Overview
What is Lakeland Institute For Learning Org Corp?
Lakeland Institute For Learning Org Corp is a nonprofit organization, specifically an educational institution, dedicated to catering to the unique needs of children with special abilities. Their primary mission is to deliver an exceptional learning experience for these children, while also providing support to their parents and contributing positively to the broader community. The organization's activities are centered around education, aiming to make a significant impact on the lives of special needs children and their families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Lakeland Institute For Learning Org Corp received a low rating mainly due to its low program expense ratio of 39.68%, which suggests that a significant portion of its expenses may not be directed toward its programs. While the charity scored well in several governance and accountability metrics, these strengths are overshadowed by its overall financial performance. The rating reflects concerns about the organization's effective use of resources.
On the positive side, the charity demonstrates strong governance practices, with a fully independent board and robust policies in place for conflict of interest, whistleblower protections, and document retention. The organization has maintained a clean record concerning material diversions of assets, which indicates a commitment to ethical financial management. However, the low program expense ratio raises questions about the impact and effectiveness of its programs.
In summary, while the Lakeland Institute For Learning Org Corp has established solid governance structures, its financial metrics suggest that improvements are needed in directing funds toward impactful programs. This combination of governance strength and financial limitations contributes to its low overall rating from Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeland Institute For Learning Org Corp legitimate?
Lakeland Institute For Learning Org Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland Institute For Learning Org Corp 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: $112,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $340,554
For more financial information, click here
What is the mission statement of Lakeland Institute For Learning Org Corp?
The Lakeland Institute For Learning Org Corp is dedicated to delivering an exceptional educational experience for children with special needs. Their mission extends beyond the classroom, aiming to support the parents of these children and contribute positively to the wider community. As an educational institution, their primary focus is on providing a nurturing environment that caters to the unique needs of each child, ensuring they reach their full potential.
Who is the CEO of Lakeland Institute For Learning Org Corp?
Unavailable
What is the revenue of Lakeland Institute For Learning Org Corp?
Lakeland Institute For Learning Org Corp's revenue in 2022 was $775,926.
Who are the executives of Lakeland Institute For Learning Org Corp and what are their salaries?
The average compensation at Lakeland Institute For Learning Org Corp during 2022 was $13,724. There are 33 employees at Lakeland Institute For Learning Org Corp.
There is 1 key member and their salary:
- Compensation: $86,380
- Related: $0
- Other: $0
Where can I find the form 990 for Lakeland Institute For Learning Org Corp?
Lakeland Institute For Learning Org Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lakeland Institute For Learning Org Corp
Lakeland Institute for Learning Org Corp, as a nonprofit organization, is dedicated to providing an exceptional educational experience for children with special needs. Their mission is to extend this support beyond the students themselves, reaching out to their parents and the wider community as well. By prioritizing the needs of these special children, the institution aims to contribute positively to society at large. As an educational institution specialized in catering to the unique requirements of students with special needs, Lakeland Institute for Learning Org Corp strives to create an environment that fosters growth and development, ensuring that every child has an opportunity to reach their full potential.
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Impact
July, 2024
Lakeland Institute For Learning Org Corp is making a profound impact by providing the best educational experience to special needs children in Lakeland, FL. By tailoring their educational programs to meet the unique needs of these children, the institute is helping them thrive and reach their full potential. Additionally, by supporting parents and engaging with the larger community, they are fostering a more inclusive and supportive environment for special needs individuals. The Institute's dedication to education and empowerment is truly making a difference in the lives of children with special needs and the community as a whole.
This information is meant to be a general summary of Lakeland Institute For Learning Org Corp. 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: $775,926
Assets and Liabilities:
- Total Assets: $556,538
- Total Liabilities: $547,249
- Net Assets: $9,289
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Organization Details
Founding Year
2015
Phone
(813) 362-9222Main Address
2006 Castle Court, Lakeland, FL, 33813
NTEE Category
Code: B28 - Education
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