Overview
What is 525 Foundation Inc?
The 525 Foundation Inc, located in South Bend, Indiana, is a nonprofit organization dedicated to promoting positive choices among individuals regarding alcohol and drug use. Their mission is to educate and empower individuals, aiming to foster a culture of acceptance that discourages substance misuse. By offering age-appropriate tools, the foundation strives to enable better decision-making and prevent overdose. With a small team of two dedicated individuals, the 525 Foundation works tirelessly to make a difference in people's lives.
Official website here: www.525foundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 1 Star (59%)
The 525 Foundation Inc has received a low rating of 59% from Charity Navigator, reflecting concerns about its accountability and financial practices. While the organization excels in aspects such as having a fully independent board and transparency in asset management, it falls short in several critical areas related to governance policies and public accountability.
Significantly, the foundation lacks essential policies like conflict of interest and whistleblower protections, both of which are crucial for maintaining trust and integrity within nonprofit management. Additionally, the absence of publicly available tax documents on their website raises further questions about their commitment to transparency. While the organization maintains a reasonable liabilities to assets ratio, the low program expense ratio indicates that a smaller portion of their funds is being allocated to their intended charitable programs.
Overall, while the 525 Foundation has some structural strengths, the shortcomings in governance and financial transparency highlight the need for improvement. Prospective donors and stakeholders may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 525 Foundation Inc?
100% of 42 reviewers on Facebook recommend the 525 Foundation Inc. Here is a summary of their reviews:
The organization is highly praised for its impactful outreach and the emotional connection it builds with the community. Many reviewers express gratitude for the foundation's work, highlighting how the stories shared resonate on a personal level and inspire meaningful conversations about important topics. Individuals feel that the foundation's efforts not only raise awareness but also have the potential to save lives.
Overall, the sentiment reflects strong appreciation and respect for the foundation's mission. Many supporters feel that the organization delivers on its promise to educate and connect with families, reinforcing the importance of addressing sensitive issues openly.
This AI summary has been generated from reviews found on Facebook.
Is 525 Foundation Inc legitimate?
525 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 525 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: $61,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,973
For more financial information, click here
Official website here: www.525foundation.org
What is the mission statement of 525 Foundation Inc?
The 525 Foundation's mission is geared towards educating and empowering individuals to make responsible decisions regarding alcohol and drug use. The organization aims to influence a shift in the culture that accepts and encourages experimentation with these substances. Furthermore, they provide age-appropriate resources to help individuals make better decisions, ultimately working towards preventing drug overdoses.
Official website here: www.525foundation.org
Who is the CEO of 525 Foundation Inc?
Rebecca Savage is the President of 525 Foundation Inc.
Official website here: www.525foundation.org
What is the revenue of 525 Foundation Inc?
525 Foundation Inc's revenue in 2022 was $468,472.
Official website here: www.525foundation.org
Who are the executives of 525 Foundation Inc and what are their salaries?
The average compensation at 525 Foundation Inc during 2022 was $47,942. There are 2 employees at 525 Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $61,911
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.525foundation.org
Where can I find the form 990 for 525 Foundation Inc?
525 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.525foundation.org
Learn more at the official website: www.525foundation.org
Mission Statement of 525 Foundation Inc
The 525 Foundation, a non-profit organization, is dedicated to a mission of education and empowerment. Specifically, it aims to guide individuals in making positive choices regarding alcohol and drug use. The Foundation aspires to impact the societal norms surrounding the acceptance and experimentation of these substances, and to provide age-appropriate tools that facilitate better decision-making, ultimately striving to prevent overdose. The work of the 525 Foundation is geared towards educating youth, influencing a shift in cultural attitudes, and equipping individuals with the resources they need to make informed decisions.
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Impact
July, 2024
The impact of 525 Foundation Inc is significant in educating and empowering individuals to make positive choices related to drug and alcohol use. By focusing on youth education, influencing cultural change regarding substance acceptance and experimentation, and providing tools for better decision-making to prevent overdose, the organization plays a crucial role in addressing mental health challenges associated with substance abuse. Through its efforts in South Bend, IN, 525 Foundation Inc is actively working to create a safer and healthier community by equipping individuals with the knowledge and resources needed to combat substance misuse.
This information is meant to be a general summary of 525 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.
- Investment Income: $60
- Program Service Revenue: $17,101
- Gross Receipts: $474,246
Assets and Liabilities:
- Total Assets: $281,061
- Total Liabilities: $17,227
- Net Assets: $263,834
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPEAKER FEES
Revenue
$8,901
CONFERENCES
Revenue
$8,200
Organization Details
Founding Year
2017
Phone
(574) 360-2204Principal Officer
Rebecca Savage
Main Address
1400 E ANGELA BLVD 146, SOUTH BEND, IN, 46617
Website
www.525foundation.orgNTEE Category
Code: F21 - Mental health
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