Overview
What is Palmdale United Methodist Foundatio?
The Palmdale United Methodist Foundation is a nonprofit organization situated in Palmdale, California, specifically at 39055 N 10th St W, CA 93551. Their primary mission is to raise funds through various activities, with the ultimate goal of providing scholarships, memberships, and endowments to individuals in need. They have shown their commitment to this cause by offering scholarships to numerous young adults, enabling them to pursue higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
Palmdale United Methodist Foundation has received a low rating of 33%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with 100% independent members and a small size of 7, which is commendable, they fall short in critical areas such as transparency and policy implementation.
The foundation's lack of a conflict of interest policy, whistleblower policy, and proper document retention protocols are notable weaknesses. Additionally, their website is missing, which affects their transparency and accessibility to the public. With a program expense ratio of only 23.92%, the foundation appears to allocate a minimal amount of its resources towards its intended charitable programs.
Overall, while the foundation shows strengths in board independence and asset management, its considerable deficiencies in financial accountability and operational policies contribute to its low rating, raising concerns for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Palmdale United Methodist Foundatio legitimate?
Palmdale United Methodist Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmdale United Methodist Foundatio 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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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Palmdale United Methodist Foundatio?
The Palmdale United Methodist Foundation's mission is centered around raising funds through various activities. Their primary goal is to provide financial aid in the form of scholarships, memberships, and endowments to individuals in need. The organization has demonstrated this commitment by offering scholarships to numerous young adults, enabling them to pursue higher education. By engaging in fundraising activities, the Palmdale United Methodist Foundation aims to make a significant impact on the lives of those requiring financial assistance.
Who is the CEO of Palmdale United Methodist Foundatio?
Inge Strauss is the Scholarship of Palmdale United Methodist Foundatio.
What is the revenue of Palmdale United Methodist Foundatio?
Palmdale United Methodist Foundatio's revenue in 2022 was $6,848.
Who are the executives of Palmdale United Methodist Foundatio and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Palmdale United Methodist Foundatio?
Palmdale United Methodist Foundatio's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palmdale United Methodist Foundatio
The Palmdale United Methodist Foundation is an organization dedicated to raising funds through various activities. Its primary mission is to provide scholarships, memberships, and endowments to individuals in need. This nonprofit entity has shown its commitment by offering scholarships to numerous young adults, enabling them to pursue their higher education at colleges. The foundation's activities aim to alleviate financial burdens and provide opportunities for personal growth and development. By providing scholarships, the Palmdale United Methodist Foundation empowers individuals, fostering a sense of self-reliance and optimism for a brighter future.
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Impact
October, 2024
Palmdale United Methodist Foundation significantly impacts the community by offering financial support that enables young adults to pursue higher education. Through fundraising efforts, the foundation raises funds to provide scholarships, memberships, and endowments specifically designed for those in need. By facilitating access to college education, the foundation helps individuals gain the skills and knowledge necessary for personal and professional growth, ultimately benefiting the broader community in Palmdale, CA. This commitment to education fosters opportunities, reduces barriers to entry, and empowers the next generation to achieve their goals.
This information is meant to be a general summary of Palmdale United Methodist Foundatio. 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: -$20,148
- Gross Receipts: $6,848
Assets and Liabilities:
- Total Assets: $307,377
- Total Liabilities: $0
- Net Assets: $307,377
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Organization Details
Principal Officer
Inge Strauss
Main Address
39055 N 10TH ST W, PALMDALE, CA, 93551
NTEE Category
Code: B82 - Education
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