Overview
What is Padre Felix Varela Foundation Inc?
Padre Felix Varela Foundation Inc is a nonprofit organization located in Miami, Florida. Established with a mission to honor the life and teachings of Padre Felix Varela, the organization promotes moral and social values aligned with Varela's democratic ideals of service and freedom as paths to personal, social, and global peace. To fulfill its mission, Padre Felix Varela Foundation Inc conducts educational and cultural programs and activities, aiming to educate its members and the general public. Additionally, the foundation supports other nonprofit organizations based on its extensive experience. The organization seeks to expand its reach by increasing its membership.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Padre Felix Varela Foundation Inc has received a low rating of 53%, resulting in a One-Star designation. This rating is primarily based on its Accountability & Finance score, indicating potential concerns regarding governance and transparency. The foundation's fiscal year 2023 data suggests that numerous policies and practices critical for accountability are missing, which significantly impacts its overall evaluation.
Strengths noted in the assessment include a favorable liabilities to assets ratio of 0.00% and a full program expense ratio of 100.00%, highlighting that all funds are directed towards its programs. However, these positives are overshadowed by serious shortcomings, as the foundation has no independent board members, lacks essential policies such as conflict of interest and whistleblower protections, and fails to provide its website on its tax form.
Overall, while the foundation demonstrates a commitment to program spending, the lack of governance practices and transparency raises red flags that could affect donor confidence and organizational effectiveness. Addressing these areas could improve its standing and better serve its mission in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Padre Felix Varela Foundation Inc legitimate?
Padre Felix Varela Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Padre Felix Varela Foundation Inc 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
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What is the mission statement of Padre Felix Varela Foundation Inc?
The Padre Felix Varela Foundation Inc's mission is centered around celebrating the prominent personality and life of an unnamed individual, promoting their moral and social teachings. The foundation aims to foster education and cultural programs and activities, aligning with the democratic ideals of service and freedom as avenues for personal, social, and global peace. By educating its members and the general public, the foundation seeks to further these objectives, ultimately contributing to broader societal advancement.
Who is the CEO of Padre Felix Varela Foundation Inc?
Francisco J Muller is the Treasurer of Padre Felix Varela Foundation Inc.
What is the revenue of Padre Felix Varela Foundation Inc?
Padre Felix Varela Foundation Inc's revenue in 2022 was $2,360.
Who are the executives of Padre Felix Varela Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Padre Felix Varela Foundation Inc?
Padre Felix Varela Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Padre Felix Varela Foundation Inc
The Padre Felix Varela Foundation Inc is dedicated to honoring the prominent personality and life of Padre Felix Varela. Its mission involves disseminating and promoting the moral and social teachings of Padre Felix Varela. The foundation sets forth education and cultural programs and activities, aligning with Padre Felix Varela's democratic ideals of service and freedom as pathways for personal, social, and world peace. To achieve these objectives, the foundation leverages the education and general knowledge of its members and the broader public. By doing so, the Padre Felix Varela Foundation Inc aims to advance these goals in various ways, ultimately contributing to a better society.
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Impact
August, 2024
Padre Felix Varela Foundation Inc's impact is reflected in its dedication to proclaiming the prominent personality and life of Padre Felix Varela, disseminating and promoting his moral and social teachings, and advancing education and cultural programs in alignment with his democratic ideals of service and freedom for personal, social, and world peace. The foundation strives to educate its members and the general public on these values, contributing to the preservation and dissemination of Padre Felix Varela's legacy and principles.
This information is meant to be a general summary of Padre Felix Varela 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45
- Gross Receipts: $2,360
Assets and Liabilities:
- Total Assets: $34,929
- Total Liabilities: $0
- Net Assets: $34,929
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Organization Details
Founding Year
1989
Phone
(786) 423-2366Principal Officer
Francisco J Muller
Main Address
8260 SW 91 ST, MIAMI, FL, 33156
NTEE Category
Code: X99 - Religion related
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