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500K

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

EIN: 831375770 ✦ Tempe, AZ ✦ Designated as a 501(c)(3)

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Overview

What is 500K?

500K is a nonprofit organization that focuses on raising funds for the establishment of faith communities worldwide. In 2020, they distributed these funds based on grant applications, serving charitable, educational, and religious purposes. The organization's mission is to contribute to the growth of these faith communities, thereby making a positive impact globally.


Official website here: www.the500k.com

Is 500K legitimate?

500K is a legitimate nonprofit organization registered as a 501(c)(3) entity. 500K 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.the500k.com

What is the mission statement of 500K?

500K, as an organization, is dedicated to serving charitable, educational, and religious purposes. In alignment with this mission, they have raised funds for the establishment of faith communities worldwide. These funds were distributed in 2020, adhering to grant applications submitted. The primary objective of 500K is to contribute to initiatives that benefit these three significant sectors, thereby making a positive impact globally.


Official website here: www.the500k.com

What is the revenue of 500K?

500K's revenue in 2023 was $379,836.


Official website here: www.the500k.com

Who are the executives of 500K and what are their salaries?

There 6 volunteers at 500K.

Here are 6 key members and their salaries:


Mr Christian Hidden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Edward Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Evan Keech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr John-Mark Warkentin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Blair Wang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Phillip Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.the500k.com

Where can I find the form 990 for 500K?

500K's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.the500k.com

Learn more at the official website: www.the500k.com

Mission Statement of 500K

500K, as a charitable organization, is dedicated to serving a noble purpose. Its mission lies in raising funds for the establishment of faith communities worldwide. In 2020, these funds were distributed in compliance with grant applications, ensuring they cater to charitable, educational, and religious needs. The organization's role is to support the growth and development of these faith communities, contributing to a global network of like-minded individuals and institutions.

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Impact




October, 2024

500K has made a significant impact by facilitating the establishment of faith communities around the globe. By raising essential funds and distributing them according to carefully reviewed grant applications, the organization has empowered various initiatives that promote charitable, educational, and religious purposes. In 2020, these funds played a crucial role in enabling the formation and support of diverse faith communities, enhancing the spiritual landscape and fostering connections among individuals. The efforts of 500K contribute not only to the growth of these communities but also to the overall social fabric, promoting unity, understanding, and collaboration across different beliefs and cultures.




This information is meant to be a general summary of 500K. 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
$379,836 (2023)
Expenses
$318,251 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $379,836

Assets and Liabilities:

  • Total Assets: $17,476
  • Total Liabilities: $0
  • Net Assets: $17,476

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Organization Details

Principal Officer

Mr Christian Hidden

NTEE Category

Code: X20 - Religion related

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