Overview
What is Life Connect Foundation Inc?
Life Connect Foundation Inc, situated in Lauderdale Lakes, Florida, is a compassionate nonprofit organization that focuses on three primary areas: community health care, education, and spiritual growth. This charitable entity dedicates its efforts to improving the well-being of its local community through its diverse programs. By providing essential medical services, promoting learning opportunities, and fostering spiritual growth, Life Connect Foundation Inc seeks to positively impact the lives of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars, 73%
Life Connect Foundation Inc has received a two-star rating from Charity Navigator, indicating that the organization is classified as needing improvement. While it has an overall score of 73%, the charity excels in accountability and finance, achieving a perfect score in this category. This indicates strong governance practices, including an entirely independent board and a commendable track record of documenting board meeting minutes.
The organization's financial health appears robust, with a liabilities to assets ratio of 0.00%, which suggests it is effectively managing its resources. Additionally, the program expense ratio is notably high at 93.97%, demonstrating that a significant portion of its expenditures supports its programs rather than administrative costs.
Despite its strengths in governance and financial management, the two-star rating reflects areas where the organization may need to enhance transparency or operational effectiveness. Stakeholders may want to monitor any future improvements or developments to ensure that the organization meets its potential in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Life Connect Foundation Inc legitimate?
Life Connect Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Connect Foundation 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: $11,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,773
For more financial information, click here
What is the mission statement of Life Connect Foundation Inc?
Life Connect Foundation Inc, as a charitable organization, is dedicated to serving the community through medical, educational, and religious programs. Its mission is to improve the wellbeing of individuals by providing essential healthcare services, fostering knowledge through educational initiatives, and promoting spiritual growth. The foundation operates from its base in Lauderdale Lakes, FL, but its impact extends beyond its locality, providing resources and opportunities for those in need.
Who is the CEO of Life Connect Foundation Inc?
Macdaline Sanz is the President of Life Connect Foundation Inc.
What is the revenue of Life Connect Foundation Inc?
Life Connect Foundation Inc's revenue in 2022 was $76,226.
Who are the executives of Life Connect Foundation Inc and what are their salaries?
The average compensation at Life Connect Foundation Inc during 2022 was $11,247. There are 3 employees at Life Connect Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Life Connect Foundation Inc?
Life Connect Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life Connect Foundation Inc
Life Connect Foundation, a charitable organization, is dedicated to serving the community through medical, educational, and religious initiatives. Based on the information provided, it can be inferred that the mission of Life Connect Foundation is to contribute positively to the well-being of individuals and society as a whole. The organization provides community health care services, which likely include medical treatments, preventative care, and health education. Additionally, Life Connect Foundation is involved in educational programs, aiming to enhance knowledge and skills among the community members. Lastly, the organization's religious programs are also a part of its mission, contributing to spiritual growth and community unity. Overall, Life Connect Foundation's mission is to improve the lives of people by offering a variety of services that cater to their physical, mental, and spiritual needs.
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Impact
August, 2024
Life Connect Foundation Inc provides crucial community health care, educational, and religious programs in Lauderdale Lakes, FL. Through its charitable initiatives, the foundation positively impacts the well-being and knowledge base of individuals within the community. Its work enables access to essential health services, educational resources, and spiritual support, contributing to the overall betterment of the local population.
This information is meant to be a general summary of Life Connect Foundation 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.
- Program Service Revenue: $38,282
- Gross Receipts: $76,226
Assets and Liabilities:
- Total Assets: $7,315
- Total Liabilities: $0
- Net Assets: $7,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH CARE SERVICES
Revenue
$38,282
Organization Details
Founding Year
2020
Principal Officer
Macdaline Sanz
Main Address
3001 NW 49TH AVE SUITE 308, LAUDERDALE LAKES, FL, 33313
NTEE Category
Code: E32 - Health
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