Overview
What is Friendship Educational Foundation?
The Friendship Educational Foundation is a nonprofit organization in Redondo Beach, California, with a mission to educate and inspire children and young adults to reach their full potential. They are currently developing the Friendship Campus, a 64,000 square foot facility designed to serve intellectually and physically diverse students. This inclusive community space will provide engaging environments for personal growth and development, social and emotional wellness, healthy lifestyle habits, and job training exploration. The campus will offer vocational programs in areas like technology, financial literacy, media, hospitality, culinary arts, office work, education, and trades. The Friendship Educational Foundation oversees the capital campaign and planning for the Friendship Campus's architectural and state certification.
What are the reviews and ratings of this charity?
90% - This charity's score is a strong indication of its overall performance, earning a Four-Star out of Four Star rating from Charity Navigator. The rating reflects a focus solely on accountability and finance, demonstrating effective management of resources and transparency in operations.
Friendship Educational Foundation excels in several key areas, including having a fully independent board and a high program expense ratio of 97.92%, which indicates that nearly all funds are directed towards its programs rather than administrative costs. The organization also benefits from a solid financial oversight structure, with no material diversions of assets reported and comprehensive auditing practices in place.
Despite the commendable aspects, the review data does not provide insights into program effectiveness or beneficiary feedback, which could offer a more rounded understanding of the organization's impact. However, the strong financial metrics suggest a well-managed organization that prioritizes accountability and resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Educational Foundation legitimate?
Friendship Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Educational 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 Friendship Educational Foundation?
The Friendship Educational Foundation is dedicated to helping all children and young adults reach their full potential. It was established to oversee the creation and capital campaign for the Friendship Campus, a development designed to cater to intellectually and physically diverse students. The campus will provide vocational programs, a transition program, and serve as the headquarters for Friendship Foundation's inclusive school club programming. The 64,000 square foot facility will focus on talent and skill building, personal growth and development, social and emotional wellness, healthy lifestyle habits, and physical fitness. Vocational areas include technology, financial literacy, media, hospitality, culinary, office, education, and trades.
Who is the CEO of Friendship Educational Foundation?
Joseph Mintz is the President of Friendship Educational Foundation.
What is the revenue of Friendship Educational Foundation?
Friendship Educational Foundation's revenue in 2022 was $12,195,355.
Who are the executives of Friendship Educational Foundation and what are their salaries?
There 8 volunteers at Friendship Educational Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $48,000
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Friendship Educational Foundation?
Friendship Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friendship Educational Foundation
The Friendship Educational Foundation, a renowned nonprofit organization, was established with the purpose of guiding the creation and overseeing the capital campaign for the Friendship Campus Programs. This foundation is dedicated to the architectural and state-certified planning and permitting of the Friendship Campus.
With a mission to educate and inspire children and young adults to reach their full potential, the Friendship Educational Foundation is bringing to life the Friendship Campus, a 64,000 square foot facility. This campus, currently under development, aims to serve students who are intellectually and physically diverse. It will house vocational programs, a transition program, and act as the headquarters for the Friendship Foundation's 50+ programs and inclusive school club programming, ensuring that everyone has a place.
The Friendship Campus will focus on the holistic development of the individual, offering talent and skill-building programs, personal growth and development workshops, social and emotional wellness initiatives, and healthy lifestyle habits and physical fitness activities. Vocational training programs in fields such as technology, financial literacy, media, hospitality, culinary arts, office work, education, and trades are amongst the initial offerings. The ultimate goal is to provide an engaging and inviting environment for the entire community.
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Impact
October, 2024
Friendship Educational Foundation is making significant strides in enhancing educational opportunities for children and young adults by creating an inclusive environment tailored to diverse needs. The development of the Friendship Campus is at the forefront of this initiative, designed to cater to students who are intellectually and physically diverse.
The campus will serve as a hub for over 50 programs and inclusive school club activities, ensuring that everyone has a place to learn and grow. Spanning 64,000 square feet, the facility aims to foster personal growth, talent development, and skill enhancement, focusing on the holistic well-being of each individual. Programs will prioritize social and emotional wellness, healthy lifestyle habits, and physical fitness, alongside job training and vocational exploration in various fields such as trades, culinary, hospitality, and technology.
By creating an engaging and inviting environment in Redondo Beach, the Friendship Educational Foundation is not only educating but also inspiring the community, empowering young people to reach their full potential and equipping them with the necessary tools to thrive in life.
This information is meant to be a general summary of Friendship Educational 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 2022.
- Investment Income: $1,455
- Gross Receipts: $12,195,355
Assets and Liabilities:
- Total Assets: $21,922,895
- Total Liabilities: $3,333,195
- Net Assets: $18,589,700
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Organization Details
Founding Year
2019
Phone
(310) 214-6677Principal Officer
Joseph Mintz
Main Address
2108 VAIL AVE, REDONDO BEACH, CA, 90278
NTEE Category
Code: B90 - Education
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