Ak Bean Foundation

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

EIN: 942519244 ✦ Fairfield, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ak Bean Foundation?

The Ak Bean Foundation is a nonprofit organization situated in California. Their primary purpose is to offer counseling services to individuals who have been convicted of driving under the influence, in adherence to the state laws SB-38 and AB-541. Their mission is centered around providing support and guidance to these individuals, aiming to promote responsible behavior and safe driving practices. The foundation's activities are focused on counseling, aiming to help those convicted regain their lives and make positive changes.


Official website here: www.akbean.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating

The Ak Bean Foundation has received a two-star rating from Charity Navigator, indicating room for improvement in accountability and transparency. The foundation has a solid program expense ratio of 74.70%, suggesting that a significant portion of its expenses goes directly toward its programs, which is a positive aspect of its financial management.

However, the organization faces several challenges in terms of governance and transparency. Notably, it lacks important policies such as a conflict of interest policy and a whistleblower policy, which are critical for maintaining ethical standards. Additionally, the absence of financial statements and the failure to post its tax documents on its website limit the public's ability to assess its financial health thoroughly.

Despite having a fully independent board, the Ak Bean Foundation's overall accountability score of 69 indicates that it needs to enhance its governance practices and improve its financial reporting. This combination of strengths and limitations suggests that while the foundation is committed to its mission, it must prioritize transparency and policy development to build trust with its stakeholders.


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

Is Ak Bean Foundation legitimate?

Ak Bean Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ak Bean 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: $847,872

For more financial information, click here


Official website here: www.akbean.org

What is the mission statement of Ak Bean Foundation?

The Ak Bean Foundation's mission is centered around providing counseling services to individuals who have been convicted of driving under the influence. In line with California state laws SB-38 and AB-541, the foundation is committed to offering this counseling service as part of its mission. The aim is to assist these individuals in their rehabilitation process, promoting safer driving practices and fostering personal growth. The foundation's services aim to contribute positively to the lives of those who have made mistakes, encouraging them towards responsible behavior and a path of recovery.


Official website here: www.akbean.org

Who is the CEO of Ak Bean Foundation?

John Pierce is the President of Ak Bean Foundation.


Official website here: www.akbean.org

What is the revenue of Ak Bean Foundation?

Ak Bean Foundation's revenue in 2023 was $1,399,933.


Official website here: www.akbean.org

Who are the executives of Ak Bean Foundation and what are their salaries?

The average compensation at Ak Bean Foundation during 2023 was $35,328. There are 24 employees at Ak Bean Foundation.


Here are 4 key members and their salaries:


John Pierce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vacant (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Carr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Tindall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.akbean.org

Where can I find the form 990 for Ak Bean Foundation?

Ak Bean Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.akbean.org

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

Mission Statement of Ak Bean Foundation

The Ak Bean Foundation, a non-profit organization, is dedicated to providing counseling services to individuals who have been convicted of driving under the influence. In line with California's SB-38 and AB-541 laws, the foundation's mission is to offer therapeutic support to these individuals, aiming to help them understand and overcome their alcohol-related issues. The goal is to promote safer driving habits and contribute to a reduction in drunk driving incidents. By offering counseling, the Ak Bean Foundation aims to contribute to the rehabilitation and reintegration of convicted drunk drivers into society, ultimately promoting a safer and more responsible driving environment.

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Impact




July, 2024

Ak Bean Foundation's impact lies in providing counseling services to convicted drunk drivers in Fairfield, CA. By offering support in accordance with CA SB-38 and AB-541, the foundation plays a vital role in helping individuals who have been found guilty of driving under the influence navigate their circumstances and make positive changes in their behavior. Through these services, Ak Bean Foundation contributes to addressing issues related to drunk driving and promotes a safer community for all.




This information is meant to be a general summary of Ak Bean 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
$1,399,933 (2023)
Expenses
$1,386,666 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $40
  • Program Service Revenue: $1,399,893
  • Gross Receipts: $1,399,933

Assets and Liabilities:

  • Total Assets: $978,279
  • Total Liabilities: $206,808
  • Net Assets: $771,471

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COUNSELING

Revenue

$1,396,893

BILLBOARD

Revenue

$3,000

Organization Details

Founding Year

1985

Principal Officer

John Pierce

Main Address

623 GREAT JONES STREET, FAIRFIELD, CA, 94533

NTEE Category

Code: I20 - Crime

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