Overview
What is Lafayette Charter Foundation Inc?
Lafayette Charter Foundation Inc is a nonprofit organization based in Lafayette, Louisiana, with a commitment to education. Established by distinguished community leaders, the Foundation aims to provide exceptional educational choices for students and families in Louisiana. Their programs encompass general education, transportation services, and administrative support. The Foundation's mission is to foster an inspiring and motivating educational environment, enabling students to excel and become the next generation of leaders.
Official website here: www.lafayettecharterfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Lafayette Charter Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored highly in various metrics, such as having a fully independent board and a strong audit and oversight committee, which suggests a commitment to transparency and effective governance.
The foundation's program expense ratio is notably strong, with 73.25% of expenses directed towards programs, highlighting its dedication to fulfilling its mission. However, the rating also reflects some concerns, particularly regarding the whistleblower and document retention policies, which are currently missing.
Additionally, the organization has a liabilities to assets ratio of 107.11%, which raises a red flag about its financial stability. While Lafayette Charter Foundation Inc demonstrates strengths in governance and program spending, potential donors may want to consider the implications of its financial ratios and missing policies.
This AI summary has been generated from information found on Charity Navigator.
Is Lafayette Charter Foundation Inc legitimate?
Lafayette Charter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Charter 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: $11,824,307
For more financial information, click here
Official website here: www.lafayettecharterfoundation.org/
What is the mission statement of Lafayette Charter Foundation Inc?
The Lafayette Charter Foundation Inc is dedicated to furthering education with a focus on delivering excellent results. This nonprofit organization is comprised of esteemed individuals from Louisiana, all committed to supplying top-tier educational opportunities for the state's students and families. Their mission is to establish an inspiring and motivating educational setting that prepares the next generation of leaders. The foundation offers a range of programs and activities, including instruction for general education, transportation for students, and administrative services. Their ultimate goal is to empower students, ensuring they receive the necessary tools for academic success.
Official website here: www.lafayettecharterfoundation.org/
Who is the CEO of Lafayette Charter Foundation Inc?
Mary Louella Riggs-Cook is the President of Lafayette Charter Foundation Inc.
Official website here: www.lafayettecharterfoundation.org/
What is the revenue of Lafayette Charter Foundation Inc?
Lafayette Charter Foundation Inc's revenue in 2022 was $33,949,865.
Official website here: www.lafayettecharterfoundation.org/
Who are the executives of Lafayette Charter Foundation Inc and what are their salaries?
There 550 volunteers at Lafayette Charter Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lafayettecharterfoundation.org/
Where can I find the form 990 for Lafayette Charter Foundation Inc?
Lafayette Charter Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafayettecharterfoundation.org/
Learn more at the official website: www.lafayettecharterfoundation.org/
Mission Statement of Lafayette Charter Foundation Inc
Lafayette Charter Foundation Inc, a prestigious nonprofit organization in Louisiana, is dedicated to furthering education for the students and families of the state. Comprised of esteemed leaders, the Foundation is committed to delivering high-quality educational options that inspire and motivate.
The mission of Lafayette Charter Foundation Inc is to establish an educational environment that yields tangible results and readies the next generation of leaders. The Foundation offers a range of programs and activities designed to instruct students effectively. General education forms the cornerstone of these offerings, with the aim of nurturing well-rounded individuals. In addition to academics, the Foundation provides essential transportation services, ensuring students have reliable access to their educational institutions. A competent administrative team further bolsters the Foundation's efforts, managing day-to-day operations efficiently.
By fostering an inspiring and motivating educational atmosphere, Lafayette Charter Foundation Inc empowers its students to reach their full potential. The Foundation's commitment to quality education equips students with the necessary skills and knowledge to succeed in their future endeavors and contribute positively to their communities. With a focus on fostering the next generation of leaders, Lafayette Charter Foundation Inc sets the stage for a brighter future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lafayette Charter Foundation Inc significantly enhances educational opportunities for students and families in Louisiana. By offering a range of programs and activities focused on general education, it ensures that students receive a comprehensive and high-quality learning experience. The foundation's dedication to creating an inspiring and motivating educational environment fosters student engagement and achievement.
Moreover, its commitment to providing essential services, such as transportation, helps to eliminate barriers to education, making it easier for students to attend school regularly. With a mission centered on preparing the next generation of leaders, Lafayette Charter Foundation Inc plays a crucial role in shaping a brighter future for the community. The involvement of respected leaders within the organization further strengthens its impact, as they contribute their expertise and vision to drive educational excellence. Overall, Lafayette Charter Foundation Inc is a vital force in promoting academic success in the region.
This information is meant to be a general summary of Lafayette Charter 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.
- Investment Income: $1,136
- Program Service Revenue: $525,508
- Gross Receipts: $33,949,865
Assets and Liabilities:
- Total Assets: $43,368,888
- Total Liabilities: $47,011,824
- Net Assets: -$3,642,936
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEFORE AND AFTERCARE FEES
Revenue
$394,976
E-RATE REVENUES
Revenue
$130,532
Organization Details
Founding Year
2012
Phone
(337) 374-1209Principal Officer
Mary Louella Riggs-Cook
Main Address
220 HEYMANN BLVD, LAFAYETTE, LA, 70503
NTEE Category
Code: B20 - Education
If you are a representative of Lafayette Charter Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.