Overview
What is 101 Enterprises Foundation C/O Jenise Lacy?
The 101 Enterprises Foundation, headed by Jenise Lacy, is a nonprofit organization situated in Inglewood, California. With a small team of one individual, their primary focus is on assisting underserved teenagers and their families. They achieve this by organizing community fairs that provide essential hygiene products, clothing, and supplies. The foundation's mission extends beyond material aid, as they also strive to foster self-sufficiency and good citizenship among the youth and their families, encouraging personal accountability.
Official website here: www.101enterprisesfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects the organization's commitment to accountability and finance, indicating a solid overall performance. The score is derived entirely from a single beacon focused on accountability, showcasing the foundation's transparency in financial practices.
The 101 Enterprises Foundation demonstrates a strong governance structure with a fully independent board, earning perfect scores in this area. Notably, it has no material diversion of assets and maintains a healthy liabilities to assets ratio of 47.52%. The foundation's program expense ratio is commendable at 100%, indicating that all of its expenses are allocated toward its programs.
However, there are areas for improvement, particularly in the documentation of policies. The organization lacks a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction, all of which contributed to lower scores in those categories. Addressing these gaps could enhance the overall accountability and transparency of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is 101 Enterprises Foundation C/O Jenise Lacy legitimate?
101 Enterprises Foundation C/O Jenise Lacy is a legitimate nonprofit organization registered as a 501(c)(3) entity. 101 Enterprises Foundation C/O Jenise Lacy 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.101enterprisesfoundation.org
What is the mission statement of 101 Enterprises Foundation C/O Jenise Lacy?
The 101 Enterprises Foundation aims to support self-sufficiency for underprivileged youth and their families. Additionally, they strive to foster good citizenship and personal accountability within these communities. They accomplish this mission by organizing community fairs, providing essential hygiene information, products, clothing, and supplies to underprivileged teenagers and their families.
Official website here: www.101enterprisesfoundation.org
Who is the CEO of 101 Enterprises Foundation C/O Jenise Lacy?
Jenise Lacy is the Cfo of 101 Enterprises Foundation C/O Jenise Lacy. The CEO's salary of 101 Enterprises Foundation C/O Jenise Lacy is $0 and their total compensation is $0.
Official website here: www.101enterprisesfoundation.org
What is the revenue of 101 Enterprises Foundation C/O Jenise Lacy?
101 Enterprises Foundation C/O Jenise Lacy's revenue in 2022 was $62,851.
Official website here: www.101enterprisesfoundation.org
Who are the executives of 101 Enterprises Foundation C/O Jenise Lacy and what are their salaries?
The average compensation at 101 Enterprises Foundation C/O Jenise Lacy during 2022 was $18,000. There is 1 employee at 101 Enterprises Foundation C/O Jenise Lacy.
Here are 3 key members and their salaries (101 Enterprises Foundation C/O Jenise Lacy's CEO's salary is $0 and their total compensation is $0):
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.101enterprisesfoundation.org
Where can I find the form 990 for 101 Enterprises Foundation C/O Jenise Lacy?
101 Enterprises Foundation C/O Jenise Lacy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.101enterprisesfoundation.org
Learn more at the official website: www.101enterprisesfoundation.org
Mission Statement of 101 Enterprises Foundation C/O Jenise Lacy
The 101 Enterprises Foundation, led by Jenise Lacy, is dedicated to supporting self-sufficiency for underprivileged youth and their families. This nonprofit organization's mission is multifaceted, encompassing not only the promotion of self-sufficiency but also the cultivation of good citizenship and personal accountability among its beneficiaries.
In pursuit of this mission, the 101 Enterprises Foundation engages in various community outreach initiatives. One of their key activities is organizing community fairs, where they distribute essential hygiene information, products, clothing, and supplies to underprivileged teenagers and their families. By providing these resources, the foundation aims to empower these individuals and equip them with the tools necessary to lead independent lives.
In addition to these material support efforts, the 101 Enterprises Foundation also promotes values such as good citizenship and personal accountability. By encouraging these principles, the organization seeks to foster a sense of responsibility and engagement in their beneficiaries, thereby contributing to the overall betterment of their communities.
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Impact
August, 2024
101 Enterprises Foundation C/O Jenise Lacy's impact lies in supporting self-sufficiency for indigent youth and their families in Inglewood, CA. By promoting good citizenship and personal accountability, the organization conducts community fairs that provide hygiene information, products, clothing, and supplies to underserved teenagers and their families. Through these initiatives, they contribute to empowering vulnerable populations and fostering a sense of responsibility and community engagement.
This information is meant to be a general summary of 101 Enterprises Foundation C/O Jenise Lacy. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $62,851
Assets and Liabilities:
- Total Assets: $134,894
- Total Liabilities: $57,300
- Net Assets: $77,594
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Organization Details
Founding Year
2003
Principal Officer
Jenise Lacy
Main Address
112 S MARKET STREET SUITE 101, INGLEWOOD, CA, 90301
NTEE Category
Code: I21 - Crime
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