Overview
What is One Larchmont Inc?
One Larchmont Inc is a nonprofit organization based in New York, specifically in the city of Larchmont. Its primary mission is to combat community deterioration by restoring and beautifying the streets and exterior facades of buildings located in the town centers of Larchmont, New York. This involves improving building appearances, such as facades and signage, particularly for buildings that were in disrepair. The organization also provides continued support for businesses affected by the COVID-19 pandemic, including assistance with outdoor dining structures. Additionally, One Larchmont Inc aims to educate the public, architects, and builders about the advantages of restoring and beautifying the streets and facades of buildings in town centers, as part of its secondary purposes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
One Larchmont Inc has received an 80% score from Charity Navigator, which places it in the Three-Star category. This rating is derived solely from its Accountability and Finance metrics, demonstrating a strong commitment to financial transparency and responsible management of resources. The organization showcases a solid governance structure with a fully independent board and a favorable liability-to-assets ratio, indicating robust financial health.
The nonprofit excels in its program expenses, with 97.65% of its funds allocated directly to its programs, reflecting an effective use of resources towards fulfilling its mission. This emphasis on program spending is a strong point for potential donors looking to support an organization that prioritizes its core activities. Additionally, the organization has a well-documented conflict of interest policy and maintains thorough records of board meeting minutes, which further enhances its credibility.
While One Larchmont Inc shows impressive accountability and governance, the summary does not provide information on its overall impact or effectiveness in achieving its mission. This leaves some potential donors seeking more insights into the organization's programmatic outcomes and community engagement. Nonetheless, its strong financial practices make it a commendable choice for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is One Larchmont Inc legitimate?
One Larchmont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Larchmont 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 One Larchmont Inc?
One Larchmont Inc is a corporation formed primarily to combat community deterioration by restoring and beautifying the streets and exterior facades of buildings located in town centers. In addition to this, the corporation also aims to educate the public, architects, and builders on the advantages of restoring and beautifying the streets and facades of buildings in town centers. The mission of One Larchmont Inc is to enhance the aesthetic appeal of urban areas, promote sustainable development, and inspire responsible construction practices.
Who is the CEO of One Larchmont Inc?
Melissa Manice is the President of One Larchmont Inc.
What is the revenue of One Larchmont Inc?
One Larchmont Inc's revenue in 2022 was $125,626.
Who are the executives of One Larchmont Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for One Larchmont Inc?
One Larchmont Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of One Larchmont Inc
One Larchmont Inc, a nonprofit organization, was established with a primary mission to combat community deterioration. This is achieved by restoring and beautifying the streets and exterior facades of buildings located in town centers. The organization's efforts are not limited to physical renovations but also extend to educating the public, architects, and builders about the advantages of such restorations and beautifications. By doing so, One Larchmont Inc aims to promote a more aesthetically pleasing and vibrant environment, contributing to the overall well-being of the community.
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Impact
June, 2024
One Larchmont Inc's impact can be seen in the revitalization and beautification of the streets and exterior facades of buildings in downtown Larchmont, New York. By focusing on building improvements, including restoring facades and signage on previously disrepaired buildings, the organization plays a vital role in combating community deterioration. Additionally, their continued support for businesses affected by COVID-19, such as assisting with outdoor dining structures, contributes to the economic recovery and vibrancy of the local community. Through these initiatives, One Larchmont Inc not only enhances the physical appearance of Larchmont but also fosters a sense of pride and sustainability in the area.
This information is meant to be a general summary of One Larchmont 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: $125,626
Assets and Liabilities:
- Total Assets: $22,669
- Total Liabilities: $0
- Net Assets: $22,669
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Organization Details
Founding Year
2019
Phone
(212) 418-0539Principal Officer
Melissa Manice
Main Address
MLB TAX LLC 1180 6TH AVENUE 865, NEW YORK, NY, 10036
NTEE Category
Code: C11 - Environment
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