Overview
What is Life Generation Usa Inc?
Life Generation USA is a nonprofit organization that focuses on improving education and providing aid to individuals of Lebanese descent who are experiencing financial hardships, regardless of their residency. Their mission encompasses fostering academic advancement and alleviating financial difficulties within this community. The specific activities and schedules of their operations, however, are not detailed in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
Life Generation USA Inc has received an 82% score from Charity Navigator, placing it in the Three-Star category, which highlights a solid level of accountability and financial health. The rating is solely based on the Accountability & Finance beacon, indicating that the organization demonstrates strong financial management practices.
The nonprofit showcases a full score for having an independent board, with all eight members meeting the criteria. Additionally, it has a favorable liabilities to assets ratio of 0.00%, signifying that the organization has no significant debts. The program expense ratio is impressive at 97.5%, showing that a significant portion of its resources is directed towards its mission-related activities.
However, the single beacon score means that other aspects of the organization's performance, such as impact metrics and donor engagement, are not evaluated in this rating. While the financial health appears robust, potential donors may want to look beyond the numbers for a comprehensive understanding of the nonprofit's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Life Generation Usa Inc legitimate?
Life Generation Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Generation Usa 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
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What is the mission statement of Life Generation Usa Inc?
Life Generation USA is an organization that works towards the advancement of education and alleviating the hardships caused by financial difficulties among the Lebanese community, regardless of their citizenship or residence. The mission of this organization is to provide relief for those in need due to financial disadvantage, with a specific focus on the Lebanese population. They strive to promote education as a means of bettering individuals' lives and circumstances.
Who is the CEO of Life Generation Usa Inc?
Khalil Barrage is the President of Life Generation Usa Inc.
What is the revenue of Life Generation Usa Inc?
Life Generation Usa Inc's revenue in 2022 was $643,384.
Who are the executives of Life Generation Usa Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Life Generation Usa Inc?
Life Generation Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life Generation Usa Inc
Life Generation USA is an organization that is committed to fostering the progress of education and addressing financial hardships among the Lebanese community, regardless of their citizenship or residence. This nonprofit aims to uplift individuals of Lebanese descent who may be struggling financially, providing them with the resources they need to overcome these challenges. Life Generation USA's mission is to serve as a beacon of support for the Lebanese community, helping to alleviate the burden of financial disadvantage and paving the way for their educational advancement.
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Impact
July, 2024
Life Generation USA Inc has a significant impact on promoting education and providing relief to those experiencing financial disadvantage within the Lebanese community. Through its mission, the organization works tirelessly to advance education and support individuals facing economic hardships, ultimately improving the lives of Lebanese individuals and communities.
This information is meant to be a general summary of Life Generation Usa 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: $643,384
Assets and Liabilities:
- Total Assets: $345,976
- Total Liabilities: $0
- Net Assets: $345,976
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Organization Details
Founding Year
2014
Phone
(917) 348-1931Principal Officer
Khalil Barrage
Main Address
1632 FIRST AVENUE 20858, NEW YORK, NY, 10028
NTEE Category
Code: B82 - Education
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