Overview
What is The Lexington Cancer Foundation Inc?
The Lexington Cancer Foundation Inc, located at 1504 College Way, Lexington, Kentucky, is a compact nonprofit organization with a mission to combat cancer. They achieve this by raising funds for impactful cancer research and patient care initiatives. Their primary activities include hosting fundraisers in the spring and fall and organizing an annual educational cancer symposium for medical professionals. The Foundation's dedication extends beyond financial support, as they strive to enhance the quality of healthcare for cancer patients. With a modest team of two individuals, this organization remains committed to raising awareness and making a difference in the fight against cancer.
Official website here: www.lexfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating.
The Lexington Cancer Foundation Inc has achieved a Three-Star rating from Charity Navigator, signifying a good level of accountability and finance management. The organization scored 75% in its accountability and finance assessment, which reflects its commitment to responsible financial practices and transparency. The rating is based entirely on this single beacon score, indicating a focus on financial health rather than programmatic effectiveness.
Strengths of the foundation include a fully independent board, with all eight members meeting criteria for independence. Additionally, it has strong policies in place concerning conflict of interest, whistleblower protections, and document retention, which are key indicators of good governance. The low liabilities to assets ratio of 0.03% further underscores the organization's financial stability.
However, the program expense ratio stands at 65.55%, which may suggest that while a majority of funds are allocated to programs, there is still room for improvement in maximizing program expenditure relative to total expenses. This could be an area for the foundation to address in order to enhance its impact and effectiveness in serving its mission. Overall, the Lexington Cancer Foundation Inc demonstrates solid governance and financial practices, but with potential for greater program investment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Lexington Cancer Foundation Inc?
100% of 17 reviewers on Facebook recommend The Lexington Cancer Foundation Inc. Here is a summary of their reviews:
The overwhelming sentiment expresses strong support for the foundation's mission and dedication to improving human well-being. One user highlighted their appreciation for the team's hard work and commitment, indicating that the foundation is making a significant impact in the fight against cancer. Overall, the comments reflect a high level of satisfaction with the services and initiatives provided by the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is The Lexington Cancer Foundation Inc legitimate?
The Lexington Cancer Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lexington Cancer 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: $136,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,392
For more financial information, click here
Official website here: www.lexfoundation.net
What is the mission statement of The Lexington Cancer Foundation Inc?
The Lexington Cancer Foundation Inc's mission is centered around raising awareness and funds in the fight against cancer. This organization is committed to improving the quality of healthcare for cancer patients. To achieve these goals, they provide financial support to worthy organizations engaged in cancer research and care. Funds are raised through various initiatives, including spring and fall fundraisers, and an annual educational cancer symposium for medical professionals.
Official website here: www.lexfoundation.net
Who is the CEO of The Lexington Cancer Foundation Inc?
Kristi Martin is the President of The Lexington Cancer Foundation Inc.
Official website here: www.lexfoundation.net
What is the revenue of The Lexington Cancer Foundation Inc?
The Lexington Cancer Foundation Inc's revenue in 2022 was $675,153.
Official website here: www.lexfoundation.net
Who are the executives of The Lexington Cancer Foundation Inc and what are their salaries?
The average compensation at The Lexington Cancer Foundation Inc during 2022 was $68,723. There are 2 employees and 47 volunteers at The Lexington Cancer Foundation Inc.
Here are 48 key members and their salaries:
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- Compensation: $136,054
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- Other: $20,321
Official website here: www.lexfoundation.net
Where can I find the form 990 for The Lexington Cancer Foundation Inc?
The Lexington Cancer Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lexfoundation.net
Learn more at the official website: www.lexfoundation.net
Mission Statement of The Lexington Cancer Foundation Inc
The Lexington Cancer Foundation Inc, a dedicated organization, is committed to raising awareness and funds in the fight against cancer. Its mission is twofold: firstly, to generate financial support for reputable organizations engaged in cancer research and care, and secondly, to enhance the quality of healthcare for cancer patients. The foundation achieves these objectives through various means, including hosting spring and fall fundraisers and organizing an annual educational cancer symposium. This event brings together healthcare professionals and medical personnel, offering them a platform to share insights and advancements in cancer treatment and research. The Lexington Cancer Foundation Inc's mission is a vital contribution to the broader effort to combat cancer and improve the lives of those affected by this disease.
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Impact
July, 2024
The Lexington Cancer Foundation Inc's impact can be seen in its dedicated fundraising efforts for cancer research and care. By providing funds to worthy organizations and hosting educational events like the annual cancer symposium for physicians and medical personnel, the organization is actively contributing to the fight against cancer. Through its philanthropic mission, The Lexington Cancer Foundation Inc aims to create awareness, raise funds, and improve the quality of healthcare for cancer patients.
This information is meant to be a general summary of The Lexington Cancer 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: $2,425
- Gross Receipts: $839,545
Assets and Liabilities:
- Total Assets: $2,234,898
- Total Liabilities: $7,526
- Net Assets: $2,227,372
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Organization Details
Founding Year
2004
Phone
(859) 338-2620Principal Officer
Kristi Martin
Main Address
1504 COLLEGE WAY, LEXINGTON, KY, 40502
Website
www.lexfoundation.netNTEE Category
Code: T30 - Philanthropy
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