Overview
What is The John Locke Foundation Inc?
The John Locke Foundation Inc, established in Raleigh, North Carolina, is a nonprofit research organization. Committed to individual liberty, free market economy, and limited government, their mission is to conduct comprehensive research and disseminate information, thereby fostering public understanding. Their areas of focus include fiscal policy, healthcare and human services, education, legal policy, agriculture, energy, environment, regulation, election security, and transportation. They prioritize North Carolina state public policy issues and national matters affecting their state. The organization operates with 45 employees and carries out research through various centers, such as the Center for Public Integrity, North Carolina History Project, Center for Agricultural Innovation, and the Center for Effective Education.
Official website here: www.johnlocke.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The John Locke Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The organization scored 92% overall, with its rating based entirely on the Accountability & Finance score. This high score indicates that the foundation maintains rigorous oversight and transparency, essential for fostering trust among donors and the community it serves.
The foundation excels in several key areas, including having a fully independent board and strong financial oversight, which both received perfect scores. Additionally, the organization demonstrates effective management of its funds, with a program expense ratio of 81.28%, showing that a significant portion of its budget is directed toward its mission. Fundraising efficiency is also impressive, with a cost of only $0.13 to raise each dollar, indicating a sustainable fundraising strategy.
While the foundation has notable strengths, it does have a liabilities to assets ratio of 47.09%, which reflects a moderate level of debt relative to its assets. This aspect may warrant attention for stakeholders concerned about the organization's financial leverage. Overall, the John Locke Foundation Inc appears to be a well-managed organization with a strong commitment to accountability and effective financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is The John Locke Foundation Inc legitimate?
The John Locke Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John Locke Foundation Inc 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: $346,211
Professional Fundraising Fees: $62,043
Other Salaries and Wages: $2,185,682
For more financial information, click here
Official website here: www.johnlocke.org
What is the mission statement of The John Locke Foundation Inc?
The John Locke Foundation Inc's mission is centered around promoting societal understanding based on the principles of individual liberty, the voluntary exchanges in a free market economy, and limited government. The foundation prioritizes its research and information dissemination towards North Carolina state public policy issues and national matters that impact the state. Their primary goal is to advance societal understanding through these principles.
Official website here: www.johnlocke.org
Who is the CEO of The John Locke Foundation Inc?
Amy Cooke is the Ceo of The John Locke Foundation Inc. The CEO's salary of The John Locke Foundation Inc is $172,192 and their total compensation is $189,204.
Official website here: www.johnlocke.org
What is the revenue of The John Locke Foundation Inc?
The John Locke Foundation Inc's revenue in 2022 was $1,794,897.
Official website here: www.johnlocke.org
Who are the executives of The John Locke Foundation Inc and what are their salaries?
The average compensation at The John Locke Foundation Inc during 2022 was $56,264. There are 45 employees at The John Locke Foundation Inc.
Here are 14 key members and their salaries (The John Locke Foundation Inc's CEO's salary is $172,192 and their total compensation is $189,204):
- Compensation: $172,192
- Related: $0
- Other: $17,012
- Compensation: $144,769
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- Other: $12,237
- Compensation: $102,231
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- Other: $11,989
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Official website here: www.johnlocke.org
Where can I find the form 990 for The John Locke Foundation Inc?
The John Locke Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.johnlocke.org
Learn more at the official website: www.johnlocke.org
Mission Statement of The John Locke Foundation Inc
The John Locke Foundation Inc is dedicated to conducting research, disseminating information, and fostering a broader public understanding of society, all rooted in the principles of individual liberty, the voluntary exchanges inherent in a free market economy, and the concept of limited government. This esteemed organization places a significant emphasis on North Carolina state public policy issues and national concerns that directly impact the state. By prioritizing these matters, The John Locke Foundation Inc aims to contribute to informed decision-making and promote a society that upholds these fundamental principles.
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Impact
July, 2024
The John Locke Foundation Inc's impact lies in its commitment to conducting research, disseminating information, and advancing public understanding of society based on the principles of individual liberty, the voluntary exchanges of a free market economy, and limited government. The foundation prioritizes addressing North Carolina state public policy issues and national issues affecting North Carolina, with research efforts spanning various areas such as fiscal policy, health and human services, education, legal policy, agriculture, energy and the environment, regulation, election security, and transportation. Through initiatives like the Center for Public Integrity, the North Carolina History Project, the Center for Agricultural Innovation, and the Center for Effective Education, The John Locke Foundation Inc contributes to enhancing public discourse and promoting informed decision-making.
This information is meant to be a general summary of The John Locke Foundation Inc. 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: $27
- Gross Receipts: $1,794,897
Assets and Liabilities:
- Total Assets: $3,444,638
- Total Liabilities: $482,988
- Net Assets: $2,961,650
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Organization Details
Phone
(919) 828-3876Principal Officer
Amy Cooke
Main Address
4800 SIX FORKS ROAD 220, RALEIGH, NC, 27609
Website
www.johnlocke.orgNTEE Category
Code: W20 - Public benefit
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