Overview
What is Ldor Vador Development Corporation?
Ldor Vador Development Corporation is a corporation that holds ownership of a building in Miami, Florida, which serves as a home to a private non-profit school. Their primary role involves managing and maintaining the property for this specific purpose. The corporation's activities are centered around ensuring the smooth operation of the school within the building. The corporation's involvement extends to the full ownership of the property, supporting the school's educational mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% - One-Star out of Four Star rating.
Ldor Vador Development Corporation has received a low rating of 54%, indicating significant concerns regarding its financial health and overall accountability. While the organization excels in governance aspects, such as having a fully independent board and strong policies for conflicts of interest and whistleblowing, its financial metrics raise alarms.
The program expense ratio is particularly low at 37.99%, suggesting that a smaller percentage of its budget is directed towards its programs compared to administrative or fundraising expenses. Additionally, the liabilities to assets ratio of 80.59% indicates potential financial instability. These factors contribute to the charity's one-star rating, highlighting the need for improvement in financial management to support its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Ldor Vador Development Corporation legitimate?
Ldor Vador Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ldor Vador Development Corporation 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 Ldor Vador Development Corporation?
Ldor Vador Development Corporation's mission is primarily centered around property ownership. Specifically, they own a building that houses a private school. This ownership allows them to provide a physical space for the school's operations. Beyond this, the provided information does not provide details about any educational or charitable goals or objectives associated with the school or the corporation.
Who is the CEO of Ldor Vador Development Corporation?
Gary Rosenbaum is the Director of Ldor Vador Development Corporation.
What is the revenue of Ldor Vador Development Corporation?
Ldor Vador Development Corporation's revenue in 2022 was $103,200.
Who are the executives of Ldor Vador Development Corporation and what are their salaries?
There 4 volunteers at Ldor Vador Development Corporation.
Here are 4 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
Where can I find the form 990 for Ldor Vador Development Corporation?
Ldor Vador Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ldor Vador Development Corporation
Ldor Vador Development Corporation, as a corporation, holds the unique mission of owning a building that serves as the home to a private educational institution. This non-profit organization's role is primarily centered around maintaining ownership of the property, providing a suitable environment for the school's operations. The corporation's involvement in this venture extends to ensuring the complete control of the property for this specific purpose.
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Impact
October, 2024
Ldor Vador Development Corporation significantly impacts the local community by providing a stable foundation for a private educational institution in Miami, FL. By owning the building that houses the school, the corporation ensures that the educational environment is secure, well-maintained, and tailored to meet the needs of its students. This commitment to education fosters a sense of stability and promotes learning, contributing positively to the development of the community. Through its dedicated support of the private school, Ldor Vador Development Corporation plays a crucial role in enhancing educational opportunities and outcomes for the children it serves.
This information is meant to be a general summary of Ldor Vador Development Corporation. 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: $103,200
Assets and Liabilities:
- Total Assets: $1,205,513
- Total Liabilities: $971,603
- Net Assets: $233,910
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Organization Details
Founding Year
2015
Principal Officer
Gary Rosenbaum
Main Address
1100 NE 163RD ST STE 401, MIAMI, FL, 33162
NTEE Category
Code: B20 - Education
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