Overview
What is Foundation 4Life Inc?
Foundation 4Life Inc is a nonprofit organization located in Sandy, Utah (84070). Their primary mission is to foster long-term, sustainable partnerships with families and communities worldwide, with a focus on addressing the unique needs of each community. They accomplish this by providing disaster relief and humanitarian assistance, with a specific focus on community development, child development, and education. Their work extends beyond their home base, reaching out to various organizations that support children and families dealing with issues such as hunger, natural disasters, HIV/AIDS, and education. Through these partnerships, Foundation 4Life aims to leave a lasting legacy of empowerment for children and the communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star rating.
Foundation 4Life Inc has received a Two-Star rating from Charity Navigator, indicating that while it meets certain accountability and finance criteria, there are significant areas needing improvement. The organization boasts a strong program expense ratio of 100%, which reflects that all funds are directed towards its programs. Additionally, it scores full points for having an independent board and no material diversion of assets, showcasing good management practices in those areas.
However, the organization faces criticism for lacking essential policies like a conflict of interest policy, whistleblower policy, and document retention policy. These omissions, along with missing board meeting minutes and tax forms on its website, contribute to its overall lower rating. Stakeholders may want to consider these limitations when assessing the transparency and governance practices of Foundation 4Life Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation 4Life Inc legitimate?
Foundation 4Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation 4Life 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: $0
For more financial information, click here
What is the mission statement of Foundation 4Life Inc?
Foundation 4Life Inc's mission is focused on providing disaster relief and humanitarian assistance, with a particular emphasis on community development, child development, and education. The organization seeks to build a legacy of service by establishing long-term, sustainable partnerships with families and communities globally. Their approach tailors to the unique needs of each community, collaborating closely with local leaders to offer the most effective support. The ultimate objective is to leave a lasting legacy of empowerment for children and the communities they reside in. The organization's focus is divided into three main areas: community development, child development, and education.
What is the revenue of Foundation 4Life Inc?
Foundation 4Life Inc's revenue in 2023 was $526,194.
Who are the executives of Foundation 4Life Inc and what are their salaries?
There 14 volunteers at Foundation 4Life Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Foundation 4Life Inc?
Foundation 4Life Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Foundation 4Life Inc
Foundation 4Life Inc is dedicated to making a lasting impact in communities worldwide by establishing enduring partnerships with families and local leaders. Their mission is centered around addressing the unique needs of each community, with a primary focus on community development, child development, and education. By working closely with community leaders, Foundation 4Life Inc aims to empower children and the communities they reside in, ultimately leaving a legacy of self-sufficiency. This nonprofit organization believes in fostering long-term, sustainable relationships, ensuring that the assistance provided has a lasting impact.
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Impact
July, 2024
Foundation 4Life Inc makes a significant impact by providing disaster relief and other humanitarian assistance, with a focus on community development, child development, and education. The foundation's charitable contributions support organizations that help children and families facing various issues such as hunger, natural disasters, HIV/AIDS, and lack of education. By partnering with communities worldwide, Foundation 4Life is building a legacy of empowerment for children and communities, aiming to leave a lasting positive impact through sustainable partnerships and tailored support initiatives.
This information is meant to be a general summary of Foundation 4Life 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $78,196
- Gross Receipts: $526,194
Assets and Liabilities:
- Total Assets: $1,806,008
- Total Liabilities: $0
- Net Assets: $1,806,008
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Organization Details
Founding Year
2007
Principal Officer
Matthew Omccleary Cpa
NTEE Category
Code: P20 - Human services
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