Overview
What is Ed Lucas Foundation Inc?
The Ed Lucas Foundation Inc, situated in Union, New Jersey, is a nonprofit organization with a noble mission. It primarily aims to raise funds and awareness for organizations that cater to the needs of visually impaired individuals as well as charities benefiting those with various other disabilities. One of their significant initiatives involves supporting the cost of training guide dogs through the Seeing Eye, an organization dedicated to aiding the visually impaired. The foundation's activities extend beyond fundraising, as they also work towards enhancing public awareness about the challenges faced by individuals with disabilities.
Official website here: www.theedlucasfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Overall Score: 67%
The Ed Lucas Foundation Inc has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement. The overall score of 67% reflects strengths in areas such as having a majority independent board and a good program expense ratio, suggesting a commitment to its mission and efficient allocation of resources towards programs.
However, significant weaknesses were noted in areas of accountability and finance, particularly in governance policies. The organization scored zero points in crucial categories such as conflict of interest policy and whistleblower policy, which raises concerns about transparency and ethical practices. Additionally, while the foundation has a solid program expense ratio, the liabilities exceed assets by a considerable margin, reflecting potential financial risks.
Overall, while the Ed Lucas Foundation shows promise in its commitment to its programs, it needs to address its governance and accountability shortcomings to enhance its operational effectiveness and donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Ed Lucas Foundation Inc legitimate?
Ed Lucas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ed Lucas Foundation 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
For more financial information, click here
Official website here: www.theedlucasfoundation.org
What is the mission statement of Ed Lucas Foundation Inc?
The Ed Lucas Foundation Inc's mission is centered around raising funds and fostering awareness for organizations that cater to individuals with visual impairments and other disabilities. They strive to support charities that work towards enhancing the lives of these individuals. One of their key initiatives involves assisting in the cost of training guide dogs at the Seeing Eye. This foundation aims to make a significant impact in the lives of those with disabilities, providing them with the necessary resources and support.
Official website here: www.theedlucasfoundation.org
Who is the CEO of Ed Lucas Foundation Inc?
Allison L Lucas is the Trustee of Ed Lucas Foundation Inc.
Official website here: www.theedlucasfoundation.org
What is the revenue of Ed Lucas Foundation Inc?
Ed Lucas Foundation Inc's revenue in 2022 was $51,076.
Official website here: www.theedlucasfoundation.org
Who are the executives of Ed Lucas Foundation Inc and what are their salaries?
There 40 volunteers at Ed Lucas Foundation Inc.
Here are 5 key members and their salaries:
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Official website here: www.theedlucasfoundation.org
Where can I find the form 990 for Ed Lucas Foundation Inc?
Ed Lucas Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theedlucasfoundation.org
Learn more at the official website: www.theedlucasfoundation.org
Mission Statement of Ed Lucas Foundation Inc
The Ed Lucas Foundation Inc is dedicated to raising funds and increasing awareness for organizations that cater to the needs of individuals who are blind or visually impaired, as well as charities that benefit people with various other disabilities. This nonprofit organization's mission is multifaceted, aiming to provide financial support and bring attention to these causes. By doing so, the Ed Lucas Foundation Inc plays a crucial role in enhancing the lives of those affected by disabilities, helping them to navigate their daily challenges more effectively.
One of the primary ways in which the Ed Lucas Foundation Inc achieves its mission is by funding the training of guide dogs for the visually impaired through specific organizations. These trained dogs serve as essential companions for their blind or visually impaired partners, providing them with independence and improved mobility. By investing in this life-changing training, the Ed Lucas Foundation Inc is directly contributing to the well-being and self-sufficiency of countless individuals. In this manner, the foundation helps to unlock new possibilities and improve the quality of life for those in need.
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Impact
August, 2024
The Ed Lucas Foundation Inc has a significant impact on the lives of blind and visually impaired individuals as well as those with other disabilities. By raising funds and awareness for organizations dedicated to serving these communities, the foundation helps to improve access to necessary resources and support systems. Additionally, their work in funding the cost of training dogs at the Seeing Eye directly contributes to enhancing the independence and quality of life for visually impaired individuals. Through their philanthropic efforts, the foundation plays a vital role in promoting inclusion and empowerment for individuals with disabilities.
This information is meant to be a general summary of Ed Lucas Foundation 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: $170,910
Assets and Liabilities:
- Total Assets: $114,327
- Total Liabilities: $2,760
- Net Assets: $111,567
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Organization Details
Founding Year
2011
Phone
(908) 687-6529Principal Officer
Allison L Lucas
Main Address
2612 HAWTHORNE AVENUE, UNION, NJ, 07083
Website
www.theedlucasfoundation.orgNTEE Category
Code: T12 - Philanthropy
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