Overview
What is Cardenas Markets Foundation?
Cardenas Markets Foundation is a nonprofit organization situated in Ontario, California, with a specific address provided. The primary mission of this organization is to organize an annual golf tournament, with the aim of collecting public donations. These funds are then utilized to expand access to higher education, strengthen support programs for health services, contribute to hunger relief efforts, and enhance children's well-being programs. The foundation's activities are primarily centered around this annual event, which serves as a means to raise funds and make a positive impact in various sectors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Cardenas Markets Foundation has received a Three-Star rating from Charity Navigator, with an overall score of 77%. This rating reflects a strong emphasis on accountability and finance, indicating that the organization maintains a good level of transparency and responsible handling of funds. The foundation's performance in this area is supported by its robust policies, including a conflict of interest policy and whistleblower protections.
One of the notable strengths of the Cardenas Markets Foundation is its governance structure, featuring a fully independent board, which is essential for maintaining integrity and objectivity. The organization also has a solid program expense ratio of 68.52%, suggesting that a significant portion of its funding is directed towards programs rather than administrative costs.
However, while the organization has demonstrated strong financial health with a low liabilities to assets ratio of 1.61%, the overall score is solely based on the accountability and finance beacon. This means that potential donors might want to consider other factors such as program impact and community engagement that may not be captured solely by financial metrics. Overall, the foundation shows a commitment to good governance and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Cardenas Markets Foundation legitimate?
Cardenas Markets Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardenas Markets 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 Cardenas Markets Foundation?
The Cardenas Markets Foundation's mission is centered around organizing an annual golf tournament to solicit public donations. The primary goal is to expand access to higher education and support various programs. These programs include initiatives that provide health services, contribute to hunger relief efforts, and enhance children's well-being. The foundation's activities also extend to supporting programs that cater to the health needs of the community.
Who is the CEO of Cardenas Markets Foundation?
Adam Salgado is the Board Member of Cardenas Markets Foundation.
What is the revenue of Cardenas Markets Foundation?
Cardenas Markets Foundation's revenue in 2022 was $565,095.
Who are the executives of Cardenas Markets Foundation and what are their salaries?
There 35 volunteers at Cardenas Markets Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Cardenas Markets Foundation?
Cardenas Markets Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cardenas Markets Foundation
Cardenas Markets Foundation, a notable nonprofit organization, is dedicated to preparing and executing an annual golf tournament with the primary objective of garnering public donations. The purpose of these donations is multifaceted, aiming to expand access to higher education, support programs that offer essential health services, contribute to hunger relief initiatives, and strengthen children's well-being programs. By successfully organizing this golf tournament, Cardenas Markets Foundation plays a significant role in addressing various societal needs, thereby improving the overall quality of life for numerous individuals.
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Impact
July, 2024
Cardenas Markets Foundation's impact centers around expanding access to higher education, supporting programs that provide health services, aiding hunger relief efforts, and promoting children's well-being. Through their annual golf tournament, they raise public donations that contribute to these important causes. Their efforts in Ontario, CA, align with their mission to make a meaningful difference in education, healthcare, food security, and children's welfare. Their focus on these areas underscores their commitment to building stronger communities and improving the lives of those in need.
This information is meant to be a general summary of Cardenas Markets 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $777,898
Assets and Liabilities:
- Total Assets: $752,103
- Total Liabilities: $0
- Net Assets: $752,103
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Organization Details
Founding Year
2005
Phone
(909) 923-7426Principal Officer
Adam Salgado
Main Address
2501 EAST GUASTI ROAD, ONTARIO, CA, 91761
NTEE Category
Code: B82 - Education
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