Overview
What is Lalmba Association?
The Lalmba Association is a nonprofit organization based in Monument, Colorado, with just two dedicated employees. Their primary focus lies in empowering rural communities in Africa, specifically by providing high-quality basic healthcare services, implementing effective public health initiatives, and offering microfinance opportunities. The organization also demonstrates a strong commitment to supporting vulnerable children, viewing them as a valuable resource and potential future leaders for their communities. Additionally, Lalmba Association extends its mission to offer medical services and care for orphans, as well as training local individuals to help themselves.
Official website here: www.lalmba.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Lalmba Association has received an overall rating of 81%, indicating a solid performance in terms of accountability and finance. This score reflects the organization's commitment to transparency and responsible financial management, as it is based entirely on the Accountability & Finance beacon.
Strengths of Lalmba Association include a majority of independent board members and a high program expense ratio of 88.15%, which suggests that a significant portion of its funds is directed towards its charitable activities. The organization also maintains a comprehensive set of policies, including conflict of interest and whistleblower policies, which enhances its governance standards.
However, the rating primarily highlights strengths in accountability and finance, with no additional information provided on program effectiveness or overall impact. While the organization demonstrates robust financial practices, prospective donors may want to consider seeking more detailed insights into its program outcomes and community impact before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Lalmba Association legitimate?
Lalmba Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lalmba Association 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: $122,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lalmba.org
What is the mission statement of Lalmba Association?
The Lalmba Association's mission is centered around empowering rural communities in Africa. They strive to provide high-quality basic healthcare and implement effective public health initiatives. Additionally, the association offers microfinance services and provides support for vulnerable children, viewing them as a promising future for their communities. The organization has a special affinity for orphans, viewing them not as a burden, but as a beacon of hope for their communities. However, detailed accomplishments and program descriptions are not provided in the given data.
Official website here: www.lalmba.org
Who is the CEO of Lalmba Association?
Jennifer Wenningkamp is the Principal Officer of Lalmba Association.
Official website here: www.lalmba.org
What is the revenue of Lalmba Association?
Lalmba Association's revenue in 2022 was $1,059,383.
Official website here: www.lalmba.org
Who are the executives of Lalmba Association and what are their salaries?
The average compensation at Lalmba Association during 2022 was $61,212. There are 2 employees and 10 volunteers at Lalmba Association.
Here are 8 key members and their salaries:
- Compensation: $53,125
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $53,125
- Related: $0
- Other: $0
Official website here: www.lalmba.org
Where can I find the form 990 for Lalmba Association?
Lalmba Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lalmba.org
Learn more at the official website: www.lalmba.org
Mission Statement of Lalmba Association
Lalmba Association, a nonprofit organization, is committed to empowering rural communities in Africa. Their mission revolves around providing high-quality basic healthcare services and implementing effective public health initiatives. They also offer support for vulnerable children, viewing them as a promising future for their communities rather than a burden. The organization has a special affection for children, recognizing their potential to positively impact their communities. Lalmba Association operates with the belief that every child in these communities deserves a chance at a better life, and they strive to provide the necessary resources and opportunities to make that possible. Their mission is to uplift these communities by improving their access to healthcare, implementing public health initiatives, and supporting children in need.
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Impact
July, 2024
Lalmba Association's impact can be seen in the lives of rural communities in Africa, particularly in Kenya. Through their provision of high-quality basic health care, effective public health initiatives, microfinance support, and care for vulnerable children, Lalmba Association is empowering these communities to improve their quality of life and build a better future. Their focus on children as a brilliant future for their communities highlights their commitment to holistic development and sustainability. Their work not only addresses immediate needs but also aims to create long-term positive changes in the lives of those they serve.
This information is meant to be a general summary of Lalmba Association. 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: $2,702
- Program Service Revenue: $31,291
- Gross Receipts: $1,060,083
Assets and Liabilities:
- Total Assets: $997,178
- Total Liabilities: $5,171
- Net Assets: $992,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
KENYA CLINIC
Revenue
$29,818
ETHIOPIA CLINIC
Revenue
$1,473
Organization Details
Founding Year
1965
Phone
(720) 260-6785Principal Officer
Jennifer Wenningkamp
Main Address
PO BOX 2516, MONUMENT, CO, 80132
Website
www.lalmba.orgNTEE Category
Code: Q300 - International
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