Overview
What is Louisville Metro Police Foundation Inc?
Louisville Metro Police Foundation Inc is a nonprofit organization headquartered in Louisville, Kentucky, specifically at 982 EASTERN PKWY. Its primary mission is to serve as a bridge between the Louisville Metro Police Department and the community, providing essential equipment and programs that are not covered by tax dollars. The foundation, with a small team of two employees, was established to offer critical financial support to Louisville Metro Police Department officers and staff members who encounter extraordinary hardships, whether they occur on or off duty. This support aims to contribute to making Louisville one of America's safest cities.
Official website here: www.saferlouisville.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Louisville Metro Police Foundation Inc has earned a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization boasts an impressive accountability score, reflecting its commitment to transparency with a fully independent board and no material diversion of assets.
Strengths of the foundation include an excellent program expense ratio of 84.01%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Furthermore, the organization has demonstrated efficiency in fundraising, with a low cost of $0.07 to raise a dollar, showcasing effective resource management.
While the foundation appears to have a strong financial standing, the overall rating suggests there is room for improvement. However, the high percentage of independent board members and effective management of liabilities indicate that the Louisville Metro Police Foundation Inc is well-positioned to continue its work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Louisville Metro Police Foundation Inc legitimate?
Louisville Metro Police Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville Metro Police 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,981
For more financial information, click here
Official website here: www.saferlouisville.com
What is the mission statement of Louisville Metro Police Foundation Inc?
The Louisville Metro Police Foundation Inc serves as a bridge between the community and the Louisville Metro Police Department, aiming to provide financial support for essential equipment and programs that are not included in the city budget. Their mission is to contribute to making Louisville one of America's safest cities. They achieve this by utilizing private donations to provide the Louisville Metro Police Department and its officers with crucial equipment and programs that are not covered by tax dollars. Additionally, the foundation has established the Officers in Distress Fund, which offers critical financial assistance directly to Louisville Metro Police Department officers and staff members who face extraordinary tragedies, both on and off duty.
Official website here: www.saferlouisville.com
Who is the CEO of Louisville Metro Police Foundation Inc?
Jim Ellis is the Chairman Of Board of Louisville Metro Police Foundation Inc.
Official website here: www.saferlouisville.com
What is the revenue of Louisville Metro Police Foundation Inc?
Louisville Metro Police Foundation Inc's revenue in 2022 was $1,894,426.
Official website here: www.saferlouisville.com
Who are the executives of Louisville Metro Police Foundation Inc and what are their salaries?
The average compensation at Louisville Metro Police Foundation Inc during 2022 was $81,490. There are 2 employees at Louisville Metro Police Foundation Inc.
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Official website here: www.saferlouisville.com
Where can I find the form 990 for Louisville Metro Police Foundation Inc?
Louisville Metro Police Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saferlouisville.com
Learn more at the official website: www.saferlouisville.com
Mission Statement of Louisville Metro Police Foundation Inc
Louisville Metro Police Foundation Inc is dedicated to serving as a non-partisan bridge between the Louisville Metro Police Department and the community. Their mission is to enhance the safety of Louisville by utilizing private donations to fund essential equipment and programs that do not fall under the city's budget. This nonprofit organization believes in supporting the Louisville Metro Police Department and its officers, providing them with resources that are not funded by tax dollars.
One of their primary initiatives is the Officers in Distress Fund. This fund was established to offer critical financial assistance directly to officers and staff members of the Louisville Metro Police Department who experience extraordinary hardships, either in the line of duty or outside of it. The foundation's goal is to help these individuals during challenging times, ensuring they have the necessary support to overcome their difficulties. By providing essential equipment and programs not covered by tax dollars, Louisville Metro Police Foundation Inc is committed to contributing to the safety of the city and supporting those who protect and serve its community.
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Impact
July, 2024
Louisville Metro Police Foundation Inc serves as a crucial liaison between the Louisville Metro Police Department and the community, ensuring essential equipment and programs are provided that are not covered by the city budget. One key initiative is the Officers in Distress Fund, which offers critical financial support to officers and staff facing extraordinary tragedies, whether on or off duty. By leveraging private donations, the foundation contributes to making Louisville one of America's safest cities, ultimately enhancing public safety and supporting law enforcement efforts.
This information is meant to be a general summary of Louisville Metro Police 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: $19,602
- Program Service Revenue: $297,849
- Gross Receipts: $2,985,673
Assets and Liabilities:
- Total Assets: $2,349,376
- Total Liabilities: $5,496
- Net Assets: $2,343,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OFFICER IN DISTRESS
Revenue
$297,849
Organization Details
Founding Year
2006
Phone
(502) 409-9563Principal Officer
Jim Ellis
Main Address
982 EASTERN PKWY, LOUISVILLE, KY, 40217
Website
www.saferlouisville.comNTEE Category
Code: I01 - Crime
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