Overview
What is The Lords Cupboard?
The Lords Cupboard is a nonprofit organization located in Franklin, Indiana, with a postal address at 606 W Banta ST. Their primary mission is to support the indigent community and various service organizations by donating clothing and essential household items. With a modest workforce of five individuals, they contribute to alleviating material needs for those in need, thereby enhancing their overall well-being. The Lords Cupboard channels their donations to both the Salvation Army and other non-profit organizations, making a significant impact in their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Lords Cupboard has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 50% reflects a lack of transparency, with critical governance documents such as board meeting minutes and conflict of interest policies missing. Additionally, the organization does not have independent board members, which is a key aspect of ensuring objective oversight.
Despite these shortcomings, The Lords Cupboard demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 95.10%. This suggests that a substantial portion of its funds is allocated directly to its programs, which can be a positive indicator of the charity's focus on its primary objectives. However, the absence of essential governance practices raises questions about its long-term sustainability and operational integrity.
In summary, while The Lords Cupboard appears to effectively utilize its resources for charitable purposes, the lack of independent oversight and necessary governance policies limits its overall rating. Potential donors may want to consider these factors when deciding to support the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Lords Cupboard legitimate?
The Lords Cupboard is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lords Cupboard 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: $89,579
For more financial information, click here
What is the mission statement of The Lords Cupboard?
The Lords Cupboard's mission is centered around serving the indigent community and support organizations. They strive to accomplish this by distributing essential items such as clothing and household goods. Their primary objective is to make these resources readily available to those in need and to the organizations that cater to them. The organization carries out this mission by donating surplus clothing and household goods to organizations like the Salvation Army and other non-profit entities.
Who is the CEO of The Lords Cupboard?
Rona Martin is the President of The Lords Cupboard.
What is the revenue of The Lords Cupboard?
The Lords Cupboard's revenue in 2022 was $484,523.
Who are the executives of The Lords Cupboard and what are their salaries?
The average compensation at The Lords Cupboard during 2022 was $17,916. There are 5 employees at The Lords Cupboard.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Lords Cupboard?
The Lords Cupboard's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Lords Cupboard
The Lords Cupboard, as a non-profit organization, is dedicated to serving the indigent community and various service organizations. Its primary mission is to provide essential clothing and household items to those in need. In pursuit of this goal, The Lords Cupboard donates a variety of items to organizations such as the Salvation Army, ensuring they can extend their support to those who require it most. By doing so, The Lords Cupboard plays a vital role in enhancing the lives of the less fortunate, contributing to their overall well-being.
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Impact
July, 2024
The Lords Cupboard's impact is significant in the Franklin community, as it provides essential clothing and household goods to those in need. Its donations not only benefit individuals directly but also support other service organizations like the Salvation Army. By fulfilling its mission of serving the indigent community, The Lords Cupboard contributes to improving the well-being and quality of life for those facing economic challenges in Franklin and beyond.
This information is meant to be a general summary of The Lords Cupboard. 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: $80
- Gross Receipts: $484,523
Assets and Liabilities:
- Total Assets: $362,754
- Total Liabilities: $0
- Net Assets: $362,754
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Organization Details
Founding Year
1923
Principal Officer
Rona Martin
Main Address
606 W BANTA ST, Franklin, IN, 46131
NTEE Category
Code: P60 - Human services
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