Overview
What is Paredes Foundation Inc?
Paredes Foundation Inc, located at 514 WESTFIELD AVE STE 1, Elizabeth, NJ 07208, is a dedicated nonprofit organization. Its mission is to foster educational, social development, social welfare, and special needs awareness programs within local communities and globally, aiming to uplift people's lives. The organization supports and promotes initiatives aimed at addressing these issues, aiming to bring about positive change within their communities and beyond.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Paredes Foundation Inc has received a strong rating of 87%, indicating that it is performing well in terms of accountability and finance. The organization boasts a perfect score for its independent board members and board size, demonstrating a solid governance structure. Furthermore, the foundation has no material diversion of assets, ensuring that funds are used effectively for its mission.
In terms of financial management, the Paredes Foundation has a commendable program expense ratio of 75.28%, which signifies that a significant portion of its expenditures goes directly to its programs rather than administrative costs. The organization also adheres to best practices regarding conflict of interest and document retention policies, reflecting a commitment to transparency and responsibility.
While the foundation shows strengths in various areas, as with any nonprofit, continuous evaluation of its programs and impact would be beneficial to ensure sustained effectiveness. Overall, the Paredes Foundation Inc appears to maintain a strong operational framework and financial health, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Paredes Foundation Inc legitimate?
Paredes Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paredes 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 Paredes Foundation Inc?
The Paredes Foundation Inc's mission is centered around promoting and supporting educational, social development, social welfare, and special needs awareness programs. Their primary objective is to enhance the lives of people within their communities and globally by implementing these initiatives. The foundation aims to foster a more inclusive and supportive environment, addressing the needs of various populations. They believe in the transformative power of education and social welfare, striving to create a world where everyone has equal opportunities for growth and development.
Who is the CEO of Paredes Foundation Inc?
Odalis A Escano is the Vice President of Paredes Foundation Inc.
What is the revenue of Paredes Foundation Inc?
Paredes Foundation Inc's revenue in 2022 was $0.
Who are the executives of Paredes Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for Paredes Foundation Inc?
Paredes Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Paredes Foundation Inc
The Paredes Foundation Inc is dedicated to advancing educational, social development, social welfare, and special needs awareness programs within communities and globally. Their mission is to enhance the lives of people by promoting and supporting these initiatives. This nonprofit organization aims to foster a sense of improvement and growth within communities, with a particular focus on addressing special needs and raising awareness. By doing so, the Paredes Foundation Inc contributes to the betterment of society and enhances the quality of life for many individuals.
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Impact
October, 2024
Paredes Foundation Inc significantly impacts communities by promoting and supporting educational initiatives, social development, and social welfare programs. By focusing on special needs awareness, the foundation enhances understanding and resources for individuals and families affected by these challenges. Through its efforts, it strives to improve the quality of life for people both locally in Elizabeth, NJ, and globally. The foundation fosters empowerment, inclusivity, and awareness, effectively transforming lives and nurturing stronger, more supportive communities.
This information is meant to be a general summary of Paredes 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2016
Phone
(908) 469-8441Principal Officer
Odalis A Escano
Main Address
514 WESTFIELD AVE STE 1, Elizabeth, NJ, 07208
NTEE Category
Code: P20 - Human services
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