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Favorable Productions Inc

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

EIN: 852500685 ✦ Lomita, CA ✦ Designated as a 501(c)(3)

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Overview

What is Favorable Productions Inc?

Favorable Productions Inc, a community-focused nonprofit based on video production services, offers a unique mentorship program for youth, guiding them through the entire video production process from conception to project completion. In response to the COVID-19 pandemic, the organization has expanded its mission to provide essential support to those affected. This includes mental health and aftercare counseling, transportation for COVID-19 testing and doctor visits, and temporary housing for individuals who have contracted or been directly impacted by the virus. By doing so, Favorable Productions Inc serves as a valuable resource to its community, fostering creativity and well-being during challenging times.


Official website here: www.favorableproductions.com

Is Favorable Productions Inc legitimate?

Favorable Productions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Favorable Productions 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: $401,000

For more financial information, click here


Official website here: www.favorableproductions.com

What is the mission statement of Favorable Productions Inc?

Favorable Productions Inc's primary mission is to offer video production services to the community, incorporating a mentorship program that guides youth through the entire production process, from conception to project completion. In response to the Covid-19 pandemic, the organization expanded its mission to provide essential services, including Covid-19 testing transportation, temporary housing, and counseling for individuals who have contracted or been impacted by the virus.


Official website here: www.favorableproductions.com

What is the revenue of Favorable Productions Inc?

Favorable Productions Inc's revenue in 2020 was $1,286,000.


Official website here: www.favorableproductions.com

Who are the executives of Favorable Productions Inc and what are their salaries?

There 25 volunteers at Favorable Productions Inc.

There is 1 key member and their salary:


Randi Mcwilliams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.favorableproductions.com

Where can I find the form 990 for Favorable Productions Inc?

Favorable Productions Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.favorableproductions.com

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

Mission Statement of Favorable Productions Inc

Favorable Productions Inc, a community-focused organization, is dedicated to facilitating video production services. Their primary mission involves creating a mentorship program, educating youth in the intricacies of video production, from preparation to the completion of a project. However, in response to the unprecedented pandemic caused by Covid-19 in 2020, Favorable Productions Inc expanded their mission. They now provide essential services to those affected by the virus, including Covid-19 testing transportation, temporary housing, and counseling. This additional mission aims to support individuals directly impacted by the deadly virus.

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Impact




July, 2024

Favorable Productions Inc has had a significant impact on the community by providing valuable video production services through a mentorship program for youth. By teaching young individuals the intricacies of video production, the organization not only offers creative opportunities but also develops valuable skills that can lead to future success.

Furthermore, during the challenging times of the COVID-19 pandemic, Favorable Productions expanded its mission to provide essential support services to those affected by the virus. This included offering COVID-19 testing transportation, temporary housing, and counseling to individuals directly impacted by the virus. This comprehensive approach demonstrates the organization's commitment to the well-being of the community and its ability to adapt to emergent needs.

Overall, Favorable Productions Inc's dual focus on creative education and community support has made a positive and lasting impact on the lives of those it serves.




This information is meant to be a general summary of Favorable Productions 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
$1,286,000 (2020)
Expenses
$1,286,000 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $706,000
  • Gross Receipts: $1,838,000

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

923130
0

Revenue

$225,000

624200
0

Revenue

$174,000

925110
0

Revenue

$127,000

480000
0

Revenue

$94,000

512110
0

Revenue

$86,000

Organization Details

Founding Year

2019

NTEE Category

Code: A31 - Arts

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