Overview
What is Lead The Way Fund Inc?
Lead The Way Fund Inc is a nonprofit organization dedicated to supporting U.S. Army Rangers and their families. Their mission involves providing financial aid to those who have been injured, disabled, or lost their lives during their service. The organization offers immediate financial assistance, covering various expenses such as travel, accommodations, and childcare for families during their loved ones' recovery. They also provide ongoing support through grants, ensuring no financial shortfall during the recovery and rehabilitation process. In addition, Lead The Way Fund Inc offers mental health programs, like the Ranger Resilience Program, to help Rangers cope with post-traumatic stress. They offer enrichment grants for chaplain-led programs that boost morale and strengthen family relationships. Moreover, the organization assists Rangers in their transition back to civilian life, offering educational programs and helping them secure placements in top universities. For Rangers with severe injuries like paralysis or amputations, Lead The Way Fund Inc provides support for modified vehicles and accessible homes. Lastly, they support Rangers participating in the Warrior Games, an adaptive sports competition for wounded, ill, and injured service members.
Official website here: www.leadthewayfund.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90% (Four-Star out of Four Star rating)
Lead The Way Fund Inc has earned a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity scored 90% in this category, indicating a high level of transparency and sound financial practices. The overall score is based entirely on this single beacon score, emphasizing the organization's commitment to maintaining a responsible financial framework.
The organization demonstrates solid governance with 80% of its board members being independent, which supports effective oversight. It has received full marks for its financial statements, audit and oversight practices, and adherence to policies such as conflict of interest and whistleblower protections. This indicates that the charity not only complies with regulations but also prioritizes ethical practices in its operations.
However, there is room for improvement in the program expense ratio, which stands at 61.76%. While a majority of funds are directed towards programs, increasing this ratio would enhance the organization’s efficiency in program delivery. Overall, Lead The Way Fund Inc showcases a strong commitment to accountability, though focusing on maximizing program spending could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lead The Way Fund Inc?
100% of 21 reviewers on Facebook recommend Lead The Way Fund Inc. Here is a summary of their reviews:
The general sentiment is overwhelmingly positive, with many expressing immense gratitude for the nonprofit's commitment to supporting veterans. Reviewers commend the organization for its mission to care for those who have served, highlighting its exceptional support for these brave individuals.
Overall, it’s clear that Lead The Way Fund Inc. effectively fulfills its purpose, and supporters appreciate the dedication and outreach provided to veterans and their families. The consistent positive remarks underscore a strong sense of community and purpose surrounding the organization's efforts.
This AI summary has been generated from reviews found on Facebook.
Is Lead The Way Fund Inc legitimate?
Lead The Way Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead The Way 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $312,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,906
For more financial information, click here
Official website here: www.leadthewayfund.org
What is the mission statement of Lead The Way Fund Inc?
Lead The Way Fund Inc, as an organization, is dedicated to supporting U.S. Army Rangers and their families. They provide financial aid to those who have been injured, disabled, or lost their lives while serving, as well as to those currently serving in harmful situations. The fund offers immediate financial grants and covers additional expenses for family members accompanying injured Rangers in the hospital. They also provide ongoing support during the recovery, rehabilitation, and transition process. The organization is committed to ensuring Rangers have access to the best mental health providers and supports the family unit throughout this emotional journey. For severely injured Rangers, the fund provides assistance for modified vehicles and accessible homes. Additionally, Lead The Way Fund aims to help Rangers transition successfully into civilian life by offering educational programs and support.
Official website here: www.leadthewayfund.org
Who is the CEO of Lead The Way Fund Inc?
James P Regan is the Chairman & Ceo of Lead The Way Fund Inc. The CEO's salary of Lead The Way Fund Inc is $0 and their total compensation is $0.
Official website here: www.leadthewayfund.org
What is the revenue of Lead The Way Fund Inc?
Lead The Way Fund Inc's revenue in 2022 was $2,247,548.
Official website here: www.leadthewayfund.org
Who are the executives of Lead The Way Fund Inc and what are their salaries?
The average compensation at Lead The Way Fund Inc during 2022 was $96,348. There are 5 employees and 60 volunteers at Lead The Way Fund Inc.
