Overview
What is The Lime Foundation?
The Lime Foundation is a nonprofit organization situated in Santa Rosa, California. Its primary focus is to equip underrepresented youth, aged 16 to 24, with essential vocational skills through the NextGen Trades Academy. This program offers hands-on training in 24 different construction and agriculture trades, with the added benefits of industry leader interactions and job placement services. Additionally, the Turner Arts Initiative offers disadvantaged youth the opportunity to explore technology and music, serving as an alternative to negative behaviors. Lastly, the Senior Activities program encourages seniors to stay active and socially engaged, promoting physical health and well-being. Overall, The Lime Foundation's mission is to empower diverse communities by providing educational resources, mentorship, and career exploration in fields like music, performing arts, construction, technology, and health.
Official website here: www.limefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, Two-Star out of Four Star rating. The Lime Foundation's rating indicates a moderate level of accountability and transparency. While the organization demonstrates strengths in impact measurement and leadership adaptability, it faces challenges with its financial management, particularly reflected in a low program expense ratio and a high liabilities-to-assets ratio.
Strengths of The Lime Foundation include a strong commitment to culture and community, with high scores in leadership and adaptability. The organization has a majority of independent board members, which supports effective governance and decision-making. Their robust strategies for documenting participant journeys and implementing program tracking illustrate a focus on achieving positive outcomes for their beneficiaries.
However, the foundation has notable limitations. The accountability and finance score is considerably low, which raises concerns about financial health and sustainability. Additionally, the absence of a whistleblower policy suggests a gap in governance practices. Overall, while The Lime Foundation shows promise in its mission and community engagement, it must address its fiscal policies to enhance its overall effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Lime Foundation legitimate?
The Lime Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lime 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: $192,213
For more financial information, click here
Official website here: www.limefoundation.org
What is the mission statement of The Lime Foundation?
The Lime Foundation's mission is centered around providing educational resources, mentorship, and career exploration opportunities. This is done with the aim of fostering sustainable empowerment among diverse communities. Individuals served by the foundation learn invaluable skills in fields such as music, performing arts, construction, technology, and health. The ultimate goal is to inspire these individuals to positively impact their communities by utilizing their newfound abilities.
Official website here: www.limefoundation.org
Who is the CEO of The Lime Foundation?
Marco Guerra is the President of The Lime Foundation.
Official website here: www.limefoundation.org
What is the revenue of The Lime Foundation?
The Lime Foundation's revenue in 2022 was $554,285.
Official website here: www.limefoundation.org
Who are the executives of The Lime Foundation and what are their salaries?
The average compensation at The Lime Foundation during 2022 was $38,443. There are 5 employees and 65 volunteers at The Lime Foundation.
Here are 9 key members and their salaries:
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Official website here: www.limefoundation.org
Where can I find the form 990 for The Lime Foundation?
The Lime Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.limefoundation.org
Learn more at the official website: www.limefoundation.org
Mission Statement of The Lime Foundation
The Lime Foundation, a non-profit organization, is devoted to providing educational resources, mentorship, and career exploration with the aim of fostering sustainable empowerment within diverse communities. Through its initiatives, the foundation encourages individuals to develop essential skills in various fields such as music, performing arts, construction careers, technology, and health. By harnessing their potential in these areas, the individuals served by The Lime Foundation are inspired to positively impact their communities. The mission of The Lime Foundation is to empower each individual, promoting a sense of self-reliance and community engagement.
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Impact
July, 2024
The Lime Foundation's impact can be seen in the lives of underrepresented youth, seniors, and disadvantaged youth in the Santa Rosa community. Through programs like the NextGen Trades Academy, Turner Arts Initiative, and Senior Activities, individuals are empowered with vocational training, mentorship, and opportunities for personal development. By providing resources in music, performing arts, construction careers, technology, and health, The Lime Foundation is fostering sustainable empowerment and positive growth within these diverse communities, ultimately helping individuals harness their potential and inspire others.
This information is meant to be a general summary of The Lime 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: $161
- Gross Receipts: $554,285
Assets and Liabilities:
- Total Assets: $587,648
- Total Liabilities: $551,080
- Net Assets: $36,568
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Organization Details
Founding Year
2014
Phone
(707) 604-8505Principal Officer
Marco Guerra
Main Address
1400 Petaluma Hill Road, Santa Rosa, CA, 95404
Website
www.limefoundation.orgNTEE Category
Code: S20 - Community improvement
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