Overview
What is Lha Foundation?
Lha Foundation, based in Baton Rouge, Louisiana, serves as a crucial intermediary between various government agencies and hospitals within the state. Their primary purpose is to manage HHS grants, as well as other grants and contracts, with a specific focus on emergency preparedness. By facilitating collaboration between these entities, Lha Foundation plays a significant role in enhancing emergency response capabilities in Louisiana. The organization, with a workforce of seven dedicated individuals, is committed to this mission.
Official website here: www.lha-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Lha Foundation has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating indicates that the organization effectively manages its finances and maintains transparency, which is essential for building trust with donors and stakeholders. The overall score is based solely on the accountability and finance beacon, where the foundation achieved a score of 96%.
The foundation demonstrates a commitment to transparency with an independent board comprising 88% independent members. It also has robust policies in place, including a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Financially, Lha Foundation shows a solid program expense ratio of 93.72%, indicating that a significant portion of its expenditures is directed towards its programs.
One notable strength is its low liabilities to assets ratio of 12.40%, suggesting a strong financial position. However, while the data highlights numerous strengths, it is important for potential donors to consider ongoing engagement and updates from the organization to ensure continued trust and accountability in future endeavors.
This AI summary has been generated from information found on Charity Navigator.
Is Lha Foundation legitimate?
Lha Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lha Foundation 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: $538,421
For more financial information, click here
Official website here: www.lha-foundation.org
What is the mission statement of Lha Foundation?
The Lha Foundation's primary purpose is to manage grants and contracts, including those funded by the Department of Health and Human Services (HHS). One of their significant projects involves facilitating emergency preparedness efforts between various government agencies and hospitals within the state. This collaboration aims to enhance the overall readiness for emergencies. The foundation's main mission is centered around administering grants and contracts, serving as a vital link in ensuring effective emergency preparedness measures.
Official website here: www.lha-foundation.org
Who is the CEO of Lha Foundation?
Paul A Salles is the Trustee of Lha Foundation.
Official website here: www.lha-foundation.org
What is the revenue of Lha Foundation?
Lha Foundation's revenue in 2022 was $1,743,830.
Official website here: www.lha-foundation.org
Who are the executives of Lha Foundation and what are their salaries?
The average compensation at Lha Foundation during 2022 was $76,917. There are 7 employees at Lha Foundation.
Here are 9 key members and their salaries:
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- Related: $663,147
- Other: $59,696
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Official website here: www.lha-foundation.org
Where can I find the form 990 for Lha Foundation?
Lha Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lha-foundation.org
Learn more at the official website: www.lha-foundation.org
Mission Statement of Lha Foundation
The Lha Foundation's primary mission revolves around managing grants and contracts, notably those provided by the Department of Health and Human Services (HHS). This nonprofit organization is dedicated to facilitating collaboration between various government agencies and hospitals within its state, particularly in the context of emergency preparedness. By administering these grants, the Lha Foundation plays a crucial role in strengthening the response to emergencies and enhancing overall preparedness within the healthcare sector.
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Impact
July, 2024
Lha Foundation's impact is primarily focused on administering grants related to emergency preparedness, with a specific emphasis on facilitating coordination between government agencies and hospitals in Louisiana. Through these efforts, the foundation plays a vital role in enhancing the state's readiness to respond to health emergencies and crises, ultimately contributing to the overall health and safety of the community.
This information is meant to be a general summary of Lha Foundation. 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: $7,397
- Gross Receipts: $1,743,830
Assets and Liabilities:
- Total Assets: $1,755,362
- Total Liabilities: $217,836
- Net Assets: $1,537,526
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Organization Details
Founding Year
1968
Phone
(225) 928-0026Principal Officer
Paul A Salles
Main Address
9521 BROOKLINE AVENUE, BATON ROUGE, LA, 70809
Website
www.lha-foundation.orgNTEE Category
Code: E00P - Health
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