Foundation Of Praise

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

EIN: 237448019 ✦ Escondido, CA ✦ Designated as a 501(c)(3)

Overview

What is Foundation Of Praise?

The Foundation of Praise is a nonprofit organization situated in Escondido, California. With a small team of four dedicated individuals, their primary mission is to distribute inspirational materials to various institutions and communities. These include ministries, prisons, hospitals, pregnancy centers, and the military. The organization responds to numerous requests for prayer and support, reaching out to individuals and prisoners alike. Their activities revolve around providing motivational resources, aiming to uplift and support those in need.


Is Foundation Of Praise legitimate?

Foundation Of Praise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of Praise 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.

Here are some key statistics you may want to consider:

Executive Compensation: $171,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,872

For more financial information, click here


What is the mission statement of Foundation Of Praise?
Who is the CEO of Foundation Of Praise?
What is the revenue of Foundation Of Praise?
Who are the executives of Foundation Of Praise and what are their salaries?
Where can I find the form 990 for Foundation Of Praise?

Mission Statement of Foundation Of Praise

The Foundation of Praise, as a nonprofit organization, is dedicated to providing inspirational materials to various institutions and communities in need. This includes ministries, prisons, hospitals, pregnancy centers, and the military. The mission of this organization is to spread inspiration and support through the distribution of motivational content. They respond to numerous requests for prayer and assistance from individuals and prisoners alike, demonstrating their commitment to uplifting spirits and offering comfort during challenging times.

Impact

This information is meant to be a general summary of Foundation Of Praise. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Foundation Of Praise's impact can be seen in the provision of inspirational materials to ministries, prisons, hospitals, pregnancy centers, and the military. Their work involves responding to numerous calls and correspondence requesting prayer and support from individuals and prison inmates. Through their efforts, they are able to offer spiritual guidance and support to a wide range of individuals and institutions in need. Their mission of providing inspirational materials to these various sectors plays a vital role in spreading positivity and hope within communities and among individuals facing challenging circumstances.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $213,586
  • Program Service Revenue: $85,440
  • Gross Receipts: $676,356

    • Assets and Liabilities:
  • Total Assets: $5,953,519
  • Total Liabilities: $2,115
  • Net Assets: $5,951,404
  • Programs

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

    BOOKS/CDS

    Revenue

    $85,440

    Organization Details

    Founding Year

    1974

    Principal Officer

    Joann Thomas

    Main Address

    PO BOX 2518, ESCONDIDO, CA, 92033

    NTEE Category

    Code: X80 - Religion related

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