Overview
What is Downey Police & Fire Foundation?
The Downey Police & Fire Foundation is a nonprofit organization, situated in Downey, California. Its primary mission is to offer aid and comfort to financially struggling employees and their families within the Downey Police and Fire Departments. One of their significant initiatives includes providing scholarships to students whose parents are employed in these departments. This support system helps to alleviate some of the financial burdens that these families may be facing. The Foundation's activities are geared towards offering comfort and assistance, demonstrating their commitment to the well-being of those who serve and protect their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30% (Zero-Star out of Four Star rating)
The Downey Police & Fire Foundation has received a rating of 30%, which corresponds to a Zero-Star rating. This rating reflects significant concerns regarding the organization’s accountability and financial practices. While the organization does have a strong independent board with 87% of its members being independent, there are notable deficiencies in transparency and documented policies.
One of the primary areas of concern is the lack of available information on the foundation's website, including the absence of its tax form and critical policies such as conflict of interest and whistleblower protections. These missing elements contribute to a weak accountability score, which ultimately affects the overall rating. Additionally, the program expense ratio stands at only 42.48%, indicating that a substantial portion of its finances may not be directed towards its programs.
In summary, while the foundation has a solid governance structure through its independent board, the lack of transparency and critical financial documentation significantly undermines its credibility. Prospective donors and supporters should consider these factors carefully when evaluating their support for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is Downey Police & Fire Foundation legitimate?
Downey Police & Fire Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downey Police & Fire 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.
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What is the mission statement of Downey Police & Fire Foundation?
The Downey Police & Fire Foundation's mission is centered around providing aid and comfort to those in need within the police and fire departments, specifically their employees and families. This is accomplished through various means, including offering financial assistance when required. One of their notable activities involves granting scholarships to students whose parents are employed in the Downey Police and Fire Departments. The foundation's primary goal is to support and uplift these individuals during challenging times.
What is the revenue of Downey Police & Fire Foundation?
Downey Police & Fire Foundation's revenue in 2023 was $156,594.
Who are the executives of Downey Police & Fire Foundation and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Downey Police & Fire Foundation?
Downey Police & Fire Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Downey Police & Fire Foundation
The Downey Police & Fire Foundation is committed to providing aid and comfort to those in need within the Police and Fire Departments and their families. This nonprofit organization's mission is centered around offering support, particularly in the form of scholarships, to students whose parents are employed within the Downey Police and Fire Departments. By providing this financial assistance, the Downey Police & Fire Foundation aims to alleviate some of the financial burdens faced by these families, allowing them to focus on their personal and professional growth.
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Impact
October, 2024
The Downey Police & Fire Foundation significantly impacts the community by providing essential aid and support to police and fire department employees and their families in need. Through their initiatives, they help alleviate financial burdens, ensuring that those who serve the community are cared for during difficult times.
One of the key aspects of their work includes offering scholarships to students whose parents are employed by the Downey Police and Fire Departments. This not only aids the families in pursuing higher education but also fosters a sense of community and appreciation for the dedication and sacrifices made by first responders. By focusing on both immediate assistance and educational opportunities, the foundation enhances the well-being of those who protect and serve the city of Downey, California.
This information is meant to be a general summary of Downey Police & Fire 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 2023.
- Investment Income: $25,784
- Gross Receipts: $191,425
Assets and Liabilities:
- Total Assets: $1,202,491
- Total Liabilities: $0
- Net Assets: $1,202,491
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Organization Details
Principal Officer
Mark Gillaspie
NTEE Category
Code: Z99Z - Unknown
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