Overview
What is Les Passees Inc?
Les Passees Inc is a nonprofit organization located in Memphis, Tennessee, with a focus on advocacy and support for children and their families in their community. They achieve their mission by providing financial assistance to various local charities, aiming to enhance the quality of life for these families. With a modest team of eight employees, Les Passees Inc plays a significant role in supporting local organizations that cater to the needs of children and their families, contributing to a stronger and more supportive community.
Official website here: www.lpmemphis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
Les Passees Inc has received a low rating, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and has no material diversion of assets, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are critical for operational transparency and governance.
Additionally, the nonprofit's program expense ratio is relatively low at 40.93%, suggesting that a substantial portion of its resources may not be directed towards its programs and services. The absence of its tax form on the nonprofit's website further contributes to transparency issues, raising questions about financial responsibility and public trust.
Overall, while Les Passees Inc demonstrates certain strengths in governance with a fully independent board, the lack of critical policies and low program expense ratio highlights the need for improvement in its financial accountability and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Les Passees Inc legitimate?
Les Passees Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Les Passees 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: $85,053
For more financial information, click here
Official website here: www.lpmemphis.org
What is the mission statement of Les Passees Inc?
Les Passees Inc is committed to providing advocacy and support, aiming to improve the quality of life for children and their families in the community. They achieve this objective by offering financial assistance to various local charities. The organization's mission is to leverage its resources to enhance the well-being and opportunities of children and their families, demonstrating a strong commitment to community welfare. By providing financial support, Les Passees Inc aims to contribute to the overall betterment of the community, addressing the needs of vulnerable families and children through various local charities.
Official website here: www.lpmemphis.org
Who is the CEO of Les Passees Inc?
Pamela A Guinn is the President of Les Passees Inc.
Official website here: www.lpmemphis.org
What is the revenue of Les Passees Inc?
Les Passees Inc's revenue in 2022 was $211,429.
Official website here: www.lpmemphis.org
Who are the executives of Les Passees Inc and what are their salaries?
The average compensation at Les Passees Inc during 2022 was $10,632. There are 8 employees at Les Passees Inc.
Here are 10 key members and their salaries:
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Official website here: www.lpmemphis.org
Where can I find the form 990 for Les Passees Inc?
Les Passees Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpmemphis.org
Learn more at the official website: www.lpmemphis.org
Mission Statement of Les Passees Inc
Les Passees Inc, a nonprofit organization, is dedicated to enhancing the quality of life for children and their families in the community. They achieve this mission by providing financial support to various local charities. This strategic approach allows these charities to effectively deliver their services, ultimately benefiting the children and families they serve. By offering financial assistance, Les Passees Inc acts as a catalyst for positive change, empowering these charities to make a significant impact in their respective areas of focus. In essence, Les Passees Inc serves as a vital bridge, connecting resources to those in need, thereby improving the overall well-being of children and their families in the community.
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Impact
October, 2024
Les Passees Inc significantly enhances the quality of life for children and their families in Memphis, TN, by advocating for their needs and providing financial support to various local charities. Through these efforts, the organization addresses critical issues faced by families, particularly those related to health and well-being. Their work ensures that essential resources and support systems are available, contributing to a healthier and more supportive community environment. By channeling funds to local charities, Les Passees Inc empowers these organizations to expand their reach and effectiveness, ultimately benefiting those who require assistance the most. This commitment to advocacy and support fosters a sense of community, connecting families with the resources they need to thrive.
This information is meant to be a general summary of Les Passees 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: -$55,626
- Program Service Revenue: $34,876
- Gross Receipts: $717,837
Assets and Liabilities:
- Total Assets: $1,022,776
- Total Liabilities: $0
- Net Assets: $1,022,776
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIRECT PUBLIC SUPPORT:SPONSOR
Revenue
$34,876
Organization Details
Phone
(901) 761-5525Principal Officer
Pamela A Guinn
Main Address
5489 MURRAY AVENUE, MEMPHIS, TN, 38119
Website
www.lpmemphis.orgNTEE Category
Code: G40 - Disease
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