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Axuda Inc

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

EIN: 471363421 ✦ Marlborough, MA ✦ Designated as a 501(c)(3)

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Overview

What is Axuda Inc?

Axuda Inc is a nonprofit organization situated in Marlborough, Massachusetts, specifically at 220 Donald Lynch Boulevard. Their primary goal is to extend financial aid to individuals in need, either directly or through collaborations with local partnerships. This mission aligns with their broader charitable objectives. By leveraging these partnerships, Axuda Inc aims to extend its reach and impact, ensuring that more individuals in need can access essential resources.


Official website here: www.axuda.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Axuda Inc has received a Three-Star rating from Charity Navigator, primarily based on its accountability and finance practices. The charity scored well in several key areas, including a perfect score for material diversion of assets and a strong program expense ratio of 90.43%. This indicates that a significant portion of its funds are being used directly for its programs, which is a positive sign for potential donors.

Despite the favorable rating, user feedback from Great Nonprofits highlights concerns regarding transparency and communication. A donor expressed dissatisfaction about the lack of clarity regarding fund distribution and the impact of the charity's efforts. They noted that promised reimbursements to donors were not fulfilled, suggesting a need for Axuda to improve its reporting and transparency to maintain donor trust.

Overall, while Axuda Inc demonstrates strong financial practices as reflected in its Charity Navigator rating, it faces challenges related to transparency and donor communication. Addressing these issues could enhance its reputation and foster greater confidence among current and potential supporters.


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

Is Axuda Inc legitimate?

Axuda Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Axuda 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.axuda.org

What is the mission statement of Axuda Inc?

Axuda Inc's mission is centered around providing financial aid to individuals in need. This can be done directly or in collaboration with local partnerships. The organization's goal is to advance its charitable objectives in this regard. In essence, Axuda Inc aims to make financial resources more accessible to those who require them, thereby contributing to their overall well-being.


Official website here: www.axuda.org

Who is the CEO of Axuda Inc?

Laurie Lachapelle is the Treasurer / Director of Axuda Inc.


Official website here: www.axuda.org

What is the revenue of Axuda Inc?

Axuda Inc's revenue in 2022 was $26,184.


Official website here: www.axuda.org

Who are the executives of Axuda Inc and what are their salaries?

There 6 volunteers at Axuda Inc.


Here are 2 key members and their salaries:


Laurie Lachapelle (Treasurer / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dewitt (Secretary / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.axuda.org

Where can I find the form 990 for Axuda Inc?

Axuda Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.axuda.org

Learn more at the official website: www.axuda.org

Mission Statement of Axuda Inc

Axuda Inc, as a charitable organization, is dedicated to providing essential financial assistance to individuals who are in need. This mission is accomplished either directly by the corporation or through collaborations with local third-party partners. Axuda Inc's primary objective is to expand its charitable purposes beyond mere financial aid, aiming to make a meaningful impact in the lives of those in need.

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Impact




August, 2024

Axuda Inc's impact can be seen through its efforts to provide access to financial resources for individuals in need. Through direct assistance or partnerships with local organizations, Axuda Inc is able to make a difference in the lives of those facing financial hardships. By furthering its charitable purposes, Axuda Inc contributes to supporting the community and addressing needs in the human services sector.




This information is meant to be a general summary of Axuda 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
$26,184 (2022)
Expenses
$32,370 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $571
  • Gross Receipts: $26,184

Assets and Liabilities:

  • Total Assets: $777,593
  • Total Liabilities: $3,000
  • Net Assets: $774,593

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Organization Details

Founding Year

2014

Principal Officer

Laurie Lachapelle

Main Address

220 Donald Lynch Boulevard, Marlborough, MA, 01752

NTEE Category

Code: P60 - Human services

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