Overview
What is Louisiana National Guard Foundation?
The Louisiana National Guard Foundation is a nonprofit organization located at 6400 St. Claude Avenue, New Orleans, LA. Its primary mission is to support and serve the Louisiana Military Department, specifically its educational, military enhancement, and training initiatives. To achieves this, they have embarked on a Solar Resiliency Project, aiming to provide power to the Louisiana Military Department during times of natural or man-made disasters. Beyond this project, the foundation is also dedicated to exclusively supporting the educational programs and museums of the Louisiana National Guard, as well as its members, veterans, and their families.
Official website here: www.langfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Louisiana National Guard Foundation has achieved a high rating of 94%, indicating strong performance in accountability and finance. The organization demonstrates a commitment to transparency with 100% of its board members being independent, a solid audit performance, and no recorded material diversion of assets. Its program expense ratio of 95.25% reflects a robust focus on mission-related activities, enhancing its credibility among donors.
Despite its strengths, there are areas for improvement, notably the absence of a whistleblower policy, which may raise concerns regarding governance and accountability. The foundation's culture and community engagement score is 73, which suggests room for growth in fostering inclusiveness and expanding outreach efforts. Additionally, equity strategies also received a score of 73 out of 100, indicating that while the organization is making strides, it could further enhance its initiatives to promote equity and diversity within its programs and operations.
Overall, the Louisiana National Guard Foundation exhibits a strong financial and operational framework, making it a reliable choice for potential donors. However, addressing the noted policy gaps and enhancing community engagement can further strengthen its impact and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana National Guard Foundation legitimate?
Louisiana National Guard Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana National Guard 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: $95,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.langfoundation.org
What is the mission statement of Louisiana National Guard Foundation?
The Louisiana National Guard Foundation's mission is centered around supporting the educational programs and museums affiliated with the Louisiana National Guard. This organization is dedicated to aiding in the military enhancement and training mission of the Louisiana Department of Military. Beyond this, the foundation extends its support to the Louisiana National Guard, its members, veterans, and their families. In times of natural or man-made disasters, the Solar Resilience Project, another initiative by the foundation, provides power to the Louisiana Military Department.
Official website here: www.langfoundation.org
Who is the CEO of Louisiana National Guard Foundation?
Michael Niclosi is the Immediate Past Chairman of Louisiana National Guard Foundation.
Official website here: www.langfoundation.org
What is the revenue of Louisiana National Guard Foundation?
Louisiana National Guard Foundation's revenue in 2023 was $6,290,327.
Official website here: www.langfoundation.org
Who are the executives of Louisiana National Guard Foundation and what are their salaries?
There 500 volunteers at Louisiana National Guard Foundation.
Here are 9 key members and their salaries:
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- Compensation: $95,292
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- Other: $10,201
Official website here: www.langfoundation.org
Where can I find the form 990 for Louisiana National Guard Foundation?
Louisiana National Guard Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.langfoundation.org
Learn more at the official website: www.langfoundation.org
Mission Statement of Louisiana National Guard Foundation
The Louisiana National Guard Foundation serves a crucial role in supporting the educational programs and museums of the Louisiana National Guard. Its mission is exclusively focused on enhancing the Louisiana National Guard's mission, its members, veterans, and their families. The foundation aims to provide power to the Louisiana Military Department during times of natural or man-made disasters through the Solar Resilience Project. This initiative ensures the Louisiana National Guard remains operational even in the face of adversity. The Louisiana National Guard Foundation's commitment to the Louisiana National Guard and its associated community members is evident in its dedication to supporting their educational endeavors and preparedness for potential crises.
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Impact
July, 2024
The Louisiana National Guard Foundation's impact lies in its dedicated support for the educational programs and museums of the Louisiana National Guard, as well as the enhancement of its military mission, its members, veterans, and their families. One significant project of the foundation is the Solar Resiliency Project, which aims to provide power to the Louisiana Military Department during times of natural or man-made disasters. Through these efforts, the foundation plays a crucial role in strengthening the resilience and capabilities of the Louisiana National Guard to serve the state and its citizens in times of need.
This information is meant to be a general summary of Louisiana National Guard 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.
- Investment Income: $48,190
- Program Service Revenue: $1,392,203
- Gross Receipts: $6,321,975
Assets and Liabilities:
- Total Assets: $5,991,008
- Total Liabilities: $134,745
- Net Assets: $5,856,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BILLETING
Revenue
$643,025
RAIL CAR STORAGE
Revenue
$434,214
LEASE REVENUE
Revenue
$76,204
FILM LOCATION FEES
Revenue
$76,014
CEA - CELL TOWER LEASE
Revenue
$67,039
Organization Details
Founding Year
2016
Phone
(504) 278-8776Principal Officer
Michael Niclosi
Main Address
6400 ST CLAUDE AVE, NEW ORLEANS, LA, 701171456
Website
www.langfoundation.orgNTEE Category
Code: W30 - Public benefit
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