Here are 12 key members and their salaries (Lead The Way Fund Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $99,000
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- Other: $1,519
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- Compensation: $145,484
- Related: $0
- Other: $6,972
Official website here: www.leadthewayfund.org
Where can I find the form 990 for Lead The Way Fund Inc?
Lead The Way Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadthewayfund.org
Learn more at the official website: www.leadthewayfund.org
Mission Statement of Lead The Way Fund Inc
Lead The Way Fund Inc, an organization dedicated to supporting U.S. Army Rangers and their families, carries out its mission through financial aid and various programs. Primarily, the fund provides financial assistance to Army Rangers who have been injured, disabled, or lost their lives while serving, as well as to their families. This aid includes immediate grants of $5,000 for wounded Rangers and travel expenses for family members visiting their loved ones in the hospital. Furthermore, Lead The Way Fund offers ongoing support during the recovery, rehabilitation, and transition process, ensuring that the families of injured Rangers have the necessary resources.
In addition to financial aid, Lead The Way Fund also focuses on the emotional and spiritual well-being of Army Rangers and their families. The fund supports Ranger chaplains, who are responsible for the spiritual and emotional care of the Rangers, through enrichment grants for special programs. These programs, led by Ranger chaplains, include marriage retreats, date nights, and Bible studies. For Rangers with severe injuries like paralysis or amputations, the fund provides support for modified vehicles and accessible homes, aiming to create living spaces that cater to their specific needs.
Lead The Way Fund also recognizes the importance of education and career transition for Army Rangers. Once they decide to leave the regiment after a long and successful military career, the transition back to civilian life can be challenging. To aid in this process, the fund offers programs such as the Collegiate Access Program (CAP), Graduate Access Program (GAP), and Ranger Activation and Mentor Program (RAMP), providing Rangers with access to prestigious universities, test preparation, scholarship opportunities, and internship and job programs.
In summary, Lead The Way Fund Inc is an organization that provides financial, emotional, and spiritual support to U.S. Army Rangers and their families. Through various programs, the fund assists Rangers in their recovery, rehabilitation, and transition, supports the spiritual well-being of Rangers and their families, and offers education and career transition opportunities for Rangers leaving the regiment.
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Impact
October, 2024
Lead The Way Fund Inc plays a pivotal role in supporting U.S. Army Rangers and their families during some of their most challenging times. By offering financial assistance to those who have been wounded in action, as well as to the families of Rangers who have suffered fatalities, the organization alleviates immediate financial burdens, allowing service members and families to focus on recovery and healing.
The comprehensive programs include grants for medical expenses, travel, lodging, and childcare, ensuring families can remain together in critical moments without added financial or emotional strain. Additionally, special support is extended to address mental health concerns, including access to top mental health professionals and resilience-building programs. The organization emphasizes the importance of spiritual and emotional well-being through initiatives led by Ranger chaplains, promoting strong family relationships and morale.
For severely injured veterans, Lead The Way Fund Inc helps facilitate significant adaptations in their living environments by providing mortgage-free, accessible homes equipped with necessary adaptive technologies. This support not only enhances their quality of life but also fosters independence.
Transitioning to civilian life can be daunting, and the organization steps in with educational programs that guide Rangers through reintegration, including college access, mentoring, and job placement assistance. The commitment to empowering these disciplined warriors extends to adaptive sports, allowing veterans to participate in competitive events, promoting physical activity and camaraderie.
In summary, Lead The Way Fund Inc significantly impacts the lives of U.S. Army Rangers and their families by providing essential resources and support that foster recovery, resilience, and successful transitions to civilian life.
This information is meant to be a general summary of Lead The Way 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 2022.
- Investment Income: $916,083
- Gross Receipts: $6,215,654
Assets and Liabilities:
- Total Assets: $13,689,187
- Total Liabilities: $119,461
- Net Assets: $13,569,726
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Organization Details
Founding Year
2007
Phone
(516) 439-5268Principal Officer
James P Regan
Main Address
300 GARDEN CITY PLAZA 149, GARDEN CITY, NY, 11530
Website
www.leadthewayfund.orgNTEE Category
Code: P60 - Human services
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