Overview
What is Lydias Place Inc?
Lydias Place Inc, based in Watkinsville, Georgia, is a nonprofit organization that offers assistance to young adults aged 17 to 24 who have undergone foster care or homelessness. Their mission is to demonstrate God's love by providing essential living necessities, such as food, clothing, household items, transportation, tuition, counseling, and medical bills. This support aims to alleviate the participants' concerns during this critical stage of their lives, enabling them to concentrate on their personal development and journey towards becoming independent and successful adults. The organization also promotes this growth by offering resources and guidance, thereby contributing positively to their overall well-being.
Official website here: www.lydias-place.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Lydia's Place Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 85%. This rating highlights the organization's strong performance in accountability and finance, achieving an impressive score of 93% in this area. The nonprofit boasts an independent board with a majority of members, demonstrating good governance practices and financial transparency.
Strengths include a high program expense ratio of 78.68%, indicating that a significant portion of resources is directed toward fulfilling its mission. The organization also demonstrates excellent practices in feedback collection and usage, both rated at 100%, which suggests it actively engages stakeholders to enhance its programs. Additionally, there are no reported material diversions of assets, further strengthening its financial credibility.
However, there are noted limitations regarding the absence of certain policies, including conflict of interest and whistleblower policies. These missing elements could represent areas for improvement in governance practices. Overall, Lydia's Place Inc shows a commitment to accountability and effective community engagement, though addressing these policy gaps could enhance its organizational integrity further.
This AI summary has been generated from information found on Charity Navigator.
Is Lydias Place Inc legitimate?
Lydias Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lydias Place 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:
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Other Salaries and Wages: $52,234
For more financial information, click here
Official website here: www.lydias-place.com
What is the mission statement of Lydias Place Inc?
Lydia's Place Inc, demonstrating God's love, provides essential living necessities to young adults aged 17 to 24 who have experienced foster care or homelessness. The organization's mission goes beyond just offering basic needs; it also encourages the growth of these individuals towards self-sufficiency and independence. Through assistance with food, clothing, household items, transportation, tuition, counseling, and medical bills, Lydia's Place aids students during this critical transition period in their lives. This support allows them to concentrate on personal development and progress towards becoming successful, independent adults.
Official website here: www.lydias-place.com
Who is the CEO of Lydias Place Inc?
Jessica Roberts is the President of Lydias Place Inc.
Official website here: www.lydias-place.com
What is the revenue of Lydias Place Inc?
Lydias Place Inc's revenue in 2022 was $458,171.
Official website here: www.lydias-place.com
Who are the executives of Lydias Place Inc and what are their salaries?
There 150 volunteers at Lydias Place Inc.
Here are 13 key members and their salaries:
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Official website here: www.lydias-place.com
Where can I find the form 990 for Lydias Place Inc?
Lydias Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lydias-place.com
Learn more at the official website: www.lydias-place.com
Mission Statement of Lydias Place Inc
Lydia's Place Inc, a nonprofit organization, demonstrates God's love by providing essential living necessities to young adults aged 17 to 24 who have experienced foster care or homelessness. The organization's mission is not just about providing basic needs such as food, clothing, and household items, but it also aims to promote the growth of these individuals towards independence. By offering assistance with transportation, tuition, counseling, and medical bills, Lydia's Place allows its program participants to focus on their personal development and growth during this critical period of their lives, ultimately helping them become independent and successful adults.
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Impact
July, 2024
Lydias Place Inc's impact is evident in its direct provision of basic living needs to young adults aged 17 to 24 who have experienced foster care or homelessness. By offering assistance with food, clothing, household items, transportation, tuition, counseling, and medical bills, Lydias Place enables program participants to focus on personal development and growth towards independence. Through its mission, this organization in Watkinsville, GA, actively demonstrates love and support for vulnerable individuals, helping them transition into successful and independent adults.
This information is meant to be a general summary of Lydias Place 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: $46
- Program Service Revenue: $6,400
- Gross Receipts: $509,683
Assets and Liabilities:
- Total Assets: $318,771
- Total Liabilities: $1,157
- Net Assets: $317,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REIMBURSEMENT
Revenue
$6,400
Organization Details
Founding Year
2017
Phone
(678) 389-9875Principal Officer
Jessica Roberts
Main Address
565 JERRY SMITH DR 1, WATKINSVILLE, GA, 30677
Website
www.lydias-place.comNTEE Category
Code: P70 - Human services
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