Overview
What is Lake Cumberland Community Action Agency Inc?
Lake Cumberland Community Action Agency Inc is a nonprofit organization based in Jamestown, Kentucky. Their mission is to support and enhance the development of at-risk preschool-age children and their families from low-income backgrounds. They provide essential assistance to help these individuals secure adequate food, shelter, healthcare, education, and a sustainable home. The organization, which employs 238 people, is dedicated to positively impacting the lives of children and families in need by fostering their physical, social, emotional, and intellectual growth.
Official website here: www.lc-caa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
Lake Cumberland Community Action Agency Inc has achieved an impressive score of 96%, which highlights its strong commitment to accountability and financial management. The charity's overall rating is derived solely from its accountability and finance score, indicating that it has excelled in these areas. A significant aspect of this rating is the presence of a majority independent board, which enhances the organization's governance and oversight.
The agency also demonstrates robust financial health, with a program expense ratio of approximately 93.91%, meaning that a large portion of its funds directly supports programs rather than administrative costs. Additionally, the absence of any material diversion of assets and a favorable liabilities-to-assets ratio reflect sound financial practices. The organization is transparent in its operations, with clear policies regarding conflict of interest, whistleblower protection, and document retention.
While the data showcases many strengths, it is important for potential donors and stakeholders to consider the specific programs and impact of the agency in the community. Ongoing evaluation of its programs will help ensure that it continues to meet the needs of those it serves effectively. Overall, Lake Cumberland Community Action Agency Inc stands out as a well-managed nonprofit with a strong focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Cumberland Community Action Agency Inc legitimate?
Lake Cumberland Community Action Agency Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Cumberland Community Action Agency 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: $4,196,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lc-caa.org
What is the mission statement of Lake Cumberland Community Action Agency Inc?
Lake Cumberland Community Action Agency Inc is dedicated to assisting individuals in low-income environments to attain adequate food, shelter, healthcare, education, and a sustainable home. Their mission is geared towards enhancing the lives of at-risk preschool-age children and their families, by providing support and enriching their development through a team effort. This organization's efforts focus on the physical, social, emotional, and intellectual growth of the children, ensuring they have a strong foundation for the future. Through programs such as Head Start, they aim to create positive change and make a lasting impact on the lives of those in need.
Official website here: www.lc-caa.org
Who is the CEO of Lake Cumberland Community Action Agency Inc?
Nicholas Shearer is the Director of Lake Cumberland Community Action Agency Inc.
Official website here: www.lc-caa.org
What is the revenue of Lake Cumberland Community Action Agency Inc?
Lake Cumberland Community Action Agency Inc's revenue in 2023 was $17,338,070.
Official website here: www.lc-caa.org
Who are the executives of Lake Cumberland Community Action Agency Inc and what are their salaries?
The average compensation at Lake Cumberland Community Action Agency Inc during 2023 was $17,633. There are 238 employees at Lake Cumberland Community Action Agency Inc.
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Official website here: www.lc-caa.org
Where can I find the form 990 for Lake Cumberland Community Action Agency Inc?
Lake Cumberland Community Action Agency Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lc-caa.org
Learn more at the official website: www.lc-caa.org
Mission Statement of Lake Cumberland Community Action Agency Inc
Lake Cumberland Community Action Agency Inc is a dedicated organization that strives to assist individuals in low-income environments to attain adequate food, shelter, healthcare, education, and a sustainable home. The mission of this nonprofit is geared towards enhancing the lives of at-risk preschool-age children and their families.
Through its Head Start program, Lake Cumberland Community Action Agency Inc assembles a positive team effort to support and enrich the development of young children. The organization focuses on the physical, social, emotional, and intellectual growth of these children, ensuring they receive the necessary foundation for a successful future. Furthermore, the program extends its support to the families, recognizing that their wellbeing is essential for the child's development.
Lake Cumberland Community Action Agency Inc takes a comprehensive approach to community development, addressing the various aspects of life that contribute to overall wellbeing. By providing essential resources and support, this nonprofit empowers individuals to break the cycle of poverty and strive for a better future. Through its mission, Lake Cumberland Community Action Agency Inc continues to make a significant impact on the lives of those in need.
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Impact
October, 2024
Lake Cumberland Community Action Agency Inc significantly enhances the quality of life for individuals and families in low-income environments. By focusing on crucial needs such as food, shelter, healthcare, and education, the agency plays a vital role in addressing systemic poverty and promoting overall well-being.
Through its Head Start program, the agency specifically targets at-risk preschool-aged children, fostering their development in a supportive environment. This initiative not only improves the children's physical, social, emotional, and intellectual growth but also empowers families by providing essential resources and support. By utilizing a positive team effort, the agency effectively enriches the lives of these children and their families, helping them achieve stability and a pathway toward sustainable living.
Overall, Lake Cumberland Community Action Agency Inc serves as a critical resource in the Jamestown, KY community, driving impactful change and providing hope for a brighter future for those it serves.
This information is meant to be a general summary of Lake Cumberland Community Action Agency 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 2023.
- Investment Income: $11,304
- Gross Receipts: $17,347,643
Assets and Liabilities:
- Total Assets: $13,230,053
- Total Liabilities: $4,609,873
- Net Assets: $8,620,180
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Organization Details
Founding Year
1973
Phone
(800) 928-6382Principal Officer
Nicholas Shearer
Main Address
PO BOX 830, JAMESTOWN, KY, 42629
Website
www.lc-caa.orgNTEE Category
Code: P200 - Human services
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