Overview
What is Leo's Lighthouse Foundation Inc?
Leo's Lighthouse Foundation Inc, located in Sleepy Hollow, New York, is a dedicated nonprofit organization with a mission to discover an effective therapy and ultimately cure Bainbridge-Ropers Syndrome (BRS). By donating funds, the foundation aims to contribute to vital research in this field, providing hope and potential solutions for those affected by this syndrome. The organization's efforts and commitment are focused on finding a breakthrough that will improve the quality of life for individuals diagnosed with BRS.
Official website here: www.leoslighthouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Leo's Lighthouse Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization demonstrates strong governance with an entirely independent board and a solid program expense ratio of 82.37%, suggesting that a significant portion of its budget is directed towards its programs. The absence of material diversion of assets further supports its financial integrity.
However, there are notable areas for improvement, particularly in governance policies. The foundation lacks several critical policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which could enhance its transparency and accountability. Furthermore, the absence of its tax form on the nonprofit's website may hinder potential donors from accessing essential financial information.
Overall, while Leo's Lighthouse Foundation Inc shows strength in financial management and governance structure, addressing its policy gaps would greatly enhance its credibility and reliability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Leo's Lighthouse Foundation Inc legitimate?
Leo's Lighthouse Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leo's Lighthouse 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
Official website here: www.leoslighthouse.org
What is the mission statement of Leo's Lighthouse Foundation Inc?
Leo's Lighthouse Foundation Inc is committed to finding an effective therapy and, ultimately, a cure for Bainbridge-Ropers Syndrome (BRS). This non-profit organization aims to allocate donated funds towards research and development efforts to achieve this goal. The foundation's mission is centered around improving the lives of individuals affected by BRS by advancing medical knowledge and treatments in this field. Through dedicated research and fundraising activities, Leo's Lighthouse Foundation Inc strives to bring hope and potential solutions to families and individuals affected by BRS.
Official website here: www.leoslighthouse.org
Who is the CEO of Leo's Lighthouse Foundation Inc?
Scott Morrison is the Chairman & Treasury of Leo's Lighthouse Foundation Inc.
Official website here: www.leoslighthouse.org
What is the revenue of Leo's Lighthouse Foundation Inc?
Leo's Lighthouse Foundation Inc's revenue in 2022 was $10,595.
Official website here: www.leoslighthouse.org
Who are the executives of Leo's Lighthouse Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.leoslighthouse.org
Where can I find the form 990 for Leo's Lighthouse Foundation Inc?
Leo's Lighthouse Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leoslighthouse.org
Learn more at the official website: www.leoslighthouse.org
Mission Statement of Leo's Lighthouse Foundation Inc
Leo's Lighthouse Foundation Inc is committed to pursuing an effective therapy, and ultimately a cure, for Bainbridge-Ropers Syndrome (BRS). This nonprofit organization aims to make significant strides in addressing this specific condition, dedicating its resources to research and discovery in this field. By donating funds to Leo's Lighthouse Foundation Inc, supporters contribute to efforts to unlock the secrets of BRS, with the ultimate goal of finding a cure that can transform the lives of those affected by this syndrome.
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Impact
August, 2024
Leo's Lighthouse Foundation Inc is dedicated to finding an effective therapy and ultimately a cure for Bainbridge-Ropers Syndrome (BRS). By donating funds and raising awareness for this rare disease, the foundation is making a significant impact in the medical field. Through their mission, they are providing hope and support to individuals and families affected by BRS, ultimately striving to improve the lives of those facing this challenging condition.
This information is meant to be a general summary of Leo's Lighthouse 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $10,595
Assets and Liabilities:
- Total Assets: $73,706
- Total Liabilities: $0
- Net Assets: $73,706
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Organization Details
Founding Year
2018
Phone
(646) 490-2931Principal Officer
Scott Morrison
Main Address
3 MANOR CLOSE, SLEEPY HOLLOW, NY, 10591
Website
www.leoslighthouse.orgNTEE Category
Code: G20 - Disease
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