nonprofit logo

The B5 Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815259849 ✦ San diego, CA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The B5 Foundation?

The B5 Foundation, based in San Diego, California, is a nonprofit organization dedicated to empowering underserved populations, including the sick, elderly, disabled, and those in re-entry programs. Their mission encompasses providing cost-free culinary arts training, college access mentoring, and assistance during challenging times. To serve this purpose, they conduct educational webinars in English and Spanish, focusing on nutrition and diabetes prevention, management, and thriving with diabetes, which are crucial topics for their target population. These webinar resources are also available for those who couldn't attend the live sessions. The B5 Foundation's work aims to foster respect, dignity, independence, and self-sufficiency in these communities.


Official website here: www.b5foundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

The B5 Foundation has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in areas such as having a majority of independent board members and demonstrating no material diversion of assets. Their program expense ratio of 78.44% suggests a strong commitment to direct program services.

However, there are notable gaps in their governance policies, specifically the absence of a whistleblower policy and document retention and destruction policy, which received zero points. While the organization performs well in other areas, addressing these policy deficiencies could enhance its transparency and trustworthiness.

Overall, The B5 Foundation demonstrates good financial management and operational effectiveness, but improving governance practices would bolster its standing further. Their commitment to maintaining a fully independent board and sound financial practices is commendable, but implementing missing policies could lead to greater accountability.


This AI summary has been generated from information found on Charity Navigator.

Is The B5 Foundation legitimate?

The B5 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The B5 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


Official website here: www.b5foundation.org

What is the mission statement of The B5 Foundation?

The B5 Foundation's mission is centered around fostering respect, dignity, independence, and self-sufficiency for various underserved populations, including the sick, elderly, disabled, and re-entry populations. To achieve this, the foundation offers cost-free culinary arts training, college access mentoring, and sustaining assistance during challenging times. This is primarily aimed at California's home health care workers, veterans, and re-entry populations. The organization further conducts educational webinars on nutrition and diabetes prevention, management, and living with diabetes, providing these resources in both English and Spanish to better serve its audience.


Official website here: www.b5foundation.org

What is the revenue of The B5 Foundation?

The B5 Foundation's revenue in 2023 was $2,827.


Official website here: www.b5foundation.org

Who are the executives of The B5 Foundation and what are their salaries?

There is 1 key member and their salary:


Laverne Davis (President)
  • Compensation: $36,000
  • Related: $0
  • Other: $0


Official website here: www.b5foundation.org

Where can I find the form 990EZ for The B5 Foundation?

The B5 Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.b5foundation.org

Learn more at the official website: www.b5foundation.org

Mission Statement of The B5 Foundation

The B5 Foundation, in its mission, strives to establish a path towards respect, dignity, independence, and self-sufficiency, primarily focusing on vulnerable populations such as the sick, elderly, disabled, and individuals in the process of re-entry. This nonprofit organization takes a proactive approach in achieving its objectives, offering cost-free culinary arts training, college access mentoring, and assistance during challenging times.

The B5 Foundation's commitment to its mission is exemplified through its partnership with the Culinary Institute, which conducts webinars tailored to home health care workers, veterans, and other underserved populations. These educational sessions cover essential topics, including nutrition basics, diabetes prevention, diabetes management, and thriving with diabetes. By offering these webinars in both English and Spanish, the B5 Foundation ensures that its intended audience can benefit from these valuable resources, regardless of their preferred language. Furthermore, the foundation provides replays and additional resources for individuals who were unable to attend the live sessions. This holistic approach to education and support aims to empower vulnerable populations, helping them lead healthier and more independent lives.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The B5 Foundation has made a significant impact by empowering vulnerable populations, including the sick, elderly, disabled, and re-entry communities, to achieve greater independence and self-sufficiency. Through its dedicated efforts, the Foundation has provided California home health care workers with essential training in culinary arts, focusing specifically on nutrition and diabetes prevention.

By conducting bilingual webinars—available in both English and Spanish—the B5 Foundation has ensured that critical nutritional information reaches underserved communities, addressing their unique needs. These educational initiatives not only enhance the skills of home health care workers but also improve the quality of care they provide to those they serve. Additionally, resources and replay options for the webinars ensure that even those unable to attend live sessions can access this vital information.

The Foundation's commitment to cost-free training and mentoring has fostered opportunities for employment and personal development, thus reinforcing its mission to promote respect, dignity, and self-sufficiency among its participant communities.




This information is meant to be a general summary of The B5 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.

Revenue
$2,827 (2023)
Expenses
$111,519 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $2,827

Assets and Liabilities:

  • Total Assets: $171,706
  • Total Liabilities: $0
  • Net Assets: $171,706

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2016

Principal Officer

Laverne Davis

NTEE Category

Code: J22 - Employment

If you are a representative of The B5 Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.