Overview
What is East Lake Foundationinc?
The East Lake Foundationinc, based in Atlanta, Georgia, is a nonprofit organization with a mission to improve the lives of its community members. Located at 2606 Alston Drive, GA 30317, the foundation collaborates with local residents, Charles R. Drew Charter School families, and key service providers to ensure equitable access to resources and support. Their primary activity includes providing after-school programs and administrative assistance to students of Drew Charter School and East Lake Community. With a team of 14 dedicated individuals, the East Lake Foundation's aim is to equip families in the East Lake neighborhood and students of Charles R. Drew Charter School with the tools necessary to thrive, focusing on education, mixed-income housing, and community wellness.
Official website here: www.eastlakefoundation.org
What are the reviews and ratings of this charity?
The East Lake Foundation earns a distinguished Four-Star out of Four Star rating from Charity Navigator, with an impressive score of 97%. This high rating is based entirely on the organization's exceptional Accountability and Finance performance, as other factors like Impact & Measurement and Leadership aren't currently scored. The foundation consistently demonstrates robust financial health and transparency.
The foundation excels in governance, boasting a fully independent board and compliance with essential policies, such as conflict of interest and whistleblower protections. Its financial audits ensure oversight, while maintaining an optimal liabilities to assets ratio and efficient program expense management. These strengths highlight its capability and commitment to ethical and efficient operations.
Although the current Charity Navigator metrics do not evaluate leadership, adaptability, or community impact, the East Lake Foundation's financial accountability underscores its reliability. The absence of reviews on GreatNonprofits means direct community feedback is lacking, but the foundation's structured transparency and financial diligence reflect positively on its organizational ethos.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about East Lake Foundationinc?
100% of 9 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Reviewers express strong support for the East Lake Foundation, highlighting their impactful work within the community. Many take pride in the positive changes the organization fosters, indicating a deep sense of appreciation for their efforts.
Overall, the sentiments are overwhelmingly positive, showcasing that the East Lake Foundation effectively meets the needs of the community and earns the confidence and admiration of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is East Lake Foundationinc legitimate?
East Lake Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Lake Foundationinc 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: $378,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,986
For more financial information, click here
Official website here: www.eastlakefoundation.org
What is the mission statement of East Lake Foundationinc?
The East Lake Foundation collaborates with families in a neighborhood in Atlanta, Georgia, and students of Charles R. Drew Charter School to provide them with the necessary resources, tools, and support to improve their lives and create better opportunities for future generations. The organization's mission is to equip these individuals with education, affordable housing, and community wellness initiatives, aiming to foster a sense of thriving and self-improvement. By working closely with key service providers, the East Lake Foundation seeks to ensure equitable access to these essential resources for all members of the community.
Official website here: www.eastlakefoundation.org
Who is the CEO of East Lake Foundationinc?
Ilham Askia is the Secretary of East Lake Foundationinc. The CEO's salary of East Lake Foundationinc is $61,174 and their total compensation is $63,111.
Official website here: www.eastlakefoundation.org
What is the revenue of East Lake Foundationinc?
East Lake Foundationinc's revenue in 2022 was $11,852,753.
Official website here: www.eastlakefoundation.org
Who are the executives of East Lake Foundationinc and what are their salaries?
The average compensation at East Lake Foundationinc during 2022 was $43,356. There are 14 employees and 122 volunteers at East Lake Foundationinc.
Here are 23 key members and their salaries (East Lake Foundationinc's CEO's salary is $61,174 and their total compensation is $63,111):
- Compensation: $166,361
- Related: $0
- Other: $15,617
- Compensation: $126,034
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- Other: $28,201
- Compensation: $61,174
- Related: $0
- Other: $1,937
- Compensation: $24,434
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- Other: $2,445
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Official website here: www.eastlakefoundation.org
Where can I find the form 990 for East Lake Foundationinc?
East Lake Foundationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastlakefoundation.org
Learn more at the official website: www.eastlakefoundation.org
Mission Statement of East Lake Foundationinc
The East Lake Foundation collaborates with various entities within the East Lake neighborhood in Atlanta, Georgia, including residents, Charles R. Drew Charter School families, and key service providers. The organization's mission is to equip families residing in the East Lake neighborhood and students of Charles R. Drew Charter School, both situated in the same neighborhood, with the necessary resources, tools, and support needed to improve their lives and establish a better future for subsequent generations. East Lake Foundation provides the means for these families and students to achieve this goal through education, mixed-income housing, and community wellness. By doing so, the foundation aims to ensure that every member of the community has an equal opportunity to thrive.
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Impact
July, 2024
East Lake Foundationinc's impact is felt through its collaborative efforts with the residents of East Lake neighborhood in Atlanta, Georgia, Charles R. Drew Charter School families, and other key service providers. They ensure that every member of the community has equitable access to the resources, tools, and supports needed to thrive. Through their student support program, they provide after-school programs and administrative support to students of Drew Charter School and the East Lake community. Their mission is to provide the tools for families in the East Lake neighborhood and students of Charles R. Drew Charter School to build a better life for themselves and future generations through education, mixed-income housing, and community wellness.
This information is meant to be a general summary of East Lake Foundationinc. 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: -$155,298
- Gross Receipts: $20,126,683
Assets and Liabilities:
- Total Assets: $68,536,747
- Total Liabilities: $1,983,637
- Net Assets: $66,553,110
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Organization Details
Founding Year
1995
Phone
(404) 373-4351Principal Officer
Ilham Askia
Main Address
2606 ALSTON DRIVE, ATLANTA, GA, 30317
Website
www.eastlakefoundation.orgNTEE Category
Code: T30 - Philanthropy
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