Overview
What is Front Porch Communities Foundation?
Front Porch Communities Foundation is a nonprofit organization that offers financial support to the residents of retirement communities previously managed by Pacific Homes, now under the ownership of Front Porch, a non-profit corporation. The foundation's primary mission is to provide direct assistance to residents who encounter financial difficulties, as well as to raise and distribute funds for the purchase of equipment to enhance their quality of life. They also invest in renovating and replacing existing capital assets to maintain the high standards of living in these communities. In essence, the Front Porch Communities Foundation strives to improve the wellbeing and living conditions of its residents.
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
Front Porch Communities Foundation has achieved an impressive 95% score, highlighting its strong commitment to accountability and financial transparency. The organization boasts a fully independent board, excellent oversight mechanisms, and no issues related to asset diversion, indicating a high level of governance and integrity in its operations.
The nonprofit demonstrates a strong dedication to program efficiency, with 93.49% of its expenses directed towards programs. Additionally, its financial health is evidenced by a low liabilities-to-assets ratio and substantial working capital, providing reassurance to donors about the organization's sustainability and ability to fulfill its mission over the long term.
However, there is a notable concern regarding fundraising efficiency, where the organization received a low score of $0.002. This suggests that while Front Porch Communities Foundation is effective in its programming and management, it may need to enhance its fundraising strategies to improve overall efficiency and maximize donor contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Front Porch Communities Foundation legitimate?
Front Porch Communities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Front Porch Communities 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: $0
For more financial information, click here
What is the mission statement of Front Porch Communities Foundation?
The Front Porch Communities Foundation's mission is to offer financial assistance to residents facing financial hardships in retirement communities, previously managed by Pacific Homes and now owned by Front Porch (a non-profit corporation). The foundation provides direct aid programs and raises funds for the purchase of equipment to enhance the residents' quality of life. Additionally, they allocate resources for the renovation and replacement of existing capital assets.
Who is the CEO of Front Porch Communities Foundation?
Eduardo Salvador is the Ceo of Front Porch Communities Foundation. The CEO's salary of Front Porch Communities Foundation is $0 and their total compensation is $1,042,970.
What is the revenue of Front Porch Communities Foundation?
Front Porch Communities Foundation's revenue in 2022 was $4,435,086.
Who are the executives of Front Porch Communities Foundation and what are their salaries?
There 7 volunteers at Front Porch Communities Foundation.
Here are 8 key members and their salaries (Front Porch Communities Foundation's CEO's salary is $0 and their total compensation is $1,042,970):
- Compensation: $0
- Related: $1,032,702
- Other: $10,268
- Compensation: $0
- Related: $543,764
- Other: $49,111
- Compensation: $0
- Related: $471,771
- Other: $11,719
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Front Porch Communities Foundation?
Front Porch Communities Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Front Porch Communities Foundation
Front Porch Communities Foundation, a non-profit organization, is dedicated to supporting the residents of retirement communities formerly owned by Pacific Homes and now under Front Porch's management. The foundation's primary mission is twofold. Firstly, it provides financial aid to residents who are experiencing financial hardship. Secondly, it raises and distributes funds for the purchase of equipment to enhance the residents' quality of life. Additionally, the foundation invests in the renovation and replacement of existing capital assets to further improve the living conditions of these residents. In essence, Front Porch Communities Foundation aims to alleviate financial burdens and enhance the overall living experience for its beneficiaries.
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Impact
July, 2024
Front Porch Communities Foundation directly supports residents in retirement communities, providing financial assistance to those facing hardship. They also raise funds to purchase equipment that enhances residents' quality of life and renovate existing capital assets. Their impact is seen in the improved well-being and support for the elderly residents in these communities, ultimately enhancing their overall health and quality of life.
This information is meant to be a general summary of Front Porch Communities 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,845,023
- Gross Receipts: $4,435,086
Assets and Liabilities:
- Total Assets: $38,541,264
- Total Liabilities: $1,234,185
- Net Assets: $37,307,079
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Organization Details
Founding Year
1983
Phone
(818) 729-8100Principal Officer
Eduardo Salvador
Main Address
800 N Brand Blvd 19th Floor, Glendale, CA, 91203
NTEE Category
Code: E190 - Health
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