Overview
What is Buena Vida Foundation Inc?
Buena Vida Foundation Inc, located in Melbourne, Florida, is a nonprofit organization dedicated to enhancing the living conditions and overall well-being of its residents. By funding capital improvements and employee educational scholarships, the foundation aims to create a more appealing and caring environment for its employees. Additionally, the foundation supports activities that contribute to the physical, spiritual, and mental health of its residents. Furthermore, Buena Vida Foundation Inc extends its support to outside charitable organizations as well. The organization has served approximately 200 individuals through resident assistance, resident nursing services, and local transportation.
Official website here: www.buenavidafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Buena Vida Foundation Inc has earned a rating of 76%, translating to a Three-Star designation on Charity Navigator, which reflects an accountability and finance score. This rating is based entirely on their strong performance in accountability measures, such as having a fully independent board of directors and no material diversion of assets, indicating a high level of transparency and integrity in their operations.
The organization's financial health is noteworthy, with a program expense ratio of 86.83%, signifying that a significant portion of their funds is allocated directly to their programs. Additionally, they have maintained a strong liabilities-to-assets ratio of 0.00%, which suggests sound financial management practices. However, the foundation has some gaps, notably the absence of policies for conflict of interest, whistleblowing, and document retention, which could impact their overall governance standards.
While the foundation demonstrates commendable financial accountability and transparency, addressing the missing governance policies could enhance its rating and public trust. Strengthening these areas may further solidify their commitment to effective management and operational excellence.
This AI summary has been generated from information found on Charity Navigator.
Is Buena Vida Foundation Inc legitimate?
Buena Vida Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buena Vida Foundation 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buenavidafoundation.org
What is the mission statement of Buena Vida Foundation Inc?
The Buena Vida Foundation's mission is centered around improving the quality of life for its residents and making Buena Vida Estates a more appealing and caring work environment for its employees. To achieve this, the foundation funds capital improvements and provides educational scholarships for employees. Additionally, it supports activities that contribute to the physical, spiritual, and mental health of the residents. Furthermore, the foundation extends its aid to outside charitable organizations.
Official website here: www.buenavidafoundation.org
Who is the CEO of Buena Vida Foundation Inc?
Karin Lautenschlager is the President of Buena Vida Foundation Inc.
Official website here: www.buenavidafoundation.org
What is the revenue of Buena Vida Foundation Inc?
Buena Vida Foundation Inc's revenue in 2022 was $57,042.
Official website here: www.buenavidafoundation.org
Who are the executives of Buena Vida Foundation Inc and what are their salaries?
There 8 volunteers at Buena Vida Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.buenavidafoundation.org
Where can I find the form 990 for Buena Vida Foundation Inc?
Buena Vida Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buenavidafoundation.org
Learn more at the official website: www.buenavidafoundation.org
Mission Statement of Buena Vida Foundation Inc
Buena Vida Foundation Inc is committed to enhancing the quality of life for its residents and making Buena Vida Estates a more appealing and compassionate workplace for its employees. To achieve this, the foundation invests in capital improvements and offers employee educational scholarships. Moreover, it supports activities that contribute to the physical, spiritual, and mental well-being of the residents. Furthermore, Buena Vida Foundation Inc extends its support to outside charitable organizations. By undertaking these endeavors, the foundation aims to create a more desirable and caring environment for both residents and employees.
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Impact
August, 2024
Buena Vida Foundation Inc's impact is focused on improving the quality of life for Buena Vida residents and creating a more desirable and caring workplace for its employees. The foundation achieves this by funding capital improvements and providing educational scholarships for employees. Additionally, Buena Vida Foundation supports activities that promote the physical, spiritual, and mental health of the residents. Through its initiatives, the foundation has served approximately 200 individuals with resident assistance, nursing services, and local transportation, making a positive difference in the lives of those in the Buena Vida community.
This information is meant to be a general summary of Buena Vida Foundation 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.
- Investment Income: -$15,724
- Gross Receipts: $706,136
Assets and Liabilities:
- Total Assets: $864,979
- Total Liabilities: $0
- Net Assets: $864,979
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Organization Details
Founding Year
2001
Phone
(321) 724-0060Principal Officer
Karin Lautenschlager
Main Address
2129 W NEW HAVEN AVENUE, MELBOURNE, FL, 329043875
Website
www.buenavidafoundation.orgNTEE Category
Code: T20 - Philanthropy
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