The Traction Group Foundation

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

EIN: 861580915 ✦ Culver city, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Traction Group Foundation?

The Traction Group Foundation, established as a 501(c)(3) nonprofit in Culver City, California, is dedicated to offering economic, social, and financial support and education. Their mission is to empower individuals and communities through various services and educational programs. The foundation's activities focus on uplifting people by providing them with the necessary tools and knowledge to improve their financial well-being and overall livelihood.

Is The Traction Group Foundation legitimate?

The Traction Group Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Traction Group Foundation submitted a form 990EZ, 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.

What is the mission statement of The Traction Group Foundation?

The Traction Group Foundation, a 501(c)(3) organization, is dedicated to serving its community by focusing on economic, social, and financial education and services. Their mission is to contribute to the betterment of individuals and societies by providing essential knowledge and resources in these areas. The foundation aims to empower individuals and communities, enabling them to make informed decisions and improve their financial well-being. Their activities are geared towards providing education and services that foster financial literacy and promote social development.

What is the revenue of The Traction Group Foundation?

The Traction Group Foundation's revenue in 2021 was $0.

Who are the executives of The Traction Group Foundation and what are their salaries?

Here are 3 key members and their salaries:


Tracey Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Burson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Burson (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Traction Group Foundation?

The Traction Group Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of The Traction Group Foundation

The Traction Group Foundation, as a 501(c)(3) organization, is dedicated to fulfilling a mission that encompasses providing economic, social, and financial services and education. This mission is geared towards empowering individuals and communities, aiming to improve their overall well-being and financial literacy. The foundation's activities are centered around offering educational programs and services, with the ultimate goal of fostering financial stability and independence. Although the specifics of these programs and services are not detailed in the provided information, it can be inferred that The Traction Group Foundation is committed to making a positive impact in the lives of those it serves.

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Impact




October, 2024

The Traction Group Foundation significantly impacts the community by delivering essential economic, social, and financial services alongside educational initiatives. Based in Culver City, California, its mission is to empower individuals through access to vital resources and support. By focusing on education and financial literacy, the foundation helps equip people with the knowledge and skills necessary to improve their economic situations. This initiative fosters greater financial stability and social well-being, thereby enhancing the overall quality of life for those served. Through its dedicated efforts, The Traction Group Foundation plays a crucial role in building stronger, more resilient communities.




This information is meant to be a general summary of The Traction Group 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
$0 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $1
    • Total Liabilities: $0
    • Net Assets: $1

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    Organization Details

    Principal Officer

    Tracey Jackson

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