Overview
What is Lageho Community Development Network Inc?
Lageho Community Development Network Inc, commonly known as LAGEHO, is a nonprofit organization situated in Fort Lauderdale, Florida. Their primary focus is to empower underprivileged individuals and communities, aiming to improve their living standards and quality of life. LAGEHO accomplishes this through various means, including disseminating information, advocating for positive social, economic, and cultural change, and providing essential services. One of their notable initiatives is offering free tax preparation assistance in partnership with the IRS, a program known as VITA. Additionally, they provide immigration services, economic development opportunities, medical and psychological support, legal assistance, and initiatives promoting health and wellness. LAGEHO has a dedicated workforce of one employee, demonstrating their commitment to serving their community.
Official website here: www.lageho@lageho.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 32%
Lageho Community Development Network Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored only 32%, reflecting a lack of independent board members and insufficient financial documentation, which raises questions about its governance and oversight.
The nonprofit has strengths in some areas, such as having listed a conflict of interest policy, a whistleblower policy, and maintaining records of board meeting minutes. However, the absence of financial statements and the low program expense ratio of 3.52% suggest that very little of its resources are directed towards its programs, which is a critical aspect of nonprofit effectiveness.
Overall, the major limitations highlighted by the rating include a complete lack of independent board members and missing financial documentation on its website, which can hinder transparency and trust among potential donors and stakeholders. Improving governance practices and enhancing financial reporting would be essential steps for the organization to rebuild credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lageho Community Development Network Inc legitimate?
Lageho Community Development Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lageho Community Development Network 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: $10,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,000
For more financial information, click here
Official website here: www.lageho@lageho.org
What is the mission statement of Lageho Community Development Network Inc?
Lageho Community Development Network Inc's mission is centered around investing in the less fortunate, empowering them to take control of their communities and enhance their quality of life. They achieve this through positive social, economic, and cultural change, utilizing methods such as information dissemination, advocacy, and service provision. The organization leads these transformative changes, partnering with entities like the IRS to offer free tax preparation services to low-income individuals. Additionally, Lageho provides various services including immigration assistance, economic development for financial stability, medical/psychological services, health and wellness programs, and legal aid.
Official website here: www.lageho@lageho.org
Who is the CEO of Lageho Community Development Network Inc?
John Robert Armand is the Executive Director of Lageho Community Development Network Inc.
Official website here: www.lageho@lageho.org
What is the revenue of Lageho Community Development Network Inc?
Lageho Community Development Network Inc's revenue in 2022 was $1,034,291.
Official website here: www.lageho@lageho.org
Who are the executives of Lageho Community Development Network Inc and what are their salaries?
The average compensation at Lageho Community Development Network Inc during 2022 was $34,400. There is 1 employee and 20 volunteers at Lageho Community Development Network Inc.
Here are 2 key members and their salaries:
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $29,400
- Related: $0
- Other: $0
Official website here: www.lageho@lageho.org
Where can I find the form 990 for Lageho Community Development Network Inc?
Lageho Community Development Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lageho@lageho.org
Learn more at the official website: www.lageho@lageho.org
Mission Statement of Lageho Community Development Network Inc
Lageho Community Development Network Inc is an organization dedicated to investing in the less fortunate to empower them to take ownership of their communities and enhance their quality of life. They achieve this by leading positive social, economic, and cultural changes through information, advocacy, and service. One of their key initiatives is a partnership with the IRS for a free tax preparation program for low-income individuals. This program, known as VITA, aims to help individuals maximize their tax refunds and financial stability. Beyond tax preparation, Lageho Community Development Network Inc also offers various services such as immigration assistance, economic development programs, medical and psychological services, and legal aid. Their mission is to uplift and empower individuals, enabling them to actively contribute to and improve their communities.
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Impact
July, 2024
Lageho Community Development Network Inc provides essential services to support the economic stability and well-being of underserved communities. Offering free tax preparation in partnership with the IRS, immigration services, and access to medical, psychological, and legal support, Lageho empowers individuals to take ownership of their communities and improve their quality of life. By leading positive social, economic, and cultural change through advocacy, information, and service, Lageho is making a tangible impact on the lives of those in need in Fort Lauderdale, FL.
This information is meant to be a general summary of Lageho Community Development Network 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.
- Program Service Revenue: $22,000
- Gross Receipts: $1,034,291
Assets and Liabilities:
- Total Assets: $295,586
- Total Liabilities: $183,768
- Net Assets: $111,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMMIGRATION SERVICES
Revenue
$22,000
Organization Details
Founding Year
2004
Phone
(954) 770-9071Principal Officer
John Robert Armand
Main Address
3500 N STATE ROAD 7 300-6, Fort Lauderdale, FL, 33319
Website
www.lageho@lageho.orgNTEE Category
Code: P20 - Human services
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