Overview
What is Lot318?
Lot318 is a nonprofit organization situated in Placentia, California, specifically at 536 Dartmouth Drive. Their primary mission is to empower at-risk youth in two local Placentia communities, fostering a sense of worth and purpose through various events, service opportunities, and community-building experiences. By emphasizing education, Lot318 aims to invest in the future generation, ultimately striving to build a stronger community. The organization has successfully diverted youth away from gang activities and witnessed improved educational performances in the local area. Lot318's strategic locations in high-risk communities, such as Lot318-Cypress Street and Lot318-Gomez Center, have enabled them to make a substantial impact in these neighborhoods. By fostering a spirit of service, Lot318 inspires its members to make a difference in their community, ultimately aiming to create positive influences and forces within society.
Official website here: www.lot318.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating. This rating indicates that while Lot318 demonstrates some solid organizational qualities, there are significant areas needing improvement, particularly in transparency and governance practices.
One notable strength of Lot318 is its 100% independent board members, which reflects a commitment to unbiased oversight. Additionally, the organization has a strong program expense ratio of 69.06%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs. The lack of liabilities also indicates a stable financial position.
However, critical shortcomings are evident in the absence of essential policies such as the conflict of interest and whistleblower policies, as well as missing financial statements on their website. These deficiencies impact the overall accountability and transparency of the organization, which is crucial for donor trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Lot318 legitimate?
Lot318 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lot318 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
For more financial information, click here
Official website here: www.lot318.com
What is the mission statement of Lot318?
Lot318, inspired by the phrase "Loving Others in Truth," aims to empower at-risk youth in two Placentia communities. The organization encourages these individuals to recognize their worth and purpose in the world through various events, service opportunities, and community-building experiences. Lot318 challenges everyone to serve others in their community and make a difference among their peers. Valuing education highly, the organization's vision is to invest in a child, change a generation, and build a community. Its goal is to provide opportunities that these neighborhoods may not have had, enabling the Lot318 communities to become positive influences and forces in the world, appreciating the resources available to them.
Official website here: www.lot318.com
Who is the CEO of Lot318?
Leticia Gali is the Board Member of Lot318. The CEO's salary of Lot318 is $0 and their total compensation is $0.
Official website here: www.lot318.com
What is the revenue of Lot318?
Lot318's revenue in 2022 was $702,363.
Official website here: www.lot318.com
Who are the executives of Lot318 and what are their salaries?
There are 3 employees and 200 volunteers at Lot318.
Here are 8 key members and their salaries (Lot318's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.lot318.com
Where can I find the form 990 for Lot318?
Lot318's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lot318.com
Learn more at the official website: www.lot318.com
Mission Statement of Lot318
Lot318, an organization inspired by the phrase "Loving Others in Truth," aims to empower at-risk youth in two Placentia communities. Their mission is to encourage these young individuals to recognize their worth and purpose in the world. They accomplish this through various events, service opportunities, and community-building experiences. Lot318 challenges everyone to serve their community and make a positive impact among their peers.
Education is of significant importance to Lot318. Their vision is to invest in a child, change a generation, and build a community. They strive to provide opportunities that these neighborhoods may never have had, so that the Lot318 communities come to value the resources available to them. By doing so, these communities will become positive influences and forces in the world, embodying the philosophy of "Loving Others in Truth." Lot318's goal is to love others in truth by empowering at-risk youth, fostering a sense of purpose, and promoting community development.
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Impact
July, 2024
Lot318's impact can be seen in the significant decrease in gang activity in the city of Placentia since its involvement. The organization has successfully enticed at-risk youth away from gang activity and provided them with positive, productive, and constructive programs. Many students who participate in Lot318's programs are excelling in school and individually, demonstrating the positive influence the organization has had on their lives. Additionally, by strategically locating its resources in high-risk communities, such as La Jolla and Placentia, Lot318 has been able to bridge the gap between societies and cultures, fostering a sense of community and empowerment among residents. Through events like Thanksgiving Day celebrations, street fairs, and sports tournaments, Lot318 is actively building relationships and creating opportunities for positive change within the neighborhoods it serves. With a focus on education, empowerment, and community building, Lot318 is not only changing the lives of individuals but also working to change the future of these communities for the better.
This information is meant to be a general summary of Lot318. 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: $883
- Program Service Revenue: $12,623
- Gross Receipts: $702,363
Assets and Liabilities:
- Total Assets: $766,101
- Total Liabilities: $0
- Net Assets: $766,101
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YARD SALE
Revenue
$12,623
Organization Details
Founding Year
2011
Phone
(714) 993-9411Principal Officer
Leticia Gali
Main Address
536 DARTMOUTH DRIVE, PLACENTIA, CA, 92870
Website
www.lot318.comNTEE Category
Code: X99 - Religion related
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