Forever Kids

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

EIN: 912105324 ✦ Covina, CA ✦ Designated as a 501(c)(3)

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Overview

What is Forever Kids?

Forever Kids is a nonprofit organization based in Covina, California, specifically located at 200 E ROWLAND ST 305, CA 91723. Their mission is to foster the betterment of society by emphasizing character building and promoting positive traits, values, and practices. They achieve this through educational assemblies for children, utilizing the book "ABC's of Character" to help children remember and apply these principles. Furthermore, Forever Kids supports children in the foster care system by providing them with necessary suitcases during relocations. With a small team of three dedicated individuals, Forever Kids strives to make a meaningful impact on the lives of young people.

Is Forever Kids legitimate?

Forever Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forever Kids 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: $1,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,688

For more financial information, click here

What is the mission statement of Forever Kids?

Forever Kids, as an organization, is dedicated to promoting the betterment of all individuals through character building, life principles, traits, values, and practices. Their primary purpose is both educational and charitable in nature. They carry out this mission by conducting school assemblies for children, emphasizing the importance of building good character. The organization also promotes a book titled "ABC's of Character," which aids children in remembering and learning the principles of character development. In addition, Forever Kids provides support to children in the foster care system by offering relocation suitcases to make their transition smoother.

Who is the CEO of Forever Kids?

Katherine Salerno is the Secretary/Treas of Forever Kids.

What is the revenue of Forever Kids?

Forever Kids's revenue in 2022 was $228,994.

Who are the executives of Forever Kids and what are their salaries?

The average compensation at Forever Kids during 2022 was $4,471. There are 3 employees at Forever Kids.


Here are 7 key members and their salaries:


Katherine Salerno (Secretary/Treas)
  • Compensation: $1,725
  • Related: $0
  • Other: $0
Robert Duke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Scheumack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enoka Cradle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marietta Vetter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Salerno (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Forever Kids?

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

Mission Statement of Forever Kids

Forever Kids, a nonprofit organization, is dedicated to the betterment of all people. Their principal purpose is both educational and charitable, and they achieve this goal through character building, life principles, traits, values, and practices. The organization's mission is to promote these elements, aiming to improve the lives of individuals in various capacities.

In particular, Forever Kids focuses on character building, providing school assemblies for children with an emphasis on fostering good character. They utilize a resource called "ABC's of Character" to help children remember and apply these principles effectively. Beyond this, Forever Kids extends their support to children in the foster care system. They provide suitcases specifically designed for relocation, offering a small yet meaningful way to assist these children during a challenging time in their lives.

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Impact




October, 2024

Forever Kids creates a significant impact by focusing on character building and personal development among children. Through school assemblies, they inspire young minds to cultivate essential life principles, traits, and values. Their program, Project Character Building, engages students in learning how to develop good character, utilizing tools like the book "ABC's of Character" to make these lessons memorable and accessible.

In addition to educational initiatives, Forever Kids extends vital support to children in the foster care system by providing suitcases, easing the struggles associated with relocation. This support not only facilitates a smoother transition but also affirms these children's dignity and importance.

The overall mission of Forever Kids is to foster the betterment of all people, encouraging youth to embrace values that contribute to personal growth and community well-being. By promoting character building, they are laying the groundwork for a generation equipped with the traits necessary for success and empathy.




This information is meant to be a general summary of Forever Kids. 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
$228,994 (2022)
Expenses
$192,505 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $228,994

Assets and Liabilities:

  • Total Assets: $99,987
  • Total Liabilities: $67,350
  • Net Assets: $32,637

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Organization Details

Founding Year

2004

Principal Officer

Katherine Salerno

Main Address

200 E ROWLAND ST 305, COVINA, CA, 91723

NTEE Category

Code: O00 - Youth development

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