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Livewire Lions Foundation

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

EIN: 272337466 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is Livewire Lions Foundation?

Livewire Lions Foundation is a nonprofit organization situated in Anchorage, Alaska. Their mission is deeply rooted in the tradition of charitable works carried out by Lions Foundations nationwide. The foundation collects donations, which are then utilized to support various charitable initiatives within the local community. These endeavors encompass offering scholarships, mentoring, and youth activities, organizing events that benefit the environment, aiding senior citizens and individuals with disabilities, and numerous other charitable opportunities. The organization's purpose is to uplift and better the lives of people within their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Livewire Lions Foundation has received a low rating primarily due to its accountability and finance practices. The charity's overall score is significantly affected by its poor performance in key areas such as the lack of a conflict of interest policy, whistleblower policy, and document retention and destruction policies. Additionally, the foundation's program expense ratio is only 1.44%, indicating that very little of its resources are dedicated to its programs.

Despite these shortcomings, the organization does have some strengths, including a fully independent board of directors and no material diversion of assets reported. All board members are independent, which is a positive aspect of its governance structure. However, the absence of crucial policies and the low percentage of funds allocated to programs raise concerns regarding its operational effectiveness.

Overall, while the Livewire Lions Foundation demonstrates some good practices in governance, the lack of transparency and commitment to effective program funding limits its effectiveness as a nonprofit organization. Potential donors and stakeholders are advised to consider these factors when evaluating the charity's impact and reliability.


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

Is Livewire Lions Foundation legitimate?

Livewire Lions Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Livewire Lions 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 Livewire Lions Foundation?

The Livewire Lions Foundation upholds a mission to perpetuate the charitable works that have been a long-standing tradition among Lions Foundations nationwide. This organization collects donations, which are then utilized to provide scholarships, mentoring, and engage youth in various activities. Additionally, Livewire Lions Foundation organizes community events that contribute to environmental conservation. Moreover, they extend aid to senior citizens and individuals with disabilities, engaging in various charitable opportunities within the local community.

Who is the CEO of Livewire Lions Foundation?

Joanne Koss is the President of Livewire Lions Foundation.

What is the revenue of Livewire Lions Foundation?

Livewire Lions Foundation's revenue in 2021 was $20,938.

Who are the executives of Livewire Lions Foundation and what are their salaries?


Here are 4 key members and their salaries:


Tim Benintendi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Koss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darnell Little (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Anne Regan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Livewire Lions Foundation?

Livewire Lions Foundation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Livewire Lions Foundation

Livewire Lions Foundation, a charitable organization, continues the noble tradition of philanthropic works initiated by Lions Foundations nationwide. Its primary objective is to gather donations, which are then utilized to offer scholarships, mentoring, and engaging youth activities. Beyond this, the foundation organizes community events that contribute positively to the environment. It also extends its reach to senior citizens and individuals with disabilities, providing them with numerous charitable opportunities within their local community. The mission of Livewire Lions Foundation is centered around cultivating a more compassionate and supportive society, empowering various segments of the community through its charitable endeavors.

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Impact




August, 2024

Livewire Lions Foundation's impact can be seen in the positive changes it brings to the community. Through collecting donations, the organization is able to provide scholarships, mentoring, and youth activities, benefiting the education and development of young individuals. Additionally, they organize community events that promote environmental welfare, support senior citizens, aid disabled persons, and offer various charitable opportunities within the local community. Livewire Lions Foundation's work embodies the spirit of giving back and making a meaningful difference in the lives of others.




This information is meant to be a general summary of Livewire Lions 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.

Revenue
$20,938 (2021)
Expenses
$11,554 (2021)
Efficiency

Other financial information:

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

  • Investment Income: $743
  • Gross Receipts: $20,938

Assets and Liabilities:

  • Total Assets: $137,539
  • Total Liabilities: $0
  • Net Assets: $137,539

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Organization Details

Founding Year

2010

Principal Officer

Joanne Koss

Main Address

PO BOX 93055, ANCHORAGE, AK, 995093055

NTEE Category

Code: S82 - Community improvement

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