Overview
What is The Full Life Foundation?
The Full Life Foundation is a nonprofit organization situated in Albuquerque, New Mexico, specifically at 10501 Lagrima De Oro Rd NE Apt 361. Their primary mission is to offer financial aid to low-income seniors residing at La Vida Llena Lifecare Retirement Community, helping them cover their monthly service fees. In 2022, they provided this assistance to a total of three seniors. The Full Life Foundation's goal is to contribute positively to the lives of these elderly individuals, ensuring they have access to the necessary resources in their retirement home.
Official website here: www.lavidallena.com/about/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
The Full Life Foundation has a rating of 57%, which qualifies it for a One-Star out of Four Star rating from Charity Navigator. This score reflects significant concerns regarding its financial practices and transparency. While the organization boasts a fully independent board and has put various governance policies in place, including conflict of interest and whistleblower policies, it has shortcomings that impact its overall evaluation.
One notable strength is the foundation's commitment to governance, as evidenced by perfect scores in areas such as independent board members and material diversion of assets. However, the organization struggles with financial management, highlighted by a program expense ratio of only 41.80%, indicating that a significant portion of its funds may not be directed towards its mission-driven programs. Additionally, the absence of the tax form on its website is a critical transparency issue that has negatively affected its accountability score.
Overall, while The Full Life Foundation demonstrates a strong governance framework, serious financial and transparency deficiencies warrant caution for potential donors. Prospective supporters may want to consider these factors before contributing, as the organization has room for improvement in its financial practices and overall accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Full Life Foundation?
The Full Life Foundation has received positive remarks from its limited reviews on Facebook. Although currently not rated, one user expressed that joining the organization was "the best decision we ever made," indicating a strong endorsement for their services.
While the sample size of reviews is small, the sentiment conveyed is encouraging, suggesting that the nonprofit is making a significant impact on the lives of those involved. Users seem pleased with the experiences and support provided by the foundation.
In light of this sentiment, it can be inferred that The Full Life Foundation is effectively delivering on its mission, fostering a positive environment for its community members.
This AI summary has been generated from reviews found on Facebook.
Is The Full Life Foundation legitimate?
The Full Life Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Full Life 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:
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For more financial information, click here
Official website here: www.lavidallena.com/about/foundation
What is the mission statement of The Full Life Foundation?
The Full Life Foundation's mission is centered around providing financial aid to senior residents with limited income residing at La Vida Llena Lifecare Retirement Community. Their primary objective is to alleviate the financial burden of monthly service fees for these individuals. In 2022, the foundation extended this assistance to three senior residents. The foundation's mission aims to enhance the living conditions of these elderly individuals by easing their financial burden.
Official website here: www.lavidallena.com/about/foundation
Who is the CEO of The Full Life Foundation?
Vicki Mcnown is the President of The Full Life Foundation.
Official website here: www.lavidallena.com/about/foundation
What is the revenue of The Full Life Foundation?
The Full Life Foundation's revenue in 2022 was $213,550.
Official website here: www.lavidallena.com/about/foundation
Who are the executives of The Full Life Foundation and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.lavidallena.com/about/foundation
Where can I find the form 990 for The Full Life Foundation?
The Full Life Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lavidallena.com/about/foundation
Learn more at the official website: www.lavidallena.com/about/foundation
Mission Statement of The Full Life Foundation
The Full Life Foundation, as its name suggests, is committed to a noble mission. This mission involves providing financial aid to senior residents facing financial constraints within La Vida Llena Lifecare Retirement Community. By offering this assistance, the organization enables these low-income seniors to pay their monthly service fees, ensuring they can continue to live in the community with dignity and comfort. In 2022, the Foundation extended this support to three such residents, underscoring its dedication to making a tangible impact in their lives.
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Impact
October, 2024
The Full Life Foundation significantly alleviates financial burdens for low-income senior residents of La Vida Llena Lifecare Retirement Community in Albuquerque, NM. By providing essential financial assistance with monthly service fees, it ensures that vulnerable seniors can maintain their housing and access vital community services. In 2022 alone, the foundation directly supported three seniors, enabling them to enjoy a greater quality of life and stability in their later years. This assistance not only promotes individual well-being but also strengthens the fabric of the community by ensuring that all residents have the opportunity to thrive in their living environment.
This information is meant to be a general summary of The Full Life 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: $141,454
- Gross Receipts: $213,550
Assets and Liabilities:
- Total Assets: $6,090,842
- Total Liabilities: $0
- Net Assets: $6,090,842
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Organization Details
Founding Year
1994
Phone
(505) 291-3361Principal Officer
Vicki Mcnown
Main Address
10501 Lagrima De Oro Rd NE Apt 361, Albuquerque, NM, 87111
NTEE Category
Code: L22 - Housing
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