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Lyle Rakers Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831218542 ✦ Maryland heights, MO ✦ Designated as a 501(c)(3)

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Overview

What is Lyle Rakers Charitable Foundation?

Lyle Rakers Charitable Foundation is a nonprofit organization with a focused mission. Their primary objective is to gather funds and distribute these resources to organizations that are dedicated to exploring the complexities of neurodegenerative diseases, such as ALS and dementias. Their ultimate goal is to foster the development of innovative, efficient, and secure treatment methods for these debilitating conditions.

Is Lyle Rakers Charitable Foundation legitimate?

Lyle Rakers Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyle Rakers Charitable Foundation submitted a form 990EZ, 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.

What is the mission statement of Lyle Rakers Charitable Foundation?

The Lyle Rakers Charitable Foundation's mission is centered around raising funds and distributing the proceeds to organizations that focus on investigating neurodegenerative diseases, such as ALS and dementias. Their primary objective is to contribute to the development of new, efficient, and secure treatments for these debilitating conditions. The foundation's efforts aim to advance medical understanding and provide hope for those affected by these diseases.

Who is the CEO of Lyle Rakers Charitable Foundation?

James Rable is the President of Lyle Rakers Charitable Foundation.

What is the revenue of Lyle Rakers Charitable Foundation?

Lyle Rakers Charitable Foundation's revenue in 2022 was $133,652.

Who are the executives of Lyle Rakers Charitable Foundation and what are their salaries?


Here are 3 key members and their salaries:


James Rable (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dinah Weston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Rakers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lyle Rakers Charitable Foundation?

Lyle Rakers Charitable Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lyle Rakers Charitable Foundation

The Lyle Rakers Charitable Foundation is committed to a mission that involves raising funds and distributing the proceeds to organizations dedicated to investigating neurodegenerative diseases, such as ALS and dementias. Their primary objective is to foster research and development efforts aimed at discovering novel, efficient, and safe treatment methods for these debilitating conditions. By supporting these organizations, the foundation aims to contribute significantly to the fight against these diseases and improve the lives of those affected.

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Impact




October, 2024

The Lyle Rakers Charitable Foundation plays a significant role in advancing research and understanding of neurodegenerative diseases, including ALS and various forms of dementia. By raising funds and directing these resources to dedicated organizations, the foundation fosters initiatives that aim to develop new, effective, and safe treatments. This impact extends beyond immediate financial support, as it contributes to a broader awareness of these devastating conditions and drives scientific inquiry essential for breakthroughs in the medical field. Through its efforts in Maryland Heights, MO, the foundation is committed to enhancing the quality of life for those affected by neurodegenerative diseases, ultimately working towards a future where effective treatments are accessible to those in need.




This information is meant to be a general summary of Lyle Rakers Charitable 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.

Revenue
$133,652 (2022)
Expenses
$128,806 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $173,249

Assets and Liabilities:

  • Total Assets: $157,401
  • Total Liabilities: $0
  • Net Assets: $157,401

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Organization Details

Principal Officer

James Rable

Main Address

PO BOX 2091, MARYLAND HEIGHTS, MO, 63043

NTEE Category

Code: H12 - Medical research

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