Ettie Lee Foundation Inc

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

EIN: 822492808 ✦ Simi valley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ettie Lee Foundation Inc?

Ettie Lee Foundation Inc is a nonprofit organization that dedicates its resources to providing financial aid to Ettie Lee Homes Inc and other charitable organizations with similar objectives. Its primary mission is to offer financial support, contributing to their respective causes and initiatives. The foundation's programs primarily revolve around charitable giving, aiming to make a positive impact in various communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars

The Ettie Lee Foundation Inc has received a score of 50%, reflecting significant concerns regarding its governance and financial accountability. The organization has a complete lack of independent board members and has not established key policies, such as a conflict of interest policy or a whistleblower policy, which are crucial for transparency and accountability. Additionally, the absence of information on their website and missing documents further contribute to their low rating.

Despite these governance issues, the foundation demonstrates a strong commitment to its program expenses, achieving a 100% program expense ratio. This indicates that all its financial resources are directed towards its mission, which is commendable. However, the lack of essential governance practices undermines the trust that potential donors and stakeholders might have in the organization.

Overall, while the Ettie Lee Foundation Inc is effectively utilizing its funds for its programs, the absence of vital accountability measures raises red flags. Prospective supporters should consider these factors carefully when evaluating their contributions to the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Ettie Lee Foundation Inc legitimate?

Ettie Lee Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ettie Lee Foundation 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ettie Lee Foundation Inc?

The Ettie Lee Foundation's mission is centered around providing financial aid to organizations, sharing its goals with Ettie Lee Homes Inc. specifically, and those with similar charitable objectives. This foundation is committed to offering monetary support, contributing to their respective causes.

Who is the CEO of Ettie Lee Foundation Inc?

Ronald J Bateman is the President of Ettie Lee Foundation Inc.

What is the revenue of Ettie Lee Foundation Inc?

Ettie Lee Foundation Inc's revenue in 2022 was $70,162.

Who are the executives of Ettie Lee Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Ronald J Bateman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Barlow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James J Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ettie Lee Foundation Inc?

Ettie Lee Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ettie Lee Foundation Inc

The Ettie Lee Foundation, as outlined in its mission, is dedicated to offering financial assistance to Ettie Lee Homes Inc and other non-profit organizations that share its objectives. The primary role of this foundation is to provide monetary support, channeling resources towards organizations that align with its purpose. By doing so, the Ettie Lee Foundation aims to contribute positively to the broader non-profit sector, supporting initiatives that share its commitment to charitable giving.

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Impact




August, 2024

The Ettie Lee Foundation Inc's impact is significant in providing crucial financial support to Ettie Lee Homes Inc and other non-profit organizations with similar goals. Through its charitable giving programs, the foundation plays a vital role in supporting the mission and objectives of these organizations, ultimately helping to improve the lives of individuals and communities in need. This philanthropic effort in SIMI VALLEY, CA, contributes to creating a positive and lasting impact on society.




This information is meant to be a general summary of Ettie Lee 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
$70,162 (2022)
Expenses
$77,255 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $70,162
  • Gross Receipts: $70,162

Assets and Liabilities:

  • Total Assets: $2,018,695
  • Total Liabilities: $0
  • Net Assets: $2,018,695

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Organization Details

Founding Year

2017

Principal Officer

Ronald J Bateman

Main Address

1720 E LOS ANGELES AVENUE SUITE 231, SIMI VALLEY, CA, 93065

NTEE Category

Code: T30 - Philanthropy

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