Overview
What is Ronald Mcdonald House Charities Of South Louisiana Inc?
Ronald Mcdonald House Charities of South Louisiana Inc, based in New Orleans, Louisiana, serves as a compassionate haven for seriously ill children and their families. The nonprofit organization's mission is to provide a comfortable and caring environment away from home, supporting these families during challenging times. With a dedicated workforce of 18 individuals, the charity offers a home-like atmosphere to help families stay close to their children during medical treatment, offering them much-needed comfort and care.
Official website here: www.rmhc-sla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating on Charity Navigator.
Ronald McDonald House Charities of South Louisiana Inc has received an overall score of 86%, which reflects a strong performance in various operational aspects. The organization boasts a perfect score of 100 in Leadership & Adaptability, indicating robust governance and effective management. Additionally, the board is entirely independent, contributing to high accountability and transparency in operations.
The charity's Impact & Measurement score of 86 suggests that it effectively measures its outcomes and uses these insights to inform future programming and funding strategies. However, there are areas for improvement, notably a lower Program Expense Ratio of 51.47%, which indicates that slightly more than half of its expenses are dedicated to program services. This suggests that a significant portion of funding may be directed towards administrative and fundraising costs.
The fundraising efficiency ratio of $0.26 shows that the organization raises 26 cents for each dollar spent on fundraising, which is an acceptable standard but could be optimized. Overall, while Ronald McDonald House Charities of South Louisiana performs well in governance and impact measurement, enhancing program spending and fundraising efficiency could further strengthen its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Ronald Mcdonald House Charities Of South Louisiana Inc legitimate?
Ronald Mcdonald House Charities Of South Louisiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ronald Mcdonald House Charities Of South Louisiana 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $463,905
For more financial information, click here
Official website here: www.rmhc-sla.org
What is the mission statement of Ronald Mcdonald House Charities Of South Louisiana Inc?
The mission of Ronald Mcdonald House Charities of South Louisiana Inc is focused on providing a comfortable and caring environment for seriously ill children and their families. The organization strives to be the best 'home away from home' for these families, offering them comfort and care during challenging times. Their goal is to support these families in the best way possible, ensuring they have a reliable source of assistance during their child's treatment.
Official website here: www.rmhc-sla.org
Who is the CEO of Ronald Mcdonald House Charities Of South Louisiana Inc?
J Michael Flynn Iii is the Secretary of Ronald Mcdonald House Charities Of South Louisiana Inc.
Official website here: www.rmhc-sla.org
What is the revenue of Ronald Mcdonald House Charities Of South Louisiana Inc?
Ronald Mcdonald House Charities Of South Louisiana Inc's revenue in 2022 was $3,286,473.
Official website here: www.rmhc-sla.org
Who are the executives of Ronald Mcdonald House Charities Of South Louisiana Inc and what are their salaries?
The average compensation at Ronald Mcdonald House Charities Of South Louisiana Inc during 2022 was $25,772. There are 18 employees at Ronald Mcdonald House Charities Of South Louisiana Inc.
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Official website here: www.rmhc-sla.org
Where can I find the form 990 for Ronald Mcdonald House Charities Of South Louisiana Inc?
Ronald Mcdonald House Charities Of South Louisiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmhc-sla.org
Learn more at the official website: www.rmhc-sla.org
Mission Statement of Ronald Mcdonald House Charities Of South Louisiana Inc
Ronald McDonald House Charities of South Louisiana Inc is dedicated to providing a superior home-away-from-home for seriously ill children and their families, serving as a beacon of comfort and care during challenging times. This nonprofit organization's mission is to create an environment where families can find solace, support, and resources during their child's medical journey. They aim to be more than just a place to stay; they strive to be a source of comfort, care, and hope for these families during their most difficult times. By offering a home-like atmosphere, Ronald McDonald House Charities of South Louisiana Inc enables families to focus on their child's recovery, rather than the logistical challenges of being away from home.
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Impact
June, 2024
Ronald McDonald House Charities Of South Louisiana Inc provides a crucial service by offering a home away from home and source of comfort and care for seriously ill children and their families in New Orleans, LA. By providing this support, they alleviate the burden on families facing difficult medical journeys, allowing them to focus on their child's health and well-being. Their impact extends beyond physical care, addressing the mental health and emotional needs of families during challenging times. This organization plays a vital role in supporting families through some of the toughest moments of their lives, demonstrating a commitment to creating a caring and supportive community for those in need.
This information is meant to be a general summary of Ronald Mcdonald House Charities Of South Louisiana 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.
- Investment Income: $714,137
- Program Service Revenue: $3,980
- Gross Receipts: $6,753,845
Assets and Liabilities:
- Total Assets: $13,058,660
- Total Liabilities: $2,635,055
- Net Assets: $10,423,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSE OPERATIONS
Revenue
$3,980
Organization Details
Founding Year
1978
Phone
(504) 486-6668Principal Officer
J Michael Flynn Iii
Main Address
210 STATE STREET BUILDING 4, NEW ORLEANS, LA, 70118
Website
www.rmhc-sla.orgNTEE Category
Code: F99Z - Mental health
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