Overview
What is Liberia Economic And Social Development Inc?
Liberia Economic and Social Development Inc, based in Hollywood, Florida, is a community-focused nonprofit organization with a mission to uplift low-income families. They offer a range of essential services, including career counseling and job training, to help individuals enhance their professional skills. Furthermore, they provide affordable housing options, ensuring families have a secure place to live. Additionally, LES Inc offers food assistance and childcare services, ensuring children of these families receive proper nutrition and care while their parents are working or seeking employment. With a dedicated workforce of just two individuals, this nonprofit demonstrates a strong commitment to empowering and supporting low-income families in their community.
Official website here: www.leshelps.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 74%)
Liberia Economic And Social Development Inc has received a two-star rating from Charity Navigator, indicating that the organization is performing at a level that needs improvement. The overall score of 74% reflects some strengths in governance and financial practices, particularly with 100% independent board members and a strong performance in program expenses, where 81.22% of its expenditures are directed toward its mission-related activities.
Despite these strengths, the organization has notable weaknesses that impact its rating. The lack of essential policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about governance practices. Additionally, the absence of the nonprofit's tax form on its website and a high liabilities to assets ratio of 68.03% are critical areas that need attention for improved transparency and financial health.
In conclusion, while Liberia Economic And Social Development Inc demonstrates a commitment to its programs, the organization needs to address its governance gaps and improve transparency to enhance its overall effectiveness and community trust. Addressing these limitations could contribute to a stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Liberia Economic And Social Development Inc legitimate?
Liberia Economic And Social Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberia Economic And Social Development 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: $50,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,203
For more financial information, click here
Official website here: www.leshelps.com
What is the mission statement of Liberia Economic And Social Development Inc?
Liberia Economic and Social Development Inc, as a community-based organization, is dedicated to serving low-income families and children. Their mission encompasses providing essential services such as career counseling, job training, and affordable housing. Additionally, they offer food and childcare facilities to support these families in their daily lives. The organization's aim is to contribute positively to the well-being of its community members, helping them to overcome various challenges and improve their living standards.
Official website here: www.leshelps.com
Who is the CEO of Liberia Economic And Social Development Inc?
Henry Graham is the President of Liberia Economic And Social Development Inc.
Official website here: www.leshelps.com
What is the revenue of Liberia Economic And Social Development Inc?
Liberia Economic And Social Development Inc's revenue in 2022 was $539,468.
Official website here: www.leshelps.com
Who are the executives of Liberia Economic And Social Development Inc and what are their salaries?
The average compensation at Liberia Economic And Social Development Inc during 2022 was $37,452. There are 2 employees and 100 volunteers at Liberia Economic And Social Development Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $50,700
- Related: $0
- Other: $0
Official website here: www.leshelps.com
Where can I find the form 990 for Liberia Economic And Social Development Inc?
Liberia Economic And Social Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leshelps.com
Learn more at the official website: www.leshelps.com
Mission Statement of Liberia Economic And Social Development Inc
Liberia Economic and Social Development Inc, or LES Inc, is a community-focused organization dedicated to serving low-income families and children. Its mission is multifaceted, encompassing career counseling, job training, and the provision of affordable housing, food, and childcare services. By offering these essential resources, LES Inc aims to uplift and empower its community members, enabling them to build a better future for themselves and their families. Through its career counseling and job training programs, LES Inc equips individuals with the necessary skills and knowledge to secure employment, thereby improving their financial stability. Meanwhile, the organization's affordable housing, food, and childcare services address some of the most pressing needs of low-income families, ensuring that they have access to basic necessities and can maintain a stable living environment. In this way, LES Inc plays a vital role in supporting and strengthening its community, fostering a sense of resilience and self-sufficiency among its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Liberia Economic And Social Development Inc, based in Hollywood, FL, is making a significant impact on low-income children and families by providing vital services such as affordable housing, food, childcare, career counseling, and job training. By offering these essential resources, LES Inc is not only meeting immediate needs but also empowering individuals to break the cycle of poverty and build a more stable future. Through its mission-driven approach, LES Inc is creating a positive ripple effect in the community, helping families thrive and fostering economic and social development in the region.
This information is meant to be a general summary of Liberia Economic And Social Development 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.
- Gross Receipts: $539,468
Assets and Liabilities:
- Total Assets: $1,493,714
- Total Liabilities: $1,016,214
- Net Assets: $477,500
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(954) 924-3636Principal Officer
Henry Graham
Main Address
3220 N 24th Avenue, Hollywood, FL, 33020
Website
www.leshelps.comNTEE Category
Code: L200 - Housing
If you are a representative of Liberia Economic And Social Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.