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L U O Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260726140 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is L U O Inc?

LUO Inc is a nonprofit organization situated in Atlanta, Georgia, specifically at 1165 Bonview Lane NE, 30324. Their primary mission is to uplift children living in poverty by providing comprehensive support. This encompasses nutritional meals, academic education, a biblical curriculum, and medical care. Their current focus is at Ithemba School in Jeffrey's Bay, South Africa, where they finance pre-school education in the morning and offer after-school tutoring up to 12th grade. Additionally, they provide two meals a day and scholarships for 14 children to attend local schools. Their ultimate goal is to empower children to break free from the cycle of poverty and thrive.


Official website here: www.luo-setfree.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 73%, Two-Star out of Four Star rating. The rating highlights that while L U O Inc has a strong score in accountability and finance, with a commendable program expense ratio of 93.06%, the overall rating indicates that there are significant areas for improvement.

The organization benefits from a majority of independent board members, which is a positive aspect of its governance. However, it lacks sufficient independent board size and has several missing policies, including a whistleblower policy and a document retention and destruction policy. This lack of essential governance documents could raise concerns about its operational transparency.

Despite its strengths, the absence of key policies and missing financial documents on its website detracts from its overall rating. The organization is encouraged to address these governance gaps to enhance its accountability and improve its standing in future evaluations.


This AI summary has been generated from information found on Charity Navigator.

Is L U O Inc legitimate?

L U O Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. L U O 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.luo-setfree.org

What is the mission statement of L U O Inc?

LUO Inc's mission is centered around empowering children to escape poverty. They believe that by providing exceptional education, balanced nutrition, top-notch medical and dental care, and one-on-one mentorship and counseling, they can enable children to break free from the shackles of poverty and thrive. The organization is currently focusing on Ithemba School in Jeffrey's Bay, South Africa, where they offer financial support for pre-school education in the morning, after-school tutoring up to 12th grade, two meals a day, and scholarships to local schools for 14 children. Their activities extend beyond education, as they also provide a biblical curriculum and medical care to the children under their care.


Official website here: www.luo-setfree.org

Who is the CEO of L U O Inc?

Lindsay Tarquinio is the Secretary of L U O Inc.


Official website here: www.luo-setfree.org

What is the revenue of L U O Inc?

L U O Inc's revenue in 2021 was $53,510.


Official website here: www.luo-setfree.org

Who are the executives of L U O Inc and what are their salaries?


Here are 3 key members and their salaries:


Tim Bailey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gavin Tarquinio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Tarquinio (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.luo-setfree.org

Where can I find the form 990 for L U O Inc?

L U O Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.luo-setfree.org

Learn more at the official website: www.luo-setfree.org

Mission Statement of L U O Inc

LUO Inc, a nonprofit organization, is dedicated to a straightforward mission: liberating children from the shackles of poverty. The organization firmly believes that by offering exceptional education, well-balanced nutrition, top-notch medical and dental care, and one-on-one mentorship and counseling, they can empower children to break free from the cycle of poverty and flourish.

In practice, LUO Inc focuses its efforts at Ithemba School in Jeffrey's Bay, South Africa. During the school day, they provide financial support for pre-school education. After school, they offer tutoring services, extending support up to 12th grade. Moreover, LUO Inc ensures that the children in their care receive two nutritious meals daily. To further enhance their holistic approach, the organization extends scholarships to 14 students to attend local schools. By nurturing both the minds and bodies of these children, LUO Inc strives to equip them with the tools necessary to break free from poverty and succeed in life.

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Impact




August, 2024

L U O Inc's impact is profound in setting children free from poverty through its work at iThemba School in Jeffrey's Bay, South Africa. The organization provides essential services such as education, nutrition, medical care, and mentorship to children in need. By offering financial support for education, meals, after-school tutoring, and scholarships, L U O Inc is empowering children to break free from the cycle of poverty and thrive. Their focus on holistic development and individualized support is making a lasting difference in the lives of these young individuals.




This information is meant to be a general summary of L U O 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.

Revenue
$53,510 (2021)
Expenses
$98,075 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $53,510

Assets and Liabilities:

  • Total Assets: $14,278
  • Total Liabilities: $0
  • Net Assets: $14,278

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Organization Details

Founding Year

2007

Principal Officer

Lindsay Tarquinio

Main Address

1165 BONVIEW LN NE, ATLANTA, GA, 30324

NTEE Category

Code: Q33 - International

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