Overview
What is Providence Educational Foundation?
The Providence Educational Foundation is a nonprofit organization situated in New Orleans, Louisiana, specifically at 3939 Gentilly Blvd. Its primary mission is to deliver 24/7 Christian broadcasting within the New Orleans metropolitan area and provide internet broadcasting of religious music and ministry. Additionally, the foundation serves its community by proclaiming Christ. One of its notable endeavors is providing housing for the New Orleans Baptist Theological Seminary's Mission Lab Program, which ministers to thousands of individuals in the New Orleans community, accommodating 115 students living on the seminary campus and hosting seminary guests.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Providence Educational Foundation has achieved a remarkable score of 94%, reflecting its strong commitment to accountability and financial health. This rating is based solely on its Accountability & Finance metrics, which shows the organization has robust practices in place to manage its resources effectively. The foundation's independent board is fully compliant, with all members meeting the criteria for independence and a solid size that contributes to effective governance.
Strengths highlighted in the data include a flawless score for its policies, such as Conflict of Interest and Whistleblower protections, indicating a high level of transparency and ethical standards. The organization also boasts an impressive program expense ratio of 98.36%, signifying that almost all of its funds are directed towards its educational objectives. Furthermore, the absence of any material diversion of assets reassures stakeholders about the integrity of the foundation's operations.
While the foundation demonstrates excellent accountability, continual monitoring of its financial practices will be essential to maintain this high standard. As with any nonprofit, ongoing transparency and the effectiveness of its educational programs will be crucial factors to watch in the future. Overall, Providence Educational Foundation stands out as a trustworthy organization dedicated to supporting education.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Educational Foundation legitimate?
Providence Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Educational 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.
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What is the mission statement of Providence Educational Foundation?
The Providence Educational Foundation's mission is centered around three main objectives. Firstly, it aims to broadcast Christian messages and music 24/7, both locally in the metropolis and online. Secondly, it serves the community by promoting Christianity and proclaiming its teachings. Lastly, the foundation offers housing facilities for the Mission Lab program of the New Orleans Baptist Theological Seminary, accommodating students and guests. Through this program, the foundation reaches out to over 4,800 individuals in the community, providing them with spiritual guidance and support.
What is the revenue of Providence Educational Foundation?
Providence Educational Foundation's revenue in 2024 was $1,626,668.
Who are the executives of Providence Educational Foundation and what are their salaries?
There 2500 volunteers at Providence Educational Foundation.
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Where can I find the form 990 for Providence Educational Foundation?
Providence Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Providence Educational Foundation
The Providence Educational Foundation is dedicated to serving its community by proclaiming Christianity and providing broadcasting services. Located in an unspecified metropolitan area, this nonprofit organization broadcasts Christian music and ministry 24/7, reaching listeners through both local and online platforms. In addition to its broadcasting efforts, the foundation also offers housing for the New Orleans Baptist Theological Seminary's Mission Lab Program, accommodating students and guests. This program, through its 4,800 individual ministers, positively impacts the New Orleans community. The Mission Lab Program, housed on the seminary campus, also provides living quarters for 115 students and welcomes seminary guests, further contributing to the foundation's mission of serving its community and spreading the message of Christianity.
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Impact
July, 2024
Providence Educational Foundation has a significant impact in the New Orleans metroplex by providing 24/7 broadcasting of Christian music and ministry throughout the year. They also focus on assisting people in the community through monthly ministry initiatives. Additionally, the foundation plays a role in supporting the New Orleans Baptist Theological Seminary's Mission Lab program by providing housing for students and guests. This program ministers to thousands of individuals in the community, making a positive impact on both the students and the local residents.
This information is meant to be a general summary of Providence Educational 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 2024.
- Investment Income: $334,056
- Program Service Revenue: $776,112
- Gross Receipts: $1,626,668
Assets and Liabilities:
- Total Assets: $8,390,471
- Total Liabilities: $658,951
- Net Assets: $7,731,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHRISTIAN BROADCASTING
Revenue
$776,112
Organization Details
Founding Year
1995
Principal Officer
Brett Allen
NTEE Category
Code: X80 - Religion related
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