Overview
What is Friends Of Residential Treasuresla?
Friends of Residential Treasuresla is a nonprofit organization situated in Los Angeles, California, specifically at 12400 Wilshire Blvd STE 1140. Their primary mission is to foster stronger civic identity and community cohesion among the residents of Los Angeles County. They achieve this by promoting scholarship and broader exploration of architecturally significant homes. In the past year, they have added 12 new trails and open house experiences, completed a 3-year strategic planning process, and planned for a successful in-person fundraiser. They also oversee multiple fellowship projects. With a small team of one employee, Friends of Residential Treasuresla plays an essential role in preserving and celebrating the architectural heritage of Los Angeles County.
Official website here: www.fortla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Friends Of Residential Treasuresla has received a Three-Star rating from Charity Navigator, indicating a solid performance in several key areas. The organization excels particularly in its accountability and finance metrics, with a score of 76, and demonstrates strong community engagement as reflected in its exceptional Culture & Community score of 90. Notably, the charity boasts a fully independent board, with all 13 members contributing to effective governance.
The nonprofit shows commendable financial health with a low liabilities-to-assets ratio of 5.87% and an impressive program expense ratio of 72.38%, reinforcing its commitment to utilizing resources effectively for its mission. Feedback mechanisms are robust, receiving perfect scores in constituent feedback, collection, and usage, which showcases the organization’s dedication to listening to and acting on stakeholder insights.
However, there are some areas for improvement, particularly regarding governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy suggests potential vulnerabilities in oversight practices. Despite these limitations, the overall strengths indicate a responsible organization focused on its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Residential Treasuresla legitimate?
Friends Of Residential Treasuresla is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Residential Treasuresla 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: $35,000
Professional Fundraising Fees: $4,906
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fortla.org
What is the mission statement of Friends Of Residential Treasuresla?
The mission of Friends Of Residential Treasuresla is to foster a stronger sense of civic identity and community cohesion among residents, particularly in Los Angeles County. They achieve this by promoting scholarship and wider exploration of architecturally significant homes. This initiative aims to enrich the community's understanding of its architectural heritage, thereby fostering a sense of pride and connection among its residents. Friends Of Residential Treasuresla has been active in this mission, publishing additional trails and open house experiences, completing a strategic planning process, planning for successful in-person fundraisers, and overseeing multiple fellowship projects.
Official website here: www.fortla.org
Who is the CEO of Friends Of Residential Treasuresla?
Russell Brown is the Board Chair of Friends Of Residential Treasuresla.
Official website here: www.fortla.org
What is the revenue of Friends Of Residential Treasuresla?
Friends Of Residential Treasuresla's revenue in 2022 was $127,345.
Official website here: www.fortla.org
Who are the executives of Friends Of Residential Treasuresla and what are their salaries?
The average compensation at Friends Of Residential Treasuresla during 2022 was $35,000. There is 1 employee at Friends Of Residential Treasuresla.
Here are 10 key members and their salaries:
- Compensation: $35,000
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- Other: $0
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- Other: $0
Official website here: www.fortla.org
Where can I find the form 990 for Friends Of Residential Treasuresla?
Friends Of Residential Treasuresla's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fortla.org
Learn more at the official website: www.fortla.org
Mission Statement of Friends Of Residential Treasuresla
Friends of Residential Treasuresla, a nonprofit organization, aims to foster a stronger sense of civic identity and community cohesion among the residents of Los Angeles County. They accomplish this by advocating for scholarly exploration and wider appreciation of architecturally significant homes in the area. By promoting these homes, Friends of Residential Treasuresla seeks to engage and connect individuals within their community, fostering a shared sense of pride and appreciation for their collective history and heritage.
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Impact
October, 2024
Friends Of Residential Treasuresla has made a significant impact by fostering a stronger civic identity and enhancing community cohesion among the residents of Los Angeles County. Through initiatives aimed at advancing scholarship and exploring architecturally significant homes, the organization has published an additional 12 trails and organized 12 open house experiences, allowing residents and visitors to engage with the rich architectural heritage of the region.
The completion of a three-year strategic planning process has further strengthened its mission, leading to the successful organization of in-person fundraising events and ongoing oversight of various fellowship projects. By promoting awareness and appreciation of local architecture, Friends Of Residential Treasuresla not only connects individuals with their community's history but also cultivates a sense of pride and belonging among residents, thereby enriching the social fabric of Los Angeles County.
This information is meant to be a general summary of Friends Of Residential Treasuresla. 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: $127,345
Assets and Liabilities:
- Total Assets: $21,792
- Total Liabilities: $1,053
- Net Assets: $20,739
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Organization Details
Founding Year
2018
Phone
(310) 738-7957Principal Officer
Russell Brown
Main Address
12400 WILSHIRE BLVD STE 1140, LOS ANGELES, CA, 90025
Website
www.fortla.orgNTEE Category
Code: S20 - Community improvement
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