Overview
What is The Art Of Living Well Foundation?
The Art of Living Well Foundation, situated in Redondo Beach, California, serves as a nonprofit organization dedicated to the enrichment and education of senior citizens. Throughout the year, they arrange and facilitate various educational activities, aimed at uplifting and engaging this demographic. By offering these programs, the foundation seeks to enrich the lives of its senior community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Star rating)
The Art Of Living Well Foundation has received a low rating of 57%, indicating significant concerns regarding its accountability and financial practices. This one-star rating is primarily based on a lack of independent board members and missing documentation that reflects transparency and governance. The organization has scored well in program expense ratio, indicating that a substantial portion of its funds is directed towards its programs.
Strengths of the foundation include a good program expense ratio of 73.69%, which suggests that it effectively allocates funds to its mission-driven activities. Additionally, the organization shows no material diversion of assets, which reflects a commitment to financial integrity in that area. However, the absence of independent board members raises questions about governance and oversight, which are critical for maintaining public trust.
On the other hand, the foundation has several shortcomings that need to be addressed. Missing elements such as a whistleblower policy, documentation of board meeting minutes, and a tax form on its website contribute to a lack of transparency. These factors, combined with the absence of independent oversight, could hinder the foundation's ability to build credibility and support within the community. Overall, while the organization demonstrates some positive financial practices, it faces significant challenges in governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is The Art Of Living Well Foundation legitimate?
The Art Of Living Well Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Art Of Living Well Foundation 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
What is the mission statement of The Art Of Living Well Foundation?
The Art of Living Well Foundation's mission is centered around providing enrichment and educational programs designed specifically for senior citizens. The organization strives to offer a variety of activities aimed at uplifting and educating this demographic, as evidenced by the numerous educational and enrichment programs they organized during the year. By providing these resources, the foundation aims to contribute positively to the lives of senior citizens, enhancing their overall well-being and fostering a sense of community.
What is the revenue of The Art Of Living Well Foundation?
The Art Of Living Well Foundation's revenue in 2023 was $11,612.
Who are the executives of The Art Of Living Well Foundation and what are their salaries?
There 3 volunteers at The Art Of Living Well Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Art Of Living Well Foundation?
The Art Of Living Well Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Art Of Living Well Foundation
The Art of Living Well Foundation is dedicated to enriching the lives of senior citizens by providing them with educational programs. Its mission is centered around offering these individuals a wealth of opportunities to learn and grow, aiming to enhance their overall well-being. Throughout the year, the foundation organizes various activities that cater to this purpose, ensuring that senior citizens have access to enriching experiences.
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Impact
October, 2024
The Art Of Living Well Foundation significantly enhances the lives of senior citizens by providing a variety of enrichment and educational programs tailored to their needs. Throughout the year, the foundation organizes and offers several activities aimed at fostering creativity, learning, and social engagement among seniors in Redondo Beach, CA. By focusing on arts and personal enrichment, it creates opportunities for older adults to explore their interests, develop new skills, and connect with their peers, contributing to their overall well-being and quality of life. The foundation’s mission to enrich the lives of seniors through education and creative expression has a profound impact on the community, promoting a vibrant and fulfilling lifestyle for its participants.
This information is meant to be a general summary of The Art Of Living Well Foundation. 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 2023.
- Gross Receipts: $44,035
Assets and Liabilities:
- Total Assets: $672,339
- Total Liabilities: $0
- Net Assets: $672,339
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Organization Details
Founding Year
2015
Principal Officer
Lynn Waters
NTEE Category
Code: A30 - Arts
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