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The Lokai Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813048936 ✦ Bryn mawr, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Lokai Foundation Inc?

The Lokai Foundation Inc, based in Bryn Mawr, Pennsylvania, is a nonprofit organization dedicated to preserving, protecting, and cleaning up Mount Everest. The foundation aims to combat the environmental issues caused by pollution, debris, and litter left behind by climbers, hikers, and tourists on the mountain. To address this problem, the Lokai Foundation raises funds to hire local residents living near Mount Everest to climb the mountain, collect trash, and bring it down. In addition to their environmental efforts, the foundation also works to educate the public about the importance of keeping Mount Everest clean and the negative effects of littering.

Is The Lokai Foundation Inc legitimate?

The Lokai Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lokai Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of The Lokai Foundation Inc?

The Lokai Foundation's mission is dedicated to preserving, protecting, and cleaning up Mount Everest. They strive to educate the public about the detrimental effects of pollution, debris, and litter left by climbers, hikers, and tourists on the mountain. In an effort to address this issue, the foundation raises funds to employ local residents to climb the mountain, collect trash, and bring it down. Their primary goal is to ensure the conservation of Mount Everest for future generations.

Who is the CEO of The Lokai Foundation Inc?

Unavailable The CEO's salary of The Lokai Foundation Inc is $0 and their total compensation is $0.

What is the revenue of The Lokai Foundation Inc?

The Lokai Foundation Inc's revenue in 2022 was $714.

Who are the executives of The Lokai Foundation Inc and what are their salaries?


Here are 3 key members and their salaries (The Lokai Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Steven Izen (Director And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Izen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Lokai Foundation Inc?

The Lokai Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Lokai Foundation Inc

The Lokai Foundation, a dedicated organization, is committed to preserving, protecting, and maintaining the pristine beauty of Mount Everest. Recognizing the significant impact of pollution, debris, and litter left by climbers, hikers, and tourists on the mountain, the foundation aims to enlighten the public about these destructive effects.

In a unique approach, the Lokai Foundation raises funds to employ local residents living near Mount Everest. These individuals are tasked with the responsibility of climbing the mountain, collecting trash, and transporting it down the mountain, thereby ensuring the conservation of this iconic peak.

In essence, the Lokai Foundation's mission revolves around educating the public about the consequences of littering on Mount Everest and implementing sustainable solutions to address the issue, thereby preserving the mountain's natural splendor for future generations.

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Impact




June, 2024

The Lokai Foundation Inc's impact is focused on preserving, protecting, and cleaning up Mount Everest. By raising funds to support local residents in climbing the mountain and collecting trash left behind by climbers, hikers, and tourists, the foundation actively works towards reducing pollution and debris on the mountain. Additionally, the foundation aims to educate the public about the environmental impacts of littering in such pristine natural areas. Their work not only helps to preserve the beauty of Mount Everest but also contributes to raising awareness about the importance of environmental stewardship.




This information is meant to be a general summary of The Lokai 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.

Revenue
$714 (2022)
Expenses
$6,275 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $714

Assets and Liabilities:

  • Total Assets: $1,830
  • Total Liabilities: $11,121
  • Net Assets: -$9,291

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Organization Details

Main Address

PO BOX 1044, BRYN MAWR, PA, 19010

NTEE Category

Code: C20 - Environment

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