Overview
What is Isa Foundation?
The Isa Foundation, based in York, Pennsylvania, with an address at 3435 Concord Rd 21889, is a nonprofit organization dedicated to supporting educational, scientific, and research programs, scholarships, and various activities in the field of business, economic, and related studies connected to the industrial supply industry. By sponsoring, co-sponsoring, and initiating these initiatives, the foundation aims to contribute to the advancement of knowledge and skills in this sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Star rating)
The Isa Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial performance. The score is primarily derived from its Accountability & Finance metrics, which reflect the organization's commitment to transparent and responsible financial management practices.
Strengths of the Isa Foundation include a fully independent board, with 10 out of 10 board members being independent. The organization also scored well on asset management and documentation practices, showing no material diversion of assets and maintaining records of board meeting minutes. Additionally, the liabilities to assets ratio is favorable at 19.96%, which suggests a solid financial standing.
However, the foundation's program expense ratio of 65.65% is slightly below the ideal benchmark, indicating that while a majority of funds are used for programs, there is room for improvement in maximizing program-related spending. The salary of the Executive Director is notably high at $226,000, which may prompt concerns regarding compensation-related priorities in relation to the charity's overall financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Isa Foundation legitimate?
Isa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isa 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 Isa Foundation?
The Isa Foundation's mission is centered around sponsoring, co-sponsoring, initiating, and supporting educational, scientific, and research programs, scholarships, and various activities in the field of business, economic, and related studies. This is done in connection with the industrial supply industry. The organization's primary goal is to advance knowledge and understanding in these areas, ultimately benefiting this specific industry. The Isa Foundation also provides funding for such initiatives, thereby contributing to the growth and development in these study fields.
Who is the CEO of Isa Foundation?
Brendan Breen is the Chairman of Isa Foundation.
What is the revenue of Isa Foundation?
Isa Foundation's revenue in 2023 was $41,362.
Who are the executives of Isa Foundation and what are their salaries?
There 5 volunteers at Isa Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $226,000
- Other: $9,445
Where can I find the form 990 for Isa Foundation?
Isa Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Isa Foundation
The Isa Foundation, as outlined in its mission statement, is committed to sponsoring, co-sponsoring, initiating, and supporting various educational, scientific, and research programs, scholarships, and other activities in the realm of business, economic, and related studies. This is all done in connection with the industrial supply industry. The organization's primary objective is to contribute to the advancement of knowledge and skills in these fields, thereby fostering growth and development within the industry. By providing financial assistance and resources for such programs and activities, the Isa Foundation aims to empower individuals and contribute to the overall progress of the industrial supply sector.
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Impact
August, 2024
Isa Foundation's impact can be seen through its scholarship fund which sponsors educational, scientific, and research programs in the field of business, economics, and related studies within the industrial supply industry. This support enables individuals to pursue higher education and further their knowledge in these specialized areas, contributing to the growth and development of the industry. By providing scholarships and resources, Isa Foundation plays a key role in fostering academic excellence and advancing innovative practices within the industrial supply sector.
This information is meant to be a general summary of Isa 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 2023.
- Investment Income: $21,952
- Gross Receipts: $175,655
Assets and Liabilities:
- Total Assets: $556,000
- Total Liabilities: $110,997
- Net Assets: $445,003
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Organization Details
Founding Year
2005
Phone
(866) 460-2360Principal Officer
Brendan Breen
Main Address
3435 CONCORD RD 21889, YORK, PA, 17402
NTEE Category
Code: T31 - Philanthropy
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