Overview
What is Beautify Loretto Inc?
Beautify Loretto Inc is a nonprofit organization based in Loretto, Kentucky, dedicated to improving the city's visual appeal and enhancing the lives of its residents. They achieve this by executing clean-up and beautification programs, while also nurturing initiatives that promote urban aesthetics and support family life. Their mission extends further, endeavoring to promote economic development and cultivate community pride within the city.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Beautify Loretto Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting a commitment to accountability and finance. The rating is based solely on their Accountability & Finance beacon, indicating that the organization has successfully met critical financial standards. This score is significant as it demonstrates a strong level of financial health and responsible management of resources.
The organization boasts a fully independent board, with 100% of its board members being independent, which is a positive indicator of governance practices. They also have a robust financial management structure, highlighted by a perfect score in the material diversion of assets and a low liabilities-to-assets ratio. Additionally, their high program expense ratio of 94.46% suggests that a significant portion of their funds is directly invested in their programs, further affirming their dedication to their mission.
While the nonprofit's financial practices are commendable, the single focus on the Accountability & Finance beacon means that other aspects such as program effectiveness and community impact are not evaluated in this rating. As a result, potential donors may wish to consider additional factors outside of the financial metrics when assessing the overall impact of Beautify Loretto Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Beautify Loretto Inc legitimate?
Beautify Loretto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beautify Loretto 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
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What is the mission statement of Beautify Loretto Inc?
Beautify Loretto Inc's mission is geared towards improving the overall appearance of a city, enriching the lives of its residents in the process. The organization pursues initiatives that promote urban beautification, while also supporting endeavors that strengthen family life, stimulate economic development, and foster community pride. Specifically, they execute clean-up and beautification programs and strive to encourage initiatives that enhance visual appeal.
Who is the CEO of Beautify Loretto Inc?
Diane Mattingly is the President of Beautify Loretto Inc.
What is the revenue of Beautify Loretto Inc?
Beautify Loretto Inc's revenue in 2022 was $228,081.
Who are the executives of Beautify Loretto Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Beautify Loretto Inc?
Beautify Loretto Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beautify Loretto Inc
Beautify Loretto Inc, a nonprofit organization, is on a mission to improve the aesthetic appeal of a city, enriching the lives of its residents in the process. Their primary goal is to develop and carry out initiatives that promote beautification, while also supporting endeavors that enrich family life, foster economic development, and strengthen community pride.
In practice, Beautify Loretto Inc executes this mission through various clean-up and beautification programs. These efforts are aimed at enhancing the visual appeal of the city, creating a more welcoming and vibrant environment for its residents.
Moreover, Beautify Loretto Inc extends beyond mere aesthetic improvements. They strive to encourage initiatives that not only beautify the city but also support family life and community pride. This holistic approach reflects their commitment to enhancing the overall quality of life for the city's inhabitants.
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Impact
June, 2024
Beautify Loretto Inc positively impacts Loretto, Kentucky by enhancing its visual appeal and enriching the lives of its residents. Through clean-up and beautification programs, the organization is dedicated to promoting urban aesthetics, supporting family life, and fostering community pride. Its initiatives aim to elevate the city's appearance, contribute to economic development, and strengthen the sense of belonging among its inhabitants. By actively engaging in beautification efforts, Beautify Loretto Inc plays a vital role in creating a more attractive and vibrant environment for all who call Loretto home.
This information is meant to be a general summary of Beautify Loretto 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.
- Investment Income: $38
- Gross Receipts: $228,081
Assets and Liabilities:
- Total Assets: $915,711
- Total Liabilities: $0
- Net Assets: $915,711
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Organization Details
Founding Year
2018
Phone
(502) 741-6245Principal Officer
Diane Mattingly
Main Address
418 DEER LAKE ROAD, ELIZABETHTOWN, KY, 42701
NTEE Category
Code: C50 - Environment
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