Overview
What is Ludacris Foundation Inc?
Ludacris Foundation Inc, based in East Point, Georgia, is a nonprofit organization with a mission to empower youth. Through their Leadership and Education pillar programs, they inspire young individuals by encouraging goal setting and providing interactive experiences to enhance leadership skills. They've reached over 10,000 students with their message, utilizing various venues like celebrity panels, school visits, and group homes. One of their notable initiatives is Red Carpet Kids, which offers rewarding experiences for students with good grades and conduct, while building self-esteem and confidence. They also organize back-to-school events, providing under-served youth with essentials to boost self-esteem and prepare for a successful educational journey. Their efforts aim to uplift youth, families, communities, and foster economic development.
Official website here: www.theludacrisfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Ludacris Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, indicating areas where the organization can enhance its operations and transparency. With an overall score of 69%, the foundation demonstrates strong accountability in certain aspects, such as having a majority of independent board members and a solid program expense ratio of 76.61%. These metrics reflect a commitment to utilizing funds effectively for their programs.
However, the organization has several limitations that contribute to its low rating. Notably, it lacks essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, the foundation has not posted its tax form on its website, which diminishes its transparency and may raise concerns among potential donors about how funds are managed.
Despite these weaknesses, the foundation's commitment to program expenses shows a focus on mission-driven work. For future improvement, addressing the missing governance policies and enhancing transparency could bolster its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ludacris Foundation Inc?
100% of 12 reviewers on Facebook recommend the Ludacris Foundation Inc. Here's a summary of their insights:
Many individuals express admiration for the positive impact the foundation has, particularly in promoting responsible leadership among young men. Reviewers appreciate the foundation's mission and its efforts to uplift communities. There are also requests for support in helping children, indicating a desire for collaborative initiatives that could further enhance the foundation's reach and effectiveness.
Overall, the sentiment towards the Ludacris Foundation is overwhelmingly positive, highlighting its dedication to empowering the youth and fostering social responsibility. The foundation appears to resonate well with its supporters, who are eager to see its continued growth and influence.
This AI summary has been generated from reviews found on Facebook.
Is Ludacris Foundation Inc legitimate?
Ludacris Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ludacris 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.theludacrisfoundation.org
What is the mission statement of Ludacris Foundation Inc?
The Ludacris Foundation's mission is centered around inspiring and empowering youth. It achieves this by providing education and memorable experiences, enabling them to pursue their dreams. The foundation's efforts extend beyond the individual, positively impacting families, communities, and contributing to economic development. The Ludacris Foundation's activities are concentrated in three primary areas: leadership and education, promoting healthy lifestyles, and Ludacares, which emphasizes care and concern for both the youth and their communities.
Official website here: www.theludacrisfoundation.org
Who is the CEO of Ludacris Foundation Inc?
Roberta Shields is the Chairman of Ludacris Foundation Inc.
Official website here: www.theludacrisfoundation.org
What is the revenue of Ludacris Foundation Inc?
Ludacris Foundation Inc's revenue in 2022 was $552,335.
Official website here: www.theludacrisfoundation.org
Who are the executives of Ludacris Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.theludacrisfoundation.org
Where can I find the form 990 for Ludacris Foundation Inc?
Ludacris Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theludacrisfoundation.org
Learn more at the official website: www.theludacrisfoundation.org
Mission Statement of Ludacris Foundation Inc
The Ludacris Foundation, named after its influential founder, is dedicated to inspiring youth and helping them realize their dreams. This nonprofit organization's mission is to uplift young individuals, families, and communities, fostering economic development through education and memorable experiences. The Ludacris Foundation's activities are centered around three key areas: leadership and education, healthy lifestyles, and Ludacares (a program that lets youth and the community know they are cared for). In the realm of leadership and education, the foundation aims to empower young minds, providing them with the tools and opportunities they need to become leaders in their own right. The focus on healthy lifestyles encourages young people to adopt and maintain balanced and nourishing habits, while Ludacares serves as a reminder that the foundation is there to support and care for the community.
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Impact
July, 2024
The Ludacris Foundation Inc has made a significant impact in inspiring youth through education and memorable experiences to help them achieve their dreams. Some key accomplishments include reaching over 10,000 students with the message of the importance of education, providing red carpet experiences to over 500 youth as rewards for successful school behaviors, distributing public service announcements to encourage students to excel in state/national tests, and organizing back to school events that have positively impacted over 5,000 youth by providing essentials like vision and dental checkups, clothing, and school supplies. The Foundation's efforts in promoting leadership, education, and healthy lifestyles demonstrate a commitment to uplifting youth, families, and communities while fostering economic development.
This information is meant to be a general summary of Ludacris 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.
- Gross Receipts: $552,335
Assets and Liabilities:
- Total Assets: $593,518
- Total Liabilities: $0
- Net Assets: $593,518
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Organization Details
Founding Year
2002
Phone
(404) 684-0094Principal Officer
Roberta Shields
Main Address
3645 MARKETPLACE BLVD SUITE 130-31, EAST POINT, GA, 30344
NTEE Category
Code: T30 - Philanthropy
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