Overview
What is Liberty Lutheran Foundation?
Liberty Lutheran Foundation is a 501(c)(3) nonprofit organization, headquartered in Ambler, Pennsylvania. Its primary mission is to secure and enhance the well-being of Liberty Lutheran's extensive network of services, along with its residents, members, patients, and clients. This involves managing fundraising activities and overseeing investment portfolios that contribute positively to the organization as a whole. Through these efforts, the Foundation has expanded the availability of services, amenities, and resources, including four Benevolent Care Programs that assist residents who have depleted their financial resources.
Official website here: www.libertylutheran.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.
Liberty Lutheran Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on Accountability & Finance. The organization demonstrates excellent practices, including an entirely independent board, thorough auditing processes, and effective financial oversight. These factors contribute to its high score, indicating a reliable and transparent operation.
The foundation's financial health is indicated by a low liabilities to assets ratio of 0.07%, suggesting minimal debt, and an impressive working capital ratio of 69.77 years, which indicates robust financial stability. Additionally, the lack of loans to or from officers and no material diversion of assets further illustrates its sound fiscal management.
However, while the program expense ratio stands at 62.95%, there may be room for improvement in how funds are allocated towards programs versus administrative costs. Overall, the Liberty Lutheran Foundation appears to operate with a strong commitment to accountability, though future efforts to enhance program expenditure might strengthen their impact further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Liberty Lutheran Foundation?
92% of 9 reviewers on Facebook recommend Liberty Lutheran Foundation. Here is a summary of their reviews:
The overwhelming sentiment from the feedback indicates strong support and pride among employees. One review highlights the organization as a "great place," suggesting a positive work environment and an overall sense of satisfaction associated with being part of the team.
Additionally, the consistent endorsement demonstrates that Liberty Lutheran Foundation is viewed favorably by those who are directly involved, further emphasizing its commitment to providing a supportive and rewarding workplace. Overall, the reviews reflect a solid reputation within the nonprofit sector, with employees feeling valued and appreciative of the foundation's mission.
This AI summary has been generated from reviews found on Facebook.
Is Liberty Lutheran Foundation legitimate?
Liberty Lutheran Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Lutheran 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: $151,734
For more financial information, click here
Official website here: www.libertylutheran.org
What is the mission statement of Liberty Lutheran Foundation?
Liberty Lutheran Foundation, as a nonprofit organization, is committed to ensuring the security and prosperity of Liberty Lutheran's network of services. This includes supporting its residents, members, patients, and clients. The foundation serves as a resource, implementing and administering fundraising activities and managing investment portfolios to benefit the entire organization. Through its efforts, Liberty Lutheran Foundation has created additional services, amenities, and resources, including four Benevolent Care programs that assist residents who have exhausted their financial resources.
Official website here: www.libertylutheran.org
Who is the CEO of Liberty Lutheran Foundation?
Luanne Fisher is the Ceo/President of Liberty Lutheran Foundation. The CEO's salary of Liberty Lutheran Foundation is $0 and their total compensation is $487,625.
Official website here: www.libertylutheran.org
What is the revenue of Liberty Lutheran Foundation?
Liberty Lutheran Foundation's revenue in 2022 was $3,644,145.
Official website here: www.libertylutheran.org
Who are the executives of Liberty Lutheran Foundation and what are their salaries?
The average compensation at Liberty Lutheran Foundation during 2022 was $50,578. There are 3 employees and 9 volunteers at Liberty Lutheran Foundation.
Here are 9 key members and their salaries (Liberty Lutheran Foundation's CEO's salary is $0 and their total compensation is $487,625):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $451,777
- Other: $35,848
- Compensation: $0
- Related: $260,929
- Other: $15,699
- Compensation: $0
- Related: $258,888
- Other: $15,511
Official website here: www.libertylutheran.org
Where can I find the form 990 for Liberty Lutheran Foundation?
Liberty Lutheran Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libertylutheran.org
Learn more at the official website: www.libertylutheran.org
Mission Statement of Liberty Lutheran Foundation
Liberty Lutheran Foundation, a 501(c)(3) organization, serves as a vital resource to ensure the security and prosperity of Liberty Lutheran's extensive network of services, catering to its residents, members, patients, and clients. The foundation's mission is multifaceted, encompassing the implementation and administration of fundraising activities and managing investment portfolios that benefit the entire organization. Through these efforts, Liberty Lutheran Foundation has been instrumental in creating additional services, amenities, and resources. One of these initiatives is the Benevolent Care Programs, which provide assistance to residents who have depleted their financial resources. By undertaking these roles, Liberty Lutheran Foundation strengthens and supports Liberty Lutheran's family of services, thereby ensuring their continued success and ability to serve their community effectively.
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Impact
October, 2024
Liberty Lutheran Foundation plays a vital role in enhancing the security and prosperity of Liberty Lutheran's family of services. By effectively managing fundraising initiatives and investment portfolios, the foundation provides essential resources that benefit residents, members, patients, and clients.
One significant aspect of its impact is the establishment of four benevolent care programs designed to support residents who have outlived their financial resources, ensuring that they continue to receive the care and support they need. Additionally, the foundation creates and enhances various services and amenities that enrich the overall quality of life for those served. Through its dedicated efforts in resource management and fundraising, Liberty Lutheran Foundation significantly contributes to the well-being of the community it serves in Ambler, PA.
This information is meant to be a general summary of Liberty Lutheran 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,037,537
- Program Service Revenue: $237,500
- Gross Receipts: $6,744,739
Assets and Liabilities:
- Total Assets: $42,715,479
- Total Liabilities: $29,369
- Net Assets: $42,686,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$237,500
Organization Details
Founding Year
1991
Phone
(267) 464-7700Principal Officer
Luanne Fisher
Main Address
7002 BUTLER PIKE, AMBLER, PA, 19002
Website
www.libertylutheran.orgNTEE Category
Code: L22 - Housing
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