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Richard Myles Johnson Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 956141173 ✦ Ontario, CA ✦ Designated as a 501(c)(3)

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Overview

What is Richard Myles Johnson Foundation?

The Richard Myles Johnson Foundation, situated in Ontario, California, is a nonprofit organization dedicated to promoting financial education among youth. They achieve this objective by supporting various programs, such as "Bite of Reality" and "Biz Kid$," which are initiated by credit unions in California and Nevada. The foundation's mission is to bolster the financial education initiatives of credit unions, with a particular focus on projects that cater to young people's financial literacy needs. The donations received by the foundation are channeled towards funding these meaningful youth financial education projects.


Official website here: www.rmjfoundation.org

Is Richard Myles Johnson Foundation legitimate?

Richard Myles Johnson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard Myles Johnson 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: $225,787

For more financial information, click here


Official website here: www.rmjfoundation.org

What is the mission statement of Richard Myles Johnson Foundation?

The Richard Myles Johnson Foundation is dedicated to supporting financial education initiatives, with a particular focus on youth financial literacy. The organization provides funds for meaningful projects that promote financial education among youth. Notably, the foundation supports programs like "Bite of Reality" and "Biz Kid$," which are credit union-backed initiatives that help young individuals understand financial matters better. By providing financial education, the foundation aims to empower young people to make informed financial decisions in the future.


Official website here: www.rmjfoundation.org

What is the revenue of Richard Myles Johnson Foundation?

Richard Myles Johnson Foundation's revenue in 2024 was $569,447.


Official website here: www.rmjfoundation.org

Who are the executives of Richard Myles Johnson Foundation and what are their salaries?

There 13 volunteers at Richard Myles Johnson Foundation.

Here are 14 key members and their salaries:


Heri Eddie Garcia (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Mesler (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Dangerfield (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Doty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Einstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latrice Mcglothin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Posey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Slosser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tena Lozano (Executive Director)
  • Compensation: $0
  • Related: $139,343
  • Other: $43,363


Official website here: www.rmjfoundation.org

Where can I find the form 990 for Richard Myles Johnson Foundation?

Richard Myles Johnson Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.rmjfoundation.org

Learn more at the official website: www.rmjfoundation.org

Mission Statement of Richard Myles Johnson Foundation

The Richard Myles Johnson Foundation is committed to backing the financial education initiatives of credit unions, with a particular emphasis on youth financial education. The organization's mission involves channeling donations towards impactful projects that promote financial literacy among young individuals. The foundation supports various credit union programs, such as "Bite of Reality" and "Biz Kid$," which are designed to educate youth about financial matters. By doing so, the Richard Myles Johnson Foundation plays a significant role in fostering financial competence among the younger generation, thereby equipping them with essential financial skills for their future.

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Impact




October, 2024

The Richard Myles Johnson Foundation significantly enhances financial literacy among youth in California and Nevada. By supporting programs like "Bite of Reality" and "Biz Kid$," the foundation empowers credit unions to provide engaging financial education initiatives. These efforts aim to equip young people with essential financial skills, fostering independence and responsible money management. The foundation's funding is directed toward impactful projects that help young individuals navigate financial challenges, ultimately contributing to a more financially literate generation.




This information is meant to be a general summary of Richard Myles Johnson 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.

Revenue
$569,447 (2024)
Expenses
$546,505 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $22,723
  • Program Service Revenue: $154,252
  • Gross Receipts: $656,978

Assets and Liabilities:

  • Total Assets: $638,297
  • Total Liabilities: $79,802
  • Net Assets: $558,495

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

APPLICATION CUSTOMIZAT

Revenue

$154,252

Organization Details

Founding Year

1958

Principal Officer

Tena Lozano

NTEE Category

Code: B00J - Education

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