Overview
What is Lost Tree Village Charitable Foundation Inc?
Lost Tree Village Charitable Foundation Inc is a nonprofit organization situated in North Palm Beach, Florida. The primary objective of this foundation is to enhance the quality of life in its local community by offering financial aid to 501(c)(3) health and human service organizations. These organizations provide essential services or assistance to individuals facing challenges in areas such as health, hunger, housing, and education. The foundation has a mission to work collaboratively, aiming to substantially improve the lives of those in need within the community. In the recent year, the foundation awarded 71 grants to various human service agencies for capital needs. With a small team of four employees, Lost Tree Village Charitable Foundation Inc plays a significant role in supporting its community.
Official website here: www.losttreefoundation.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 97% (Four-Star out of Four Stars)**tar)**
Lost Tree Village Charitable Foundation Inc has earned a Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The foundation demonstrates a strong commitment to transparency, with an independent board and no significant issues regarding conflicts of interest or financial mismanagement. Its program expense ratio of nearly 97% indicates that a large majority of its funds are directed towards its charitable programs.
Key strengths of the organization include a stable financial position, evidenced by a low liabilities to assets ratio of 3.17% and a working capital ratio supporting multiple years of operating expenses. The foundation's commitment to strong governance practices is further highlighted by comprehensive policies on whistleblowing and document retention, contributing to its positive accountability rating.
However, it's important to note that Lost Tree Village Charitable Foundation Inc has not been evaluated for impact, culture, or leadership by Charity Navigator, which may leave some potential donors seeking a more complete assessment of its effectiveness in achieving its mission. User reviews from GreatNonprofits were not available, limiting insight from individual experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lost Tree Village Charitable Foundation Inc legitimate?
Lost Tree Village Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lost Tree Village Charitable 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: $169,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,024
For more financial information, click here
Official website here: www.losttreefoundation.org
What is the mission statement of Lost Tree Village Charitable Foundation Inc?
The Lost Tree Village Charitable Foundation Inc's mission is centered around enhancing the quality of life in the local community. They accomplish this by providing financial support to 501(c)(3) health and human service organizations. These organizations offer essential services or aid to individuals in need, focusing on issues such as health, hunger, housing, and education. The Foundation's primary goal is to improve lives by significantly strengthening their surrounding communities. To achieve this, they grant funds primarily for capital needs, awarding a total of 71 grants to various human service agencies.
Official website here: www.losttreefoundation.org
Who is the CEO of Lost Tree Village Charitable Foundation Inc?
John K Twyman is the President of Lost Tree Village Charitable Foundation Inc.
Official website here: www.losttreefoundation.org
What is the revenue of Lost Tree Village Charitable Foundation Inc?
Lost Tree Village Charitable Foundation Inc's revenue in 2022 was $8,615,852.
Official website here: www.losttreefoundation.org
Who are the executives of Lost Tree Village Charitable Foundation Inc and what are their salaries?
The average compensation at Lost Tree Village Charitable Foundation Inc during 2022 was $68,584. There are 4 employees and 159 volunteers at Lost Tree Village Charitable Foundation Inc.
Here are 10 key members and their salaries:
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- Compensation: $138,182
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- Other: $11,345
Official website here: www.losttreefoundation.org
Where can I find the form 990 for Lost Tree Village Charitable Foundation Inc?
Lost Tree Village Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.losttreefoundation.org
Learn more at the official website: www.losttreefoundation.org
Mission Statement of Lost Tree Village Charitable Foundation Inc
Lost Tree Village Charitable Foundation Inc is committed to enhancing the quality of life within its community by granting funds to eligible 501(c)(3) health and human service organizations. These organizations utilize the funds to offer services or aid to those in need, particularly focusing on issues such as health, hunger, housing, and education. By doing so, the Foundation aims to foster a stronger local community and significantly improve the lives of its neighbors who are less fortunate. The Foundation's mission is centered around the idea of working together to uplift the surrounding communities, with a primary focus on providing capital resources to the chosen organizations to effectively address the aforementioned needs.
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Impact
July, 2024
Lost Tree Village Charitable Foundation Inc's impact is significant in improving the quality of life for individuals in need in the North Palm Beach community. Through granting funds to health and human service organizations, the Foundation has supported initiatives addressing crucial issues such as health, hunger, housing, and education. This tangible support has enabled these organizations to continue their important work in serving the community and making a positive impact on the lives of those who are most vulnerable.
This information is meant to be a general summary of Lost Tree Village Charitable 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: $448,334
- Gross Receipts: $10,177,697
Assets and Liabilities:
- Total Assets: $15,307,799
- Total Liabilities: $354,822
- Net Assets: $14,952,977
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Organization Details
Founding Year
1981
Phone
(561) 622-3780Principal Officer
John K Twyman
Main Address
8 Church Street, North Palm Beach, FL, 334082961
Website
www.losttreefoundation.orgNTEE Category
Code: T30 - Philanthropy
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