Overview
What is Lydia Inc?
Lydia Inc, based in Bellingham, Washington, is a nonprofit organization that focuses on providing a home and support for vulnerable children. Established in 2009, it currently houses over 30 children, providing them with food, medical necessities, and educational expenses up to high school. The organization's mission lies in empowering its family of ministries in Cambodia to serve the most disadvantaged, enabling them to experience the love of God through practical expressions of the Gospel of Jesus. Lydia Inc's work encompasses not only the care of these children but also extends to Cambodia, where it aims to make a difference in the lives of the most vulnerable.
Official website here: www.lydiacambodia.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Lydia Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and financial practices. The organization scored 77% overall, which is derived entirely from its accountability and finance metrics. This rating indicates that Lydia Inc adheres to strong governance standards, including having a fully independent board and no reported material diversion of assets.
The strengths of Lydia Inc include a high program expense ratio of 98.16%, suggesting that a significant portion of its funds directly supports its programs. Additionally, the organization has a well-documented conflict of interest policy and maintains accurate board meeting minutes. However, a notable limitation is the absence of a whistleblower policy, which detracts from its overall governance framework.
Overall, Lydia Inc's financial accountability measures are commendable, which is crucial for donor trust and sustainability. The absence of a whistleblower policy indicates an area for potential improvement, but the organization's commitment to transparency and effective financial management positions it positively within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lydia Inc legitimate?
Lydia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lydia 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lydiacambodia.com
What is the mission statement of Lydia Inc?
Lydia Inc's mission is centered around empowering a network of ministries in Cambodia to serve the most vulnerable individuals. The ultimate goal is to allow these individuals to encounter the love of God through the lens of practical expressions of the Gospel of Jesus. This organization's activities are aimed at providing support and resources to these ministries, enabling them to make a significant impact in their communities.
Specifically, Lydia Inc operates the Sunrise Children's Home, which currently houses over 30 children. The home provides for all their food, medical needs, and educational costs, extending support up to high school. Since its inception in 2009, the home has offered a safe haven to over 150 children. By empowering these ministries and providing such essential services, Lydia Inc strives to make a tangible difference in the lives of the most vulnerable individuals in Cambodia.
Official website here: www.lydiacambodia.com
Who is the CEO of Lydia Inc?
Robert Corley is the President of Lydia Inc.
Official website here: www.lydiacambodia.com
What is the revenue of Lydia Inc?
Lydia Inc's revenue in 2022 was $476,227.
Official website here: www.lydiacambodia.com
Who are the executives of Lydia Inc and what are their salaries?
There 8 volunteers at Lydia Inc.
Here are 6 key members and their salaries:
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Official website here: www.lydiacambodia.com
Where can I find the form 990 for Lydia Inc?
Lydia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lydiacambodia.com
Learn more at the official website: www.lydiacambodia.com
Mission Statement of Lydia Inc
Lydia Inc, a nonprofit organization, is dedicated to empowering its network of ministries in Cambodia to serve the most vulnerable individuals. The ultimate goal is for these individuals to encounter the love of God through the lens of practical expressions of the Gospel of Jesus. Lydia Inc's mission is multifaceted, focusing on providing support and resources to those in need.
One of the ways Lydia Inc achieves its mission is by operating the Sunrise Children's Home. This home currently houses over 30 children and provides them with essentials such as food, medical care, and educational expenses up to high school. Since its establishment in 2009, the home has offered a sanctuary to over 150 children.
Lydia Inc's mission goes beyond just providing basic needs. It aims to empower its ministries to serve the vulnerable in practical ways, enabling them to encounter the love of God. This mission is carried out through the provision of resources and support, allowing the ministries to make a significant impact in their communities.
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Impact
July, 2024
Lydia Inc, through its activities in Cambodia, has a significant impact on empowering vulnerable communities and providing essential care and support to those in need. Specifically, the organization's Sunrise Children's Home has served over 30 children, offering them a safe and nurturing environment with provisions for food, medical care, and education up to high school. Additionally, more than 150 children have benefited from the home since its establishment in 2009. By focusing on practical expressions of love and the teachings of Jesus, Lydia Inc is making a tangible difference in the lives of vulnerable individuals in Cambodia, helping them to experience hope, care, and support.
This information is meant to be a general summary of Lydia 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.
- Gross Receipts: $476,227
Assets and Liabilities:
- Total Assets: $197,172
- Total Liabilities: $0
- Net Assets: $197,172
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Organization Details
Founding Year
2009
Phone
(404) 229-0893Principal Officer
Robert Corley
Main Address
PO BOX 30803, BELLINGHAM, WA, 98228
Website
www.lydiacambodia.comNTEE Category
Code: Q32 - International
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