Overview
What is The Loveall Foundation For Children?
The Loveall Foundation for Children is a 501(c)(3) nonprofit organization, primarily known for organizing an annual golf tournament as its primary fundraising event. The proceeds generated from this event are dedicated to offering charitable assistance and enhancing the lives of underprivileged children residing in northern California. Their mission revolves around providing aid to improve the overall well-being of these children. The foundation does not disclose further details about its activities or mission, as indicated in the information provided.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Loveall Foundation For Children has received a rating of 67% from Charity Navigator, which translates to a Two-Star rating. This rating reflects a moderate level of accountability and financial health, with specific strengths including a fully independent board and no material diversion of assets. The organization shows a solid program expense ratio of 74.68%, indicating that a significant portion of its resources is allocated towards its charitable programs.
However, there are notable areas for improvement. The foundation has received low marks for several governance policies, including the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Additionally, the charity's financial statements are missing, which impacts transparency and overall accountability.
While the foundation excels in having a strong board composition and no liabilities, the lack of essential governance documents and financial reporting raises concerns about its operational practices. Addressing these issues could enhance its credibility and improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Loveall Foundation For Children legitimate?
The Loveall Foundation For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Loveall Foundation For Children 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: $12,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Loveall Foundation For Children?
The Loveall Foundation for Children, as a 501(c)(3) public charity, primarily fundraises through an annual golf tournament. The earnings from this event are then utilized to offer charitable aid and enhance the overall living conditions for underprivileged children in northern California. The organization's primary objective is to contribute to the betterment of these children's lives.
Who is the CEO of The Loveall Foundation For Children?
Jacques Loveall is the Director of The Loveall Foundation For Children.
What is the revenue of The Loveall Foundation For Children?
The Loveall Foundation For Children's revenue in 2022 was $629,812.
Who are the executives of The Loveall Foundation For Children and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for The Loveall Foundation For Children?
The Loveall Foundation For Children's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Loveall Foundation For Children
The Loveall Foundation for Children, a 501(c)(3) public charity, is dedicated to making a positive impact on the lives of children in need within northern California. As its primary means of fundraising, the foundation hosts an annual golf tournament. The earnings from this event are channeled towards providing charitable aid and enhancing the overall well-being of these underprivileged children. The foundation's objective is to contribute to improving the quality of life for these children, ensuring they have access to the resources and opportunities they require to thrive.
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Impact
July, 2024
The Loveall Foundation For Children has a significant impact on the lives of children in need throughout northern California. Through its annual golf tournament fundraising activities, the foundation is able to provide charitable assistance and improve the quality of life for these children. Their dedication to philanthropy helps support various programs and initiatives that aim to make a positive difference in the lives of vulnerable youth in the community.
This information is meant to be a general summary of The Loveall Foundation For Children. 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: $75,513
- Gross Receipts: $1,286,628
Assets and Liabilities:
- Total Assets: $4,055,114
- Total Liabilities: $0
- Net Assets: $4,055,114
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Organization Details
Founding Year
1999
Phone
(916) 786-0588Principal Officer
Jacques Loveall
Main Address
4120 Douglas Blvd ste 306, Granite Bay, CA, 95746
NTEE Category
Code: T30 - Philanthropy
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