Overview
What is Laguna Niguel Rotary Foundation Inc?
Laguna Niguel Rotary Foundation Inc is a locally-focused nonprofit organization, headquartered in the community. Their primary mission is to lend a helping hand to local charities and offer educational scholarships to deserving individuals. They carry out this mission through various programs like the Dictionary Project and Wells of Life, which are geared towards uplifting the community. As a dedicated community service club, Laguna Niguel Rotary Foundation Inc remains steadfast in its commitment to bettering society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Laguna Niguel Rotary Foundation Inc has received a One-Star rating from Charity Navigator, indicating a significant concern surrounding its accountability and financial practices. With a score of 53%, the organization shows weaknesses in several key governance areas, notably having no independent board members and lacking essential policies that promote transparency and ethical management.
Despite these governance issues, the charity maintains a strong program expense ratio of 77.56%, suggesting that a substantial portion of its funds is directed towards its charitable programs. Additionally, the organization has reported no material diversion of assets, reflecting a commitment to safeguarding its resources. However, the absence of a visible online presence and missing documentation policies raises red flags regarding its operational transparency.
In conclusion, while the Laguna Niguel Rotary Foundation demonstrates a focus on program spending and shows no signs of asset mismanagement, its governance structure and lack of essential policies are significant limitations that potential donors and stakeholders should consider. The organization's rating underscores the need for improvements in accountability measures to build greater trust with the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Laguna Niguel Rotary Foundation Inc legitimate?
Laguna Niguel Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laguna Niguel Rotary 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
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What is the mission statement of Laguna Niguel Rotary Foundation Inc?
The Laguna Niguel Rotary Foundation Inc's mission is centered around supporting local charities and providing scholarships to local individuals. In line with this objective, the foundation engages in various programs such as the Dictionary Project and Wells of Life, all aimed at uplifting the community. As a community-focused organization, the Laguna Niguel Rotary Foundation remains dedicated to serving society by fulfilling its mission.
Who is the CEO of Laguna Niguel Rotary Foundation Inc?
Chandra Chell is the President of Laguna Niguel Rotary Foundation Inc.
What is the revenue of Laguna Niguel Rotary Foundation Inc?
Laguna Niguel Rotary Foundation Inc's revenue in 2022 was $71,441.
Who are the executives of Laguna Niguel Rotary Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Laguna Niguel Rotary Foundation Inc?
Laguna Niguel Rotary Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laguna Niguel Rotary Foundation Inc
The Laguna Niguel Rotary Foundation, a dedicated community service club, is committed to supporting local charities and providing scholarships for local students. Its mission is multifaceted, encompassing various programs designed to uplift the community. One such initiative is the Dictionary Project, which aims to distribute dictionaries to local students, fostering a love for learning and literacy. Another program, Wells of Life, works towards providing clean water sources in underprivileged communities, demonstrating the foundation's commitment to both local and global causes. In line with its mission, the Laguna Niguel Rotary Foundation remains steadfast in its endeavors to serve and better its community.
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Impact
August, 2024
The impact of Laguna Niguel Rotary Foundation Inc is noteworthy in supporting local charities and providing scholarships to individuals in the community. Through programs like the Dictionary Project and Wells of Life, the foundation is actively involved in uplifting the community and making a positive difference. Their commitment to serving society reflects their dedication to their mission of supporting local charities and scholarships, ultimately benefiting many individuals and organizations in Laguna Niguel.
This information is meant to be a general summary of Laguna Niguel Rotary 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: $68,859
- Gross Receipts: $71,441
Assets and Liabilities:
- Total Assets: $226,629
- Total Liabilities: $0
- Net Assets: $226,629
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Organization Details
Founding Year
2003
Phone
(949) 212-9038Principal Officer
Chandra Chell
Main Address
PO Box 6281, Laguna Niguel, CA, 92607
NTEE Category
Code: W30 - Public benefit
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