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Newport Harbor Foundation

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

EIN: 842302934 ✦ Newport beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Newport Harbor Foundation?

The Newport Harbor Foundation is a nonprofit organization situated in Newport Beach, California. Their primary objective is to conduct research, study, and educate the public about maintaining and enhancing Newport Harbor as a significant environmental, cultural, and recreational resource. Their mission involves engaging with the general public to preserve and improve this valuable asset. The foundation carries out its purpose through various means, including investigations and educational initiatives. By doing so, they aim to ensure the long-term sustainability and enjoyment of Newport Harbor for future generations.


Official website here: www.newportharborfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

The Newport Harbor Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. With a score of 56%, the organization lacks independent board members and fails to maintain essential governance policies, such as conflict of interest and whistleblower protections. However, it does show a strong commitment to program expenses, with 100% of its expenditures directed toward programs.

On a positive note, the foundation has demonstrated no material diversion of assets and maintains a solid liabilities to assets ratio of 0.00%. Furthermore, it meets basic transparency requirements by listing its website on its tax form and documenting board meeting minutes. These aspects indicate some strengths in its operational practices despite the overall governance issues.

The absence of critical policies and independent oversight raises concerns about the foundation's long-term sustainability and ethical practices. Stakeholders and potential donors should consider these factors when evaluating their support for the Newport Harbor Foundation. For more information, please visit their website.


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

Is Newport Harbor Foundation legitimate?

Newport Harbor Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newport Harbor 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


Official website here: www.newportharborfoundation.org

What is the mission statement of Newport Harbor Foundation?

The Newport Harbor Foundation's mission is centered around studying, researching, and educating the public on the maintenance and enhancement of Newport Harbor. This valuable asset, recognized for its environmental, cultural, and recreational significance, is at the heart of the foundation's endeavors. By engaging the general public, the foundation aims to foster a collective understanding and commitment towards preserving and enhancing this treasured resource.


Official website here: www.newportharborfoundation.org

Who is the CEO of Newport Harbor Foundation?

Edward Lyon is the Cfo/Secretar of Newport Harbor Foundation.


Official website here: www.newportharborfoundation.org

What is the revenue of Newport Harbor Foundation?

Newport Harbor Foundation's revenue in 2022 was $17,350.


Official website here: www.newportharborfoundation.org

Who are the executives of Newport Harbor Foundation and what are their salaries?


Here are 5 key members and their salaries:


Edward Lyon (Cfo/Secretar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Durgan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devon Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kenney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Duffield Jr (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newportharborfoundation.org

Where can I find the form 990 for Newport Harbor Foundation?

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


Official website here: www.newportharborfoundation.org

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

Mission Statement of Newport Harbor Foundation

The Newport Harbor Foundation is dedicated to studying, researching, and educating the general public about the preservation and enhancement of Newport Harbor. As a valuable environmental, cultural, and recreational asset, this harbor requires continuous care and understanding. The organization's mission is centered around raising awareness and promoting the necessary steps to maintain and improve the harbor's condition, ensuring its longevity and continued enjoyment for future generations. By engaging the public and disseminating knowledge, the Newport Harbor Foundation strives to foster a shared commitment to the harbor's well-being.

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Impact




August, 2024

The Newport Harbor Foundation's impact lies in its dedication to studying, researching, and educating the general public about the maintenance and improvement of Newport Harbor as a valuable environmental, cultural, and recreational asset. Through its mission, the foundation works towards ensuring the preservation and enhancement of Newport Harbor for current and future generations in Newport Beach, CA. By raising awareness and promoting sustainable practices, the foundation contributes to the overall well-being and enjoyment of this important natural resource.




This information is meant to be a general summary of Newport Harbor 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.

Revenue
$17,350 (2022)
Expenses
$46,193 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $17,350

Assets and Liabilities:

  • Total Assets: $183,134
  • Total Liabilities: $0
  • Net Assets: $183,134

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Organization Details

Founding Year

2019

Principal Officer

Edward Lyon

Main Address

PO BOX 2814, NEWPORT BEACH, CA, 92659

NTEE Category

Code: T20 - Philanthropy

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