Overview
What is The Charles Lea Center Foundation Inc?
The Charles Lea Center Foundation Inc, situated in Spartanburg, South Carolina, is a small nonprofit organization with a mission to enhance the lives of individuals with disabilities and special needs. With just two dedicated employees, the foundation focuses on raising awareness and mobilizing funds to improve the quality of life for this community. They contribute to related organizations that cater to the unique needs of these individuals, aiming to make a significant and positive impact on their everyday experiences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Charles Lea Center Foundation Inc has achieved a solid three-star rating based on its overall score of 80%, which is derived entirely from accountability and finance metrics. This score reflects a strong commitment to transparency and effective management of resources, indicating that the organization maintains a high level of accountability to its stakeholders.
Among the strengths highlighted, the foundation boasts a fully independent board comprising 26 members, which enhances its governance structure. Additionally, there are no material diversions of assets, and the organization follows a clearly defined conflict of interest policy. Furthermore, a program expense ratio of 72.17% suggests that a significant portion of its budget is directed towards its core mission-related activities.
While the ratings are favorable, ongoing evaluation and feedback from stakeholders could provide further insights into areas for improvement. Overall, the Charles Lea Center Foundation Inc appears to be a financially responsible organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Charles Lea Center Foundation Inc legitimate?
The Charles Lea Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Charles Lea Center 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: $102,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,998
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What is the mission statement of The Charles Lea Center Foundation Inc?
The Charles Lea Center Foundation Inc's mission is centered around raising awareness and providing financial support to enhance the quality of life for individuals with disabilities and special needs. This is accomplished by contributing funds to related organizations that cater to these individuals' needs. The foundation aims to make a significant impact on their well-being, working towards a more inclusive and supportive society for those with disabilities.
Who is the CEO of The Charles Lea Center Foundation Inc?
Marisa Cecil is the Trustee of The Charles Lea Center Foundation Inc.
What is the revenue of The Charles Lea Center Foundation Inc?
The Charles Lea Center Foundation Inc's revenue in 2022 was $463,942.
Who are the executives of The Charles Lea Center Foundation Inc and what are their salaries?
The average compensation at The Charles Lea Center Foundation Inc during 2022 was $57,576. There are 2 employees and 26 volunteers at The Charles Lea Center Foundation Inc.
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Where can I find the form 990 for The Charles Lea Center Foundation Inc?
The Charles Lea Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Charles Lea Center Foundation Inc
The Charles Lea Center Foundation Inc is dedicated to raising awareness and providing financial assistance to enhance the lives of individuals with disabilities and special needs. Their mission is centered around improving the quality of life for these individuals by contributing funds to related organizations. The Foundation works tirelessly to ensure that these organizations can provide essential support and resources to those in need. By doing so, they aim to make a significant impact on the lives of those with disabilities and special needs, enabling them to live more fulfilling and inclusive lives.
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Impact
July, 2024
The Charles Lea Center Foundation Inc contributes funds to related organizations that support individuals with disabilities and special needs. By raising awareness and providing financial support, the organization helps improve the quality of life for those in the community facing these challenges. Their impact is evident in the educational opportunities and services made available to individuals with disabilities and special needs in Spartanburg, SC.
This information is meant to be a general summary of The Charles Lea Center 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: $3,873
- Gross Receipts: $501,365
Assets and Liabilities:
- Total Assets: $4,043,156
- Total Liabilities: $68,778
- Net Assets: $3,974,378
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Organization Details
Founding Year
1985
Phone
(864) 585-0322Principal Officer
Marisa Cecil
Main Address
195 BURDETTE STREET, SPARTANBURG, SC, 29307
NTEE Category
Code: B00 - Education
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