Overview
What is Lutheran Child And Family Services Of Illinois Foundation?
Lutheran Child And Family Services Of Illinois Foundation is a nonprofit organization situated in Oakbrook Terrace, Illinois. Its primary role is to raise and manage funds for Lutheran Child and Family Services (LCFS). This foundation aims to ensure the financial sustainability and enhancement of LCFS programs, which cater to children, youth, families, and communities. By utilizing prudent financial management and fund allocation, the foundation supports LCFS in addressing its program needs effectively.
Official website here: www.lcfs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
Lutheran Child And Family Services Of Illinois Foundation has received a low rating of 57%, indicating significant areas for improvement. The accountability and finance score reflects strengths in governance, with 81% of board members being independent and no material diversion of assets reported. However, the charity falls short in its financial reporting, as it lacks a posted tax form on its website and has a poor program expense ratio, which raises concerns about transparency and financial management.
Though the organization has strong policies in place, such as conflict of interest and whistleblower policies, the absence of a tax form and a program expense ratio of 0.00% suggest that the charity may not be effectively utilizing its resources toward its mission. Potential donors and stakeholders may want to consider these limitations critically when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Child And Family Services Of Illinois Foundation legitimate?
Lutheran Child And Family Services Of Illinois Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Child And Family Services Of Illinois 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,721
For more financial information, click here
Official website here: www.lcfs.org
What is the mission statement of Lutheran Child And Family Services Of Illinois Foundation?
The Lutheran Child and Family Services of Illinois Foundation's mission is centered around ensuring the long-term sustainability of the Lutheran Child and Family Services of Illinois. This is accomplished by developing private financial resources, managing these resources prudently, and making them available to address the needs of the organization's programs. The ultimate goal is to strengthen the programs that serve children, youth, families, and communities associated with Lutheran Child and Family Services, ensuring their continued operation and impact.
Official website here: www.lcfs.org
Who is the CEO of Lutheran Child And Family Services Of Illinois Foundation?
Michael Bertrand is the CEO of Lutheran Child And Family Services Of Illinois Foundation The CEO's salary of Lutheran Child And Family Services Of Illinois Foundation is $0 and their total compensation is $260,785.
Official website here: www.lcfs.org
What is the revenue of Lutheran Child And Family Services Of Illinois Foundation?
Lutheran Child And Family Services Of Illinois Foundation's revenue in 2024 was $408,086.
Official website here: www.lcfs.org
Who are the executives of Lutheran Child And Family Services Of Illinois Foundation and what are their salaries?
There 12 volunteers at Lutheran Child And Family Services Of Illinois Foundation.
Here are 14 key members and their salaries (Lutheran Child And Family Services Of Illinois Foundation's CEO's salary is $0 and their total compensation is $260,785):
- Compensation: $0
- Related: $234,254
- Other: $26,531
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $200,398
- Other: $24,417
- Compensation: $0
- Related: $206,500
- Other: $12,146
- Compensation: $0
- Related: $158,129
- Other: $2,270
Official website here: www.lcfs.org
Where can I find the form 990 for Lutheran Child And Family Services Of Illinois Foundation?
Lutheran Child And Family Services Of Illinois Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lcfs.org
Learn more at the official website: www.lcfs.org
Mission Statement of Lutheran Child And Family Services Of Illinois Foundation
The Lutheran Child and Family Services Of Illinois Foundation's mission is centered around ensuring the long-term sustainability of the Lutheran Child and Family Services of Illinois. This is achieved through the development of private financial resources and the prudent management of these resources. The foundation's ultimate goal is to make these financial resources available to address the needs of the Lutheran Child and Family Services of Illinois' various programs, which primarily serve children, youth, families, and communities. The foundation's role is crucial in ensuring the financial stability and enhancement of the LCFS programs.
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Impact
October, 2024
Lutheran Child and Family Services of Illinois Foundation plays a crucial role in ensuring the long-term sustainability and effectiveness of programs that serve children, youth, families, and communities throughout the region. By acquiring and managing private financial resources, the foundation provides essential support to Lutheran Child and Family Services (LCFS), enabling it to respond effectively to diverse program needs.
Through prudent stewardship of gifts and donations, the foundation strengthens LCFS operations, allowing it to focus on delivering impactful human services. This commitment not only ensures fiscal sustainability but also enhances the capacity of LCFS to positively influence the lives of those it serves. The foundation's work fosters resilience and well-being within communities, making a lasting difference in the fabric of society.
This information is meant to be a general summary of Lutheran Child And Family Services Of Illinois 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 2024.
- Investment Income: $230,528
- Gross Receipts: $2,153,315
Assets and Liabilities:
- Total Assets: $7,617,815
- Total Liabilities: $14,100
- Net Assets: $7,603,715
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Organization Details
Founding Year
1998
Principal Officer
Michael A Bertrand
Website
www.lcfs.orgNTEE Category
Code: P114 - Human services
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