Overview
What is Live Oak Place Llc?
Live Oak Place LLC is a nonprofit organization situated in Columbia, South Carolina. Their primary objective is to offer affordable housing solutions to families who are at risk, assisting them in transitioning from temporary housing to self-sufficiency. Through their initiatives, they aim to bridge the gap between transitional housing and independent living, providing a much-needed support system for vulnerable families. The organization's activities and mission are centered around this goal, ensuring that they make a tangible impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Live Oak Place LLC has received a commendable score of 77%, indicating a reasonable level of accountability and financial health. The rating is based exclusively on the Accountability & Finance beacon, where the organization has demonstrated strengths in various metrics, including a fully independent board and robust financial oversight. They have successfully implemented policies for conflict of interest, whistleblower protections, and document retention, showcasing a commitment to governance.
However, some limitations impact their overall score. Notably, the organization failed to provide board meeting minutes and did not post their tax form on their website, which affected their transparency rating. Furthermore, their liabilities to assets ratio raised concerns, scoring poorly in this area despite a high program expense ratio that indicates effective allocation of funds towards their mission.
Overall, while Live Oak Place LLC shows promise in financial management and governance, there are areas for improvement, particularly in transparency and financial disclosure, that could enhance their rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Live Oak Place Llc legitimate?
Live Oak Place Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live Oak Place Llc 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 Live Oak Place Llc?
Live Oak Place LLC, as an organization, is dedicated to providing affordable housing solutions for at-risk families. Their mission is to assist these families in transitioning from temporary housing to living independently. By offering affordable housing, Live Oak Place LLC aims to help bridge this gap, thereby empowering families to build a stable future for themselves. The organization's work is centered around supporting vulnerable families, providing them with the necessary resources to overcome challenges and achieve self-sufficiency.
Who is the CEO of Live Oak Place Llc?
Lila Anna Sauls is the Executive Dir. of Live Oak Place Llc.
What is the revenue of Live Oak Place Llc?
Live Oak Place Llc's revenue in 2022 was $661,627.
Who are the executives of Live Oak Place Llc and what are their salaries?
There 7 volunteers at Live Oak Place Llc.
Here are 7 key members and their salaries:
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- Related: $142,274
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $0
- Other: $0
Where can I find the form 990 for Live Oak Place Llc?
Live Oak Place Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Live Oak Place Llc
Live Oak Place LLC, as a nonprofit organization, is committed to providing affordable housing solutions to families who are at risk. Its mission is to help these families transition from transitional housing to independent living. By offering affordable housing options, Live Oak Place LLC bridges the gap that these families often face, enabling them to establish a stable living environment and ultimately achieve self-reliance. The organization's mission is rooted in the belief that every family deserves a safe and secure place to call home, and it strives to make this a reality for those who require assistance.
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Impact
July, 2024
Live Oak Place LLC's impact lies in its provision of affordable housing to at-risk families in Columbia, SC. By offering a bridge from transitional housing to independent living, Live Oak Place LLC plays a crucial role in supporting these families in achieving stability and self-sufficiency. Through its mission to provide affordable housing, Live Oak Place LLC contributes to addressing homelessness and housing insecurity within the community, ultimately improving the lives of those in need.
This information is meant to be a general summary of Live Oak Place Llc. 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.
- Program Service Revenue: $185,662
- Gross Receipts: $661,627
Assets and Liabilities:
- Total Assets: $4,370,092
- Total Liabilities: $3,541,415
- Net Assets: $828,677
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental and Program Income
Revenue
$185,662
Organization Details
Founding Year
2018
Phone
(803) 256-3999Principal Officer
Lila Anna Sauls
Main Address
2411 Two Notch Road, Columbia, SC, 29204
NTEE Category
Code: L21 - Housing
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