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Ludlow Boys And Girls Club Inc Charitable Foundation

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

EIN: 046747189 ✦ Ludlow, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ludlow Boys And Girls Club Inc Charitable Foundation?

The Ludlow Boys and Girls Club Inc Charitable Foundation, located in Ludlow, Massachusetts at 91 Claudias Way, is a nonprofit organization dedicated to providing financial aid to charitable and educational institutions. Their primary mission is to offer monetary support to these organizations, contributing to their causes and initiatives. The foundation's objective is to contribute to the betterment of various sectors through charitable donations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)

Ludlow Boys And Girls Club Inc Charitable Foundation has received a poor rating of 33% from Charity Navigator, which translates to a Zero-Star rating. This low score primarily stems from concerns related to accountability and finance, with several key policies and documentation missing. While the organization excels in having a fully independent board, it falls short in essential operational transparency.

The organization scored well in certain areas, such as having 100% independent board members and no material diversion of assets. However, critical policies including a conflict of interest policy, whistleblower policy, and document retention policy were all absent, leading to significant deductions in their rating. Additionally, the lack of a publicly accessible website further detracts from the foundation's overall accountability.

In summary, while the Ludlow Boys And Girls Club Inc Charitable Foundation has some strengths, particularly in governance, its overall effectiveness is hindered by missing operational policies and the absence of a website. Stakeholders may wish to consider these limitations when evaluating the organization’s impact and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Ludlow Boys And Girls Club Inc Charitable Foundation legitimate?

Ludlow Boys And Girls Club Inc Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ludlow Boys And Girls Club Inc Charitable 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.


Heare 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 Ludlow Boys And Girls Club Inc Charitable Foundation?

The Ludlow Boys and Girls Club Inc Charitable Foundation's mission is focused on providing financial aid to charitable and educational organizations. By doing so, they aim to contribute positively to various communities and initiatives, potentially impacting numerous lives. The foundation's primary activity involves offering monetary support to these organizations, thereby helping them to carry out their own missions and assist those in need.

Who is the CEO of Ludlow Boys And Girls Club Inc Charitable Foundation?

John Manganaro is the Trustee of Ludlow Boys And Girls Club Inc Charitable Foundation.

What is the revenue of Ludlow Boys And Girls Club Inc Charitable Foundation?

Ludlow Boys And Girls Club Inc Charitable Foundation's revenue in 2022 was $21,985.

Who are the executives of Ludlow Boys And Girls Club Inc Charitable Foundation and what are their salaries?

There 6 volunteers at Ludlow Boys And Girls Club Inc Charitable Foundation.


Here are 6 key members and their salaries:


Timm Marini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Forzano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Goncalves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Manganaro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Randall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Sheehan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ludlow Boys And Girls Club Inc Charitable Foundation?

Ludlow Boys And Girls Club Inc Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ludlow Boys And Girls Club Inc Charitable Foundation

Ludlow Boys and Girls Club Inc Charitable Foundation is committed to providing financial support to charitable and educational organizations. Through its mission, this nonprofit aims to contribute financially to various organizations that are dedicated to making a positive impact in communities. The foundation's primary goal is to foster growth and development in these organizations, enabling them to carry out their activities effectively and make a difference in people's lives. By providing financial assistance, Ludlow Boys and Girls Club Inc Charitable Foundation plays a crucial role in supporting the vital work of charities and educational institutions, enabling them to continue their efforts and achieve their objectives.

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Impact




August, 2024

Ludlow Boys And Girls Club Inc Charitable Foundation has a significant impact by providing financial support to charitable and educational organizations. Through their donations, they contribute to the betterment of society and facilitate the work of various nonprofits. Their philanthropic efforts play a crucial role in supporting important causes and initiatives that benefit the community and promote positive change.




This information is meant to be a general summary of Ludlow Boys And Girls Club Inc Charitable Foundation. 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.

Revenue
$21,985 (2022)
Expenses
$240 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,688
  • Gross Receipts: $21,985

Assets and Liabilities:

  • Total Assets: $599,815
  • Total Liabilities: $0
  • Net Assets: $599,815

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Organization Details

Founding Year

1993

Principal Officer

John Manganaro

Main Address

91 CLAUDIAS WAY, LUDLOW, MA, 01026

NTEE Category

Code: T31Z - Philanthropy

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