Overview
What is Lynnwood Rotary Community Foundation?
The Lynnwood Rotary Community Foundation is a nonprofit organization situated in Lynnwood, Washington. They are committed to identifying and supporting local projects within their community and surrounding areas, providing financial assistance through long-term fund development and responsible stewardship. Their mission involves raising funds to bolster education and offer financial and other forms of aid to various community service organizations.
Official website here: www.lrcfrotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
The Lynnwood Rotary Community Foundation has achieved an outstanding score of 100% from Charity Navigator, indicating exceptional performance in accountability and finance. This rating is based entirely on a comprehensive evaluation of the organization's financial practices and governance, reflecting a strong commitment to transparency and responsible management of resources.
The foundation showcases significant strengths, including a fully independent board and high ratios for program expenses, suggesting that nearly all funds are directed towards its programs. Moreover, the foundation has established robust policies for conflict of interest, whistleblowing, and document retention, which further enhances its credibility and operational integrity.
However, while the organization excels in financial accountability, feedback on its programmatic impact and community engagement is not detailed in the available data. This lack of information on the effectiveness of its initiatives may leave potential donors and stakeholders seeking more insight into the foundation's overall impact on its community.
This AI summary has been generated from information found on Charity Navigator.
Is Lynnwood Rotary Community Foundation legitimate?
Lynnwood Rotary Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynnwood Rotary Community 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lrcfrotary.org
What is the mission statement of Lynnwood Rotary Community Foundation?
The Lynnwood Rotary Community Foundation is dedicated to raising funds to support education and provide financial and other forms of assistance to various community service organizations. This foundation undertakes long-term fund development and responsible stewardship to provide significant financial support for local needs. By identifying projects within the community and its surrounding area, the foundation offers financial assistance to these initiatives.
Official website here: www.lrcfrotary.org
Who is the CEO of Lynnwood Rotary Community Foundation?
David Kleitsch is the President of Lynnwood Rotary Community Foundation.
Official website here: www.lrcfrotary.org
What is the revenue of Lynnwood Rotary Community Foundation?
Lynnwood Rotary Community Foundation's revenue in 2023 was $134,603.
Official website here: www.lrcfrotary.org
Who are the executives of Lynnwood Rotary Community Foundation and what are their salaries?
There 45 volunteers at Lynnwood Rotary Community Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.lrcfrotary.org
Where can I find the form 990 for Lynnwood Rotary Community Foundation?
Lynnwood Rotary Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lrcfrotary.org
Learn more at the official website: www.lrcfrotary.org
Mission Statement of Lynnwood Rotary Community Foundation
The Lynnwood Rotary Community Foundation is dedicated to raising funds and providing financial and other forms of assistance to various community service organizations. Their mission is centered around supporting education and addressing local needs through long-term fund development and responsible stewardship. By identifying suitable projects within the community and surrounding areas, the foundation offers financial aid to enhance the well-being and development of the local population.
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Impact
October, 2024
The Lynnwood Rotary Community Foundation significantly impacts the local community by identifying and supporting essential projects that address various needs in Lynnwood and its surrounding areas. Through long-term fund development and responsible stewardship, the foundation provides crucial financial assistance to local service organizations, enhancing educational opportunities and addressing community challenges. By raising funds and strategically allocating resources, they empower local initiatives and foster a spirit of cooperation and service within the community.
This information is meant to be a general summary of Lynnwood Rotary Community 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 2023.
- Investment Income: $55,590
- Gross Receipts: $543,919
Assets and Liabilities:
- Total Assets: $2,207,271
- Total Liabilities: $1,193
- Net Assets: $2,206,078
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Organization Details
Founding Year
1991
Phone
(425) 670-1310Principal Officer
David Kleitsch
Main Address
PO BOX 1021, LYNNWOOD, WA, 98046
Website
www.lrcfrotary.orgNTEE Category
Code: X99Z - Religion related
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