Overview
What is Permian Basin Womens Resource Center The Life Center Foundation?
Permian Basin Women's Resource Center The Life Center Foundation is a nonprofit organization, primarily established to support its affiliated center, the Permian Basin Women's Resource Center (The Life Center). Based in Midland, Texas, the foundation raises funds through various events and investments, using the earned income to aid the center's operations. The center itself offers a range of services, including no-cost prevention education programs in local schools, an intervention program for individuals facing unplanned pregnancies, and a restoration program to help those affected by such situations restore their lives. The foundation's mission is to operate solely for the benefit of the Permian Basin Women's Resource Center, providing it with grants and engaging in activities that support or benefit the center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%
The Permian Basin Women's Resource Center The Life Center Foundation has received a low rating of 47%, resulting in a Zero-Star out of Four Star rating. This score reflects significant areas of concern regarding the organization's financial health and accountability practices. While the organization benefits from strong governance indicators, such as a fully independent board and robust conflict of interest policies, these strengths are overshadowed by alarming financial metrics.
Notably, the charity's liabilities to assets and program expense ratios both sit at 0.00%, indicating a lack of financial transparency and potentially ineffective use of funds. This raises questions about the sustainability of the organization's programs and its overall impact in the community. The absence of program expenses in particular suggests that funds may not be directed towards their intended services.
In summary, while the Permian Basin Women's Resource Center has established a solid governance framework, the critical financial weaknesses and lack of program expenditure warrant caution for potential donors and stakeholders. Improved financial management and transparency are essential for enhancing the organization's rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Permian Basin Womens Resource Center The Life Center Foundation legitimate?
Permian Basin Womens Resource Center The Life Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Permian Basin Womens Resource Center The Life Center 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: $0
For more financial information, click here
What is the mission statement of Permian Basin Womens Resource Center The Life Center Foundation?
The Permian Basin Women's Resource Center The Life Center Foundation operates primarily to support the Permian Basin Women's Resource Center (The Life Center). Its mission involves making grants for the benefit of The Life Center or engaging in activities that support or benefit it. This may include the development and operation of an endowment fund. The foundation raises support and manages endowment funds to provide operational funding to The Life Center. This is achieved through various fundraising events and investing endowment funds, from which a portion of the earnings are provided to The Life Center for its operations. The foundation's primary goal is to provide educational and charitable services to The Life Center, focusing on prevention education programs, an intervention program for unplanned pregnancies, and a restoration program for individuals affected by unplanned pregnancies.
Who is the CEO of Permian Basin Womens Resource Center The Life Center Foundation?
Randall Rouse is the Director of Permian Basin Womens Resource Center The Life Center Foundation.
What is the revenue of Permian Basin Womens Resource Center The Life Center Foundation?
Permian Basin Womens Resource Center The Life Center Foundation's revenue in 2022 was $44,355.
Who are the executives of Permian Basin Womens Resource Center The Life Center Foundation and what are their salaries?
There 4 volunteers at Permian Basin Womens Resource Center The Life Center Foundation.
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 Permian Basin Womens Resource Center The Life Center Foundation?
Permian Basin Womens Resource Center The Life Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Permian Basin Womens Resource Center The Life Center Foundation
The Permian Basin Women's Resource Center The Life Center Foundation is established with the mission of supporting the Permian Basin Women's Resource Center (The Life Center) in its educational and charitable endeavors. The foundation operates with the primary objective of benefiting The Life Center by making grants and engaging in activities that further its goals. One of the ways it accomplishes this is by developing and managing an endowment fund. This fund is raised through various fundraising events and the investment of the endowment's earnings, a portion of which is then provided to The Life Center to support its operations.
The Life Center Foundation is instrumental in providing educational prevention programs at no cost in schools across the Permian Basin. Additionally, it operates an intervention program for individuals dealing with unplanned pregnancies and a restoration program to assist those whose lives have been impacted by such pregnancies. The foundation's work is crucial in supporting The Life Center's mission to provide a safe and supportive environment for those in need, offering essential resources and services to help them navigate through challenging times.
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Impact
August, 2024
Permian Basin Women's Resource Center The Life Center Foundation has a significant impact on the community by providing prevention education programs, intervention services for clients facing unplanned pregnancies, and restoration programs to help those affected by unplanned pregnancies. The foundation raises support and manages endowment funds to ensure the ongoing operations of the Permian Basin Women's Resource Center, offering crucial support and resources to individuals in need. Through their dedication to education and charitable efforts, they make a positive difference in the lives of those they serve.
This information is meant to be a general summary of Permian Basin Womens Resource Center The Life Center 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: $19,342
- Gross Receipts: $44,355
Assets and Liabilities:
- Total Assets: $1,123,713
- Total Liabilities: $0
- Net Assets: $1,123,713
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Organization Details
Founding Year
2009
Phone
(432) 683-6072Principal Officer
Randall Rouse
Main Address
2101 W WALL, MIDLAND, TX, 79701
NTEE Category
Code: P118 - Human services
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