Overview
What is Los Alamos Retired And Senior Org?
Los Alamos Retired and Senior Org, abbreviated as LARSO, is a nonprofit organization situated in Los Alamos, New Mexico. Its primary mission is to cater to the needs and provide fellowship for retirees and seniors residing in Los Alamos County. Throughout the year, LARSO organizes various activities, such as exhibiting donations on a plaque, hosting events like Senior Day at the Roundhouse and Superbowl parties, offering free tax help, celebrating Pi Day, and delivering gift bags to those in need during the holiday season. During the pandemic, LARSO initiated a drive-thru lunch program and administered flu shots in a drive-thru format. LARSO also provides instruction and advocacy for its members, emphasizing their commitment to serving and supporting the senior community in Los Alamos County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 71%)
Los Alamos Retired And Senior Org has received a Two-Star rating from Charity Navigator, indicating that it requires improvement. The organization's overall score of 71% reflects a solid accountability and finance profile, demonstrating effective financial management and transparency practices. Notably, the organization has 100% independent board members and maintains rigorous conflict of interest policies, which are positive indicators of governance.
The nonprofit shows strong financial health with a low liabilities to assets ratio of 1.91% and an impressive program expense ratio of 78.72%. This suggests that the majority of its funding is being directed towards its programs rather than administrative costs. Additionally, the organization is diligent in documenting board meeting minutes, which adds to its transparency.
However, despite these strengths, the overall rating still falls short of higher standards set by Charity Navigator. This indicates potential areas for improvement in either program effectiveness or other operational aspects that could enhance its rating in the future. Continued focus on these areas will be essential for improving its standing and ensuring a greater impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Los Alamos Retired And Senior Org legitimate?
Los Alamos Retired And Senior Org is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Alamos Retired And Senior Org 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: $71,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $629,873
For more financial information, click here
What is the mission statement of Los Alamos Retired And Senior Org?
Los Alamos Retired and Senior Organization (LARSO) is committed to serving, fostering camaraderie, providing instruction, and advocating for retirees and seniors. Their mission is to enhance the lives of these individuals by offering various services, promoting fellowship, and advocating for their needs and concerns. LARSO engages in activities such as displaying donation plaques, organizing senior day events, offering tax help, hosting exercise classes, and delivering gift bags to those in need. During the COVID-19 pandemic, they shifted to drive-thru events and lunch programs to maintain social interaction while adhering to safety guidelines.
What is the revenue of Los Alamos Retired And Senior Org?
Los Alamos Retired And Senior Org's revenue in 2024 was $1,274,418.
Who are the executives of Los Alamos Retired And Senior Org and what are their salaries?
The average compensation at Los Alamos Retired And Senior Org during 2024 was $15,592. There are 45 employees and 51 volunteers at Los Alamos Retired And Senior Org.
Here are 10 key members and their salaries:
- Compensation: $71,751
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Where can I find the form 990 for Los Alamos Retired And Senior Org?
Los Alamos Retired And Senior Org's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Los Alamos Retired And Senior Org
Los Alamos Retired and Senior Org, often referred to as LARSO, is dedicated to serving the needs of retirees and seniors in its community. Its mission encompasses four key areas: service, fellowship, instruction, and advocacy. LARSO strives to provide a platform for seniors to engage in various activities, foster camaraderie, and acquire new knowledge.
The organization undertakes various initiatives to achieve its mission. One such initiative is the 'Living Legacy Wall,' which honors significant donations from senior members. These funds are utilized to procure large items that the senior center might not afford otherwise, such as new computers. LARSO also engages in advocacy, participating in events like 'Senior Day at the Roundhouse,' where it meets with legislators to discuss matters affecting seniors. The organization hosts social events, like a Super Bowl party, and offers educational opportunities, such as AARP's free tax help for seniors.
During challenging times, LARSO adapts its services. For instance, when COVID-19 forced centers to close, LARSO initiated a drive-thru lunch program to ensure seniors continued receiving meals. The organization's mission is not just limited to events and activities; it also aims to support seniors emotionally and financially. For instance, it delivers gift bags to seniors who are struggling financially or are living alone.
In summary, Los Alamos Retired and Senior Org, or LARSO, is an organization that provides a holistic approach to serving the needs of retirees and seniors. It offers opportunities for fellowship, instruction, and service, while also advocating on their behalf. LARSO's initiatives are designed to cater to the diverse needs of its members, ensuring they can lead fulfilling lives in their golden years.
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Impact
July, 2024
Los Alamos Retired And Senior Org makes a significant impact by providing service, fellowship, instruction, and advocacy for retirees and seniors in Los Alamos County. Throughout the year, they engage in various activities like fundraising events, free tax help, virtual theater shows, and drive-thru programs to support the well-being and enjoyment of the senior community. Their initiatives, such as the Living Legacy Wall donations and the distribution of gift bags to seniors in need, demonstrate a commitment to enhancing the lives of older adults in the area.
This information is meant to be a general summary of Los Alamos Retired And Senior Org. 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 2024.
- Investment Income: $11,320
- Program Service Revenue: $112,166
- Gross Receipts: $1,274,418
Assets and Liabilities:
- Total Assets: $522,657
- Total Liabilities: $28,790
- Net Assets: $493,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEAL DELIVERY
Revenue
$81,756
PROGRAM SERVICE FEES
Revenue
$30,410
Organization Details
Founding Year
1998
Principal Officer
Jacquelyn Gruninger
NTEE Category
Code: P81 - Human services
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