Overview
What is Lutheran Social Services Of Colorado?
Lutheran Social Services of Colorado, also known as Lutheran Family Services Rocky Mountains, is a Denver-based nonprofit organization with a workforce of 237 dedicated individuals. Rooted in values of kindness, dignity, and social justice, the organization strengthens communities by providing essential support, guidance, and resource coordination to individuals and families throughout the Rocky Mountain region. In the area of foster care, they served 176 children and youth in licensed foster homes across Colorado in 2022, accepting referrals from all 64 counties and facilitating 10 adoptions. They also offered care for 71 unaccompanied refugee minors (URM) who were separated from their families due to war or civil unrest. Their high-quality case management and enhanced support for foster families are designed to keep children and families stable, reducing disruptions during their time in foster care.
Official website here: www.lfsco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% - Four-Star out of Four Star rating
Lutheran Social Services of Colorado has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. With an impressive Accountability & Finance score of 94, the organization demonstrates effective governance, including a fully independent board and robust auditing practices. Its program expense ratio of 87.68% indicates a significant portion of funds is directed towards its programs, enhancing its reputation among donors.
The organization also showcases a commendable commitment to equity and community, with a Culture & Community score of 83. It reports implementing six equity practices aimed at fostering inclusivity and addressing disparities. This focus on equity suggests a proactive approach in its operations, aligning with modern nonprofit standards for social responsibility.
However, the organization received a lower score in its liabilities to assets ratio, at 58.15%, which may indicate potential concerns regarding financial stability. While the majority of its financial practices are sound, continued attention to maintaining a balance between assets and liabilities will be important for sustaining its operations and services in the long term. Overall, Lutheran Social Services of Colorado appears to be a well-managed organization with a mission-centered focus.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Social Services Of Colorado legitimate?
Lutheran Social Services Of Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Social Services Of Colorado 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: $504,247
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,230,964
For more financial information, click here
Official website here: www.lfsco.org
What is the mission statement of Lutheran Social Services Of Colorado?
Lutheran Social Services of Colorado (LFSRM) is a non-profit organization rooted in the values of kindness, dignity, and social justice. It strengthens communities by offering support, guidance, and resource coordination to individuals and families throughout various regions. LFSRM's mission is to make a positive impact through providing essential services, particularly in the area of foster care. In 2022, LFS served 176 children and youth in licensed foster homes, accepting referrals from various counties and providing quality case management. LFS also cared for 71 unaccompanied refugee minors and facilitated ten adoptions from foster care. By focusing on keeping children and families stable and reducing disruptions, LFS is able to make a significant difference in the lives of vulnerable children.
Official website here: www.lfsco.org
Who is the CEO of Lutheran Social Services Of Colorado?
James Horan is the Board Chair of Lutheran Social Services Of Colorado. The CEO's salary of Lutheran Social Services Of Colorado is $152,875 and their total compensation is $158,717.
Official website here: www.lfsco.org
What is the revenue of Lutheran Social Services Of Colorado?
Lutheran Social Services Of Colorado's revenue in 2022 was $24,812,316.
Official website here: www.lfsco.org
Who are the executives of Lutheran Social Services Of Colorado and what are their salaries?
The average compensation at Lutheran Social Services Of Colorado during 2022 was $36,857. There are 237 employees and 4000 volunteers at Lutheran Social Services Of Colorado.
Here are 17 key members and their salaries (Lutheran Social Services Of Colorado's CEO's salary is $152,875 and their total compensation is $158,717):
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- Compensation: $152,875
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- Compensation: $133,426
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- Other: $5,369
Official website here: www.lfsco.org
Where can I find the form 990 for Lutheran Social Services Of Colorado?
Lutheran Social Services Of Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lfsco.org
Learn more at the official website: www.lfsco.org
Mission Statement of Lutheran Social Services Of Colorado
Lutheran Social Services of Colorado (LFSRM) is a compassionate organization, deeply rooted in values of kindness, dignity, and social justice. This nonprofit strengthens communities throughout the Rocky Mountain region by providing essential support, guidance, and resource coordination to individuals and families in need.
In the realm of child welfare, LFSRM makes a significant impact through its Foster Care Services. During fiscal year 2022, the organization served 176 children and youth in licensed foster homes across the Front Range and Eastern Plains of Colorado. LFSRM collaborates with all 64 counties in Colorado that retain custody of children, as well as accepting placements of unaccompanied refugee minors (URM) referred through the U.S. State Department, Office of Refugee Resettlement. In the same year, LFS cared for 71 URM children and youth who had been separated from their families due to war or civil unrest. LFS Foster Care Services boast high-quality case management for all children in care and provide enhanced support for foster families, ensuring a stable environment for vulnerable children and reducing disruptions during their time in foster care. Furthermore, LFS facilitated ten adoptions from foster care during the year.
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Impact
October, 2024
Lutheran Social Services of Colorado (LSS) creates a significant impact on the communities it serves by prioritizing kindness, dignity, and social justice. Their comprehensive approach to social services strengthens families and individuals across the Rocky Mountain region.
In the realm of foster care, LSS has successfully supported 176 children and youth in licensed foster homes throughout the Front Range and Eastern Plains of Colorado. They accept referrals from all 64 counties in the state, extending their care to unaccompanied refugee minors referred through the U.S. State Department. In the last fiscal year, LSS provided essential care for 71 unaccompanied refugee minors who faced separation from their families due to conflict or civil unrest. Their dedication to high-quality case management and support for foster families minimizes disruptions in the lives of vulnerable children, fostering a nurturing environment that promotes stability.
LSS not only focuses on immediate care but also emphasizes long-term solutions by facilitating adoptions from foster care, successfully completing 10 adoptions during the year. By addressing both the needs of children in crisis and the families who support them, LSS plays a critical role in building resilient communities and improving the overall well-being of those they serve.
This information is meant to be a general summary of Lutheran Social Services Of Colorado. 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: $3,794
- Program Service Revenue: $19,299,141
- Gross Receipts: $24,889,460
Assets and Liabilities:
- Total Assets: $7,162,135
- Total Liabilities: $1,770,690
- Net Assets: $5,391,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CONTRACTS
Revenue
$18,840,971
PROGRAM SERVICE
Revenue
$458,170
Organization Details
Founding Year
1948
Phone
(303) 922-3433Principal Officer
James Horan
Main Address
363 S HARLAN STREET 200, DENVER, CO, 80226
Website
www.lfsco.orgNTEE Category
Code: P40 - Human services
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