Lambda South Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592560168 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lambda South Inc?

Lambda South Inc, a nonprofit organization based in Fort Lauderdale, Florida, is dedicated to addressing alcohol and drug dependency issues. Their primary mission is to create a welcoming space for twelve-step groups to gather and support one another in their recovery journeys. By providing a facility for these meetings, Lambda South Inc aims to contribute positively to the lives of individuals struggling with substance abuse and their families. The organization's efforts extend beyond direct treatment, fostering a sense of community and mutual aid in the fight against addiction.


Official website here: www.lambdasouth.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 43%, Zero-Star out of Four Star rating.

Lambda South Inc has received a low score of 43%, primarily due to issues related to its financial accountability. While it excels in having a fully independent board and good governance policies, the organization suffers from significant drawbacks, particularly in its financial ratios. The program expense ratio indicates that only a small portion of its expenses is directed towards its programs, which raises concerns about its overall effectiveness.

The organization has a solid governance structure, noted for having a majority of independent board members and a comprehensive conflict of interest policy. However, the absence of critical policies like a whistleblower policy and document retention procedures suggests potential governance weaknesses. Additionally, the negative liabilities to assets ratio hints at possible financial instability.

Overall, while Lambda South Inc demonstrates strengths in governance, the crucial shortcomings in financial management and program expenses warrant scrutiny. The low score indicates that potential donors should carefully consider these factors before making contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Lambda South Inc legitimate?

Lambda South Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lambda South 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lambdasouth.com

What is the mission statement of Lambda South Inc?

Lambda South Inc, a non-profit organization, is committed to providing a space where individuals seeking help for alcohol or drug dependency can come together and support each other through twelve-step programs. The organization's mission is centered around offering a facility that fosters healing and mutual aid, aiming to assist those struggling with addiction in their recovery journey. Lambda South Inc does not offer treatment or therapy, but instead, provides a supportive environment for those working through the twelve-step program. The organization's work is crucial in helping individuals affected by addiction find a sense of community and hope on their path to recovery.


Official website here: www.lambdasouth.com

Who is the CEO of Lambda South Inc?

Lori Douvris is the President of Lambda South Inc.


Official website here: www.lambdasouth.com

What is the revenue of Lambda South Inc?

Lambda South Inc's revenue in 2022 was $67,800.


Official website here: www.lambdasouth.com

Who are the executives of Lambda South Inc and what are their salaries?

There 75 volunteers at Lambda South Inc.


Here are 4 key members and their salaries:


Lori Douvris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Tucker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Haworth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Mccarthy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lambdasouth.com

Where can I find the form 990 for Lambda South Inc?

Lambda South Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lambdasouth.com

Learn more at the official website: www.lambdasouth.com

Mission Statement of Lambda South Inc

Lambda South Inc, a nonprofit organization, is dedicated to providing a conducive environment for individuals seeking recovery from alcohol or drug dependency. Situated in an undisclosed location, this organization's mission revolves around offering a facility that caters to the meetings of twelve-step groups, a widely recognized and effective approach to addiction recovery. By providing this space, Lambda South Inc aims to offer a supportive and communal environment for individuals embarking on their recovery journey, fostering a sense of unity and shared purpose among its attendees.

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Impact




June, 2024

Lambda South Inc's impact lies in providing a vital facility for twelve-step groups to meet, offering crucial support and resources for individuals seeking to overcome alcohol or drug dependency in Fort Lauderdale, FL. By facilitating these group meetings, Lambda South Inc plays a significant role in promoting mental health, fostering community support, and aiding individuals in their journey towards recovery and sobriety.




This information is meant to be a general summary of Lambda South 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.

Revenue
$67,800 (2022)
Expenses
$75,070 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Gross Receipts: $69,986

Assets and Liabilities:

  • Total Assets: $329,496
  • Total Liabilities: -$15
  • Net Assets: $329,511

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Organization Details

Founding Year

1983

Principal Officer

Lori Douvris

Main Address

P O BOX 030339, FORT LAUDERDALE, FL, 33303

NTEE Category

Code: F20 - Mental health

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