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Time For Change Foundation

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

EIN: 522405277 ✦ San bernardino, CA ✦ Designated as a 501(c)(3)

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Overview

What is Time For Change Foundation?

Time for Change Foundation (TFCF) is a nonprofit organization situated in San Bernardino, California. Over the past year, they have positively impacted 674 lives through their diverse programs. In the realm of housing, they provided emergency shelter for 65 adults and 31 children, helped 26 families transition to permanent housing, and offered rental assistance to 170 families. Additionally, they facilitated permanent-supportive housing for 11 families. The organization also offers family and supportive services, providing 463 therapy sessions, aiding 32 mothers and 17 children through the PFFR program, and reuniting 5 children from foster care. Moreover, they offer drug and alcohol counseling to 65 adults and conduct drug tests. Economically, TFCF supports 45 entrepreneurs through their BBOP Build program, invests $180,000 in startups, and offers scholarships for community college, vocational, and entrepreneurship. Ultimately, their mission is to empower disenfranchised low-income individuals and families by building leadership and fostering self-sufficiency and thriving communities through evidence-based programs and housing.


Official website here: www.timeforchangefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator has awarded the Time For Change Foundation a Four-Star out of Four Star rating, indicating a strong overall performance with a score of 100%. This high rating primarily stems from their outstanding accountability and financial management, as reflected in perfect scores across several accountability metrics. The foundation demonstrates robust operational practices, including a fully independent board and a solid financial oversight structure, which instills confidence in their capacity to manage resources effectively.

The foundation excels in its impact and measurement score, achieving a perfect rating as well. This signifies that they not only track their impact meticulously but also actively collect and utilize feedback to improve their programs. The implementation of equity practices further highlights their commitment to inclusivity in their operations. However, there is currently no data available regarding their leadership and adaptability, which means potential supporters may want to seek additional insights into these aspects.

There are no user reviews from GreatNonprofits available at this time, limiting insights into public sentiment regarding the foundation. Overall, the Time For Change Foundation presents itself as a well-managed organization focused on effective outcomes, with strong governance practices in place.


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

Is Time For Change Foundation legitimate?

Time For Change Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Time For Change 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: $317,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $821,313

For more financial information, click here


Official website here: www.timeforchangefoundation.org

What is the mission statement of Time For Change Foundation?

The Time For Change Foundation's mission is centered around empowering disadvantaged low-income individuals and families. Through evidence-based programs and housing, their goal is to foster leadership and encourage self-sufficiency, ultimately leading to thriving communities. In the past year, they have made significant strides, providing emergency shelter to 65 adults and 31 children, transitioning 26 families to permanent housing, and offering rental assistance to 170 families, among other services. The foundation also offers family and supportive services, such as therapy sessions, reuniting children from foster care, and drug and alcohol counseling. Furthermore, they have aided in economic mobility by offering entrepreneurship scholarships and investing in startups.


Official website here: www.timeforchangefoundation.org

Who is the CEO of Time For Change Foundation?

Kimberly Carter is the Founder/Ambassador of Time For Change Foundation.


Official website here: www.timeforchangefoundation.org

What is the revenue of Time For Change Foundation?

Time For Change Foundation's revenue in 2023 was $8,955,130.


Official website here: www.timeforchangefoundation.org

Who are the executives of Time For Change Foundation and what are their salaries?

The average compensation at Time For Change Foundation during 2023 was $45,572. There are 25 employees and 30 volunteers at Time For Change Foundation.


Here are 7 key members and their salaries:


Kimberly Carter (Founder/Ambassador)
  • Compensation: $191,200
  • Related: $0
  • Other: $8,717
Nicole Henley Phd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Robledo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Laura Manyweather Edd Mba (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vandrick Towns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keisha Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Perez (Executive Director)
  • Compensation: $126,786
  • Related: $0
  • Other: $0


Official website here: www.timeforchangefoundation.org

Where can I find the form 990 for Time For Change Foundation?

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


Official website here: www.timeforchangefoundation.org

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

Mission Statement of Time For Change Foundation

Time for Change Foundation (TFCF) is dedicated to empowering disenfranchised low-income individuals and families. Their mission is to foster self-sufficiency and thriving communities by providing evidence-based programs and housing. TFCF aims to build leadership among its clientele, working towards their overall improvement and well-being.

In practice, TFCF offers a variety of services to achieve this mission. Through their housing programs, they have assisted 65 adults and 31 children with emergency shelter, helped 26 families transition to permanent housing, and provided rental assistance to 170 families. Additionally, they offer permanent-supportive housing to 11 families. Besides housing, TFCF provides family and supportive services, such as therapy sessions, reuniting children from foster care, drug and alcohol counseling, and conducting drug tests. They also cater to formerly incarcerated individuals, helping 200 of them gain employment within the first three months of their assistance.

In terms of economic mobility, TFCF supports 45 entrepreneurs through their BBOP Build program, invests $180,000 in startups, and offers scholarships for community college, vocational, and entrepreneurship programs. With a holistic approach to support, Time for Change Foundation aims to transform the lives of low-income individuals and families, ultimately creating thriving communities.

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Impact




July, 2024

Time for Change Foundation has transformed 674 lives in the past year through their various programs. They have provided emergency shelter to 65 adults and 31 children, helped 26 families transition to permanent housing, and supported 170 families with rental assistance. Additionally, they have provided family and supportive services through 463 therapy sessions, supported mothers and children through the PFFR program, reunited 5 children from foster care, offered drug and alcohol counseling to 65 adults, and conducted 317 drug tests. They have also assisted 200 formerly incarcerated individuals, with 49% gaining employment within the first 3 months. In terms of economic mobility, 45 entrepreneurs completed the BBOP Build program, there was a $180,000 capital investment in startups, and they provided scholarships for community college, vocational, and entrepreneurship programs. Time for Change Foundation's impact is evident in their dedication to empowering low-income individuals and families in creating self-sufficiency and thriving communities.




This information is meant to be a general summary of Time For Change 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
$8,955,130 (2023)
Expenses
$3,940,298 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $63,413
  • Program Service Revenue: $37,057
  • Gross Receipts: $9,031,222

Assets and Liabilities:

  • Total Assets: $17,957,221
  • Total Liabilities: $168,612
  • Net Assets: $17,788,609

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Programs

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

Permanent Housing

Revenue

$37,057

Organization Details

Founding Year

2004

Principal Officer

Kimberly Carter

Main Address

2164 N Mountain View Avenue, San Bernardino, CA, 92405

NTEE Category

Code: Z99 - Unknown

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