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Blessed Foundation

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

EIN: 475669174 ✦ Palmdale, CA ✦ Designated as a 501(c)(3)

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Overview

What is Blessed Foundation?

The Blessed Foundation is a nonprofit organization with a religious focus. Its primary mission is to foster unity among individuals by organizing various programs. These programs are designed to promote religious gatherings and connections, serving as a platform for individuals to come together. The foundation's activities are centered around this mission, aiming to strengthen the bond between people through shared religious beliefs.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (53%)

The Blessed Foundation received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns related to accountability and financial practices. The overall score of 53% is solely based on the Accountability & Finance category, highlighting areas where the organization falls short, especially in governance and transparency.

Notably, the foundation lacks independent board members, which raises questions about its governance structure. Several key policies, such as conflict of interest and whistleblower policies, are missing, which could affect the organization's integrity and ethical standards. Additionally, the foundation's website does not feature essential documents like its tax form, further impacting its transparency.

Despite these concerns, the Blessed Foundation shows positive financial management, with a program expense ratio of 93.33%, indicating that a significant portion of its expenses goes directly towards its programs. However, the absence of independent oversight and key policy documentation remains a critical limitation for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Blessed Foundation legitimate?

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

For more financial information, click here

What is the mission statement of Blessed Foundation?

The Blessed Foundation's mission is centered around uniting individuals on a religious basis. Through its programs, the foundation fosters a sense of community and shared purpose, aiming to bring people together for religious activities. The organization's mission is to promote religious engagement and foster a sense of unity among its members. The Blessed Foundation provides a platform for individuals to come together, share their beliefs, and participate in religious activities. Its programs are designed to strengthen the religious bond among its members and foster a sense of community.

Who is the CEO of Blessed Foundation?

Julie Larry is the Julie Larry of Blessed Foundation.

What is the revenue of Blessed Foundation?

Blessed Foundation's revenue in 2022 was $30,755.

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


There is 1 key member and their salary:


Julie Larry (Julie Larry)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Blessed Foundation?

Blessed Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Blessed Foundation

The Blessed Foundation, as its name suggests, is committed to fostering unity among individuals on a religious basis. This nonprofit organization achieves this mission through various programs designed to bring people together for spiritual purposes. By focusing on religious unity, the Blessed Foundation aims to create a sense of community and shared beliefs among its participants.

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Impact




August, 2024

Blessed Foundation's impact lies in its ability to bring people together on a religious basis through its programs aimed at uniting individuals for religious purposes. Their efforts in Palmdale, CA, have resulted in fostering community connections and strengthening relationships among those who share similar religious beliefs. Through their activities and initiatives, Blessed Foundation has created a space for individuals to come together, find common ground, and support one another in their spiritual journeys.




This information is meant to be a general summary of Blessed 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
$30,755 (2022)
202020212022$0$8,000$16,000$24,000$32,000
Expenses
$13,619 (2022)
202020212022$0$3,500$7,000$10,500$14,000
Efficiency
2020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $30,755

Assets and Liabilities:

  • Total Assets: $20,009
  • Total Liabilities: $0
  • Net Assets: $20,009

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Organization Details

Founding Year

2016

Principal Officer

Julie Larry

Main Address

39808 25TH STREET WEST, PALMDALE, CA, 93551

NTEE Category

Code: X20 - Religion related

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