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Lemonade International Inc

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

EIN: 262265505 ✦ Wake forest, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lemonade International Inc?

Lemonade International Inc is a nonprofit organization headquartered in Wake Forest, North Carolina. With a modest team of four individuals, their mission is to support impoverished communities in Guatemala City, specifically in slum areas. They accomplish this through financial aid, providing essentials such as food, clothing, and medical supplies to over 570 children attending five schools. Moreover, they help maintain school operations by funding teacher and director salaries, utilities, and necessary supplies. Lemonade International Inc strives to uplift these communities by collaborating with local leaders in efforts to combat poverty, violence, and injustice, focusing on education, gang prevention, and community relief.


Official website here: www.lemonadeinternational.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98%, Four-Star out of Four Star rating.

Lemonade International Inc has achieved an impressive overall score of 98%, reflecting its strong commitment to accountability and transparency. With high marks in various categories, such as 100% for both Culture & Community and Leadership & Adaptability, the organization demonstrates an effective governance structure and a robust engagement with its community. The Program Expense Ratio of over 80% indicates that a significant portion of its funds is directed towards programs rather than administrative costs.

The organization has a solid independent board composition, with 75% of its members being independent. Furthermore, it has established policies related to conflict of interest and whistleblower protections, showcasing a dedication to ethical practices. Their approach to feedback collection and usage has earned perfect scores, emphasizing their commitment to continuous improvement and responsiveness to stakeholder input.

Despite the positive ratings, the financial ratios suggest a cautious approach to liabilities, with a Liabilities to Assets Ratio of 17.39%, indicating the organization's financial health is stable. Overall, Lemonade International Inc stands out for its strong performance metrics and commitment to equity and community engagement, making it a trustworthy choice for potential donors.


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

What do the Facebook reviews say about Lemonade International Inc?

100% of the 12 reviewers on Facebook recommend Lemonade International Inc. Here is a summary of their reviews:

The overwhelming sentiment reflects a deep admiration for the nonprofit's mission and the impact of its work in the communities it serves. Many reviewers express a strong connection to the organization, highlighting the transformative experiences they've had while volunteering and the passionate dedication of its team.

Overall, it appears that Lemonade International Inc truly resonates with those involved, leaving them inspired by the work being done and reaffirming their belief in the nonprofit's importance in addressing crucial needs within the community.


This AI summary has been generated from reviews found on Facebook.

Is Lemonade International Inc legitimate?

Lemonade International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lemonade International 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: $79,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,687

For more financial information, click here


Official website here: www.lemonadeinternational.org

What is the mission statement of Lemonade International Inc?

Lemonade International Inc's mission is centered around supporting Guatemalan leaders in their endeavor to eradicate poverty, violence, and injustice. This is achieved through three primary strategies: education, gang prevention, and community relief. The organization focuses on the most disadvantaged neighborhoods in Guatemala City, striving to make a significant impact in these areas. Lemonade International has been actively involved in supporting over 570 children in five schools located within Guatemala's slum communities. Their contributions include financing for essentials such as food, clothing, teacher salaries, utilities, supplies, and medication.


Official website here: www.lemonadeinternational.org

Who is the CEO of Lemonade International Inc?

Charles Knox Iii is the Executive Director of Lemonade International Inc.


Official website here: www.lemonadeinternational.org

What is the revenue of Lemonade International Inc?

Lemonade International Inc's revenue in 2022 was $649,555.


Official website here: www.lemonadeinternational.org

Who are the executives of Lemonade International Inc and what are their salaries?

The average compensation at Lemonade International Inc during 2022 was $44,809. There are 4 employees and 150 volunteers at Lemonade International Inc.


Here are 5 key members and their salaries:


Charlie Heinzelman (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Brewer (Operations Director)
  • Compensation: $44,187
  • Related: $0
  • Other: $0
Charles Knox (Executive Director)
  • Compensation: $79,550
  • Related: $0
  • Other: $0
Jenny Schmitt (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Voth (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lemonadeinternational.org

Where can I find the form 990 for Lemonade International Inc?

Lemonade International Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lemonadeinternational.org

Learn more at the official website: www.lemonadeinternational.org

Mission Statement of Lemonade International Inc

Lemonade International Inc is a nonprofit organization that strives to stand in solidarity with Guatemalan leaders. Their mission is to disrupt the cycle of poverty, violence, and injustice in the poorest communities of Guatemala City. They achieve this by focusing on three key areas: education, gang prevention, and community relief. Through their efforts, they aim to uplift families living in these impoverished neighborhoods.

The education component of Lemonade International Inc's mission targets schools in Guatemala's slum communities. By providing financial support for essentials such as food, clothing, teacher salaries, utilities, supplies, and medicine, they ensure that over 500 children can attend and thrive in these schools. This investment in education equips these children with the tools they need to break free from the cycle of poverty and build a better future for themselves and their communities.

In addition to education, Lemonade International Inc also focuses on gang prevention. By working closely with local leaders, they aim to create safe and supportive environments that deter young people from joining gangs. By addressing the root causes of gang violence, such as poverty and lack of opportunities, they help to create a more peaceful and prosperous future for the communities they serve.

Finally, Lemonade International Inc provides community relief to families in need. This can take many forms, from offering essential services such as food and medicine, to supporting local initiatives that promote community development. By standing in solidarity with Guatemalan leaders and communities, Lemonade International Inc is making a real and meaningful difference in the lives of families living in poverty in Guatemala City.

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Impact




July, 2024

Lemonade International Inc's impact is significant as they support over 570 children at 5 schools in Guatemala slum communities. They provide financial support for essential needs such as food, clothing, director and teacher salaries, utilities, supplies, and medicine. Through their work, they are helping to break the cycle of poverty, violence, and injustice in Guatemala City by providing education, gang prevention, and community relief for families in the poorest neighborhoods.




This information is meant to be a general summary of Lemonade International 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
$649,555 (2022)
Expenses
$632,298 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $649,555

Assets and Liabilities:

  • Total Assets: $72,165
  • Total Liabilities: $3,179
  • Net Assets: $68,986

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Organization Details

Founding Year

2008

Principal Officer

Charles Knox Iii

Main Address

11845 Retail Dr 1017, Wake Forest, NC, 27587

NTEE Category

Code: Q33 - International

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