Overview
What is Pasadena First Baptist Church Foundation?
Pasadena First Baptist Church Foundation is a nonprofit organization established to support the First Baptist Church of Pasadena, California. Located at 75 N Marengo Ave, Pasadena, the foundation's primary mission is to receive donated funds and invest them to aid the church in advancing Christian faith and practices. The foundation's activities primarily focus on repair, renovation, and maintenance of the church's facility and equipment. This commitment ensures the church's infrastructure remains in optimal condition to serve its community, promoting the growth of Christian beliefs and practices in individuals' lives and group relationships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Pasadena First Baptist Church Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating serious concerns regarding its accountability and financial practices. With an overall score of 50%, the foundation's lack of independent board members and missing critical policies such as conflict of interest and whistleblower protections significantly impacted its score.
On a positive note, the organization has demonstrated strong program expense ratios, allocating 91.03% of its expenditures directly to its programs, which suggests a commitment to its mission-driven activities. Additionally, there is no indication of material diversion of assets, reflecting financial integrity in that aspect.
However, the absence of transparency measures, including the failure to list a website on tax forms and the lack of publicly available board meeting minutes, raises questions about governance and operational practices. As a result, potential donors and supporters may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Pasadena First Baptist Church Foundation legitimate?
Pasadena First Baptist Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pasadena First Baptist Church 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 Pasadena First Baptist Church Foundation?
The Pasadena First Baptist Church Foundation's mission is centered around receiving donated funds and utilizing them to aid in the advancement of the Christian faith and Christian practices in personal lives and group relationships. This is accomplished either through the income generated from investing the funds or by directly using the funds when necessary. The primary objective of the foundation is to support the First Baptist Church of Pasadena in its efforts to promote Christian beliefs and practices. Additionally, the foundation is involved in the maintenance and upkeep of the church's facility and equipment.
Who is the CEO of Pasadena First Baptist Church Foundation?
Rebecca Takahashi is the President of Pasadena First Baptist Church Foundation.
What is the revenue of Pasadena First Baptist Church Foundation?
Pasadena First Baptist Church Foundation's revenue in 2022 was $956,950.
Who are the executives of Pasadena First Baptist Church Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pasadena First Baptist Church Foundation?
Pasadena First Baptist Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pasadena First Baptist Church Foundation
The Pasadena First Baptist Church Foundation's mission is centered around receiving donated funds and utilizing the income derived from their investment or the funds themselves to aid the First Baptist Church of Pasadena in promoting Christian faith and practices. This mission extends to influencing personal lives and fostering positive group relationships. The foundation's objectives are geared towards assisting the church in its endeavors to advance these principles.
In essence, the Pasadena First Baptist Church Foundation serves as a financial support system for the First Baptist Church of Pasadena, enabling it to carry out its mission of fostering Christian beliefs and values. Through the foundation, the church is able to receive monetary contributions and invest them to generate income, which can then be utilized to further its goals. This collaborative approach allows the church to focus on its spiritual mission, while the foundation manages the financial aspects.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Pasadena First Baptist Church Foundation's impact is focused on advancing the Christian faith and Christian practices within personal lives and group relationships. The foundation receives donated funds to assist the First Baptist Church of Pasadena in various ways, such as repairing, renovating, and maintaining the church facility and equipment. Through these efforts, the foundation plays a vital role in supporting the church's mission to engage and strengthen the local community in matters of faith and spirituality.
This information is meant to be a general summary of Pasadena First Baptist Church 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: $58,842
- Gross Receipts: $3,193,854
Assets and Liabilities:
- Total Assets: $4,741,419
- Total Liabilities: $0
- Net Assets: $4,741,419
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1958
Phone
(626) 482-0712Principal Officer
Rebecca Takahashi
Main Address
75 N MARENGO AVE, PASADENA, CA, 91101
NTEE Category
Code: X21I - Religion related
If you are a representative of Pasadena First Baptist Church Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.