Overview
What is Local Heart Foundation?
The Local Heart Foundation, situated in Lake Charles, Louisiana (205 West College Street), is a dedicated nonprofit organization. Its primary mission is to support individuals facing financial hardships while undergoing treatment for heart-related conditions. The foundation is committed to fostering a community-driven approach and does not discriminate based on race, creed, ancestry, marital status, gender, sexual orientation, age, physical disability, veteran's status, political affiliation, color, religion, or national origin. The Local Heart Foundation offers assistance in alleviating financial burdens during treatment, ensuring equitable access to healthcare for all.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Local Heart Foundation has received a Three-Star rating from Charity Navigator, indicating that it has a solid accountability and finance score of 77%. This score is derived entirely from its Accountability & Finance beacon, reflecting the organization's commitment to financial transparency and responsible governance. The foundation has a strong independent board, with all members being independent and a favorable liabilities to assets ratio of 0.00%.
Strengths of the organization include a high program expense ratio, with 99.46% of funds being directed towards its programs, demonstrating effective use of resources for its mission. The charity has also established a conflict of interest policy and has shown no material diversion of assets, which are positive indicators of its operational integrity. However, it is noted that the foundation lacks a whistleblower policy and does not provide documentation of board meeting minutes, which could be areas for improvement in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Local Heart Foundation legitimate?
Local Heart Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local Heart 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Local Heart Foundation?
The Local Heart Foundation's mission is centered around collaborating with the community to alleviate the financial burdens faced by individuals undergoing treatment for heart-related conditions. The foundation is committed to fostering an inclusive environment, as it does not discriminate based on factors such as race, creed, ancestry, marital status, gender, sexual orientation, age, physical disability, veteran's status, political affiliation, color, religion, or national origin.
Who is the CEO of Local Heart Foundation?
Dr Corey Foster is the President & Ceo of Local Heart Foundation. The CEO's salary of Local Heart Foundation is $0 and their total compensation is $0.
What is the revenue of Local Heart Foundation?
Local Heart Foundation's revenue in 2022 was $40,457.
Who are the executives of Local Heart Foundation and what are their salaries?
Here are 6 key members and their salaries (Local Heart Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
Where can I find the form 990 for Local Heart Foundation?
Local Heart Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local Heart Foundation
The Local Heart Foundation, a non-discriminatory organization, is committed to partnering with the community to aid individuals facing financial challenges during their treatment for heart-related conditions. This mission is inclusive, extending its support to individuals regardless of their race, creed, ancestry, marital status, gender, sexual orientation, age, physical disability, veteran's status, political affiliation, color, religion, or national origin. The foundation's role is to alleviate the financial burden that often accompanies heart treatment, thereby ensuring that everyone has access to the necessary care.
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Impact
August, 2024
Local Heart Foundation's impact is significant in Lake Charles, LA. They partner with the community to assist individuals facing financial burdens while undergoing treatment for heart-related conditions. By providing this support, they help ensure that individuals in need can access the care they require without the added stress of financial worries. Additionally, the foundation's commitment to non-discrimination ensures that their assistance is available to all, regardless of race, creed, ancestry, marital status, gender, sexual orientation, age, physical disability, veteran's status, political affiliation, color, religion, or national origin. This inclusive approach amplifies their impact and contributes to a healthier and more equitable community for all.
This information is meant to be a general summary of Local Heart 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 2022.
- Gross Receipts: $42,722
Assets and Liabilities:
- Total Assets: $559,343
- Total Liabilities: $0
- Net Assets: $559,343
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Organization Details
Phone
(337) 477-2827Principal Officer
Dr Corey Foster
Main Address
205 WEST COLLEGE ST, LAKE CHARLES, LA, 70605
NTEE Category
Code: G43 - Disease
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