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Professionals Reaching Out To The Community Foundation Inc

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

EIN: 541837286 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Professionals Reaching Out To The Community Foundation Inc?

Professionals Reaching Out to the Community Foundation Inc is a nonprofit organization committed to supporting college-bound students. They fulfill this mission by offering various programs, including the PROC Senior Citizen Project. This project provides financial assistance with expenses totaling $2,400. Beyond scholarships, the foundation also prioritizes education, demonstrating a comprehensive approach to empowering young individuals.

Is Professionals Reaching Out To The Community Foundation Inc legitimate?

Professionals Reaching Out To The Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Professionals Reaching Out To The Community 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 Professionals Reaching Out To The Community Foundation Inc?

The Professionals Reaching Out to the Community Foundation has a mission to offer scholarships to college-bound students. This mission is carried out through various programs, including the PROC Senior Citizen Project, which covers expenses amounting to $2,400. Beyond scholarships, the foundation also emphasizes the importance of education. In summary, the Professionals Reaching Out to the Community Foundation is committed to supporting the educational pursuits of students by providing financial aid and fostering learning opportunities.

Who is the CEO of Professionals Reaching Out To The Community Foundation Inc?

Marla Khalfani is the Treasurer of Professionals Reaching Out To The Community Foundation Inc.

What is the revenue of Professionals Reaching Out To The Community Foundation Inc?

Professionals Reaching Out To The Community Foundation Inc's revenue in 2022 was $68,943.

Who are the executives of Professionals Reaching Out To The Community Foundation Inc and what are their salaries?


Here are 20 key members and their salaries:


Charmayne Vincent (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda F Wade (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roslyn Rikard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valencia Hicks (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Khalfani (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hope M Vaughan (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya F Allsbrooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Artis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie L Cadet Phd Msw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nichele Carver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenice Daniel Chambers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda J Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Linda H Gilliam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith D Mason-Bettis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene R Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Roberta L Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deirdre Whittle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Deborah Winbush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Professionals Reaching Out To The Community Foundation Inc?

Professionals Reaching Out To The Community Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Professionals Reaching Out To The Community Foundation Inc

Professionals Reaching Out To The Community Foundation is dedicated to furthering the education of college-bound students. This nonprofit organization fulfills its mission by offering scholarships and funding various programs. One such initiative is the PROC Senior Citizen Project, which covers expenses totaling $2,400. Beyond scholarships, the foundation also focuses on providing educational opportunities, demonstrating its commitment to nurturing the intellectual growth of young individuals.

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Impact




August, 2024

Professionals Reaching Out To The Community Foundation Inc has a significant impact on the community by providing scholarships to college-bound students. Through programs like the PROC Senior Citizen Project, which covers expenses up to $2,400, the foundation supports individuals in pursuing higher education. Additionally, their focus on scholarships and education helps empower students to achieve their academic and professional goals. This impact not only benefits the individual recipients but also contributes to the overall development and prosperity of the community in Richmond, VA.




This information is meant to be a general summary of Professionals Reaching Out To The Community 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
$68,943 (2022)
Expenses
$59,728 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $59,472
  • Gross Receipts: $68,943

Assets and Liabilities:

  • Total Assets: $57,100
  • Total Liabilities: $7,083
  • Net Assets: $50,017

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Organization Details

Principal Officer

Marla Khalfani

Main Address

PO Box 6322, Richmond, VA, 232300322

NTEE Category

Code: B82 - Education

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