Overview
What is Laurel Foundation Inc?
Laurel Foundation Inc is a nonprofit organization with a mission dedicated to pediatric cancer, its treatment, and potential cures. Their primary focus lies in charitable, educational, and scientific pursuits related to this critical area. The organization's work encompasses both research and practical applications, aiming to advance our understanding and improve treatment options for young cancer patients.
Official website here: www.thelaurelfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Laurel Foundation Inc has received a low rating of 56%, which translates to a One-Star rating on Charity Navigator. This score suggests significant concerns regarding the organization's accountability and financial practices. Notably, the organization lacks independent board members and has not implemented several key governance policies, including a conflict of interest policy and a whistleblower policy.
On a positive note, the foundation has demonstrated a strong commitment to program expenses, with an impressive program expense ratio of 98.73%, indicating that nearly all of its expenditures go directly toward its charitable activities. Moreover, the organization has shown no material diversion of assets, which is a positive aspect of its financial integrity. However, the absence of independent oversight and critical policy frameworks raises concerns about its governance and transparency.
Overall, while Laurel Foundation Inc appears to effectively utilize its funds for its intended programs, the lack of independent board members and essential governance policies highlights areas that need improvement. Addressing these weaknesses could significantly enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Laurel Foundation Inc legitimate?
Laurel Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Foundation 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.
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
Official website here: www.thelaurelfoundation.org
What is the mission statement of Laurel Foundation Inc?
Laurel Foundation Inc is dedicated to serving charitable, educational, and scientific purposes primarily focused on pediatric cancer, its treatment, and its potential cures. The organization's mission is to contribute to the field by fostering advancements and seeking solutions for this critical health issue, ultimately working towards finding a cure. The foundation's activities aim to raise awareness, support research, and provide resources to the community, contributing to a better understanding and treatment of pediatric cancer.
Official website here: www.thelaurelfoundation.org
Who is the CEO of Laurel Foundation Inc?
Cheryl Dortch is the Director of Laurel Foundation Inc.
Official website here: www.thelaurelfoundation.org
What is the revenue of Laurel Foundation Inc?
Laurel Foundation Inc's revenue in 2022 was $5,000.
Official website here: www.thelaurelfoundation.org
Who are the executives of Laurel Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thelaurelfoundation.org
Where can I find the form 990 for Laurel Foundation Inc?
Laurel Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelaurelfoundation.org
Learn more at the official website: www.thelaurelfoundation.org
Mission Statement of Laurel Foundation Inc
Laurel Foundation Inc is dedicated to serving a noble cause, focusing its charitable, educational, and scientific efforts solely on pediatric cancer, its treatment, and potential cures. Established with a clear mission, this nonprofit organization is committed to making a significant impact in the field of pediatric oncology. Through its initiatives, Laurel Foundation Inc aims to contribute to the advancement of knowledge, facilitate the development of innovative treatment methods, and ultimately work towards finding a cure for pediatric cancer. The organization's mission is driven by a deep compassion for children and families affected by this devastating disease, and it strives to make a difference in their lives through its charitable, educational, and scientific endeavors.
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Impact
August, 2024
Laurel Foundation Inc's impact lies in its dedicated efforts towards advancing research, education, and support related to pediatric cancer. By focusing exclusively on charitable, educational, and scientific pursuits in this critical field, Laurel Foundation Inc is making a significant contribution to improving the lives of children affected by cancer. Through its mission-driven initiatives, the organization is helping to fund vital research, provide educational resources, and advocate for better treatments and cures for pediatric cancer. This focused approach allows Laurel Foundation Inc to have a targeted and meaningful impact on the lives of those affected by this devastating disease.
This information is meant to be a general summary of Laurel Foundation 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 2022.
- Gross Receipts: $5,000
Assets and Liabilities:
- Total Assets: $44,731
- Total Liabilities: $0
- Net Assets: $44,731
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Organization Details
Principal Officer
Cheryl Dortch
Main Address
13000 EQUITY PLACE STE 107, LOUISVILLE, KY, 40223
Website
www.thelaurelfoundation.orgNTEE Category
Code: B99 - Education
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