Overview
What is John Edward Profant Foundation?
The John Edward Profant Foundation, situated in Santa Ana, California, is a nonprofit organization committed to fostering the development of artists. Through scholarships and grants, they support various arts education programs. Furthermore, the foundation showcases public performances and exhibits, aiming to provide a platform for artists of all ages. Their primary goal is to nurture and promote artistic talent, contributing to the cultural landscape within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The John Edward Profant Foundation has achieved a 79% score, reflecting a solid level of accountability and financial practices. This rating is derived entirely from its performance in accountability and finance metrics, which is critical for donor trust and organizational integrity. The foundation has a fully independent board, with 10 out of 10 points awarded for having all its members free of conflicts, contributing to its strong governance structure.
Strengths of the foundation include the absence of material asset diversion and the presence of key policies such as conflict of interest, whistleblower, and document retention policies, all of which received perfect scores. Additionally, the board consistently documents its meeting minutes, showcasing transparency. However, the organization has room for improvement in its financial efficiency, indicated by a program expense ratio of 63.5% and a liabilities to assets ratio of 58.8%, which suggest a need for better allocation of resources towards programmatic impact.
Overall, while the foundation demonstrates commendable governance and accountability, enhancing its financial practices would further strengthen its position and effectiveness in serving its mission. Donors may appreciate the organization's commitment to transparency, yet should consider the financial ratios when evaluating its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is John Edward Profant Foundation legitimate?
John Edward Profant Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Edward Profant Foundation submitted a form 990EZ, 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.
What is the mission statement of John Edward Profant Foundation?
The John Edward Profant Foundation's mission is centered around aiding developing artists. It accomplishes this by offering scholarships and grants for arts education programs and organizing public performances and exhibits. The primary objective of the foundation is to support artists of all ages, contributing to the growth and development of the arts community.
Who is the CEO of John Edward Profant Foundation?
Jocelyn V Profant is the President of John Edward Profant Foundation.
What is the revenue of John Edward Profant Foundation?
John Edward Profant Foundation's revenue in 2022 was $57,897.
Who are the executives of John Edward Profant Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990EZ for John Edward Profant Foundation?
John Edward Profant Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of John Edward Profant Foundation
The John Edward Profant Foundation is dedicated to aiding emerging artists by offering scholarships and grants for artistic education programs, alongside hosting public performances and exhibits. This nonprofit organization's primary objective is to foster and encourage the growth of artists from all age groups. By providing financial assistance and showcasing their talents through public events, the John Edward Profant Foundation aims to support and nurture the artistic community.
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Impact
August, 2024
The John Edward Profant Foundation has a significant impact on the development of artists through its provision of scholarships and grants for arts education programs. By supporting artists of all ages, the foundation helps individuals pursue their artistic passions and hone their creative skills. Additionally, the foundation's public performances and exhibits provide artists with opportunities to showcase their talents and connect with a wider audience, further enhancing their artistic growth and visibility. Overall, the John Edward Profant Foundation plays a vital role in nurturing and empowering emerging artists in Santa Ana, CA, and beyond.
This information is meant to be a general summary of John Edward Profant 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
- Program Service Revenue: $7,650
- Gross Receipts: $57,897
Assets and Liabilities:
- Total Assets: $157,338
- Total Liabilities: $70,358
- Net Assets: $86,980
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Organization Details
Principal Officer
Jocelyn V Profant
Main Address
2781 W MACARTHUR BLVD STE B307, SANTA ANA, CA, 92704
NTEE Category
Code: B82 - Education
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