Overview
What is St Armands Key Lutheran Church Foundation?
St. Armands Key Lutheran Church Foundation is a nonprofit organization situated in Sarasota, Florida, with an address at 40 North Adams Drive. Its primary mission is to distribute funds for the benefit of St. Armands Key Lutheran Church and other eligible organizations that promote charitable and religious purposes. By providing financial support, this foundation aims to contribute positively to the community and further various noble causes.
Official website here: www.starmandschurch.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
St Armands Key Lutheran Church Foundation has achieved a high rating of 90%, reflecting its strong performance in accountability and finance. The organization excels in various areas, including having a fully independent board with all members serving without conflicts of interest, showcasing a commitment to governance and ethical standards.
Strengths of the foundation include a perfect score in program expenses, indicating that all funds are directed towards its programs, and solid financial management, as evidenced by the 0% liabilities to assets ratio. Additionally, the presence of well-established policies for document retention and conflict of interest further enhances its credibility.
However, the organization lacks a whistleblower policy, which could be seen as a limitation in transparency and risk management. Overall, the foundation demonstrates a robust financial health and governance structure, making it a reliable choice for donors seeking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Armands Key Lutheran Church Foundation legitimate?
St Armands Key Lutheran Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Armands Key Lutheran Church Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.starmandschurch.com
What is the mission statement of St Armands Key Lutheran Church Foundation?
The St. Armands Key Lutheran Church Foundation's mission is centered around distributing funds to benefit St. Armands Key Lutheran Church and other eligible organizations. This is done to support charitable and religious causes. Their purpose is to promote these noble objectives, contributing to the betterment of various communities. The foundation's activities are geared towards advancing charitable and religious pursuits.
Official website here: www.starmandschurch.com
What is the revenue of St Armands Key Lutheran Church Foundation?
St Armands Key Lutheran Church Foundation's revenue in 2023 was $43,515.
Official website here: www.starmandschurch.com
Who are the executives of St Armands Key Lutheran Church Foundation and what are their salaries?
There 11 volunteers at St Armands Key Lutheran Church Foundation.
Here are 11 key members and their salaries:
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Official website here: www.starmandschurch.com
Where can I find the form 990 for St Armands Key Lutheran Church Foundation?
St Armands Key Lutheran Church Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.starmandschurch.com
Learn more at the official website: www.starmandschurch.com
Mission Statement of St Armands Key Lutheran Church Foundation
The St. Armands Key Lutheran Church Foundation's mission is centered around distributing funds to benefit St. Armands Key Lutheran Church and other eligible organizations. The primary objective of this nonprofit is to support charitable and religious purposes. By providing financial aid, the foundation aims to contribute positively to various initiatives aligned with these noble causes. The foundation's activities are geared towards promoting the welfare of the community and furthering the religious beliefs of St. Armands Key Lutheran Church.
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Impact
August, 2024
St Armands Key Lutheran Church Foundation's impact lies in its ability to distribute funds to benefit St. Armands Key Lutheran Church and other qualifying organizations that promote charitable and religious purposes. Through its mission of supporting these entities, the foundation contributes to the overall well-being and growth of the community in Sarasota, Florida, and facilitates the advancement of religious and charitable causes.
This information is meant to be a general summary of St Armands Key Lutheran Church Foundation. 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 2023.
- Investment Income: $35,917
- Gross Receipts: $43,515
Assets and Liabilities:
- Total Assets: $2,116,085
- Total Liabilities: $0
- Net Assets: $2,116,085
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Organization Details
Principal Officer
Michael Armour
Website
www.starmandschurch.comNTEE Category
Code: X20 - Religion related
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