Overview
What is Kings Care Foundation?
Kings Care Foundation, based in El Segundo, California, is a philanthropic organization that donates to various charitable entities. Their primary mission is to aid these organizations in achieving their goals and objectives. By providing financial assistance, Kings Care Foundation plays a significant role in supporting the noble causes and initiatives these charities undertake. The specific beneficiaries and the nature of their projects are outlined in an attached statement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. This rating indicates that Kings Care Foundation demonstrates some accountability and financial transparency, but there are notable areas of concern. The organization has a high score for having an independent board, which can enhance governance, but the overall financial transparency is lacking, particularly due to missing financial statements and tax forms on their website.
Strengths of the organization include a strong program expense ratio of 91.56%, indicating that a large portion of their expenses go directly towards their programs. Furthermore, Kings Care Foundation has implemented sound policies such as conflict of interest and whistleblower policies, which are essential for maintaining ethical standards within the organization.
However, the rating reflects significant issues, particularly around financial documentation. The absence of critical financial statements and tax forms on their website has notably affected their score, leading to a low accountability and finance score. Additionally, the high liabilities to assets ratio of 87.95% raises concerns about their financial stability and capacity to manage debts effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Kings Care Foundation legitimate?
Kings Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kings Care 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 Kings Care Foundation?
The Kings Care Foundation's mission is centered around making donations to various charitable organizations, aiming to aid them in achieving their objectives and goals. The foundation's primary role is to provide financial assistance, thereby empowering these organizations to fulfill their aims effectively. While the information does not provide a detailed list of the charitable causes supported, it is evident that the Kings Care Foundation plays a significant role in facilitating the work of numerous charities.
Who is the CEO of Kings Care Foundation?
Joe Leibfried is the Vice President of Kings Care Foundation.
What is the revenue of Kings Care Foundation?
Kings Care Foundation's revenue in 2022 was $995,753.
Who are the executives of Kings Care Foundation and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $115,057
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- Related: $69,705
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- Related: $28,133
- Other: $0
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- Related: $10,554
- Other: $0
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Where can I find the form 990 for Kings Care Foundation?
Kings Care Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kings Care Foundation
The Kings Care Foundation is dedicated to making a significant impact by providing donations to numerous charitable organizations. Their mission is to aid these organizations in achieving their objectives and goals. By offering financial support, Kings Care Foundation plays a crucial role in enabling these nonprofits to carry out their missions effectively and efficiently. The foundation's contributions allow these organizations to continue their valuable work in various fields, such as education, healthcare, and social services, among others. The Kings Care Foundation's commitment to donating funds empowers these charitable organizations to make a positive difference in their communities and beyond.
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Impact
July, 2024
Kings Care Foundation's impact is felt through their donations to various charitable organizations, helping them meet their objectives and goals. These contributions play a significant role in improving communities and supporting important causes. The foundation's work helps make a positive difference in the lives of many people, showcasing a commitment to community improvement.
This information is meant to be a general summary of Kings Care 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: $808
- Gross Receipts: $1,255,855
Assets and Liabilities:
- Total Assets: $924,206
- Total Liabilities: $1,952,660
- Net Assets: -$1,028,454
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Organization Details
Founding Year
1994
Phone
(310) 535-4423Principal Officer
Joe Leibfried
Main Address
555 N NASH STREET, EL SEGUNDO, CA, 90245
NTEE Category
Code: S20 - Community improvement
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