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Manvel Iowa Colony Lions Charities Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462033489 ✦ Manvel, TX ✦ Designated as a 501(c)(3)

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Overview

What is Manvel Iowa Colony Lions Charities Foundation Inc?

Manvel Iowa Colony Lions Charities Foundation Inc is a nonprofit organization located in Manvel, Texas. Their primary mission is to offer financial aid to the community, with a special focus on supporting youth programs and initiatives. By providing financial assistance to lower-income individuals and organizations, Manvel Iowa Colony Lions Charities Foundation Inc aims to positively impact the local community and foster growth among its youth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 61%)

The Manvel Iowa Colony Lions Charities Foundation Inc has received a rating indicating that it needs improvement, with a score of 61%. This rating reflects a solid commitment to having an independent board, evidenced by 100% independent board members and appropriate board size, which demonstrates effective governance. Additionally, the organization shows a strong financial health with a liabilities to assets ratio of 0.00% and a program expense ratio of 65.59%, suggesting that a sizeable portion of their funds is allocated towards programs rather than administrative costs.

However, the organization faces significant challenges in areas related to accountability and transparency. It has not provided financial statements, which contributed to a low score in that category, and it is missing several essential policies, including those for conflict of interest and whistleblowing. Furthermore, the absence of their website link on tax forms and the failure to post tax documents on their website indicate a lack of transparency that may concern potential donors.

Overall, while the foundation demonstrates strengths in governance and financial stability, the notable gaps in accountability practices and transparency measures may hinder its effectiveness and public trust. Addressing these areas could enhance its rating and improve confidence among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Manvel Iowa Colony Lions Charities Foundation Inc legitimate?

Manvel Iowa Colony Lions Charities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manvel Iowa Colony Lions Charities 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

What is the mission statement of Manvel Iowa Colony Lions Charities Foundation Inc?

The Manvel Iowa Colony Lions Charities Foundation Inc is dedicated to providing financial aid to the community, with a particular focus on supporting lower-income individuals and youth programs. Their mission encompasses offering financial assistance to enhance the community's well-being, with a special emphasis on nurturing and empowering youth through various programs. The foundation's activities are geared towards uplifting the community's economic status and providing opportunities for growth and development, especially to the younger generation.

Who is the CEO of Manvel Iowa Colony Lions Charities Foundation Inc?

Jerry Gilbert is the Director of Manvel Iowa Colony Lions Charities Foundation Inc.

What is the revenue of Manvel Iowa Colony Lions Charities Foundation Inc?

Manvel Iowa Colony Lions Charities Foundation Inc's revenue in 2022 was $95.

Who are the executives of Manvel Iowa Colony Lions Charities Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Tom Amundsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Hagdorn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Gilbert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Abimbola Olumtimehin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jerry Cao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Garcia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Manvel Iowa Colony Lions Charities Foundation Inc?

Manvel Iowa Colony Lions Charities Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Manvel Iowa Colony Lions Charities Foundation Inc

Manvel Iowa Colony Lions Charities Foundation Inc, as its mission statement suggests, is dedicated to providing financial support to the community, with a particular focus on those of lower income and youth programs. This nonprofit organization seeks to make a significant impact in its community by offering financial assistance, thereby contributing to the betterment of the lives of its residents, particularly the younger generation. Through its financial support, Manvel Iowa Colony Lions Charities Foundation Inc aims to enhance the availability of youth programs, enabling the community's future leaders to thrive and grow.

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Impact




October, 2024

Manvel Iowa Colony Lions Charities Foundation Inc plays a vital role in enhancing the quality of life for the community, particularly for lower-income residents. By providing financial support, the foundation significantly contributes to the development and sustainability of youth programs, which are essential for fostering growth and opportunities for young individuals. This initiative not only addresses immediate needs but also invests in the future of the community by empowering its youth.

Through targeted financial assistance, the foundation supports various local initiatives that uplift those who may otherwise struggle to access such resources. The emphasis on youth programs reflects a commitment to nurturing the next generation, ensuring they have access to essential services and opportunities for enrichment and engagement. The impact of this support extends throughout the community, creating a more equitable environment where everyone has the chance to thrive.




This information is meant to be a general summary of Manvel Iowa Colony Lions Charities 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.

Revenue
$95 (2022)
Expenses
$12,587 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $95
  • Gross Receipts: $95

Assets and Liabilities:

  • Total Assets: $780,295
  • Total Liabilities: $0
  • Net Assets: $780,295

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Organization Details

Founding Year

2013

Principal Officer

Jerry Gilbert

Main Address

PO BOX 678, MANVEL, TX, 77578

NTEE Category

Code: P20 - Human services

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