Overview
What is The L40 Foundation Inc?
The L40 Foundation Inc is a dedicated nonprofit organization committed to eradicating socioeconomic obstacles that hinder athletic achievements and development for children. Their mission focuses on breaking down these barriers, ensuring equitable opportunities for young athletes to thrive and grow. While specific details about their activities or programs are not provided, their primary objective remains clear: to foster athletic success and personal growth for children who may be limited by their financial circumstances.
Is The L40 Foundation Inc legitimate?
The L40 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The L40 Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of The L40 Foundation Inc?
The L40 Foundation Inc's mission is centered around eliminating socioeconomic obstacles that hinder children's participation in athletic achievements and development. Their objective is to bridge this gap, ensuring equal opportunities for all young athletes to excel and grow. They strive to create an environment where financial circumstances do not hinder a child's athletic potential. The foundation's activities are geared towards fostering athletic achievements and personal growth among children, breaking down the barriers that may otherwise restrict their participation.
Who is the CEO of The L40 Foundation Inc?
Dylan Pala is the President of The L40 Foundation Inc.
What is the revenue of The L40 Foundation Inc?
The L40 Foundation Inc's revenue in 2022 was $51,925.
Who are the executives of The L40 Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $5,900
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The L40 Foundation Inc?
The L40 Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The L40 Foundation Inc
The L40 Foundation Inc is committed to eliminating socioeconomic disparities that hinder young athletes from achieving their full potential in sports. Their mission is twofold: firstly, they aim to break down these barriers, enabling kids to seize athletic opportunities and progress in their development. Secondly, they strive to foster an environment that nurtures and supports these young athletes, ensuring they can fully realize their athletic aspirations. This mission is a significant contribution towards leveling the playing field, giving every child an equal chance to excel in sports, regardless of their financial background.
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Impact
August, 2024
The L40 Foundation Inc is dedicated to removing socioeconomic barriers between kids and athletic achievement opportunities and development in Longwood, FL. Their mission is to ensure that all children have equal access to recreational and athletic programs, regardless of their socioeconomic background. Through their efforts, they are making a positive impact by promoting inclusivity and providing opportunities for children to participate in sports and recreational activities that can contribute to their physical, mental, and emotional well-being. By removing these barriers, The L40 Foundation Inc is empowering children to reach their full potential and pursue their athletic dreams.
This information is meant to be a general summary of The L40 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.
- Gross Receipts: $51,925
Assets and Liabilities:
- Total Assets: $466
- Total Liabilities: $0
- Net Assets: $466
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Organization Details
Phone
(612) 751-5221Principal Officer
Dylan Pala
Main Address
527 EASTPORT DR, LONGWOOD, FL, 32750
NTEE Category
Code: N12 - Recreation
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