Overview
What is Lakewood Project Shepherd?
Lakewood Project Shepherd is a community-based, nonprofit organization situated in Lakewood, California. Its primary mission is to aid Lakewood residents in need by offering various assistance programs. In 2022, these programs included helping with utility payments, providing items such as backpacks, helmets, scooters, and toys during the holiday season, and sponsoring a softball tournament. The well-received backpack program served 434 children and teens, while their year-round program assisted 261 families. The organization's largest annual program, the holiday program, offers registered low-income families a box of non-perishable food, a gift card for perishable items, and a $25 gift card per child, serving 412 families in 2022.
Official website here: www.lakewoodcity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Lakewood Project Shepherd holds a low overall rating of 53%, primarily due to concerns regarding its accountability and finance practices. The charity's board lacks independent members, scoring 0% in that area, which is a significant factor in the rating. Additionally, the organization has failed to implement several key policies, including those for conflict of interest, whistleblower protections, and document retention, which raises questions about governance and transparency.
Despite these weaknesses, the organization appears to manage its assets effectively, with a liabilities to assets ratio of 0.00% and an impressive program expense ratio of 98.84%. This suggests that the majority of its funding is directed toward its programs, indicating an operational focus on its mission. However, the lack of essential governance practices could hinder its overall effectiveness and public trust.
In summary, while Lakewood Project Shepherd demonstrates a strong commitment to allocating funds toward its programs, its significant governance shortcomings and absence of independent oversight result in a poor rating from Charity Navigator. Addressing these issues could enhance its credibility and operational effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Project Shepherd legitimate?
Lakewood Project Shepherd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Project Shepherd 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lakewoodcity.org
What is the mission statement of Lakewood Project Shepherd?
Lakewood Project Shepherd, a community-based non-profit organization, is committed to providing assistance to individuals in need, specifically residing in Lakewood. To fulfill this mission, they engage in various small programs aiming to reach as many residents as possible. These initiatives include helping with utility payments and offering support to children through initiatives such as distributing backpacks, helmets, scooters, and toys during Christmas. Furthermore, they sponsor a softball tournament. In 2022, their Backpack Program served 434 children and teens, while their year-round program assisted 261 families. The organization's largest program is the Holiday Program, which begins in November. Low-income residents can register for assistance, receiving a box of non-perishable food, a gift card for perishable items, and a $25 gift for each registered child. During the 2022 holiday season, this program aided 412 families.
Official website here: www.lakewoodcity.org
Who is the CEO of Lakewood Project Shepherd?
Thaddeus Mc Cormack is the President of Lakewood Project Shepherd.
Official website here: www.lakewoodcity.org
What is the revenue of Lakewood Project Shepherd?
Lakewood Project Shepherd's revenue in 2022 was $75,395.
Official website here: www.lakewoodcity.org
Who are the executives of Lakewood Project Shepherd and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.lakewoodcity.org
Where can I find the form 990 for Lakewood Project Shepherd?
Lakewood Project Shepherd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewoodcity.org
Learn more at the official website: www.lakewoodcity.org
Mission Statement of Lakewood Project Shepherd
Lakewood Project Shepherd, a community-based non-profit organization, is dedicated to assisting Lakewood residents in need. Their mission is to identify and provide aid to as many residents as possible. To accomplish this, Lakewood Project Shepherd implements various small programs, including initiatives to help with utility payments. Moreover, the organization focuses on children's well-being, providing items such as backpacks, helmets, scooters, and toys during the holiday season. In 2022, their backpack program served 434 children and teens, and their year-round program aided 261 families. Lakewood Project Shepherd's most significant program remains their holiday program, which begins in November. Low-income residents can register for assistance and receive a box of non-perishable food, a gift card to purchase perishable items at a grocery store, and a $25.00 gift for each registered child. In 2022, this program served 412 families. Overall, Lakewood Project Shepherd's mission is to support Lakewood residents by addressing their needs through a variety of programs and initiatives.
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Impact
August, 2024
Lakewood Project Shepherd's impact is profound in the community of Lakewood, CA. By providing assistance to residents in need, they are able to support families and children through various programs. Their initiatives, such as helping with utility payments, distributing backpacks, helmets, scooters, and toys during Christmas, hosting a softball tournament, and offering a holiday assistance program, have directly benefited hundreds of families and children. In 2022 alone, they served 261 families through their year-round program and 412 families through the holiday program. This demonstrates how Lakewood Project Shepherd's efforts have made a tangible difference in the lives of those facing challenges in the community.
This information is meant to be a general summary of Lakewood Project Shepherd. 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: $1,344
- Gross Receipts: $75,395
Assets and Liabilities:
- Total Assets: $696,481
- Total Liabilities: $0
- Net Assets: $696,481
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Organization Details
Founding Year
2000
Phone
(562) 866-9771Principal Officer
Thaddeus Mc Cormack
Main Address
5050 CLARK AVE, LAKEWOOD, CA, 90712
Website
www.lakewoodcity.orgNTEE Category
Code: T30 - Philanthropy
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