Overview
What is Lincoln Holding Company?
Lincoln Holding Company is a company that owns a non-residential building at 709 Davis Street in Santa Rosa, California. This building is utilized by an affiliated exempt organization named Kid Street Learning Center, Inc., serving as a charter school. The primary mission of Lincoln Holding Company is to provide facilities for this affiliated organization at a substantially lower rent. This at-risk children's educational and support services provider targets children and families who are in need. By offering reduced rent, Lincoln Holding Company contributes to the organization's capacity to deliver essential educational and support services to vulnerable children and their families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating reflects a focus on Accountability & Finance, indicating that the organization has met certain standards in these areas but still falls short of higher performance benchmarks.
Lincoln Holding Company demonstrates notable strengths, particularly in governance, with a fully independent board and no material diversion of assets. The organization scores perfectly in several metrics, including program expense ratio and liabilities to assets ratio, suggesting efficient financial management and a commitment to its mission.
However, despite these positive aspects, the overall rating of 73% and the Two-Star designation highlight areas for improvement in the organization’s operations or impact. Stakeholders may want to consider these limitations when evaluating the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln Holding Company legitimate?
Lincoln Holding Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Holding Company 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: $0
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What is the mission statement of Lincoln Holding Company?
Lincoln Holding Company supports an exempt organization by offering reduced rental facilities. This affiliated organization, Kid Street Learning Center, Inc., utilizes these facilities to operate as a charter school, providing educational support services to at-risk children and their families. The mission of Lincoln Holding Company, in essence, is to contribute to the betterment of vulnerable children's education and their families' well-being by offering a suitable environment at cost-effective rates.
Who is the CEO of Lincoln Holding Company?
Ryan Thomas is the President of Lincoln Holding Company.
What is the revenue of Lincoln Holding Company?
Lincoln Holding Company's revenue in 2022 was $63,036.
Who are the executives of Lincoln Holding Company and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lincoln Holding Company?
Lincoln Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lincoln Holding Company
Lincoln Holding Company, in its mission, provides reduced rental facilities to an affiliated exempt organization, specifically Kid Street Learning Center, Inc. This non-profit organization uses the provided building for operating a charter school, offering educational and support services to at-risk children and their families. By offering its facilities at below-market rates, Lincoln Holding Company contributes to the betterment of underprivileged children and their families, aiding in their education and overall well-being. This philanthropic act of the company allows Kid Street Learning Center, Inc. to continue providing essential educational and support services to those who need it most.
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Impact
October, 2024
Lincoln Holding Company significantly contributes to the community by providing essential facilities at reduced rent for organizations focused on supporting at-risk children and their families. Located in Santa Rosa, California, it owns the non-residential building at 709 Davis Street, which is utilized by Kid Street Learning Center, Inc., a charter school dedicated to educational support services.
By offering these facilities below market rent, Lincoln Holding Company enables Kid Street Learning Center to focus its resources on delivering quality education and support programs, fostering a nurturing environment for children in need. This partnership exemplifies the company’s commitment to enhancing educational opportunities and strengthening the support network for vulnerable families in the area. Overall, Lincoln Holding Company plays a vital role in promoting educational equity and community development.
This information is meant to be a general summary of Lincoln Holding Company. 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.
- Program Service Revenue: $63,036
- Gross Receipts: $63,036
Assets and Liabilities:
- Total Assets: $1,229,519
- Total Liabilities: $618,369
- Net Assets: $611,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE RENT
Revenue
$63,036
Organization Details
Founding Year
2003
Phone
(707) 525-9223Principal Officer
Ryan Thomas
Main Address
PO BOX 6784, SANTA ROSA, CA, 95406
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