Overview
What is Lagrange-Frink Alumni And Friends Association?
The Lagrange-Frink Alumni and Friends Association is a nonprofit organization situated in LaGrange, North Carolina. Their primary focus is on fostering cultural and community development in the region. Through their charitable activities, they have awarded nine scholarships, extended financial support to local initiatives such as a soup kitchen, a state veteran's home, and a homeless shelter. Additionally, they have recognized and celebrated the significant contributions of 650 volunteers within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating). The rating is primarily based on the organization’s accountability and finance, with a strong emphasis on the financial integrity of the nonprofit. The Lagrange-Frink Alumni And Friends Association scored perfectly in areas such as having a majority of independent board members, a well-sized board, and no material diversion of assets.
The organization demonstrates solid financial management with a program expense ratio of 78.39%, indicating that a significant portion of its budget is directed towards programs rather than administrative costs. Additionally, the liabilities to assets ratio stands at 0.00%, reflecting a healthy financial position. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about governance practices.
While the organization shows strengths in financial accountability, the lack of publicly available tax forms and several missing governance policies may affect its transparency and overall trustworthiness. These limitations highlight areas for potential improvement to enhance the organization's credibility among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Lagrange-Frink Alumni And Friends Association legitimate?
Lagrange-Frink Alumni And Friends Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lagrange-Frink Alumni And Friends Association 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 Lagrange-Frink Alumni And Friends Association?
The Lagrange-Frink Alumni and Friends Association is dedicated to promoting cultural and community development in various capacities. Their mission is evident through their activities, which include awarding scholarships, making donations to local establishments such as soup kitchens, state veteran homes, and homeless shelters, and recognizing the significant contributions of volunteers. The association's efforts have resulted in the acknowledgment of 650 volunteer hours, demonstrating their commitment to uplifting their community.
Who is the CEO of Lagrange-Frink Alumni And Friends Association?
John Miller is the Vice President of Lagrange-Frink Alumni And Friends Association.
What is the revenue of Lagrange-Frink Alumni And Friends Association?
Lagrange-Frink Alumni And Friends Association's revenue in 2022 was $48,576.
Who are the executives of Lagrange-Frink Alumni And Friends Association and what are their salaries?
There 20 volunteers at Lagrange-Frink Alumni And Friends Association.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Lagrange-Frink Alumni And Friends Association?
Lagrange-Frink Alumni And Friends Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lagrange-Frink Alumni And Friends Association
The Lagrange-Frink Alumni and Friends Association is dedicated to fostering cultural and community development in its area of influence. As part of its mission, this organization takes active steps to give back to the community. This is evident in its scholarship awards, which provide financial assistance to individuals seeking higher education. Additionally, the association demonstrates its commitment to community welfare by making donations to various causes, including a soup kitchen, a state veteran's home, and a homeless shelter.
Beyond its financial contributions, the Lagrange-Frink Alumni and Friends Association also recognizes the significance of volunteer work. It has acknowledged the substantial contributions of over 650 volunteers, highlighting the value of community engagement and collaboration. By supporting these initiatives, the association plays a crucial role in improving the well-being of its community, contributing to its cultural growth and development.
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Impact
August, 2024
The Lagrange-Frink Alumni And Friends Association's impact in LaGrange, NC, encompasses significant cultural and community development initiatives. They have been instrumental in awarding nine scholarships to deserving individuals, providing donations to various local organizations including a soup kitchen, a State Veteran-home, and a homeless shelter. Additionally, the association has recognized and documented 650 volunteer hours dedicated to serving the community. Their work is vital in fostering education and community support in LaGrange, NC, contributing to the betterment of the area.
This information is meant to be a general summary of Lagrange-Frink Alumni And Friends Association. 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: $84
- Gross Receipts: $48,576
Assets and Liabilities:
- Total Assets: $454,273
- Total Liabilities: $0
- Net Assets: $454,273
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Organization Details
Founding Year
1983
Phone
(252) 566-4302Principal Officer
John Miller
Main Address
PO Box 424, LaGrange, NC, 285510424
NTEE Category
Code: B82 - Education
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