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2222 Foundation

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

EIN: 820699633 ✦ Grandview, TX ✦ Designated as a 501(c)(3)

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Overview

What is 2222 Foundation?

The 2222 Foundation is a nonprofit organization, headquartered in Grandview, Texas, with a specific focus on supporting other charitable institutions that cater to the needs of underprivileged children. Their primary mission is to raise awareness and provide essential resources for orphaned and abandoned children. To accomplish this, they extend their reach by offering vital provisions such as food, clothing, shelter, and educational opportunities. By doing so, the 2222 Foundation aims to contribute positively to the well-being and future prospects of these children, thereby making a significant impact in their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating.

The 2222 Foundation has earned an 84% rating from Charity Navigator, reflecting its solid performance in accountability and finance. This score is based entirely on a single beacon score, indicating a strong emphasis on financial management and the transparency of its operations. Key metrics contributing to this rating include a 100% Program Expense Ratio, which shows that all expenses are directed towards its programs, and a favorable Liabilities to Assets Ratio of 48.73%, indicating financial stability.

Strengths of the 2222 Foundation are highlighted by its governance practices. The organization boasts a fully independent board, with 100% of its members being independent, ensuring objective oversight. Moreover, it has comprehensive policies in place, including conflict of interest and whistleblower policies, which contribute to its accountability and ethical standards. The foundation's commitment to maintaining proper documentation and meeting governance standards further enhances its credibility.

While the foundation's overall rating is strong, potential supporters should note that this score is based solely on financial accountability rather than programmatic effectiveness or impact, which may limit the assessment of its overall influence in its mission area. Overall, the 2222 Foundation demonstrates a commitment to transparency and effective financial management.


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

Is 2222 Foundation legitimate?

2222 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 2222 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 2222 Foundation?

The 2222 Foundation's mission is centered around raising awareness and providing resources for abandoned and orphaned children. They strive to support these children by providing essentials such as food, clothing, shelter, and education. In addition to their direct efforts, the foundation also supports other non-profit organizations dedicated to caring for needy children. Their goal is to create a positive impact on the lives of these children, aiming to improve their overall well-being and opportunities.

Who is the CEO of 2222 Foundation?

Cornelius Yoder is the Chairman of 2222 Foundation.

What is the revenue of 2222 Foundation?

2222 Foundation's revenue in 2022 was $591,455.

Who are the executives of 2222 Foundation and what are their salaries?


Here are 2 key members and their salaries:


Leland Ulrich (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cornelius Yoder (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 2222 Foundation?

2222 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 2222 Foundation

The 2222 Foundation is committed to raising awareness and providing resources for abandoned and orphaned children. Their mission is threefold. Firstly, they strive to provide essential necessities such as food, clothing, shelter, and education for these children, ensuring they have a basic standard of living. Secondly, the foundation seeks to support other non-profit organizations that are similarly dedicated to caring for needy children. By collaborating with these organizations, they aim to amplify their collective impact and ensure no child slips through the cracks. Ultimately, the 2222 Foundation's mission is driven by a deep-seated compassion for these children, working tirelessly to provide them with the support and opportunities they need to thrive.

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Impact




July, 2024

2222 Foundation's impact is evident in its provision of essential needs such as food, clothing, shelter, and schooling to orphaned and abandoned children. By supporting other nonprofit organizations dedicated to caring for needy children, the foundation works tirelessly to raise awareness and provide resources for this vulnerable population. Through its mission to improve the lives of abandoned and orphaned children, 2222 Foundation plays a crucial role in ensuring these children have the necessary support and care they need to thrive.




This information is meant to be a general summary of 2222 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
$591,455 (2022)
Expenses
$448,762 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $591,455

Assets and Liabilities:

  • Total Assets: $298,654
  • Total Liabilities: $48,588
  • Net Assets: $250,066

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Organization Details

Founding Year

2017

Principal Officer

Cornelius Yoder

Main Address

PO BOX 789, GRANDVIEW, TX, 76050

NTEE Category

Code: P20 - Human services

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