Overview
What is South Bay Police And Fire Memorial Foundation?
The South Bay Police and Fire Memorial Foundation, located in Redondo Beach, California, is a nonprofit organization with a commendable mission. Established to honor the bravery and heroism of police officers and firefighters, it awards the Medal of Valor to individuals who demonstrate outstanding meritorious actions beyond the usual demands of protection service. The foundation's primary purpose is to support the families of these brave individuals who have been disabled or lost their lives in the line of duty since its inception. This support extends beyond financial aid, offering emotional and practical assistance to help them navigate through these challenging times.
Official website here: www.sbpoliceandfire.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 49% (Zero-Star out of Four Star Rating)
The South Bay Police And Fire Memorial Foundation has received a Zero-Star rating from Charity Navigator, primarily due to its low score in Accountability and Finance, which stands at 49%. This rating indicates significant concerns regarding the organization's financial management and transparency, particularly as the overall score is derived solely from this category.
While the foundation does excel in certain areas, such as having an entirely independent board and no material diversion of assets, it lacks essential governance policies. Specifically, it does not have a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy in place. Additionally, the foundation has not posted its board meeting minutes or its tax form on its website, which are critical for transparency and accountability.
Despite having a favorable liabilities-to-assets ratio and a reasonable program expense ratio, the lack of critical governance policies and documentation detracts from the organization's overall accountability. Prospective donors may want to consider these factors when evaluating their support for the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is South Bay Police And Fire Memorial Foundation legitimate?
South Bay Police And Fire Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bay Police And Fire Memorial 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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Official website here: www.sbpoliceandfire.com
What is the mission statement of South Bay Police And Fire Memorial Foundation?
The South Bay Police And Fire Memorial Foundation's primary mission is to provide support to the families of police officers and firefighters who have been disabled or lost their lives in the line of duty. This benefit applies to individuals who have experienced such hardships since the establishment of the foundation. The organization also recognizes and honors the bravery, heroism, and outstanding meritorious actions of individual police officers and firefighters through the presentation of the Medal of Valor.
Official website here: www.sbpoliceandfire.com
Who is the CEO of South Bay Police And Fire Memorial Foundation?
Captain Vince Osorio is the President of South Bay Police And Fire Memorial Foundation.
Official website here: www.sbpoliceandfire.com
What is the revenue of South Bay Police And Fire Memorial Foundation?
South Bay Police And Fire Memorial Foundation's revenue in 2023 was $72,533.
Official website here: www.sbpoliceandfire.com
Who are the executives of South Bay Police And Fire Memorial Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.sbpoliceandfire.com
Where can I find the form 990 for South Bay Police And Fire Memorial Foundation?
South Bay Police And Fire Memorial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sbpoliceandfire.com
Learn more at the official website: www.sbpoliceandfire.com
Mission Statement of South Bay Police And Fire Memorial Foundation
The South Bay Police And Fire Memorial Foundation, in its mission, aims to support the families of police officers and firefighters who have been disabled or lost their lives while performing their duties. This assistance extends to individuals who have faced such hardships since the foundation's inception. In addition to this primary purpose, the organization also honors exceptional individuals in the law enforcement and firefighting sectors with the Medal of Valor. This award recognizes those who have displayed extraordinary bravery, heroism, or meritorious actions beyond the usual expectations of their protective service roles.
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Impact
August, 2024
The impact of the South Bay Police and Fire Memorial Foundation is profound, as it provides vital support to the families of police officers and firefighters who have been disabled or killed in the line of duty. The foundation's mission to benefit these families showcases a deep commitment to honoring and assisting those who have sacrificed so much in service to their communities. Through initiatives such as the Medal of Valor, which recognizes extraordinary acts of bravery and heroism, the foundation ensures that these individuals are remembered and celebrated for their exceptional dedication beyond the normal demands of their roles. Overall, the foundation's work stands as a crucial source of assistance and recognition for those in the police and fire services, underscoring the community's support and gratitude for their selfless contributions.
This information is meant to be a general summary of South Bay Police And Fire Memorial 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: $48,849
- Gross Receipts: $177,448
Assets and Liabilities:
- Total Assets: $1,437,624
- Total Liabilities: $0
- Net Assets: $1,437,624
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Organization Details
Founding Year
1995
Phone
(310) 379-2477Principal Officer
Captain Vince Osorio
Main Address
407 NORTH PACIFIC COAST HWY 1098, REDONDO BEACH, CA, 90277
Website
www.sbpoliceandfire.comNTEE Category
Code: P60Z - Human services
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