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Passing-It-On Foundation Inc

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

EIN: 472598246 ✦ Prospect, KY ✦ Designated as a 501(c)(3)

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Overview

What is Passing-It-On Foundation Inc?

Passing-It-On Foundation Inc, located in Prospect, Kentucky, serves as a charitable organization or grant-giver with a focus on education. Their primary mission is to instill valuable character and life skills in young individuals. As a foundation, they aim to contribute positively to the development of youth, fostering growth and personal improvement through their educational programs.

Is Passing-It-On Foundation Inc legitimate?

Passing-It-On Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passing-It-On Foundation 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.

What is the mission statement of Passing-It-On Foundation Inc?

The Passing-It-On Foundation, as a grantmaking organization, is dedicated to its mission of serving as an Educational Foundation. Its primary objective is to instill essential character and life skills in youth. This mission is aimed at equipping the young generation with the necessary tools to navigate through life effectively. The foundation does not provide specific details about the methods or strategies it uses to achieve this mission, but its focus on character and life skills education is clear.

Who is the CEO of Passing-It-On Foundation Inc?

Tina Lolla is the President of Passing-It-On Foundation Inc.

What is the revenue of Passing-It-On Foundation Inc?

Passing-It-On Foundation Inc's revenue in 2021 was $1,705.

Who are the executives of Passing-It-On Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Tina Lolla (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Lolla (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Passing-It-On Foundation Inc?

Passing-It-On Foundation Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Passing-It-On Foundation Inc

Passing-It-On Foundation is an educational foundation dedicated to imparting valuable character and life skills to young individuals. This organization, with a mission to shape the future, focuses on nurturing the youth, equipping them with essential life lessons that go beyond the classroom. By providing a conducive learning environment, Passing-It-On Foundation aims to foster personal growth and development in its students, enabling them to navigate through life with confidence and resilience.

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Impact




August, 2024

Passing-It-On Foundation Inc has a significant impact on the community by providing educational programs that teach character and life skills to youth in Prospect, KY. Through its efforts, the foundation equips young individuals with the necessary tools and knowledge to succeed in various areas of their lives. By instilling values of integrity, resilience, and perseverance, Passing-It-On Foundation Inc contributes to the personal growth and development of the next generation, creating a positive ripple effect in the community.




This information is meant to be a general summary of Passing-It-On 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.

Revenue
$1,705 (2021)
Expenses
$444 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $1,705

Assets and Liabilities:

  • Total Assets: $1,710
  • Total Liabilities: $3,635
  • Net Assets: -$1,925

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Organization Details

Principal Officer

Tina Lolla

Main Address

9504 DELPHINIUM STREET, PROSPECT, KY, 40059

NTEE Category

Code: T70 - Philanthropy

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