Overview
What is Lapsi Foundation Inc?
Lapsi Foundation Inc, based in Covina, California, is a nonprofit organization that primarily focuses on collecting funds for future charitable investments both in the United States and internationally. Their mission revolves around pursuing and investing in various charitable ventures, aiming to make a positive impact globally. The foundation does not specify the nature of these charitable activities, but their commitment to contributing to causes beyond their domestic borders is evident.
Is Lapsi Foundation Inc legitimate?
Lapsi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lapsi Foundation 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
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What is the mission statement of Lapsi Foundation Inc?
Lapsi Foundation Inc's mission is centered around investing in charitable activities both within the United States and internationally. The organization seeks to allocate donations received for future initiatives in this field. Their primary objective is to contribute positively to various charitable causes, demonstrating a commitment to making a difference on a global scale. While the specific activities and projects they undertake are not specified, the foundation's purpose is clear: to utilize resources for charitable pursuits, benefiting communities in various parts of the world.
Who is the CEO of Lapsi Foundation Inc?
Arvind Lapsiwala is the President of Lapsi Foundation Inc.
What is the revenue of Lapsi Foundation Inc?
Lapsi Foundation Inc's revenue in 2022 was $167,785.
Who are the executives of Lapsi Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lapsi Foundation Inc?
Lapsi Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lapsi Foundation Inc
Lapsi Foundation Inc, as per its mission, is dedicated to pursuing and investing in charitable activities both in the United States and abroad. The organization's primary goal is to channel donations towards initiatives that contribute positively to various communities, both domestically and internationally. By investing in these charitable activities, Lapsi Foundation Inc aims to make a significant impact in the lives of those in need, promoting a sense of community and social responsibility.
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Impact
October, 2024
Lapsi Foundation Inc actively engages in various charitable activities both domestically and internationally. By receiving donations, the organization is able to invest in projects that support communities in need. This focus on philanthropy enables Lapsi Foundation Inc to address social issues, promote development, and enhance the well-being of individuals and communities across different regions. Their commitment to meaningful charitable initiatives highlights their role in fostering positive change and making a lasting impact on society.
This information is meant to be a general summary of Lapsi Foundation 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: $7,785
- Gross Receipts: $167,785
Assets and Liabilities:
- Total Assets: $621,298
- Total Liabilities: $0
- Net Assets: $621,298
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Organization Details
Founding Year
2016
Phone
(626) 331-9494Principal Officer
Arvind Lapsiwala
Main Address
554 E SAN BERNARDINO RD, COVINA, CA, 91723
NTEE Category
Code: T31 - Philanthropy
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