Overview
What is Partners For Potential Inc?
Partners For Potential Inc, located in Van Nuys, California, is a nonprofit organization dedicated to empowering multicultural adults with developmental disabilities. Their mission is to promote independence and enhance access to community resources, ultimately improving their quality of life. They provide a wide range of services, including a community-based adult day program, transportation, and instruction in independent living skills. Their training programs cover essential aspects such as self-determination, adult life skills, mobility, and employment. These training sessions take place at various community locations, including adult schools, libraries, parks, and public transportation networks. The organization's workforce consists of 71 dedicated individuals.
Official website here: www.partnersforpotential.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.
Partners For Potential Inc demonstrates a strong commitment to accountability and financial management, achieving a high overall score of 96%. The organization boasts a fully independent board of directors, with a significant proportion of its board members dedicated to governance and oversight. Its financial practices are transparent and responsible, with no material diversion of assets reported.
The nonprofit excels in program efficiency, with an impressive program expense ratio of nearly 89.5%, indicating that the majority of its funds are allocated directly to its programs. Additionally, it has robust policies in place, including a conflict of interest policy and a whistleblower policy, enhancing its operational integrity. These strengths contribute to the organization’s positive reputation among donors and stakeholders.
While the data reflects strong governance and financial health, there are no noted limitations or areas for improvement within the provided information. Overall, Partners For Potential Inc appears to be a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Partners For Potential Inc legitimate?
Partners For Potential Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners For Potential 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: $150,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,936,558
For more financial information, click here
Official website here: www.partnersforpotential.org
What is the mission statement of Partners For Potential Inc?
Partners For Potential Inc was established with a mission to offer programs and services that foster independence, access to community resources, and an improved quality of life for multicultural adults with developmental disabilities and underserved populations. The organization provides community integration, vocational, and life skills training to help these individuals become more self-reliant. Their activities include a community-based adult day program, transportation services, and instruction in independent living skills. The training program covers areas such as self-determination, adult life skills, mobility, and employment. The sessions take place at various community locations, including adult schools, libraries, parks, and public transportation networks.
Official website here: www.partnersforpotential.org
Who is the CEO of Partners For Potential Inc?
Erik Hendrickson is the Chair of Partners For Potential Inc. The CEO's salary of Partners For Potential Inc is $115,000 and their total compensation is $115,000.
Official website here: www.partnersforpotential.org
What is the revenue of Partners For Potential Inc?
Partners For Potential Inc's revenue in 2022 was $3,330,652.
Official website here: www.partnersforpotential.org
Who are the executives of Partners For Potential Inc and what are their salaries?
The average compensation at Partners For Potential Inc during 2022 was $29,393. There are 71 employees at Partners For Potential Inc.
Here are 13 key members and their salaries (Partners For Potential Inc's CEO's salary is $115,000 and their total compensation is $115,000):
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Official website here: www.partnersforpotential.org
Where can I find the form 990 for Partners For Potential Inc?
Partners For Potential Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.partnersforpotential.org
Learn more at the official website: www.partnersforpotential.org
Mission Statement of Partners For Potential Inc
Partners For Potential Inc was established with a mission to enhance the lives of multicultural adults with developmental disabilities and underserved populations. The organization aims to promote independence and provide access to community resources, ultimately leading to a better quality of life for its beneficiaries. To achieve this mission, Partners For Potential Inc offers a range of programs and services.
One of their primary offerings is community-based adult day programs, which provide a supportive environment for adults with developmental disabilities to learn and grow. These programs offer supervision and training in various life skills, such as self-determination, adult living, mobility, and employment. These training sessions are conducted at various locations in the community, including adult schools, libraries, parks, and public transportation networks.
In addition to adult day programs, Partners For Potential Inc also provides transportation services. This is crucial as mobility is a significant challenge for many individuals with developmental disabilities. By offering transportation, the organization helps its beneficiaries to access community resources more easily, thereby promoting their independence. The organization's comprehensive approach to supporting its clients ensures that they can live fulfilling lives, integrated into their communities.
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Impact
July, 2024
Partners For Potential Inc's impact is evident in the improved independence, access to community resources, and overall enhanced quality of life for multicultural adults with developmental disabilities and other underserved populations. Through their programs that focus on community integration, vocational training, and life skills development, they have provided valuable support and empowerment to individuals in need. By offering supervision and training in crucial areas such as self-determination, adult life skills, mobility, and employment, Partners For Potential Inc has effectively contributed to the personal growth and development of their participants. Their commitment to inclusivity and empowerment is reflected in the various locations where training takes place, including adult schools, libraries, parks, and public transportation networks. Overall, Partners For Potential Inc's dedication to serving and enhancing the lives of adults with developmental disabilities has made a significant and positive impact on the community.
This information is meant to be a general summary of Partners For Potential 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 2022.
- Investment Income: $9,668
- Program Service Revenue: $3,268,912
- Gross Receipts: $3,330,652
Assets and Liabilities:
- Total Assets: $3,144,850
- Total Liabilities: $817,474
- Net Assets: $2,327,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY PROGRAM
Revenue
$2,980,608
DAY PROGRAM TRANSPORTA
Revenue
$285,792
Organization Details
Founding Year
1982
Phone
(818) 997-0819Principal Officer
Erik Hendrickson
Main Address
6255 VAN NUYS BLVD, VAN NUYS, CA, 91401
Website
www.partnersforpotential.orgNTEE Category
Code: P84Z - Human services
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