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Kb Foundation Of Texas

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

EIN: 270587589 ✦ Harlingen, TX ✦ Designated as a 501(c)(3)

Overview

What is Kb Foundation Of Texas?

Kb Foundation of Texas is a nonprofit organization situated in Harlingen, Texas, with a primary focus on addressing juvenile crime, graffiti, and gang violence in the local area. They accomplish this by establishing programs that offer alternative activities and mentoring for high-risk youth after school. These programs help to provide these young individuals with educational resources and opportunities to engage in athletics. Moreover, the foundation is committed to offering a safe environment for migrant families seeking asylum in the U.S., providing them with leased buildings for housing. The organization works closely with local law enforcement, Harlingen CISD, and the city of Harlingen to deliver intervention counseling to at-risk students and support them in completing their high school education.


Official website here: www.not applicable

Is Kb Foundation Of Texas legitimate?

Kb Foundation Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kb Foundation Of Texas 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: $215,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,800

For more financial information, click here


Official website here: www.not applicable

What is the mission statement of Kb Foundation Of Texas?

The Kb Foundation of Texas focuses on addressing juvenile crime, graffiti, and gang violence in its mission. To achieve this, the foundation establishes programs offering alternative activities after school for economically disadvantaged and high-risk youth. These activities include athletics and education, aiming to provide a safe environment and mentoring. Additionally, the organization provides educational tools and resources to high-risk students, collaborates with schools to prevent dropouts, and offers safe housing for migrant families seeking asylum. The foundation's activities are funded through program expenses, leveraging collaborations with local law enforcement agencies and educational institutions.


Official website here: www.not applicable

Who is the CEO of Kb Foundation Of Texas?

Karam S Boulos is the President of Kb Foundation Of Texas.


Official website here: www.not applicable

What is the revenue of Kb Foundation Of Texas?

Kb Foundation Of Texas's revenue in 2022 was $1,137,144.


Official website here: www.not applicable

Who are the executives of Kb Foundation Of Texas and what are their salaries?

The average compensation at Kb Foundation Of Texas during 2022 was $106,933. There are 3 employees at Kb Foundation Of Texas.

Here are 5 key members and their salaries:

    Karam S Boulos (President) [Trustee/Director]
  • Compensation: $215,000
  • Related: $0
  • Other: $0

    • Michael G Rodriguez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Poul Boulos (Key Employee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesus Munoz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramiro A Martinez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.not applicable

    Where can I find the form 990 for Kb Foundation Of Texas?

    The Kb Foundation Of Texas’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.not applicable

    Learn more at the official website: www.not applicable

    Mission Statement of Kb Foundation Of Texas

    The Kb Foundation of Texas is committed to addressing juvenile crime, graffiti, and gang violence in its area of operation. To achieve this, the organization establishes programs that offer alternative activities for high-risk youths after school. These activities include athletics and educational opportunities, providing a safe and engaging environment for these individuals. The foundation also focuses on mentoring and equipping these students with educational tools to help them succeed.

    In addition to addressing juvenile issues, the Kb Foundation of Texas is dedicated to providing a safe environment for migrant families seeking asylum in the United States. To accomplish this, the organization leases buildings to house these families, offering them a secure place to stay during their transition. The foundation's efforts extend beyond this, as it collaborates with local schools and city organizations to provide intervention counseling to 9th grade students, aiming to prevent them from dropping out of school. This holistic approach to community support demonstrates the Kb Foundation of Texas's commitment to fostering a safer and more enriching environment for all.

    Impact

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




    Thursday, August 15, 2024

    The Kb Foundation Of Texas is making a significant impact in the Harlingen, TX area by addressing juvenile crime, graffiti, and gang violence. The organization has established programs that provide high-risk youths with alternative activities after school, mentoring, and educational tools. They are working closely with local law enforcement agencies to reduce gang activities through various youth interventions, including a teen youth center where disadvantaged youths can participate in athletic and educational activities. Additionally, the organization is helping economically disadvantaged youth enhance their educational opportunities by providing study rooms with computers. They are also collaborating with schools and the city to provide intervention counseling to prevent dropouts among 9th grade students. Furthermore, the foundation is providing safe housing for migrant families seeking asylum in the U.S. by establishing buildings for lease. The Kb Foundation Of Texas is fulfilling its mission to create a safer environment for the community and support at-risk individuals and families.





    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: $0
  • Program Service Revenue: $1,132,416
  • Gross Receipts: $1,137,144

    • Assets and Liabilities:
  • Total Assets: $2,452,506
  • Total Liabilities: $1,400,332
  • Net Assets: $1,052,174
  • Programs

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

    BCFS HEALTH HUMAN SERVI

    Revenue

    $1,132,416

    Organization Details

    Founding Year

    2009

    Principal Officer

    Karam S Boulos

    Main Address

    2925 CLIFFORD ST, Harlingen, TX, 78550

    NTEE Category

    Code: P30 - Human services

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