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Maryam Parman Foundation For Children Inc

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

EIN: 823765508 ✦ Orange, CA ✦ Designated as a 501(c)(3)

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Overview

What is Maryam Parman Foundation For Children Inc?

Maryam Parman Foundation for Children Inc, a California-based nonprofit, is committed to supporting children with injuries or disabilities and their families. With a team of just two dedicated individuals, they provide various forms of aid, tailored to each child's unique needs. Their assistance encompasses medical devices, diverse therapy sessions such as swim therapy, occupational therapy, horse therapy, speech therapy, and hyperbaric chamber treatment therapy, and more. The foundation also goes the extra mile to arrange rides for children and their families who may face transportation challenges in attending their therapy appointments. Their ultimate goal is to help these children reach their fullest potential, regardless of their family's financial situation.


Official website here: www.mpforchildren.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Maryam Parman Foundation for Children Inc has achieved a Three-Star rating from Charity Navigator, indicating a reasonably strong performance in its accountability and financial practices. The organization boasts a high Culture & Community Score of 95, emphasizing its commitment to fostering a supportive environment. Key strengths include a fully independent board and no material diversion of assets, which reflects transparency and governance.

Despite its strong scores in areas like board independence and ethical policies, the foundation's program expense ratio is relatively low at 51.85%, which may raise concerns regarding the proportion of funds being allocated directly to its programs. However, the organization has demonstrated effective management of its financial liabilities, maintaining a favorable liabilities to assets ratio of 33.57%.

Overall, while the Maryam Parman Foundation for Children Inc shows commendable strengths in governance and community engagement, it may benefit from focusing more on increasing the percentage of its expenses that directly support its charitable programs. The foundation's commitment to equity strategies is noteworthy, scoring 95 out of 100 points, which reflects its dedication to promoting fairness and inclusion in its initiatives.


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

Is Maryam Parman Foundation For Children Inc legitimate?

Maryam Parman Foundation For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryam Parman Foundation For Children 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: $42,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,468

For more financial information, click here


Official website here: www.mpforchildren.org

What is the mission statement of Maryam Parman Foundation For Children Inc?

The Maryam Parman Foundation for Children Inc. is a non-profit organization that provides aid to children suffering from injuries or disabilities and their families. The foundation assesses each child's individual needs before developing a personalized treatment plan. They offer various forms of therapy, medical devices, and other resources to help these children reach their full potential, regardless of their family's financial situation. The mission of the foundation is to support these children and their families during their challenging times, providing them with the necessary tools for improvement and growth.


Official website here: www.mpforchildren.org

What is the revenue of Maryam Parman Foundation For Children Inc?

Maryam Parman Foundation For Children Inc's revenue in 2023 was $399,680.


Official website here: www.mpforchildren.org

Who are the executives of Maryam Parman Foundation For Children Inc and what are their salaries?

The average compensation at Maryam Parman Foundation For Children Inc during 2023 was $60,024. There are 2 employees and 12 volunteers at Maryam Parman Foundation For Children Inc.

Here are 5 key members and their salaries:


Taylor Smith (Executive Dir.)
  • Compensation: $42,580
  • Related: $0
  • Other: $2,356
Maryam Parman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Algorri (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elmira Najafi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mpforchildren.org

Where can I find the form 990 for Maryam Parman Foundation For Children Inc?

Maryam Parman Foundation For Children Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mpforchildren.org

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

Mission Statement of Maryam Parman Foundation For Children Inc

The Maryam Parman Foundation for Children Inc is a California-based public benefit corporation dedicated to offering aid to children who have sustained injuries or live with disabilities, as well as their families. This nonprofit organization takes a personalized approach, assessing each child's unique needs before developing a tailored treatment plan. The foundation provides children with various resources, such as medical devices and various forms of therapy, to help them reach their full potential despite their family's financial situation. The mission of the Maryam Parman Foundation for Children Inc is to support and empower these children, ensuring they have the necessary tools to overcome their challenges and thrive.

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Impact




October, 2024

The Maryam Parman Foundation for Children Inc significantly impacts the lives of children with injuries or disabilities and their families. By providing personalized assessments, the foundation develops tailored treatment plans that address the unique needs of each child. This ensures that children receive the medical devices and therapies necessary to help them reach their fullest potential, regardless of their family's financial situation.

Throughout the year, the foundation facilitates various forms of therapy, including swim therapy, occupational therapy, horse therapy, speech therapy, and hyperbaric chamber treatment. Additionally, recognizing the challenges families face in accessing these services, the foundation organizes transportation to ensure that children can attend their therapy appointments without hindrance.

The foundation's comprehensive approach not only supports physical rehabilitation but also promotes emotional well-being and quality of life for both children and their families. In doing so, it plays a crucial role in fostering resilience and hope in the lives of vulnerable children, empowering them to navigate their challenges and achieve a brighter future.




This information is meant to be a general summary of Maryam Parman Foundation For Children 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.

Revenue
$399,680 (2023)
Expenses
$332,661 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $51
  • Gross Receipts: $570,276

Assets and Liabilities:

  • Total Assets: $470,116
  • Total Liabilities: $157,858
  • Net Assets: $312,258

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Organization Details

Founding Year

2017

Principal Officer

Taylor Smith

NTEE Category

Code: P80 - Human services

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