Overview
What is M4K Lynchburg Inc?
M4K Lynchburg Inc, a chapter of the national Mustache for Kids organization, is a nonprofit headquartered in Lynchburg, Virginia. Their primary mission is to enhance the lives of local children by raising funds and collaborating with local charities and businesses. This is accomplished through an annual mustache-growing event, in which individuals participate and contribute to the cause. The funds collected are then utilized to support various projects and initiatives aimed at improving the quality of life for children in the community. M4K Lynchburg Inc operates as a dedicated force, leveraging individual efforts and community partnerships to make a significant impact in the lives of local children.
Official website here: www.m4klynchburg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
M4K Lynchburg Inc has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health. The organization scored particularly well in several areas, achieving full marks for its independent board members and the absence of material diversion of assets. This strong governance structure reflects a commitment to transparency and effective oversight.
However, while the organization excels in its financial ratio metrics, including a high program expense ratio of 96.7%, it has limitations in its governance policies. Specifically, M4K Lynchburg is noted for missing essential policies, such as conflict of interest and whistleblower policies, which can be critical for organizational integrity and accountability. These missing elements may raise concerns about the robustness of its governance practices.
In summary, while M4K Lynchburg demonstrates strong financial management and a highly independent board, the lack of certain governance policies highlights areas for improvement. Continued attention to these weaknesses could enhance the organization’s overall accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is M4K Lynchburg Inc legitimate?
M4K Lynchburg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. M4K Lynchburg 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: $0
For more financial information, click here
Official website here: www.m4klynchburg.org
What is the mission statement of M4K Lynchburg Inc?
M4K Lynchburg Inc, being a chapter of the Mustache For Kids national organization, focuses on enhancing the lives of local children. They achieve this by engaging in individual fundraising activities and collaborating with local charities and businesses. The organization's primary mission during a mustache-growing event is to accumulate funds, aiming to enhance the quality of life for these children. Their efforts extend beyond just fundraising, as they also partner with local businesses to amplify their impact.
Official website here: www.m4klynchburg.org
Who is the CEO of M4K Lynchburg Inc?
Christopher M Boswell is the President of M4K Lynchburg Inc.
Official website here: www.m4klynchburg.org
What is the revenue of M4K Lynchburg Inc?
M4K Lynchburg Inc's revenue in 2022 was $474,418.
Official website here: www.m4klynchburg.org
Who are the executives of M4K Lynchburg Inc and what are their salaries?
There 190 volunteers at M4K Lynchburg Inc.
Here are 7 key members and their salaries:
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Official website here: www.m4klynchburg.org
Where can I find the form 990 for M4K Lynchburg Inc?
M4K Lynchburg Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.m4klynchburg.org
Learn more at the official website: www.m4klynchburg.org
Mission Statement of M4K Lynchburg Inc
M4K Lynchburg Inc, a chapter of the national organization Mustache for Kids, is committed to improving the quality of life for local children. Their mission is achieved through two primary methods: individual fundraising and collaborating with local charities and businesses. During a mustache-growing event, they raise funds to make a tangible impact on the lives of these children. By partnering with various organizations and businesses in the community, M4K Lynchburg Inc extends its reach and amplifies its ability to positively impact the lives of local children.
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Impact
July, 2024
M4K Lynchburg Inc's impact can be seen through its efforts to improve the quality of life for local children in Lynchburg, Virginia. Through individual fundraising and partnerships with local charities and businesses, M4K Lynchburg raises money to support initiatives that benefit youth development. By organizing a mustache growing event, the organization brings the community together to raise funds and create a positive impact on the lives of children in the area.
This information is meant to be a general summary of M4K Lynchburg 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.
- Gross Receipts: $527,358
Assets and Liabilities:
- Total Assets: $45,161
- Total Liabilities: $0
- Net Assets: $45,161
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Organization Details
Founding Year
2016
Phone
(434) 426-1813Principal Officer
Christopher M Boswell
Main Address
1611 LANGHORNE RD, LYNCHBURG, VA, 24503
Website
www.m4klynchburg.orgNTEE Category
Code: O12 - Youth development
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