboarding. Through their programs, they successfully employ three young individuals in this field after teaching them the skills required. The primary objective of the Shred Foundation is to provide these youth with opportunities that they might otherwise not have, fostering their growth and development. By engaging in this sport, these individuals gain not only employment but also a new passion and hobby, broadening their horizons and enhancing their overall well-being.


Official website here: www.shredfoundation.org

Is Shred Foundation legitimate?

Shred Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shred 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: $43,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shredfoundation.org

What is the mission statement of Shred Foundation?

The Shred Foundation's mission is centered around empowering underprivileged youth. Their primary objective is to introduce these young individuals to the winter sport of snowboarding and facilitate their employment in this field. Through their programs, they successfully manage to secure three youth positions in the snowboarding industry after teaching them the sport. The foundation's initiatives serve to broaden the horizons of underprivileged youth, providing them with opportunities they might otherwise not have had.


Official website here: www.shredfoundation.org

Who is the CEO of Shred Foundation?

Danny Hairston is the Executive Director of Shred Foundation.


Official website here: www.shredfoundation.org

What is the revenue of Shred Foundation?

Shred Foundation's revenue in 2023 was $121,922.


Official website here: www.shredfoundation.org

Who are the executives of Shred Foundation and what are their salaries?

The average compensation at Shred Foundation during 2023 was $43,270. There is 1 employee at Shred Foundation.


There is 1 key member and their salary:


Danny Hairston (Executive Director)
  • Compensation: $80,385
  • Related: $0
  • Other: $0


Official website here: www.shredfoundation.org

Where can I find the form 990 for Shred Foundation?

Shred Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.shredfoundation.org

Learn more at the official website: www.shredfoundation.org

Mission Statement of Shred Foundation

The Shred Foundation is dedicated to offering programs for underprivileged youth. Its mission revolves around introducing these young individuals to the winter sport of snowboarding and ultimately helping three of them secure gainful employment within this field. Through its initiatives, the Shred Foundation aims to broaden the horizons of underprivileged youth by exposing them to winter sports, thereby providing them with new opportunities and experiences.

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Impact




October, 2024

Shred Foundation has made a significant impact by providing underprivileged youth with opportunities in winter sports, specifically snowboarding. Through its programs, the foundation has successfully taught several young individuals the sport, leading to their gainful employment in the snowboarding industry. This initiative not only equips youth with valuable skills but also opens doors to new experiences and possibilities, fostering personal growth and development. Operating out of Troy, NY, Shred Foundation plays a crucial role in integrating these young people into the world of winter sports, positively influencing their lives and broadening their horizons.




This information is meant to be a general summary of Shred 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
$121,922 (2023)
Expenses
$108,573 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Program Service Revenue: $28,361
  • Gross Receipts: $121,922

Assets and Liabilities:

  • Total Assets: $117,725
  • Total Liabilities: $90,000
  • Net Assets: $27,725

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$28,361

Organization Details

Founding Year

2014

Principal Officer

Danny Hairston

Main Address

701 RIVER ST STE 308, TROY, NY, 12180

NTEE Category

Code: O50 - Youth development

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