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Landon Carter Trust Fbo Charities

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

EIN: 326336433 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Landon Carter Trust Fbo Charities?

Landon Carter Trust Fbo Charities is a nonprofit organization situated in Orlando, Florida. Its primary mission is to offer support to three key entities within the community: Boydton Life Station, Boydton United Methodist Church, and Boydton Volunteer Fire Department. The organization achieves this by providing various programs, with a main focus on aiding these institutions, particularly the church and fire department. By doing so, Landon Carter Trust Fbo Charities plays a significant role in strengthening and enriching the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (50%)

The Landon Carter Trust Fbo Charities has received a low rating of 50%, translating to a One-Star out of Four Stars evaluation from Charity Navigator. This score highlights significant concerns regarding the charity's accountability and financial practices. Key areas of deficiency include a complete lack of independent board members and missing financial statements, which raises flags about its governance and transparency.

Despite these shortcomings, the charity does demonstrate a strong program expense ratio of 88.66%, indicating that most of its funds are directed towards its charitable programs. This suggests a commitment to fulfilling its mission, despite the organizational weaknesses indicated by its rating. However, the absence of essential governance policies and documentation, such as a conflict of interest policy and meeting minutes, points to a need for improvement in operational practices.

Overall, while the charity's focus on program expenditures is commendable, the glaring issues in board independence and financial transparency warrant caution for potential donors and stakeholders. Improvements in governance could enhance the trust and effectiveness of the organization.


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

Is Landon Carter Trust Fbo Charities legitimate?

Landon Carter Trust Fbo Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Landon Carter Trust Fbo Charities 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: $39,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Landon Carter Trust Fbo Charities?

Landon Carter Trust Fbo Charities is dedicated to offering assistance to three key entities: Boydton Life Station, Boydton United Methodist Church, and Boydton Volunteer Fire Dept. Through its initiatives, the organization provides support to these entities, specifically aiding the church and fire department. While the exact nature of this support is not specified in the provided information, it is clear that Landon Carter Trust Fbo Charities is committed to contributing to the well-being and operations of these organizations.

Who is the CEO of Landon Carter Trust Fbo Charities?

Truist Bank is the Trustee of Landon Carter Trust Fbo Charities.

What is the revenue of Landon Carter Trust Fbo Charities?

Landon Carter Trust Fbo Charities's revenue in 2022 was $71,673.

Who are the executives of Landon Carter Trust Fbo Charities and what are their salaries?


There is 1 key member and their salary:


Truist Bank (Trustee)
  • Compensation: $39,194
  • Related: $0
  • Other: $0
Where can I find the form 990 for Landon Carter Trust Fbo Charities?

Landon Carter Trust Fbo Charities's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Landon Carter Trust Fbo Charities

Landon Carter Trust Fbo Charities, as a nonprofit organization, is committed to providing support to three key entities in its community: Boydton Life Station, Boydton United Methodist Church, and Boydton Volunteer Fire Dept. Through its programs, this charity extends its aid to these organizations, contributing to their operations and well-being. By doing so, Landon Carter Trust Fbo Charities plays a vital role in strengthening the fabric of its community. The organization's mission is grounded in the belief that the ongoing success and well-being of these institutions are essential for the overall well-being of the community at large.

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Impact




October, 2024

Landon Carter Trust Fbo Charities significantly impacts the community by providing essential support to vital local institutions such as Boydton Life Station, Boydton United Methodist Church, and Boydton Volunteer Fire Department. This support plays a crucial role in enhancing community services, ensuring access to emergency services, promoting spiritual well-being, and fostering community spirit.

By backing the Boydton Life Station, the trust helps ensure that residents have access to necessary medical services, which is vital for maintaining public health and safety. The support for the Boydton United Methodist Church aids in its community-building activities, providing a space for worship, fellowship, and various outreach programs that strengthen social ties among residents. Additionally, assisting the Boydton Volunteer Fire Department contributes to the safety and security of the community, equipping volunteer firefighters with the resources they need to respond effectively to emergencies.

Overall, Landon Carter Trust Fbo Charities plays a pivotal role in nurturing the fabric of the Boydton community, promoting philanthropy, and enhancing the quality of life for its residents.




This information is meant to be a general summary of Landon Carter Trust Fbo Charities. 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
$71,673 (2022)
Expenses
$173,192 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $71,673
  • Gross Receipts: $1,362,360

Assets and Liabilities:

  • Total Assets: $2,578,872
  • Total Liabilities: $0
  • Net Assets: $2,578,872

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Organization Details

Founding Year

1999

Principal Officer

Truist Bank

Main Address

PO BOX 919798, ORLANDO, FL, 328919798

NTEE Category

Code: T31 - Philanthropy

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