Overview
What is The Mickey Lione Jr Fund Inc?
The Mickey Lione Jr Fund Inc, situated in Stamford, Connecticut, is a nonprofit organization dedicated to honoring the legacy of Mickey Lione Jr. By following his instruction and example, the Fund encourages high school students to strive for personal excellence and positively influence their peers. To achieve this mission, they provide scholarships and grants to outstanding students who meet the established criteria for leadership and achievement. The Fund's activities are aimed at perpetuating Mickey Lione Jr.'s impact on young people, fostering a spirit of excellence and positive change.
Official website here: www.mickeylionefund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Mickey Lione Jr Fund Inc has received an 83% rating from Charity Navigator, which translates to a Three-Star rating. This score is solely derived from its Accountability & Finance metrics, indicating a strong standing in managing its finances and resources responsibly. The organization demonstrates a solid commitment to transparency and governance, performing well in areas such as having a fully independent board and proper documentation practices.
Strengths of the organization include its impressive accountability measures, such as a 100% independent board and a perfect score for the absence of material diversion of assets. Additionally, a significant portion of its expenses, 91.23%, goes directly to programs, highlighting its effectiveness in utilizing funds for charitable purposes. The organization has also maintained a strong liabilities-to-assets ratio of 0.00%, further underscoring its financial health.
While the ratings reflect positive attributes, it is essential for potential donors to consider the overall impact and effectiveness of the programs offered by the fund. Though the financial management appears robust, stakeholders may want to look into the specific outcomes of the funded initiatives to fully assess the charity's broader mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Mickey Lione Jr Fund Inc legitimate?
The Mickey Lione Jr Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mickey Lione Jr Fund 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.
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Official website here: www.mickeylionefund.org
What is the mission statement of The Mickey Lione Jr Fund Inc?
The Mickey Lione Jr Fund Inc is dedicated to carrying forward the legacy of Mickey Lione Jr., who inspired young individuals to strive for personal excellence and make a positive impact on their peers. The primary mission of the fund is to perpetuate this philosophy. To accomplish this, they provide scholarships and grants to high school students who exemplify leadership and excellence, encouraging the next generation to follow in Mickey Lione Jr.'s footsteps. The goal is to foster personal growth and positive influence among young people, thereby ensuring his teachings and values continue to impact society.
Official website here: www.mickeylionefund.org
What is the revenue of The Mickey Lione Jr Fund Inc?
The Mickey Lione Jr Fund Inc's revenue in 2024 was $30,601.
Official website here: www.mickeylionefund.org
Who are the executives of The Mickey Lione Jr Fund Inc and what are their salaries?
There 20 volunteers at The Mickey Lione Jr Fund Inc.
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Official website here: www.mickeylionefund.org
Where can I find the form 990 for The Mickey Lione Jr Fund Inc?
The Mickey Lione Jr Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mickeylionefund.org
Learn more at the official website: www.mickeylionefund.org
Mission Statement of The Mickey Lione Jr Fund Inc
The Mickey Lione Jr Fund Inc, in honoring the legacy of Mickey Lione Jr., is dedicated to perpetuating his teachings and example, which encouraged young individuals to strive for personal excellence and make a positive impact on their peers. In line with this mission, the Fund pursues its objectives by providing scholarships and grants to high school students who exemplify leadership and excellence, according to established criteria. By doing so, The Mickey Lione Jr Fund Inc aims to inspire and support the next generation of leaders, fostering a continued impact in their communities.
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Impact
August, 2024
The Mickey Lione Jr Fund Inc is making a significant impact by providing scholarships grants to high school students who demonstrate leadership and excellence. By perpetuating the memory of Mickey Lione Jr and his values of personal excellence and positive impact, the fund is empowering young people to strive for their best and make a difference in their communities. Through their support, they are not only helping students pursue their educational goals but also inspiring them to become future leaders who contribute positively to society.
This information is meant to be a general summary of The Mickey Lione Jr Fund Inc. 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 2024.
- Investment Income: $23,029
- Gross Receipts: $30,601
Assets and Liabilities:
- Total Assets: $714,824
- Total Liabilities: $0
- Net Assets: $714,824
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Organization Details
Founding Year
2007
Principal Officer
Frederick Farina
Website
www.mickeylionefund.orgNTEE Category
Code: B82 - Education
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