Overview
What is St Margarets Foundation Attn Larry Stansberry?
St. Margaret's Foundation, headed by Larry Stansberry, is a nonprofit organization situated in New Orleans, Louisiana. The foundation's primary mission is to provide charitable services in the field of healthcare, offering healthcare services to the underprivileged population and developing educational programs related to healthcare. It engages in various activities, including rendering rehabilitation services, purchasing and maintaining real property, and receiving donations for charitable, scientific, literary, and educational purposes. The organization also operates with a team of six dedicated individuals.
Official website here: www.stmargaretfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
St Margarets Foundation has received a Two-Star rating from Charity Navigator, reflecting an overall score of 73%. This rating is derived solely from its Accountability & Finance metrics, indicating a focus on financial transparency and governance. The organization shows strong performance in areas such as having a majority of independent board members and a high program expense ratio, which suggests that a significant portion of its funds is directed towards its mission-related activities.
Despite its strengths, the foundation has notable limitations that contribute to its average rating. The organization has received zero points for its financial statements, which indicates a lack of publicly available financial documentation. Additionally, essential policies such as a Whistleblower Policy and Document Retention and Destruction policy are missing, which can raise concerns regarding organizational governance and accountability.
Overall, while St Margarets Foundation demonstrates strong program expense efficiency and governance measures through independent board membership, the absence of complete financial transparency and some key policies may hinder its overall effectiveness and trustworthiness in the eyes of potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is St Margarets Foundation Attn Larry Stansberry legitimate?
St Margarets Foundation Attn Larry Stansberry is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Margarets Foundation Attn Larry Stansberry 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: $66,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,639
For more financial information, click here
Official website here: www.stmargaretfoundation.org
What is the mission statement of St Margarets Foundation Attn Larry Stansberry?
The St. Margaret's Foundation is committed to providing charitable, research, and rehabilitation services related to healthcare. They engage in various activities, such as purchasing, acquiring, maintaining, operating, developing, and leasing real property. The organization also receives and administers donations of money, services, property, or other things of value for charitable, scientific, literary, and educational purposes. Their mission involves rendering other services related to healthcare and rehabilitation, aiming to contribute positively to the field.
Official website here: www.stmargaretfoundation.org
Who is the CEO of St Margarets Foundation Attn Larry Stansberry?
Lawrence Stansberry is the President/Ceo of St Margarets Foundation Attn Larry Stansberry. The CEO's salary of St Margarets Foundation Attn Larry Stansberry is $66,000 and their total compensation is $240,738.
Official website here: www.stmargaretfoundation.org
What is the revenue of St Margarets Foundation Attn Larry Stansberry?
St Margarets Foundation Attn Larry Stansberry's revenue in 2022 was $91,983.
Official website here: www.stmargaretfoundation.org
Who are the executives of St Margarets Foundation Attn Larry Stansberry and what are their salaries?
The average compensation at St Margarets Foundation Attn Larry Stansberry during 2022 was $50,440. There are 6 employees at St Margarets Foundation Attn Larry Stansberry.
Here are 5 key members and their salaries (St Margarets Foundation Attn Larry Stansberry's CEO's salary is $66,000 and their total compensation is $240,738):
- Compensation: $66,000
- Related: $174,738
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $39,970
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.stmargaretfoundation.org
Where can I find the form 990 for St Margarets Foundation Attn Larry Stansberry?
St Margarets Foundation Attn Larry Stansberry's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stmargaretfoundation.org
Learn more at the official website: www.stmargaretfoundation.org
Mission Statement of St Margarets Foundation Attn Larry Stansberry
St. Margaret's Foundation, led by Larry Stansberry, is a charitable organization with a mission to contribute to healthcare-related causes. They aim to provide various services beyond just healthcare, including rehabilitation services and the acquisition and operation of real estate. The foundation also accepts donations for charitable, scientific, literary, and educational purposes. Their primary objective is to utilize these resources for the betterment of the community, striving to make a positive impact in these areas.
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Impact
October, 2024
St. Margarets Foundation, under the leadership of Larry Stansberry, has a significant impact on healthcare accessibility and education in New Orleans. By focusing on the development of healthcare facilities aimed at serving the indigent population, the foundation addresses crucial health disparities in the community. Its initiatives go beyond just providing medical services; the foundation also emphasizes rehabilitation services and the establishment of educational programs that enhance the skill sets of healthcare professionals and inform community members about health-related issues.
Through the acquisition and maintenance of real property, the foundation ensures that healthcare services are accessible and sustainable. By administering donations and resources effectively, it supports a wide range of charitable, scientific, literary, and educational efforts, fostering a healthier community overall. This multifaceted approach not only improves immediate healthcare capabilities but also builds long-term resilience in the community's health infrastructure. As a result, St. Margarets Foundation plays a critical role in enhancing the quality of life for many individuals, particularly those who are underserved.
This information is meant to be a general summary of St Margarets Foundation Attn Larry Stansberry. 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: $817
- Gross Receipts: $91,983
Assets and Liabilities:
- Total Assets: $30,188,849
- Total Liabilities: $1,820,417
- Net Assets: $28,368,432
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Organization Details
Founding Year
2010
Phone
(504) 373-5923Principal Officer
Lawrence Stansberry
Main Address
3525 BIENVILLE ST, NEW ORELANS, LA, 70119
Website
www.stmargaretfoundation.orgNTEE Category
Code: E22 - Health
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