Overview
What is The Ludowici Community Foundation?
The Ludowici Community Foundation is a nonprofit organization situated in the New Lexington, Ohio region and its vicinity. Its primary role is to establish and maintain a health and recreational space accessible to the public at large. The foundation's activities are geared towards community betterment, encompassing various programs that aim to enhance the quality of life in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Ludowici Community Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a commendable 80% score primarily based on its Accountability & Finance metrics. This rating is important as it indicates the organization's commitment to transparency and effective financial management, which are crucial for gaining the trust of donors and the community.
One of the foundation's significant strengths is its independent governance, with a board comprised entirely of independent members. This structure has earned the foundation top scores in various areas, including board independence and documentation practices. Additionally, the foundation demonstrates strong financial health, with no material diversion of assets and a favorable liabilities-to-assets ratio.
While the overall score is positive, it is important to consider that the rating is based solely on one beacon score. Future ratings may provide a more comprehensive view of the foundation's performance across different areas. However, the current metrics suggest a strong financial foundation and a commitment to accountability, making it a trustworthy organization for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Ludowici Community Foundation legitimate?
The Ludowici Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ludowici Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Ludowici Community Foundation?
The Ludowici Community Foundation's mission is centered around providing a health and recreational area for the benefit of the public in a specific location, although the exact location is not provided in the information. This facility is intended for use by the general public in the surrounding area. Their activities extend to community betterment programs. In simpler terms, the foundation aims to contribute to the well-being and leisure time of the community by establishing and maintaining a public health and recreational facility.
Who is the CEO of The Ludowici Community Foundation?
Mike Hilliard is the Treasurer of The Ludowici Community Foundation.
What is the revenue of The Ludowici Community Foundation?
The Ludowici Community Foundation's revenue in 2022 was $54,708.
Who are the executives of The Ludowici Community Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for The Ludowici Community Foundation?
The Ludowici Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Ludowici Community Foundation
The Ludowici Community Foundation, as a nonprofit organization, is committed to providing a health and recreational space for the public in New Lexington, Ohio, and its surrounding areas. Their mission is to cater to the community's needs by establishing and maintaining a facility that promotes wellness and relaxation for the general population. Through their community betterment programs, they aim to contribute positively to the overall well-being of the community, offering opportunities for leisure and social interaction.
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Impact
August, 2024
The Ludowici Community Foundation's impact can be seen in its efforts to provide a health and recreational area for the general public in New Lexington, Ohio, and the surrounding area. Through its community betterment programs, the foundation is actively involved in improving the well-being and quality of life for residents in this region. Notably focused on youth development, the foundation's mission is to create a space that encourages healthy and active lifestyles, fosters community connection, and supports overall well-being. By offering a space for individuals of all ages to engage in recreational activities and programs, the Ludowici Community Foundation is making a positive impact on the local community.
This information is meant to be a general summary of The Ludowici Community 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: $35
- Program Service Revenue: $25,050
- Gross Receipts: $61,026
Assets and Liabilities:
- Total Assets: $342,515
- Total Liabilities: $47,301
- Net Assets: $295,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDERS DAY
Revenue
$24,800
SANTA DONATION TRIBUNE
Revenue
$250
Organization Details
Founding Year
2014
Phone
(740) 342-5810Principal Officer
Mike Hilliard
Main Address
4757 TILE PLANT ROAD SE, NEW LEXINGTON, OH, 43764
NTEE Category
Code: O50 - Youth development
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