Overview
What is Kb Foundation?
The Kb Foundation, established in King of Prussia, Pennsylvania, is a nonprofit organization with a focus on enriching the lives of adolescent youth in the Philadelphia area. Their mission revolves around providing educational, recreational, and hands-on learning experiences, aiming to foster the developmental and social competencies of these young individuals. A notable initiative of Kb Foundation is their Leadership Exchange Abroad Program (L.E.A.P.), which offers rising ninth-grade students an opportunity to visit Africa, gaining a comprehensive educational experience about the visited city and country. The organization's work is spearheaded by a small team of dedicated individuals.
Official website here: www.kb.foundation
Is Kb Foundation legitimate?
Kb Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kb 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: $24,385
For more financial information, click here
Official website here: www.kb.foundation
What is the mission statement of Kb Foundation?
The Kb Foundation's mission is centered around enhancing the developmental and social competencies of adolescent youth. They achieve this through a variety of educational, recreational, and hands-on learning experiences. One of their notable programs is the Leadership Exchange Abroad Program (L.E.A.P.), which offers rising ninth-grade students an opportunity to explore a foreign continent, gaining valuable insights about the specific city and country they visit. The foundation's philosophy revolves around the belief that exposure to new environments can significantly enrich an individual's life.
Official website here: www.kb.foundation
What is the revenue of Kb Foundation?
Kb Foundation's revenue in 2023 was $387,657.
Official website here: www.kb.foundation
Who are the executives of Kb Foundation and what are their salaries?
The average compensation at Kb Foundation during 2023 was $24,385. There is 1 employee and 20 volunteers at Kb Foundation.
Here are 7 key members and their salaries:
- Compensation: $4,024
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Official website here: www.kb.foundation
Where can I find the form 990 for Kb Foundation?
Kb Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kb.foundation
Learn more at the official website: www.kb.foundation
Mission Statement of Kb Foundation
Kb Foundation, a nonprofit organization, is committed to fostering the developmental and social competencies of adolescent youth residing in the Philadelphia area. They achieve this goal through a variety of educational, recreational, and hands-on learning experiences. By providing these opportunities, Kb Foundation aims to equip young individuals with the necessary skills to navigate their social worlds effectively.
One of Kb Foundation's notable programs is the Leadership Exchange Abroad Program (L.E.A.P.). This program offers rising ninth-grade students an unparalleled educational experience by taking them to Africa. Through this program, participants gain a deep understanding of the specific city and country they visit, learning about its culture, history, and social issues firsthand. This immersive experience is designed to broaden their horizons and foster a sense of global citizenship.
In summary, Kb Foundation is dedicated to empowering adolescent youth in Philadelphia by offering enriching educational, recreational, and hands-on learning experiences. Their Leadership Exchange Abroad Program (L.E.A.P.) provides an exceptional opportunity for young individuals to expand their perspectives and gain a deeper understanding of the world, thereby enhancing their personal development.
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Impact
October, 2024
Kb Foundation significantly impacts the lives of adolescent youth in the Philadelphia area by enhancing their developmental and social competencies. Through a range of educational, recreational, and hands-on learning experiences, the foundation empowers youth to grow and thrive.
One of the cornerstone programs, the Leadership Exchange Abroad Program (L.E.A.P.), immerses rising ninth-grade students in diverse cultures by taking them to the continent of Africa. Participants engage in a comprehensive educational experience, gaining insights into the history, traditions, and social dynamics of the country they visit. This exposure is crucial, as the foundation's mentoring model emphasizes that "exposure is life," highlighting the transformative power of experiencing new environments and cultures.
By fostering personal growth and cultural awareness, Kb Foundation not only enriches the lives of the students it serves but also creates a ripple effect within the community, as these young leaders return home with broadened perspectives and skills that contribute to their future success.
This information is meant to be a general summary of Kb 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 2023.
- Investment Income: $39
- Program Service Revenue: $21,004
- Gross Receipts: $414,353
Assets and Liabilities:
- Total Assets: $27,197
- Total Liabilities: $780
- Net Assets: $26,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RSM NORTH 10 FEE INCOME
Revenue
$17,754
MENTORING CAMP REGISTRATION I
Revenue
$2,350
GIRLS MENTORING CAMP REGISTRA
Revenue
$900
Organization Details
Founding Year
2017
Principal Officer
Kirklyn Berry
Website
www.kb.foundationNTEE Category
Code: W99 - Public benefit
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