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Faith In Action Bay Area

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

EIN: 942716470 ✦ Redwood city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Faith In Action Bay Area?

Faith In Action Bay Area is a nonprofit organization situated in Redwood City, California. With a team of 22 dedicated individuals, their primary focus lies in promoting economic justice. This involves championing economic development for historically excluded groups, such as the formerly incarcerated, low-income individuals, those with educational deficits, and the undocumented. In addition, they engage in nonpartisan reform advocacy at various governmental levels to improve conditions in these areas. Their mission is to cultivate community leaders who use organized action to foster racial and economic equity in the Bay Area region.


Official website here: www.faithinactionba.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 95% - Four-Star out of Four Star rating

Faith In Action Bay Area has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization scored 95% overall, with the entire score derived from its accountability and finance metrics. This high rating highlights the effectiveness of its governance and financial management practices.

Key strengths of the organization include a fully independent board of directors, which is vital for unbiased decision-making. The charity has demonstrated excellence in its financial oversight, evidenced by a robust audit and oversight committee. Additionally, it maintains a low liabilities-to-assets ratio and allocates a significant portion of its expenses directly to programs, ensuring that funds are used effectively to support its mission.

While the organization showcases remarkable financial health and governance practices, there are no notable limitations mentioned in the data. This positive assessment underscores Faith In Action Bay Area's reliability and efficiency as a nonprofit, making it a trustworthy option for donors looking to support impactful community initiatives.


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

Is Faith In Action Bay Area legitimate?

Faith In Action Bay Area is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith In Action Bay Area 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: $112,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $857,027

For more financial information, click here


Official website here: www.faithinactionba.org

What is the mission statement of Faith In Action Bay Area?

Faith In Action Bay Area's mission is centered around developing community leaders who actively work towards fostering racial and economic equity in the Bay Area region. Their mission involves organizing to change systems, aiming to create a more equitable society. Their economic justice initiatives focus on supporting previously excluded groups, such as the formerly incarcerated, low-income individuals, those with educational deficits, and the undocumented. They also engage in nonpartisan reform advocacy at various levels, including County, State, and Federal, in these areas.


Official website here: www.faithinactionba.org

Who is the CEO of Faith In Action Bay Area?

Carolina Parrales is the Executive Dir. of Faith In Action Bay Area.


Official website here: www.faithinactionba.org

What is the revenue of Faith In Action Bay Area?

Faith In Action Bay Area's revenue in 2022 was $2,395,040.


Official website here: www.faithinactionba.org

Who are the executives of Faith In Action Bay Area and what are their salaries?

The average compensation at Faith In Action Bay Area during 2022 was $44,083. There are 22 employees and 500 volunteers at Faith In Action Bay Area.


Here are 9 key members and their salaries:


Lorena Melgarejo (Executive Dir.)
  • Compensation: $100,000
  • Related: $0
  • Other: $5,000
Brenda Cordoba (President)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Giselle Alvarez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Roffman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Martinez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deisy Camey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trinidad Villagomez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Hage (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Del Carmen Sanchez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.faithinactionba.org

Where can I find the form 990 for Faith In Action Bay Area?

Faith In Action Bay Area's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.faithinactionba.org

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

Mission Statement of Faith In Action Bay Area

Faith In Action Bay Area is an organization committed to promoting racial and economic equity in the Bay Area region. Their mission is centered around developing community leaders who actively work towards changing systems to bring about this equality. In pursuit of this goal, they engage in economic justice initiatives, focusing on the inclusion of previously marginalized groups such as the formerly incarcerated, low-income individuals, individuals with educational deficits, and the undocumented. Furthermore, Faith In Action Bay Area engages in nonpartisan reform advocacy at the County, State, and Federal levels, advocating for policies that support these groups.

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Impact




July, 2024

Faith In Action Bay Area works to develop community leaders who organize to change systems in order to create racial and economic equity in the Bay Area region. Their impact can be seen in their economic justice initiatives, which focus on previously excluded workers such as the formerly incarcerated individuals, low-income persons, those with educational deficits, and the undocumented. Additionally, their nonpartisan reform advocacy at the County, State, and Federal levels helps address key issues affecting the community. Through their efforts, they are actively working towards creating a more equitable society in the Bay Area.




This information is meant to be a general summary of Faith In Action Bay Area. 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
$2,395,040 (2022)
Expenses
$1,708,618 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,983
  • Program Service Revenue: $87,550
  • Gross Receipts: $2,395,040

Assets and Liabilities:

  • Total Assets: $2,577,700
  • Total Liabilities: $135,197
  • Net Assets: $2,442,503

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Programs

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

Contract Income

Revenue

$74,211

Member Dues

Revenue

$13,339

Organization Details

Founding Year

1997

Principal Officer

Carolina Parrales

Main Address

1780 Broadway Street, Redwood City, CA, 94063

NTEE Category

Code: S20 - Community improvement

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