Overview
What is Lakewood Rangers Education Foundation?
The Lakewood Rangers Education Foundation is a nonprofit organization that plays a vital role in supporting educational growth. Based on the provided information, their primary mission is to aid in covering educational expenses. They accomplish this by offering scholarships and grants for higher education, which includes college and post-secondary studies. Furthermore, they provide funding for special projects and programs designed to benefit Lakewood students and public schools. This commitment to education extends beyond financial assistance, as they also support unique initiatives that enhance the learning experience for students in the Lakewood community.
Official website here: www.lakewoodrangers.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
The Lakewood Rangers Education Foundation has achieved a commendable score of 91%, which reflects its strong performance in various operational aspects. With a Four-Star rating, the foundation demonstrates excellence in areas such as Impact & Measurement, Culture & Community, and Leadership & Adaptability, all scoring a perfect 100. This indicates that the organization is effective in its mission and engages well with its community and stakeholders.
Financially, the foundation maintains a healthy Program Expense Ratio of 77.47%, suggesting that a significant portion of its funding is directed towards its programs. Additionally, the organization has a low Liabilities to Assets Ratio of 10.36%, indicating solid financial stability. The board governance is also noteworthy, with 100% independent board members, ensuring transparency and accountability in decision-making.
While the foundation excels in many areas, its Accountability & Finance score of 76 suggests there may be room for improvement in this domain. Nevertheless, the absence of material diversion of assets and the high scores in feedback collection and usage reflect a strong commitment to measuring and enhancing its impact. Overall, the Lakewood Rangers Education Foundation shows a solid operational framework and a commitment to its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Rangers Education Foundation legitimate?
Lakewood Rangers Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Rangers Education 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:
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Other Salaries and Wages: $72,540
For more financial information, click here
Official website here: www.lakewoodrangers.com
What is the mission statement of Lakewood Rangers Education Foundation?
The Lakewood Rangers Education Foundation serves a mission to aid in educational expenses. It accomplishes this by offering scholarships and grants for higher education and post-high school studies, as well as funding for special projects and programs that benefit Lakewood students and public schools. By providing these resources, the foundation aims to support the academic growth and development of students within the Lakewood community.
Official website here: www.lakewoodrangers.com
Who is the CEO of Lakewood Rangers Education Foundation?
Terri Richards is the Trustee of Lakewood Rangers Education Foundation.
Official website here: www.lakewoodrangers.com
What is the revenue of Lakewood Rangers Education Foundation?
Lakewood Rangers Education Foundation's revenue in 2022 was $465,270.
Official website here: www.lakewoodrangers.com
Who are the executives of Lakewood Rangers Education Foundation and what are their salaries?
The average compensation at Lakewood Rangers Education Foundation during 2022 was $36,270. There are 2 employees and 30 volunteers at Lakewood Rangers Education Foundation.
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Official website here: www.lakewoodrangers.com
Where can I find the form 990 for Lakewood Rangers Education Foundation?
Lakewood Rangers Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewoodrangers.com
Learn more at the official website: www.lakewoodrangers.com
Mission Statement of Lakewood Rangers Education Foundation
The Lakewood Rangers Education Foundation, in its mission, seeks to alleviate educational expenses for individuals in Lakewood. It accomplishes this by offering scholarships and grants for higher education, including college and post-secondary studies. Furthermore, the foundation extends its aid to special projects and programs within the Lakewood community's public schools. In essence, the Lakewood Rangers Education Foundation serves as a vital resource for fostering academic growth and opportunity for its local students.
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Impact
July, 2024
The Lakewood Rangers Education Foundation's impact is felt in the community through its assistance in educational expenses. By providing scholarships and grants for college and post-high school education, as well as grants for special projects and programs to Lakewood students and public schools, the foundation plays a crucial role in supporting academic achievement and educational opportunities in the area. Through its focus on education, the Lakewood Rangers Education Foundation contributes to the growth and success of students in Lakewood, Ohio.
This information is meant to be a general summary of Lakewood Rangers Education 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $124,658
- Gross Receipts: $527,075
Assets and Liabilities:
- Total Assets: $2,161,910
- Total Liabilities: $230,708
- Net Assets: $1,931,202
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Organization Details
Founding Year
1984
Phone
(216) 529-4033Principal Officer
Terri Richards
Main Address
14100 FRANKLIN BLVD, LAKEWOOD, OH, 44107
Website
www.lakewoodrangers.comNTEE Category
Code: B12 - Education
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