Overview
What is Lake Worth West Resident Planning Group Inc?
Lake Worth West Resident Planning Group Inc is a nonprofit organization situated in Lake Worth, Florida, specifically at 4730 Maine Street. Their primary mission is to foster family unity, enhance community safety, and instill a sense of beauty within the local area. They achieve this by providing a variety of programs, including wellness, cultural, and educational activities. In the past year, they have engaged with 125 adults through educational workshops and 75 youth through recreational activities. The organization prides itself on having a team of 16 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Lake Worth West Resident Planning Group Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. The organization's overall score is entirely derived from its Accountability & Finance score, which stands at 88%. This indicates a commitment to financial transparency and responsible stewardship of resources.
The nonprofit boasts 100% independent board members, showcasing a strong governance structure. It also has no material diversion of assets, a low liabilities to assets ratio of 29.34%, and an impressive program expense ratio of 92.70%. These factors highlight the organization's dedication to channeling funds effectively towards its mission and programs.
However, there are notable areas for improvement. The organization lacks some key policies, including a conflict of interest policy and a whistleblower policy, which may affect its governance practices. Additionally, the absence of the tax form on its website could hinder transparency. Addressing these limitations could enhance the organization's credibility and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Worth West Resident Planning Group Inc legitimate?
Lake Worth West Resident Planning Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Worth West Resident Planning Group 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $599,779
For more financial information, click here
What is the mission statement of Lake Worth West Resident Planning Group Inc?
The Lake Worth West Resident Planning Group Inc is dedicated to fostering family unity, ensuring community safety, and enhancing aesthetics. They accomplish this by providing a range of wellness, cultural, and educational programs tailored for their residential community. The organization's main objective is to positively impact the lives of its residents by offering educational workshops for adults and engaging recreational activities for youth. In the previous year, they interacted with 125 adults through their educational workshops and engaged 75 youth in recreational activities.
Who is the CEO of Lake Worth West Resident Planning Group Inc?
Wilfredo Ortiz is the Principal Officer of Lake Worth West Resident Planning Group Inc.
What is the revenue of Lake Worth West Resident Planning Group Inc?
Lake Worth West Resident Planning Group Inc's revenue in 2022 was $1,337,196.
Who are the executives of Lake Worth West Resident Planning Group Inc and what are their salaries?
The average compensation at Lake Worth West Resident Planning Group Inc during 2022 was $42,799. There are 16 employees and 10 volunteers at Lake Worth West Resident Planning Group Inc.
Here are 6 key members and their salaries:
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- Compensation: $85,000
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- Other: $0
Where can I find the form 990 for Lake Worth West Resident Planning Group Inc?
Lake Worth West Resident Planning Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Worth West Resident Planning Group Inc
Lake Worth West Resident Planning Group Inc is an organization dedicated to fostering family unity, enhancing community safety, and promoting beautification. It also provides wellness, cultural, and educational programs for the residents of Lake Worth. The group's mission is multifaceted, aiming to create a harmonious and safe environment while offering opportunities for personal growth and community engagement.
Throughout the year, Lake Worth West Resident Planning Group Inc actively engages with the community. It conducts educational workshops for 125 adults, providing them with valuable skills and knowledge. Additionally, the organization organizes recreational activities for 75 youth, encouraging social interaction and fun. By promoting these programs, the group strives to bring the community together, foster a sense of unity, and contribute to the overall well-being of its residents.
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Impact
July, 2024
Lake Worth West Resident Planning Group Inc has a significant impact on the community of Lake Worth, Florida. Through their efforts to promote family unity, community safety, and beautification, as well as provide wellness, cultural, and educational programs, they have positively influenced the lives of many residents. In the past year, the organization worked with 125 adults in educational workshops and 75 youth in recreational activities. Their commitment to improving the quality of life in Lake Worth is evident in their mission to enhance community development and bring people together.
This information is meant to be a general summary of Lake Worth West Resident Planning Group 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: $1,337,196
Assets and Liabilities:
- Total Assets: $330,171
- Total Liabilities: $24,014
- Net Assets: $306,157
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Organization Details
Founding Year
1998
Phone
(561) 649-9600Principal Officer
Wilfredo Ortiz
Main Address
4730 MAINE STREET, LAKE WORTH, FL, 33461
NTEE Category
Code: S30 - Community improvement
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