Overview
What is Liberation Veteran Services Inc?
Liberation Veteran Services Inc is a nonprofit organization committed to supporting homeless veterans. Their primary mission is to offer transitional housing, aiming to provide the necessary care, resources, and stability for these veterans to rebuild their lives. The organization's focus is on securing permanent housing and fostering self-sufficiency for these veterans, currently assisting 38 male veterans within their program.
Official website here: www.lvsrva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Liberation Veteran Services Inc has a commendable overall score of 89%, which reflects a solid performance in accountability and finance. With a high Accountability & Finance score of 90%, the organization demonstrates strong financial management, including 100% independent board member representation and effective oversight through its audit committee. The absence of material diversion of assets further reinforces its fiscal integrity.
In terms of financial ratios, the organization has a program expense ratio of 77.58%, indicating that a significant portion of its funds directly supports its programs. However, challenges are present, as the charity lacks a whistleblower policy and does not have a documented retention and destruction policy, which are areas for improvement in governance practices.
On a positive note, Liberation Veteran Services Inc excels in its culture and community engagement, achieving a perfect score of 100. This suggests a strong commitment to equity strategies and community involvement, reflecting its dedication to serving veterans effectively. Overall, while the charity shows strengths in financial accountability and community impact, addressing its governance policy gaps will enhance its operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Liberation Veteran Services Inc legitimate?
Liberation Veteran Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberation Veteran Services 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: $93,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,967
For more financial information, click here
Official website here: www.lvsrva.org
What is the mission statement of Liberation Veteran Services Inc?
Liberation Veteran Services Inc's mission is centered around assisting homeless veterans. The organization aims to provide them with the necessary care, resources, and stability required to rebuild their lives. Their primary focus is on transitional housing, leading towards permanent housing and self-sufficiency for these veterans. Currently, Liberation Veteran Services is serving 38 male veterans through its program.
Official website here: www.lvsrva.org
Who is the CEO of Liberation Veteran Services Inc?
Alexander J Patrick is the Treasurer of Liberation Veteran Services Inc.
Official website here: www.lvsrva.org
What is the revenue of Liberation Veteran Services Inc?
Liberation Veteran Services Inc's revenue in 2022 was $1,191,376.
Official website here: www.lvsrva.org
Who are the executives of Liberation Veteran Services Inc and what are their salaries?
The average compensation at Liberation Veteran Services Inc during 2022 was $22,277. There are 28 employees at Liberation Veteran Services Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $93,799
- Related: $0
- Other: $0
Official website here: www.lvsrva.org
Where can I find the form 990 for Liberation Veteran Services Inc?
Liberation Veteran Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lvsrva.org
Learn more at the official website: www.lvsrva.org
Mission Statement of Liberation Veteran Services Inc
Liberation Veteran Services, a nonprofit organization, is dedicated to assisting homeless veterans in their quest to rebuild their lives. The mission of this esteemed institution is to provide these veterans with the necessary care, resources, and stability required for their transformation. By focusing on transitional housing, Liberation Veteran Services aims to facilitate permanent housing and self-sufficiency for these veterans, currently serving 38 male individuals in its program. The organization's ultimate goal is to help these veterans overcome their challenges and reintegrate into society, ultimately leading to a more stable and fulfilling life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Liberation Veteran Services Inc offers veterans experiencing homelessness the care, resources, and stability needed to rebuild their lives. Through providing transitional housing, the organization serves 38 male veterans in crisis in Richmond, VA, with a focus on permanent housing and self-sufficiency. This impactful work aims to help homeless veterans regain stability, reintegrate into society, and rebuild their lives with dignity.
This information is meant to be a general summary of Liberation Veteran Services 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: $1,191,376
Assets and Liabilities:
- Total Assets: $1,338,246
- Total Liabilities: $47,587
- Net Assets: $1,290,659
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Phone
(804) 233-4064Principal Officer
Alexander J Patrick
Main Address
1201 HULL STREET, RICHMOND, VA, 23224
Website
www.lvsrva.orgNTEE Category
Code: L41 - Housing
If you are a representative of Liberation Veteran Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.