Overview
What is Lakewood Seward Park Community?
Lakewood Seward Park Community is a neighborhood organization located in Southeast Seattle, Washington, specifically at 4916 S Angeline Street. Their primary mission is to empower the local community and underserved populations through educational opportunities and scholarships. They operate from a community hall, which serves as a hub for these initiatives. The organization provides resources and support to its members, aiming to enrich their lives and foster growth. The Lakewood Seward Park Community is dedicated to uplifting its community and promoting educational advancement within Southeast Seattle.
Official website here: www.lspcc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Lakewood Seward Park Community has received a One-Star rating from Charity Navigator, indicating significant concerns in terms of accountability and finance. The organization achieved a score of 56%, highlighting weaknesses in board independence, as it has no independent board members. Additionally, essential governance policies, including conflict of interest and whistleblower policies, are missing, which raises questions about its oversight and transparency.
Despite the governance concerns, Lakewood Seward Park Community demonstrates some financial strengths, particularly with a program expense ratio of 90.99%. This suggests that a substantial portion of its funding is directed towards its programs rather than administrative costs. Moreover, the organization does not have any material diversion of assets, indicating that it is managing its resources appropriately.
However, the lack of independent oversight and missing governance policies remain critical limitations. These factors could impact donor trust and the organization's overall accountability. Stakeholders may want to consider these aspects carefully when evaluating their support for the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Seward Park Community legitimate?
Lakewood Seward Park Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Seward Park Community 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: $15,718
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lspcc.org
What is the mission statement of Lakewood Seward Park Community?
The Lakewood Seward Park Community, being a neighborhood organization, has a mission to utilize a community hall and provide educational opportunities and scholarships for its members and underserved populations. Located in Southeast Seattle, this organization is committed to enriching the lives of students through its scholarship program. The primary objective of the Lakewood Seward Park Community is to foster education and empowerment within its community.
Official website here: www.lspcc.org
Who is the CEO of Lakewood Seward Park Community?
Aaron Evanson is the President of Lakewood Seward Park Community.
Official website here: www.lspcc.org
What is the revenue of Lakewood Seward Park Community?
Lakewood Seward Park Community's revenue in 2022 was $79,253.
Official website here: www.lspcc.org
Who are the executives of Lakewood Seward Park Community and what are their salaries?
Here are 9 key members and their salaries:
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- Compensation: $15,718
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Official website here: www.lspcc.org
Where can I find the form 990 for Lakewood Seward Park Community?
Lakewood Seward Park Community's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lspcc.org
Learn more at the official website: www.lspcc.org
Mission Statement of Lakewood Seward Park Community
Lakewood Seward Park Community is a neighborhood organization that serves a mission to provide educational opportunities and scholarships for its local community members and underserved populations. Located in Southeast Seattle, this organization operates with a communal hall, serving as a hub for fostering learning and development within its community. The mission of Lakewood Seward Park Community is to empower individuals by offering educational resources and financial assistance through scholarships, enabling students to enrich their lives and contribute positively to their communities.
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Impact
August, 2024
The Lakewood Seward Park Community has made a significant impact on the Southeast Seattle area by providing educational opportunities and scholarships for community members and the underserved population. Through its scholarship program, the organization has enriched the lives of students in the region, contributing to the overall improvement of the community. Its commitment to empowering individuals through education has helped build a more vibrant and thriving neighborhood in Southeast Seattle.
This information is meant to be a general summary of Lakewood Seward Park Community. 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: $817
- Program Service Revenue: $70,035
- Gross Receipts: $79,253
Assets and Liabilities:
- Total Assets: $316,556
- Total Liabilities: $6,345
- Net Assets: $310,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$70,035
Organization Details
Principal Officer
Aaron Evanson
Main Address
4916 S ANGELINE STREET, SEATTLE, WA, 98118
Website
www.lspcc.orgNTEE Category
Code: S20 - Community improvement
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