Overview
What is Foundation For The Fuse Network - Licco?
Foundation for the Fuse Network - Licco is a nonprofit organization situated in Newark, Ohio. Its primary mission is to provide financial assistance to The Fuse Network, an organization that offers community-based support to individuals with developmental disabilities. This support empowers these individuals to reach their full potential by facilitating employment opportunities, social interactions, and recreational activities. By doing so, the Foundation for the Fuse Network - Licco contributes to enhancing the lives and capabilities of those with developmental disabilities, enabling them to lead more fulfilling lives within their communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Foundation For The Fuse Network - Licco has received an overall score of 84%, indicating a solid performance in accountability and finance. This rating is primarily derived from their strong governance structure, which includes a board composed entirely of independent members. The charity has also successfully established comprehensive policies for conflict of interest, whistleblower protection, and document retention, all contributing positively to their transparency.
The organization has demonstrated effective management of its financial resources, as evidenced by a perfect ratio of liabilities to assets at 0.00%. However, while the program expense ratio shows that 62.25% of their expenditures are directed toward programs, this score reflects a potential area for growth in maximizing program spending. Enhancing this aspect could further improve their overall evaluation in future assessments.
In summary, Foundation For The Fuse Network - Licco is managing its operations effectively, with robust accountability measures in place. The organization is advised to focus on increasing its programmatic spending to strengthen its impact while maintaining its strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For The Fuse Network - Licco legitimate?
Foundation For The Fuse Network - Licco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Fuse Network - Licco 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
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What is the mission statement of Foundation For The Fuse Network - Licco?
The Foundation For The Fuse Network - Licco's primary mission is to provide financial support to The Fuse Network, an organization that offers community-based assistance to individuals with developmental disabilities. This support aims to empower them to reach their full potential by providing opportunities for employment, social interaction, and recreational activities. The Foundation's role is instrumental in enabling The Fuse Network to fulfill its mission, thereby positively impacting the lives of individuals with developmental disabilities.
Who is the CEO of Foundation For The Fuse Network - Licco?
Mary Thompson-Hufford is the President of Foundation For The Fuse Network - Licco.
What is the revenue of Foundation For The Fuse Network - Licco?
Foundation For The Fuse Network - Licco's revenue in 2022 was $65,850.
Who are the executives of Foundation For The Fuse Network - Licco and what are their salaries?
There 5 volunteers at Foundation For The Fuse Network - Licco.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Foundation For The Fuse Network - Licco?
Foundation For The Fuse Network - Licco's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For The Fuse Network - Licco
The Foundation for the Fuse Network-Licco is committed to supporting the Fuse Network, an organization that provides community-based assistance to individuals with developmental disabilities. This support is aimed at empowering these individuals to reach their full potential, enabling them to participate in employment, social, and recreational opportunities. By providing financial backing, the Foundation for the Fuse Network-Licco plays a crucial role in enabling the Fuse Network to fulfill its mission of fostering independence and inclusion for individuals with developmental disabilities. Through its support, the Fuse Network can offer a wide range of services that help individuals with developmental disabilities lead fulfilling lives, contributing to their communities and realizing their aspirations.
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Impact
October, 2024
Foundation For The Fuse Network - Licco significantly impacts the lives of individuals with developmental disabilities by providing vital financial support to the Fuse Network. This organization plays a crucial role in empowering these individuals to achieve their full potential through access to community-based services. By focusing on employment opportunities, social integration, and recreational activities, the foundation helps foster independence and enriches the quality of life for those it serves. The initiative not only facilitates personal growth and self-sufficiency but also promotes inclusiveness within the community, enabling individuals with developmental disabilities to engage fully in society.
This information is meant to be a general summary of Foundation For The Fuse Network - Licco. 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: $65,850
- Gross Receipts: $65,850
Assets and Liabilities:
- Total Assets: $2,389,744
- Total Liabilities: $0
- Net Assets: $2,389,744
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Organization Details
Founding Year
2017
Phone
(740) 522-8345Principal Officer
Mary Thompson-Hufford
Main Address
PO BOX 4008, NEWARK, OH, 43058
NTEE Category
Code: P20 - Human services
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