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Ok Foundation

Operation Kids

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

EIN: 870643214 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Ok Foundation?

The Ok Foundation, also known as Operation Kids, is a compassionate nonprofit organization situated in Salt Lake City, Utah. With a focus on enhancing children's lives, they support a network of charities tackling crucial issues impacting youngsters. Their mission encompasses education, safety, environmental conservation, health, and overall well-being, ensuring a holistic approach to childcare. With just two dedicated employees, they strive to make a significant difference in the lives of children across various aspects.


Official website here: www.operationkids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The OK Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score of 81% is primarily derived from its strong accountability practices, which reflect well on the organization's governance and fiscal responsibility.

Strengths of the OK Foundation include a majority of independent board members, demonstrating a commitment to transparency and effective oversight. The organization has excellent scores across various accountability metrics, such as having a whistleblower policy, conflict of interest policy, and clear documentation of board meeting minutes. Additionally, with a program expense ratio of nearly 90%, the foundation shows a significant focus on utilizing its resources for programmatic work rather than administrative costs.

While the OK Foundation appears to excel in transparency and financial health, it is important for potential donors and stakeholders to consider the overall impact and effectiveness of its programs, which are not detailed in the provided data. Nevertheless, the foundation's strong accountability measures signal a positive outlook for its operations and governance.


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

Is Ok Foundation legitimate?

Ok Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ok 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: $193,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,327

For more financial information, click here


Official website here: www.operationkids.org

What is the mission statement of Ok Foundation?

The Ok Foundation is dedicated to serving the needs of children holistically, encompassing aspects such as education, safety, environment, health, and well-being. Their mission, as stated, is to enhance the lives of children by backing a community of charities that tackle the most pressing issues impacting young lives. They strive to provide comprehensive support to ensure children's overall development and welfare.


Official website here: www.operationkids.org

Who is the CEO of Ok Foundation?

Philip Webb is the Executive Di of Ok Foundation.


Official website here: www.operationkids.org

What is the revenue of Ok Foundation?

Ok Foundation's revenue in 2022 was $1,228,030.


Official website here: www.operationkids.org

Who are the executives of Ok Foundation and what are their salaries?

The average compensation at Ok Foundation during 2022 was $112,164. There are 2 employees at Ok Foundation.


Here are 6 key members and their salaries:


Philip Webb (Executive Di)
  • Compensation: $193,000
  • Related: $0
  • Other: $19,266
Sombo Chunda (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Farrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Gunnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Robbins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Webb (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.operationkids.org

Where can I find the form 990 for Ok Foundation?

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


Official website here: www.operationkids.org

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

Mission Statement of Ok Foundation

The Ok Foundation, a nonprofit organization, is dedicated to serving the needs of children comprehensively. This encompasses various aspects of a child's life, including education, safety, environment, health, and well-being. Through its mission, the Ok Foundation seeks to improve the lives of children by backing a network of charities that address the most pressing issues affecting young individuals. By supporting this research-based community, the Ok Foundation aims to contribute significantly to the overall well-being and development of children.

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Impact




July, 2024

The Ok Foundation's impact is focused on improving the lives of children by supporting a researched community of charities that serve the most important issues facing kids. Their mission is centered on serving the needs of the whole child, including education, safety, environment, health, and well-being. Through their philanthropic efforts in Salt Lake City, UT, the Ok Foundation is making a positive difference in the lives of children and contributing to the betterment of the community.




This information is meant to be a general summary of Ok 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
$1,228,030 (2022)
Expenses
$1,768,688 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $302,805
  • Gross Receipts: $1,812,889

Assets and Liabilities:

  • Total Assets: $3,443,255
  • Total Liabilities: $15,917
  • Net Assets: $3,427,338

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Organization Details

Founding Year

1999

Principal Officer

Philip Webb

Main Address

1245 EAST BRICKYARD ROAD SUITE 260, SALT LAKE CITY, UT, 84106

NTEE Category

Code: T12 - Philanthropy

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