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Proton Foundation Inc

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

EIN: 841700183 ✦ Wilsonville, OR ✦ Designated as a 501(c)(3)

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Overview

What is Proton Foundation Inc?

Proton Foundation Inc is a globally-focused nonprofit organization, committed to enhancing economic, community, and educational sectors worldwide. Through their efforts, they aim to foster growth and development in these crucial sectors, working tirelessly to make a positive impact on various communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 23% (Zero-Star out of Four Star rating)

Proton Foundation Inc has received a low score of 23%, reflecting significant concerns regarding its accountability and financial practices. The overall score is entirely derived from the Accountability & Finance category, indicating a lack of transparency and proper governance practices. The charity scored the highest in having a fully independent board, but it fell short in critical areas such as board size, missing policies, and lack of published documents.

The organization has a small board size with only two independent members, which has impacted its governance score. Additionally, Proton Foundation is missing several key policies, including conflict of interest and whistleblower protection, which are vital for maintaining trust and accountability. Furthermore, the charity's website does not provide necessary documentation, including tax forms, which diminishes potential donor confidence.

Despite the absence of material diversion of assets, the charity's overall financial management appears inadequate, given the low program expense ratio and lack of transparency. These factors contribute to the minimal rating, suggesting that potential supporters should carefully consider these issues before engaging with the organization.


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

Is Proton Foundation Inc legitimate?

Proton Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Proton Foundation Inc?

The Proton Foundation Inc's mission is centered around enhancing the economic, community, and educational sectors globally. They are dedicated to providing and fostering advancements in these sectors, aiming to contribute positively to worldwide development. Their mission is reflected in their continuous efforts to improve the economic landscape, strengthen communities, and promote educational opportunities worldwide.

Who is the CEO of Proton Foundation Inc?

Derrick Miller is the President of Proton Foundation Inc.

What is the revenue of Proton Foundation Inc?

Proton Foundation Inc's revenue in 2022 was $4,730.

Who are the executives of Proton Foundation Inc and what are their salaries?

There 2 volunteers at Proton Foundation Inc.


Here are 2 key members and their salaries:


Kenneth Vanderhoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Proton Foundation Inc?

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

Mission Statement of Proton Foundation Inc

Proton Foundation Inc, as per its mission statement, is dedicated to enhancing various sectors globally. This nonprofit organization focuses on providing and developing economic, community, and educational sectors worldwide. Its goal is to contribute positively to these sectors, aiming to bring about positive change and improvement in these areas. Proton Foundation Inc strives to make a significant impact by providing necessary resources and support to these sectors, ultimately contributing to the betterment of communities and individuals worldwide.

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Impact




August, 2024

Proton Foundation Inc's impact is seen in its efforts to provide and develop economic, community, and educational sectors worldwide. Through its mission, the organization is dedicated to making a positive difference in various regions by focusing on these key areas. This commitment to creating impact on an international scale sets Proton Foundation Inc apart in its work and showcases its dedication to global progress and development.




This information is meant to be a general summary of Proton 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.

Revenue
$4,730 (2022)
Expenses
$75,270 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $4,730

Assets and Liabilities:

  • Total Assets: $103,813
  • Total Liabilities: $1,250
  • Net Assets: $102,563

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Organization Details

Founding Year

2005

Principal Officer

Derrick Miller

Main Address

PO Box 511, Wilsonville, OR, 97070

NTEE Category

Code: Q33 - International

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