Overview
What is Lifebox Foundation Inc?
Lifebox Foundation Inc is a nonprofit organization situated in Wellesley Hills, Massachusetts, with a mission to safeguard patient health globally. By providing pulse oximeters and training to hospitals and healthcare facilities in low and middle-income countries, they aim to enhance the overall safety of healthcare services in these regions. With a team of four dedicated individuals, Lifebox Foundation Inc strives to improve the quality and accessibility of healthcare, potentially saving countless lives and ensuring better patient outcomes.
Official website here: www.lifebox.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 87% - Three-Star out of Four Star rating
Lifebox Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and effective financial management. With a score of 74% in Accountability & Finance, the organization demonstrates a strong structure, particularly marked by its fully independent board and absence of asset diversion. However, some areas for improvement include the lack of a whistleblower policy and document retention procedures.
The foundation exhibits commendable performance in its program expense ratio, indicating that a significant portion of its budget is directed toward its programs. Additionally, it boasts an impressive fundraising efficiency, showcasing a low cost per dollar raised. The organization is also recognized for its high scores in Culture & Community, particularly in feedback collection and usage, which suggests a strong commitment to understanding and engaging with its stakeholders.
Leadership & adaptability is another area where Lifebox excels, achieving a perfect score. This demonstrates the organization's strategic planning and responsiveness to challenges. Overall, while Lifebox Foundation Inc shows many strengths in governance and program focus, addressing its policy gaps could enhance its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Lifebox Foundation Inc legitimate?
Lifebox Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifebox 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: $213,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,375
For more financial information, click here
Official website here: www.lifebox.org
What is the mission statement of Lifebox Foundation Inc?
Lifebox Foundation Inc's mission is centered around enhancing the safety of healthcare in economically developing nations. The organization strives to accomplish this goal by supplying pulse oximeters and offering training to hospitals and healthcare facilities in these regions. By doing so, Lifebox aims to safeguard the health of patients worldwide, particularly in low and middle-income countries. The foundation's activities are focused on improving healthcare standards, ultimately contributing to better patient outcomes in underprivileged regions.
Official website here: www.lifebox.org
Who is the CEO of Lifebox Foundation Inc?
Kristina Torgeson is the Director of Lifebox Foundation Inc. The CEO's salary of Lifebox Foundation Inc is $192,393 and their total compensation is $210,426.
Official website here: www.lifebox.org
What is the revenue of Lifebox Foundation Inc?
Lifebox Foundation Inc's revenue in 2023 was $2,365,257.
Official website here: www.lifebox.org
Who are the executives of Lifebox Foundation Inc and what are their salaries?
The average compensation at Lifebox Foundation Inc during 2023 was $117,660. There are 4 employees at Lifebox Foundation Inc.
Here are 10 key members and their salaries (Lifebox Foundation Inc's CEO's salary is $192,393 and their total compensation is $210,426):
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- Compensation: $192,393
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- Other: $18,033
Official website here: www.lifebox.org
Where can I find the form 990 for Lifebox Foundation Inc?
Lifebox Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lifebox.org
Learn more at the official website: www.lifebox.org
Mission Statement of Lifebox Foundation Inc
Lifebox Foundation Inc, a nonprofit organization, is committed to enhancing the safety of healthcare in low and middle-income countries. Its mission is centered around preserving and safeguarding the health of patients worldwide. To achieve this, Lifebox Foundation Inc focuses on providing pulse oximeters and conducting training sessions for hospitals and healthcare facilities in these countries. By doing so, the organization aims to improve the overall quality of care and reduce the risk of preventable deaths due to inadequate medical equipment and lack of proper training.
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Impact
July, 2024
Lifebox Foundation Inc's impact is significant in improving the safety of healthcare in low and middle-income countries. By providing pulse oximeters and training to hospitals and healthcare facilities in these regions, they are helping to preserve and protect the health of patients worldwide. Their efforts contribute towards ensuring better healthcare outcomes and reducing the risk of complications during medical procedures.
This information is meant to be a general summary of Lifebox 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 2023.
- Gross Receipts: $2,365,257
Assets and Liabilities:
- Total Assets: $2,233,643
- Total Liabilities: $911,381
- Net Assets: $1,322,262
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Organization Details
Founding Year
2013
Phone
(646) 457-5695Principal Officer
Kristina Torgeson
Main Address
81 Washburn Avenue, Wellesley Hills, MA, 02481
Website
www.lifebox.orgNTEE Category
Code: T30 - Philanthropy
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