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510 Foundation

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

EIN: 455352900 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

Overview

What is 510 Foundation?

The 510 Foundation is a nonprofit organization situated in Nashville, Tennessee, specifically at 510 Woodland Street. Established with religious, charitable, and educational purposes, its main focus is to fund programs that support local ministries affiliated with Nashville First Church of the Nazarene and other exempt organizations, aiming to positively impact communities within Middle Tennessee. The foundation provides essential outreach services to needy individuals and families in the East Nashville community, including counseling, recreation, food, and household supplies. Additionally, they offer language, art, and music lessons, demonstrating a holistic approach to community enrichment and support.


Is 510 Foundation legitimate?

510 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 510 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.

Here 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 510 Foundation?
Who is the CEO of 510 Foundation?
What is the revenue of 510 Foundation?
Who are the executives of 510 Foundation and what are their salaries?
Where can I find the form 990 for 510 Foundation?

Mission Statement of 510 Foundation

The 510 Foundation is an organization that operates with religious, charitable, and educational purposes. Its primary goal is to fund programs that support the local ministries of Nashville First Church of the Nazarene and other exempt organizations that benefit communities in Middle Tennessee. The foundation's mission is to extend a helping hand to those in need, empowering various organizations to make a positive impact in their respective communities.

One of the ways the 510 Foundation fulfills its mission is by providing financial assistance to East Nashville Life, a ministry of Nashville First Church of the Nazarene, which serves the East Nashville community. The foundation's grant allows East Nashville Life to offer a range of outreach services, including counseling, recreational activities, food, and household supplies for disadvantaged individuals and families. Moreover, the 510 Foundation supports the development of language, art, and music lessons for the community. This holistic approach to community support aims to uplift and empower those in need, fostering a sense of positivity and growth within Middle Tennessee's communities.

Impact

This information is meant to be a general summary of 510 Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The 510 Foundation's impact can be seen through its support for local ministries of the Nashville First Church of the Nazarene and other exempt organizations in Middle Tennessee. Specifically, the foundation has granted funds to East Nashville Life, a ministry of the Nashville First Church of the Nazarene, to provide outreach services including counseling, recreation, food, household supplies, language, art, and music lessons to individuals and families in need in the East Nashville community. Through its philanthropic efforts, the 510 Foundation contributes to the well-being and support of communities in Middle Tennessee.





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: $-186,909
  • Program Service Revenue: $0
  • Gross Receipts: $484,698

    • Assets and Liabilities:
  • Total Assets: $1,263,826
  • Total Liabilities: $52,216
  • Net Assets: $1,211,610
  • Organization Details

    Founding Year

    2012

    Principal Officer

    David Haynes

    Main Address

    510 WOODLAND STREET, NASHVILLE, TN, 37206

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of 510 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.