Overview
What is Lakeshore Excellence Foundation?
The Lakeshore Excellence Foundation is a nonprofit organization situated in Stevensville, Michigan. Its primary mission is to support Lakeshore Public Schools by providing various grants. These grants aim to enhance the educational experience for students and teachers by purchasing necessary IT equipment, software, and teaching aids. The foundation achieves this goal through various fundraising projects, contributing to programs and initiatives that supplement and enrich the learning process within the school system.
Official website here: www.lefonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Lakeshore Excellence Foundation has achieved a Three-Star rating based on a comprehensive evaluation of its Accountability and Finance practices, with an overall score of 84%. This score reflects a strong commitment to transparency and responsible financial management, highlighting the foundation's dedication to maintaining a high standard of governance.
The organization boasts an entirely independent board, which contributes positively to its accountability structure. Key strengths include a high percentage of program expenses (94.23%), indicating that most funds are directed towards the foundation's mission rather than administrative costs. Additionally, the foundation has no reported material diversion of assets, and it successfully posts its tax forms on its website, demonstrating transparency.
However, the evaluation notes some limitations, including the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. While these areas do not detract significantly from the overall score, addressing these shortcomings could further enhance the foundation's governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeshore Excellence Foundation legitimate?
Lakeshore Excellence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeshore Excellence 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: $1,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lefonline.org
What is the mission statement of Lakeshore Excellence Foundation?
The Lakeshore Excellence Foundation supports local public schools by funding various projects that enhance and supplement the education process. Through their fundraising initiatives, they provide resources for programs that enrich learning experiences for both students and teachers. The foundation achieves this by issuing grants to purchase educational tools such as information technology equipment and teaching aids. Their mission is centered around improving the educational environment and fostering a conducive learning atmosphere.
Official website here: www.lefonline.org
Who is the CEO of Lakeshore Excellence Foundation?
Jc Anderson is the Principal Officer of Lakeshore Excellence Foundation.
Official website here: www.lefonline.org
What is the revenue of Lakeshore Excellence Foundation?
Lakeshore Excellence Foundation's revenue in 2022 was $837,834.
Official website here: www.lefonline.org
Who are the executives of Lakeshore Excellence Foundation and what are their salaries?
There 22 volunteers at Lakeshore Excellence Foundation.
Here are 28 key members and their salaries:
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Official website here: www.lefonline.org
Where can I find the form 990 for Lakeshore Excellence Foundation?
Lakeshore Excellence Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lefonline.org
Learn more at the official website: www.lefonline.org
Mission Statement of Lakeshore Excellence Foundation
Lakeshore Excellence Foundation, a nonprofit organization, is dedicated to supporting Lakeshore Public Schools through various fundraising projects. Their mission is to enrich and supplement the educational process for both students and teaching staff by providing funds for programs and projects. This has been accomplished by allocating grants for the purchase of information technology equipment, software, and various teaching and learning aids. By doing so, the Lakeshore Excellence Foundation aims to enhance the learning experience and resources available within the school system.
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Impact
July, 2024
Lakeshore Excellence Foundation's impact is felt through its support of Lakeshore Public Schools, enhancing the education process for students and teaching staff. By issuing grants for information technology equipment, software, and teaching aids, the foundation enriches the learning environment and promotes educational excellence. Through various fundraising projects, Lakeshore Excellence Foundation plays a crucial role in supplementing and enriching the educational experience at Lakeshore Public Schools in Stevensville, MI.
This information is meant to be a general summary of Lakeshore Excellence 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: $704
- Gross Receipts: $867,789
Assets and Liabilities:
- Total Assets: $900,246
- Total Liabilities: $154,400
- Net Assets: $745,846
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Organization Details
Founding Year
1997
Phone
(269) 428-1400Principal Officer
Jc Anderson
Main Address
5771 CLEVELAND AVE, STEVENSVILLE, MI, 49127
Website
www.lefonline.orgNTEE Category
Code: T20 - Philanthropy
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