Overview
What is Lobaki Foundation?
The Lobaki Foundation is a nonprofit organization situated in Jackson, Mississippi, committed to making a significant impact. Their mission is to revolutionize lives, industries, and realities through the use of immersive technologies, such as virtual reality. Their primary goal is to educate children from lower-income regions, empowering underprivileged children to expand their knowledge. Moreover, the foundation strives to raise awareness of the XR (extended reality) opportunities available in these communities. The Lobaki Foundation's initiatives aim to bridge the gap in technology access and knowledge for children in need.
Is Lobaki Foundation legitimate?
Lobaki Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lobaki 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
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What is the mission statement of Lobaki Foundation?
The Lobaki Foundation's mission is centered around leveraging virtual reality technologies to educate children in economically disadvantaged areas of the country. Their objective is to provide underprivileged children with the opportunity to enhance their knowledge. Furthermore, the foundation aims to raise awareness about the potential of extended reality (XR) in these regions. Although currently inactive in 2022, the Lobaki Foundation continues to hold a vision of utilizing immersive technologies to contribute positively to education and knowledge advancement.
Who is the CEO of Lobaki Foundation?
Kevin Loud is the Board Member of Lobaki Foundation. The CEO's salary of Lobaki Foundation is $0 and their total compensation is $0.
What is the revenue of Lobaki Foundation?
Lobaki Foundation's revenue in 2022 was $0.
Who are the executives of Lobaki Foundation and what are their salaries?
Here are 4 key members and their salaries (Lobaki Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $67,250
- Other: $0
- Compensation: $0
- Related: $43,443
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lobaki Foundation?
Lobaki Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lobaki Foundation
The Lobaki Foundation, with a vision to transform lives and realities, utilizes immersive technologies, particularly virtual reality, to serve a noble purpose. Their primary mission is to educate children residing in lower income regions of the country. By leveraging virtual reality technology, the foundation strives to help underprivileged children advance their knowledge and understanding. Furthermore, Lobaki Foundation aims to raise awareness of the opportunities that extend beyond these regions in the realm of Extended Reality (XR). Their mission is to bridge the gap and provide equal access to these opportunities for children in less privileged areas.
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Impact
October, 2024
The Lobaki Foundation has a significant impact on communities, particularly in lower-income regions. By harnessing immersive technologies like virtual reality, it is transforming educational experiences for underprivileged children. This approach enhances their understanding and engagement in learning, providing access to knowledge that might otherwise be out of reach.
Furthermore, the foundation raises awareness about the potential of extended reality (XR) opportunities within these communities, encouraging aspirations and fostering interest in technology-driven fields. The Lobaki Foundation's initiatives not only empower individual learners but also aim to uplift entire industries and reshape realities for generations to come. Through its focused efforts, it paves the way for a more equitable educational landscape, ultimately contributing to the development and betterment of society as a whole.
This information is meant to be a general summary of Lobaki 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.
Assets and Liabilities:
- Total Assets: $5,403
- Total Liabilities: $12,130
- Net Assets: -$6,727
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Organization Details
Founding Year
2017
Phone
(602) 380-1400Principal Officer
Kevin Loud
Main Address
736 SOUTH PRESIDENT ST 106, JACKSON, MS, 39201
NTEE Category
Code: B02 - Education
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