Overview
What is Foundation For Lutheran Child And Family Services Of Indiana Inc?
The Foundation For Lutheran Child And Family Services Of Indiana Inc is a nonprofit organization dedicated to supporting Lutheran Child & Family Services (LCFS). Their primary purpose is to enhance LCFS's capacity to address human needs through compassionate care and counseling, improving dignity and quality of life. They accomplish this by managing a food pantry and children's clothing bank, known as the Sharing Place. Additionally, the foundation raises funds for LCFS programs, including Lutherwood, emergency shelter care, Trinity House residential programs, and community-based services like Inspire and Pando. Residential services provide essentials like food, shelter, medical care, and counseling to over 100 youth annually. The foundation also supports initiatives to expand programming for youth and young adults, such as the Pando Aspen Grove of Community Heights permanent supportive housing program.
Official website here: www.lutheranfamily.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star rating
Foundation For Lutheran Child And Family Services Of Indiana Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. This score reflects the organization’s commitment to transparency, with a perfect score in various governance factors, including having a majority of independent board members and robust conflict of interest and whistleblower policies.
The nonprofit exhibits commendable financial management, evidenced by its low liabilities-to-assets ratio of 6.24% and a fundraising efficiency ratio of $0.15. These figures suggest that the organization is effective in utilizing donations, minimizing costs associated with fundraising while maintaining a significant working capital to support its programs.
However, while the program expense ratio stands at 62.67%, indicating over a third of funds may not directly support programs, this area highlights an opportunity for improvement. While the overall financial integrity is strong, potential donors may wish to consider this aspect when evaluating the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Lutheran Child And Family Services Of Indiana Inc legitimate?
Foundation For Lutheran Child And Family Services Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Lutheran Child And Family Services Of Indiana 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.lutheranfamily.org
What is the mission statement of Foundation For Lutheran Child And Family Services Of Indiana Inc?
The Foundation For Lutheran Child and Family Services of Indiana Inc's mission is centered around providing a permanent endowment to support Lutheran Child & Family Services of Indiana, a related organization. This endowment aims to enhance their capacity to serve human needs by offering compassionate care and counseling services. The goal is to enhance dignity and improve the quality of life for those they serve. In 2020, the foundation sought opportunities to expand programming for youth and young adults. This led to the implementation of the Pando Aspen Grove of Community Heights Permanent Supportive Housing Program, which opened in July 2021. The foundation also supports various LCFS programs, including Lutherwood, emergency shelter care, Trinity House residential programs, community-based services, Inspire, Pando, and spiritual growth programs. These residential services offer essentials like food, shelter, education, medical care, and counseling to youth living in their programs.
Official website here: www.lutheranfamily.org
Who is the CEO of Foundation For Lutheran Child And Family Services Of Indiana Inc?
Cheryl Troyer is the President of Foundation For Lutheran Child And Family Services Of Indiana Inc. The CEO's salary of Foundation For Lutheran Child And Family Services Of Indiana Inc is $0 and their total compensation is $197,094.
Official website here: www.lutheranfamily.org
What is the revenue of Foundation For Lutheran Child And Family Services Of Indiana Inc?
Foundation For Lutheran Child And Family Services Of Indiana Inc's revenue in 2022 was $5,405,592.
Official website here: www.lutheranfamily.org
Who are the executives of Foundation For Lutheran Child And Family Services Of Indiana Inc and what are their salaries?
There 153 volunteers at Foundation For Lutheran Child And Family Services Of Indiana Inc.
Here are 8 key members and their salaries (Foundation For Lutheran Child And Family Services Of Indiana Inc's CEO's salary is $0 and their total compensation is $197,094):
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- Related: $168,500
- Other: $28,594
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- Other: $0
Official website here: www.lutheranfamily.org
Where can I find the form 990 for Foundation For Lutheran Child And Family Services Of Indiana Inc?
Foundation For Lutheran Child And Family Services Of Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lutheranfamily.org
Learn more at the official website: www.lutheranfamily.org
Mission Statement of Foundation For Lutheran Child And Family Services Of Indiana Inc
The Foundation for Lutheran Child and Family Services of Indiana Inc is dedicated to establishing a perpetual endowment for Lutheran Child & Family Services of Indiana, Inc., a related organization. This endowment aims to augment the capabilities of the latter in addressing human needs by offering compassionate care and counseling services. The objective is to enhance the dignity and improve the quality of life for those they serve. In particular, the Foundation focuses on supporting programs that cater to youth and young adults, seeking opportunities to expand these services in 2020 and beyond.
In line with its mission, the Foundation for Lutheran Child and Family Services of Indiana Inc has raised funds for various programs under Lutheran Child & Family Services of Indiana, including Lutherwood, Emergency Shelter Care, and Trinity House Residential Programs. These residential services provide essentials such as food, shelter, education, basic medical care, and counseling/therapy to youth residing at Lutherwood, Trinity House, and the organization's Emergency Shelter Care Programs. Additionally, the Foundation supports mentoring and independent living skills training for clients enrolled in these residential programs. In 2022, these residential services served 106 youth.
While the provided information does not offer explicit details about the community-based programs, it mentions that such initiatives provide additional support in the community for children and families (see Schedule O for continuation). This suggests that the Foundation's mission extends beyond its focus on youth and young adults, aiming to positively impact various aspects of the community's well-being.
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Impact
October, 2024
Foundation For Lutheran Child And Family Services Of Indiana Inc significantly enhances the ability of Lutheran Child & Family Services of Indiana to meet critical human needs. Through fundraising and the establishment of programs, the Foundation has created a sustainable source of support for essential services, fostering dignity and improving quality of life for vulnerable populations.
By raising funds for various programs, including residential services at Lutherwood, emergency shelter care, and the Trinity House residential programs, the Foundation has directly impacted the lives of youth in need. In 2022 alone, these residential programs successfully served 106 youth, providing food, shelter, education, basic medical care, and counseling. Moreover, the Foundation has been instrumental in expanding opportunities for youth and young adults, including the development of the Pando Aspen Grove program, which offers permanent supportive housing.
In addition to residential support, the Foundation's community-based programs, such as Inspire, provide essential resources for children and families, extending its reach beyond immediate shelter and care. This holistic approach ensures comprehensive support, helping clients develop independent living skills and offering mentoring, ultimately empowering them to succeed in their lives.
The management and maintenance of the Sharing Place Food Pantry and Children's Clothing Bank are also crucial components of the Foundation's impact, addressing immediate needs in the community and promoting well-being for families facing economic challenges. Overall, the Foundation serves as a vital support system, ensuring that Lutheran Child & Family Services can continue to deliver compassionate care and programs that uplift individuals and families in Indiana.
This information is meant to be a general summary of Foundation For Lutheran Child And Family Services Of Indiana 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: $1,258,242
- Program Service Revenue: $1,630,813
- Gross Receipts: $5,419,529
Assets and Liabilities:
- Total Assets: $62,099,258
- Total Liabilities: $3,879,063
- Net Assets: $58,220,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE/RENTAL
Revenue
$1,630,813
Organization Details
Founding Year
1989
Phone
(317) 359-5467Principal Officer
Cheryl Troyer
Main Address
1525 N RITTER AVE, INDIANAPOLIS, IN, 46219
Website
www.lutheranfamily.orgNTEE Category
Code: P110 - Human services
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