Overview
What is Larc Inc?
Larc Inc, located at 2570 Hanson Street, Fort Myers, Florida 33901, is a dedicated nonprofit organization that focuses on empowering and supporting individuals with disabilities and their families. Their mission is to aid these individuals in realizing their full potential. The organization provides an Adult Day Training Program, although further details can be found in Schedule O. Larc Inc employs a workforce of 161 individuals, demonstrating their commitment to serving this community.
Official website here: www.larcleecounty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Larc Inc has received a perfect score of 100% from Charity Navigator, reflecting its exceptional performance in accountability and finance. This rating is significant as it underscores the organization’s commitment to transparency and responsible financial management, which is crucial for building donor trust.
The nonprofit boasts a fully independent board of directors, consisting of 14 members, which enhances its governance. Additionally, it has demonstrated robust oversight through various policies, including conflict of interest and whistleblower policies, alongside a commendable program expense ratio of 86.20%. This indicates that a significant portion of its funds is directed towards its programs.
While the data highlights numerous strengths, the summary does not indicate any notable limitations or concerns. The organization’s commitment to maintaining low liabilities relative to its assets and ensuring that essential documents are readily available reinforces its strong operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Larc Inc legitimate?
Larc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larc 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: $116,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,645,295
For more financial information, click here
Official website here: www.larcleecounty.org
What is the mission statement of Larc Inc?
Larc Inc's mission is centered around empowering and supporting individuals with disabilities and their families, enabling them to reach their full potential. This organization strives to achieve this goal by providing necessary resources and assistance. While details about their specific programs and activities, such as their adult day training program, are not provided, it can be inferred that Larc Inc offers various initiatives to help individuals with disabilities achieve personal growth and independence.
Official website here: www.larcleecounty.org
Who is the CEO of Larc Inc?
Angela Katz is the Executive Di of Larc Inc.
Official website here: www.larcleecounty.org
What is the revenue of Larc Inc?
Larc Inc's revenue in 2022 was $3,906,658.
Official website here: www.larcleecounty.org
Who are the executives of Larc Inc and what are their salaries?
The average compensation at Larc Inc during 2022 was $10,945. There are 161 employees and 130 volunteers at Larc Inc.
Here are 14 key members and their salaries:
- Compensation: $120,339
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Official website here: www.larcleecounty.org
Where can I find the form 990 for Larc Inc?
Larc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.larcleecounty.org
Learn more at the official website: www.larcleecounty.org
Mission Statement of Larc Inc
Larc Inc, as a nonprofit organization, is dedicated to empowering and supporting individuals with disabilities and their families, enabling them to reach their full potential. The mission of Larc Inc is centered around fostering an environment that encourages growth and independence for those affected by disabilities. This mission is carried out through various means, although specific details about their adult day training program are not provided in the information given. It is implied that Larc Inc offers programs and services designed to help individuals with disabilities and their families navigate their challenges and achieve their goals, thereby fulfilling their potential.
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Impact
July, 2024
Larc Inc has a significant impact on empowering individuals with disabilities and their families to achieve their full potential. Through their adult day training program in Fort Myers, FL, they provide valuable support and resources to help individuals with disabilities gain independence and reach their goals. Larc Inc's focus on employment and empowerment creates a positive impact by opening up opportunities for individuals who might otherwise face barriers to achieving their full potential.
This information is meant to be a general summary of Larc 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: -$73,684
- Program Service Revenue: $231,747
- Gross Receipts: $4,146,557
Assets and Liabilities:
- Total Assets: $4,096,902
- Total Liabilities: $494,059
- Net Assets: $3,602,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$151,190
PROJECTS
Revenue
$80,557
Organization Details
Founding Year
1954
Principal Officer
Angela Katz
Main Address
2570 HANSON ST, FORT MYERS, FL, 33901
Website
www.larcleecounty.orgNTEE Category
Code: J200 - Employment
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