Overview
What is Inspire Mexico Foundation?
Inspire Mexico Foundation is a nonprofit organization situated in Newport Beach, California. Its primary objective is to offer educational opportunities to children, youth, and adults, enabling them to continue their schooling, pursue higher education, and eventually advance their careers. This focus is specifically directed towards Baja California Sur, Mexico. The foundation achieves its mission by providing financial support to non-governmental organizations (NGOs) through a grant program. By collaborating closely with these organizations, Inspire Mexico Foundation helps to establish programs that empower individuals in developing problem-solving, consulting, and leadership skills. These skills, when applied to social issues, enable the NGOs and their constituents to reach their full potential. Through its grant programs, more than 450 youths have attended Gente Joven Por Un Cambio A.C., an after-school program encouraging future generations to address challenges by creating social change projects.
Official website here: www.inspiremexico.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Inspire Mexico Foundation has achieved an overall score of 83%, primarily reflecting its strong accountability and finance practices. This rating is indicative of the organization’s commitment to transparency and financial health, with a notable program expense ratio of 97.77%, which suggests that the vast majority of its resources are directed towards its charitable mission.
The foundation boasts a fully independent board, with all members (10 out of 10 points) being independent, alongside a small board size of four members, which can facilitate effective governance and decision-making. Additionally, the organization has no recorded material diversion of assets, further reinforcing its financial integrity. Key policies regarding conflict of interest and document retention are in place, although it is noted that there is a missing whistleblower policy, which could be a potential area for improvement.
Overall, while Inspire Mexico Foundation demonstrates strong financial responsibility and a commitment to accountability, the absence of a whistleblower policy may highlight a gap in governance that could impact stakeholder trust. Nonetheless, their high program expense ratio is a positive signal of their operational focus on fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Inspire Mexico Foundation legitimate?
Inspire Mexico Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspire Mexico 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
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Official website here: www.inspiremexico.org
What is the mission statement of Inspire Mexico Foundation?
The Inspire Mexico Foundation's mission is centered around providing educational opportunities for children, youth, and adults. Their primary focus is on the region of Baja California Sur, Mexico. The foundation fulfills this mission by offering financial aid to non-governmental organizations (NGOs) through a grant program. They collaborate with these organizations to implement programs that nurture the development of problem-solving, consultation, and leadership skills in individuals. By equipping individuals with these skills, the foundation aims to empower them to realize their full potential and contribute positively to their communities.
Official website here: www.inspiremexico.org
Who is the CEO of Inspire Mexico Foundation?
John Christopher Pentz is the President/Chairman of Inspire Mexico Foundation.
Official website here: www.inspiremexico.org
What is the revenue of Inspire Mexico Foundation?
Inspire Mexico Foundation's revenue in 2022 was $43,721.
Official website here: www.inspiremexico.org
Who are the executives of Inspire Mexico Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.inspiremexico.org
Where can I find the form 990 for Inspire Mexico Foundation?
Inspire Mexico Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inspiremexico.org
Learn more at the official website: www.inspiremexico.org
Mission Statement of Inspire Mexico Foundation
Inspire Mexico Foundation is dedicated to offering educational opportunities to children, youth, and adults in Baja California Sur, Mexico. The organization fulfills this mission by providing financial support to non-governmental organizations (NGOs) through a grant program. By working closely and strategically with these NGOs, Inspire Mexico Foundation aims to empower individuals by helping them develop essential skills such as problem-solving, consultations, and leadership. These skills, when applied to social issues, enable both the NGOs and their constituents to reach their full potential. In essence, Inspire Mexico Foundation seeks to assist individuals in continuing their education, pursuing higher learning, and ultimately advancing their careers.
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Impact
August, 2024
Inspire Mexico Foundation's impact is evident in the lives of over 450 youths who have been able to attend the Gente Joven Por Un Cambio A.C. after-school program in Baja California Sur, Mexico. Through our grant programs, these young individuals have been inspired to create social change projects, nurturing their problem-solving skills and leadership capabilities. By providing educational opportunities and financial support to local NGOs, the foundation is making a tangible difference in empowering individuals to pursue higher education and career advancement, ultimately contributing to the development of future generations in the region.
This information is meant to be a general summary of Inspire Mexico 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.
- Investment Income: $4
- Gross Receipts: $43,721
Assets and Liabilities:
- Total Assets: $143,890
- Total Liabilities: $0
- Net Assets: $143,890
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Organization Details
Founding Year
2016
Phone
(949) 756-1022Principal Officer
John Christopher Pentz
Main Address
20320 SW Birch Street Ste 100, Newport Beach, CA, 92660
Website
www.inspiremexico.orgNTEE Category
Code: Q40 - International
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