Overview
What is Larcinc?
Larcinc is a nonprofit organization situated in Lafayette, Louisiana, with the address 303 New Hope Road. Their primary mission is to support individuals with developmental disabilities in achieving self-sufficiency, enhancing their quality of life, and fostering self-worth. To accomplish this, they provide vocational training and opportunities for skill development, specifically for approximately 127 adults aged 21 and above. This comprehensive approach equips these individuals with the necessary tools to improve their livelihood and self-esteem. The organization employs a total of 298 individuals, demonstrating its commitment to this noble cause.
Official website here: www.lafayettelarc.org
What are the reviews and ratings of this charity?
**Rating:** 88% (Three-Star out of Four Star Rating) on Charity Navigator
Larcinc has achieved a solid three-star rating based on their strong Accountability & Finance score of 88%. This indicates a commitment to financial integrity and transparency, with a fully independent board and robust financial oversight. Notably, the organization had no material diversion of assets and maintains a high program expense ratio of over 86%, reflecting effective use of funds for its mission.
However, the rating does highlight some areas for improvement concerning governance policies. The organization lacks a whistleblower policy, document retention policy, and has not posted certain required documents on its website. These deficiencies suggest a need for enhanced governance practices to complement its financial accountability.
User reviews from GreatNonprofits are currently unavailable, limiting insights into individual experiences with the organization. Overall, while Larcinc demonstrates strong financial management, addressing governance gaps will be essential for further strengthening its organizational credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Larcinc legitimate?
Larcinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larcinc 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:
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Other Salaries and Wages: $5,328,075
For more financial information, click here
Official website here: www.lafayettelarc.org
What is the mission statement of Larcinc?
Larcinc's mission is centered around supporting individuals with developmental disabilities. Their primary goal is to assist these individuals in achieving self-sufficiency, improving their quality of life, and fostering a sense of self-worth. This mission is executed through various programs, including vocational training and opportunities to develop recreational and motor skills. Approximately 127 adults over the age of 21 with developmental disabilities have benefited from these programs.
Official website here: www.lafayettelarc.org
Who is the CEO of Larcinc?
Brian Hensgens is the Vice Preside of Larcinc.
Official website here: www.lafayettelarc.org
What is the revenue of Larcinc?
Larcinc's revenue in 2022 was $10,711,166.
Official website here: www.lafayettelarc.org
Who are the executives of Larcinc and what are their salaries?
The average compensation at Larcinc during 2022 was $17,879. There are 298 employees and 350 volunteers at Larcinc.
Here are 16 key members and their salaries:
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Official website here: www.lafayettelarc.org
Where can I find the form 990 for Larcinc?
Larcinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafayettelarc.org
Learn more at the official website: www.lafayettelarc.org
Mission Statement of Larcinc
Larcinc, a nonprofit organization, is dedicated to supporting individuals with developmental disabilities in achieving their goals of self-sufficiency, quality of life, and self-worth. The mission of Larcinc is centered around empowering these individuals, helping them to reach their full potential and lead fulfilling lives.
To accomplish this, Larcinc provides various programs and opportunities. One of their key initiatives is a vocational program, designed to offer work training and develop recreational and motor skills for approximately 127 adults with developmental disabilities who are over the age of 21. This program aims to equip these individuals with the necessary skills and confidence to become more self-reliant and improve their overall quality of life. By providing these resources, Larcinc demonstrates its commitment to fostering a sense of self-worth and dignity among the individuals it serves.
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Impact
July, 2024
Larcinc's impact is to support persons with developmental disabilities in reaching their goals of self-sufficiency, quality of life, and self-worth. Through its vocational program, the organization provides work training and opportunities for developing recreation and motor skills to approximately 127 developmentally disabled persons over 21 years old in Lafayette, Louisiana. This initiative directly contributes to enhancing the lives of individuals with disabilities by fostering their independence and self-esteem, ultimately empowering them to lead fulfilling and productive lives.
This information is meant to be a general summary of Larcinc. 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: -$17,052
- Program Service Revenue: $9,014,539
- Gross Receipts: $21,120,144
Assets and Liabilities:
- Total Assets: $12,720,693
- Total Liabilities: $4,080,732
- Net Assets: $8,639,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$9,014,539
Organization Details
Founding Year
1961
Phone
(337) 984-6110Principal Officer
Brian Hensgens
Main Address
303 NEW HOPE ROAD, LAFAYETTE, LA, 70506
Website
www.lafayettelarc.orgNTEE Category
Code: P82Z - Human services
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