Overview
What is The Lowry Foundation?
The Lowry Foundation, located at 293 Roslyn Street, Denver, CO 80230, is a small nonprofit organization with a mission to preserve the legacy of the Lowry Air Force Base and strengthen the surrounding community. One of their primary activities is the maintenance of the Historic Eisenhower Chapel, serving as a community meeting place and event center, available for rent for occasions like weddings. The foundation, consisting of three employees, is committed to upholding the heritage of the Lowry Air Force Base and fostering a sense of unity within the Lowry community.
Official website here: www.lowryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (57%)
The Lowry Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. While the organization excels in maintaining an independent board, with 100% of its members being independent, it faces major challenges in financial ratios, particularly with a program expense ratio of only 39.61%, which suggests that a smaller portion of its budget is directed toward its programs and services.
Strengths for The Lowry Foundation include a strong governance structure, with no material diversion of assets and well-documented policies such as conflict of interest and whistleblower policies. These aspects suggest a commitment to transparency and ethical management. However, the charity's lack of a posted tax form on its website and an unfavorable liabilities-to-assets ratio of 0.11% raise questions about its financial health and accessibility of information to the public.
Overall, while The Lowry Foundation demonstrates solid governance practices, its financial metrics reveal vulnerabilities that could impact its effectiveness and sustainability in fulfilling its mission. Potential donors and stakeholders should consider these factors when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is The Lowry Foundation legitimate?
The Lowry Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lowry Foundation 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
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Other Salaries and Wages: $73,509
For more financial information, click here
Official website here: www.lowryfoundation.org
What is the mission statement of The Lowry Foundation?
The Lowry Foundation's mission is centered around preserving the legacy of the Lowry Air Force Base and enhancing the community associated with it. In pursuit of this goal, the foundation focuses on maintaining the historic Eisenhower Chapel, transforming it into a community gathering place and event center. The chapel is open for rental, serving as a venue for weddings and various events, thereby contributing to the social fabric of the community.
Official website here: www.lowryfoundation.org
Who is the CEO of The Lowry Foundation?
Evan Lasky is the Treasurer of The Lowry Foundation.
Official website here: www.lowryfoundation.org
What is the revenue of The Lowry Foundation?
The Lowry Foundation's revenue in 2022 was $1,193,424.
Official website here: www.lowryfoundation.org
Who are the executives of The Lowry Foundation and what are their salaries?
The average compensation at The Lowry Foundation during 2022 was $24,503. There are 3 employees and 100 volunteers at The Lowry Foundation.
Here are 12 key members and their salaries:
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Official website here: www.lowryfoundation.org
Where can I find the form 990 for The Lowry Foundation?
The Lowry Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lowryfoundation.org
Learn more at the official website: www.lowryfoundation.org
Mission Statement of The Lowry Foundation
The Lowry Foundation, a dedicated organization, is committed to preserving the legacy of the Lowry Air Force Base and enhancing the community that surrounds it. Central to their mission is the maintenance of the historic Eisenhower Chapel, situated at the heart of Lowry. This chapel serves as a vital meeting place and event center for the community. The chapel is open for rentals, catering to various events such as weddings, furthering the foundation's goal of bringing the community together.
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Impact
July, 2024
The Lowry Foundation's impact is significant in preserving the legacy of the Lowry Air Force Base and strengthening the community of Lowry. By maintaining the historic Eisenhower Chapel as a central meeting place and event center for the community, The Lowry Foundation provides a valuable space for gatherings, events, and weddings. This contributes to the community's cohesion and cultural heritage, fostering a sense of belonging and connection among residents. The foundation's work underscores the importance of historical preservation and community engagement, making a positive impact on the local community in Denver, Colorado.
This information is meant to be a general summary of The Lowry 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $137,477
- Program Service Revenue: $28,039
- Gross Receipts: $1,193,424
Assets and Liabilities:
- Total Assets: $3,306,648
- Total Liabilities: $3,520
- Net Assets: $3,303,128
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHAPEL RENTAL REVENUE
Revenue
$28,039
Organization Details
Founding Year
1998
Phone
(303) 344-0184Principal Officer
Evan Lasky
Main Address
293 ROSLYN ST, DENVER, CO, 80230
Website
www.lowryfoundation.orgNTEE Category
Code: S31 - Community improvement
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