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Favorable Productions Inc

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

EIN: 852500685 ✦ Lomita, CA ✦ Designated as a 501(c)(3)

Overview

What is Favorable Productions Inc?

Favorable Productions Inc, a community-focused nonprofit based on video production services, offers a unique mentorship program for youth, guiding them through the entire video production process from conception to project completion. In response to the COVID-19 pandemic, the organization has expanded its mission to provide essential support to those affected. This includes mental health and aftercare counseling, transportation for COVID-19 testing and doctor visits, and temporary housing for individuals who have contracted or been directly impacted by the virus. By doing so, Favorable Productions Inc serves as a valuable resource to its community, fostering creativity and well-being during challenging times.


Official website here: www.favorableproductions.com

Is Favorable Productions Inc legitimate?

Favorable Productions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Favorable Productions Inc 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: $401,000

For more financial information, click here


Official website here: www.favorableproductions.com

What is the mission statement of Favorable Productions Inc?

Favorable Productions Inc's primary mission is to offer video production services to the community, incorporating a mentorship program that guides youth through the entire production process, from conception to project completion. In response to the Covid-19 pandemic, the organization expanded its mission to provide essential services, including Covid-19 testing transportation, temporary housing, and counseling for individuals who have contracted or been impacted by the virus.


Official website here: www.favorableproductions.com

What is the revenue of Favorable Productions Inc?

Favorable Productions Inc's revenue in 2020 was $1,286,000.


Official website here: www.favorableproductions.com

Who are the executives of Favorable Productions Inc and what are their salaries?

There is 1 key member and their salary:

    Randi Mcwilliams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.favorableproductions.com

    Where can I find the form 990 for Favorable Productions Inc?

    The Favorable Productions Inc’s most recent form 990 was submitted in 2020 and can be accessed here


    Official website here: www.favorableproductions.com

    Learn more at the official website: www.favorableproductions.com

    Mission Statement of Favorable Productions Inc

    Favorable Productions Inc, a community-focused organization, is dedicated to facilitating video production services. Their primary mission involves creating a mentorship program, educating youth in the intricacies of video production, from preparation to the completion of a project. However, in response to the unprecedented pandemic caused by Covid-19 in 2020, Favorable Productions Inc expanded their mission. They now provide essential services to those affected by the virus, including Covid-19 testing transportation, temporary housing, and counseling. This additional mission aims to support individuals directly impacted by the deadly virus.

    Impact

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




    Saturday, July 20, 2024

    Favorable Productions Inc has had a significant impact on the community by providing valuable video production services through a mentorship program for youth. By teaching young individuals the intricacies of video production, the organization not only offers creative opportunities but also develops valuable skills that can lead to future success.

    Furthermore, during the challenging times of the COVID-19 pandemic, Favorable Productions expanded its mission to provide essential support services to those affected by the virus. This included offering COVID-19 testing transportation, temporary housing, and counseling to individuals directly impacted by the virus. This comprehensive approach demonstrates the organization's commitment to the well-being of the community and its ability to adapt to emergent needs.

    Overall, Favorable Productions Inc's dual focus on creative education and community support has made a positive and lasting impact on the lives of those it serves.





    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 2020.

  • Investment Income: $0
  • Program Service Revenue: $706,000
  • Gross Receipts: $1,838,000

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

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

    923130

    Revenue

    $225,000

    624200

    Revenue

    $174,000

    925110

    Revenue

    $127,000

    480000

    Revenue

    $94,000

    512110

    Revenue

    $86,000

    Organization Details

    Founding Year

    2019

    Main Address

    25835 NARBONNE AVE STE 200C, Lomita, CA, 90717

    NTEE Category

    Code: A31 - Arts

    If you are a representative of Favorable Productions Inc 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.