Overview
What is Lutzie 43 Foundation?
The Lutzie 43 Foundation, based in Marietta, Georgia, is a nonprofit organization dedicated to promoting safe driving among young people. They achieve this mission by engaging with students and young adults in high schools and colleges, encouraging positive character development and community service. Furthermore, the foundation awards scholarships to deserving high school and college students. A significant part of their work is the 43 Key Seconds campaign, aimed at reducing preventable fatalities caused by distracted and impaired driving. Essentially, the Lutzie 43 Foundation aims to empower young individuals to become responsible ambassadors for safe driving by fostering character development, providing mentorship, and applying real-world lessons. Word count: 118
Official website here: www.lutzie43.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
The Lutzie 43 Foundation has received a Zero-Star out of Four Star rating with a score of 42%, indicating significant concerns regarding its accountability and financial practices. The organization has a notably low score for the majority of its accountability measures, particularly due to the absence of essential financial statements and policies such as conflict of interest and whistleblower protections.
Despite having a relatively strong independent board size, with five out of eight members being independent, the overall governance structure raises concerns. The lack of documentation, including board meeting minutes, hinders transparency and accountability, which are critical for donor trust and effective operation.
On a positive note, the foundation maintains a good liabilities to assets ratio of 24.35% and a program expense ratio of 56.45%, suggesting that a significant portion of its resources is directed towards its programs. However, the deficiencies in financial reporting and governance practices overshadow these strengths, highlighting the need for improvement in transparency and adherence to best practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lutzie 43 Foundation legitimate?
Lutzie 43 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutzie 43 Foundation 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: $154,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,000
For more financial information, click here
Official website here: www.lutzie43.org
What is the mission statement of Lutzie 43 Foundation?
The Lutzie 43 Foundation's mission is centered around encouraging and empowering young individuals to become positive advocates for safe driving. This is achieved through character development, mentorship, and real-world application. The organization carries out its mission by engaging with students and young adults in high schools and colleges, promoting positive character building and community service. Additionally, scholarships are awarded to deserving high school and college students. The foundation also launched the 43 Key Seconds campaign, which aims to reduce preventable fatalities attributed to distracted and impaired driving.
Official website here: www.lutzie43.org
Who is the CEO of Lutzie 43 Foundation?
Michael Lutzenkirchen is the Executive Dir. of Lutzie 43 Foundation.
Official website here: www.lutzie43.org
What is the revenue of Lutzie 43 Foundation?
Lutzie 43 Foundation's revenue in 2022 was $639,065.
Official website here: www.lutzie43.org
Who are the executives of Lutzie 43 Foundation and what are their salaries?
The average compensation at Lutzie 43 Foundation during 2022 was $85,303. There are 3 employees at Lutzie 43 Foundation.
Here are 11 key members and their salaries:
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Official website here: www.lutzie43.org
Where can I find the form 990 for Lutzie 43 Foundation?
Lutzie 43 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lutzie43.org
Learn more at the official website: www.lutzie43.org
Mission Statement of Lutzie 43 Foundation
The Lutzie 43 Foundation, named after its inspiration, Lance Ulrich, is dedicated to encouraging and empowering young individuals to become positive advocates for safe driving. It achieves this mission through character development, mentorship, and practical application. The organization carries out its purpose by engaging with students and young adults at high schools and colleges, discussing the importance of positive character building and community service. Furthermore, the foundation awards scholarships to high school and college students, fostering academic growth and recognition. Additionally, the Lutzie 43 Foundation launched the 43 Key Seconds campaign, aiming to decrease preventable fatalities caused by distracted and impaired driving.
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Impact
July, 2024
The Lutzie 43 Foundation's impact lies in its efforts to encourage and empower young people to be positive ambassadors for safe driving through character development, mentorship, and real-world application. The organization achieves this by speaking to students and young adults at high schools and colleges about positive character building and community service, awarding scholarships to high school and college students, and launching the 43 Key Seconds campaign aimed at reducing preventable fatalities attributed to distracted and impaired driving. Through these initiatives, the foundation is making a significant impact by promoting safe driving habits and empowering young individuals to become responsible drivers.
This information is meant to be a general summary of Lutzie 43 Foundation. 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: $66
- Gross Receipts: $1,248,767
Assets and Liabilities:
- Total Assets: $832,693
- Total Liabilities: $202,796
- Net Assets: $629,897
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Organization Details
Founding Year
2014
Phone
(770) 331-6999Principal Officer
Michael Lutzenkirchen
Main Address
2840 LANDING WAY, MARIETTA, GA, 30066
Website
www.lutzie43.orgNTEE Category
Code: B19 - Education
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