Overview
What is Edward Boss Prado Foundation?
The Edward Boss Prado Foundation is a locally established, non-profit, non-governmental organization. Its primary purpose is to generate funds for the betterment and support of the community, with these resources intended for benevolent or philanthropic causes. The foundation operates with a commitment to sustain these funds for future use. Community contributions and sponsorships play a crucial role in its operations, furthering its mission to make a lasting impact on the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star Rating
The Edward Boss Prado Foundation has received a 50% score from Charity Navigator, which translates to a One-Star rating. This rating is based solely on the Accountability & Finance category, where the organization scored a low 50%. The foundation lacks independent board members, reflecting a significant area of concern in governance practices that could affect transparency and accountability.
While the foundation shows a commendable program expense ratio of 100%, indicating that all expenses are directed towards its programs, several critical governance policies are missing. These include a whistleblower policy, conflict of interest policy, and proper documentation of board meeting minutes, which are essential for ensuring ethical operational standards.
Despite not having any material diversion of assets, the absence of basic accountability practices and the lack of independent oversight raise questions about the organization’s overall governance. Prospective donors and stakeholders may want to consider these factors when evaluating their support for the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Edward Boss Prado Foundation legitimate?
Edward Boss Prado Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edward Boss Prado 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 Edward Boss Prado Foundation?
The Edward Boss Prado Foundation is a local, non-profit organization committed to serving its community by distributing funds for benevolent and philanthropic purposes, with the aim of perpetuity. This foundation is dedicated to supporting various community projects and initiatives that require financial assistance. The organization relies on community sponsorships and donations to fulfill its mission.
Who is the CEO of Edward Boss Prado Foundation?
Cecelia Ponzini is the Ceo of Edward Boss Prado Foundation. The CEO's salary of Edward Boss Prado Foundation is $0 and their total compensation is $0.
What is the revenue of Edward Boss Prado Foundation?
Edward Boss Prado Foundation's revenue in 2022 was $203,448.
Who are the executives of Edward Boss Prado Foundation and what are their salaries?
Here are 3 key members and their salaries (Edward Boss Prado Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Edward Boss Prado Foundation?
Edward Boss Prado Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edward Boss Prado Foundation
The Edward Boss Prado Foundation, as a local, non-profit organization, is committed to serving its community by allocating funds for benevolent and philanthropic purposes, ensuring their availability for future generations. This mission is executed through sponsorships and donations, demonstrating the Foundation's dedication to supporting its community in a sustainable and lasting manner. By providing funds for charitable purposes, the Edward Boss Prado Foundation plays a significant role in bettering the lives of those in need, fostering a sense of community and social responsibility.
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Impact
October, 2024
The Edward Boss Prado Foundation significantly impacts the Morgan Hill community by providing essential funds for benevolent and philanthropic endeavors. By focusing on sustainability, the foundation ensures that its support continues in perpetuity, directly benefiting various local initiatives and programs. Through community sponsorships and donations, it fosters a spirit of generosity and collaboration, empowering residents and organizations to address pressing needs and enhance the quality of life in the area. The foundation’s dedicated efforts contribute to a thriving, resilient community, as it champions causes that elevate social welfare and support those in need.
This information is meant to be a general summary of Edward Boss Prado 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: $350
- Gross Receipts: $203,448
Assets and Liabilities:
- Total Assets: $222,377
- Total Liabilities: $0
- Net Assets: $222,377
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Organization Details
Founding Year
2016
Principal Officer
Cecelia Ponzini
Main Address
35 PEEBLES AVE, MORGAN HILL, CA, 95037
NTEE Category
Code: T50 - Philanthropy
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