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Friends Of Lincoln

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 931188791 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Lincoln?

Friends of Lincoln is a nonprofit organization situated in Portland, Oregon, specifically at 1600 SW SALMON STREET, 97205. Their primary mission is to enrich the community associated with Lincoln High School, providing support for various extracurricular activities, sports, and school events. This organization directly contributes to the athletic department's expenses and equips it with necessary equipment. The extensive reach of Friends of Lincoln benefits approximately 1,500 students and 100 faculty, administrators, and staff at Lincoln High School. Their role in the community is instrumental in fostering a supportive environment and enhancing the overall school experience.


Official website here: www.lincoln.pps.k12.or.us

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69% overall score)

Friends Of Lincoln has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. While the organization boasts a fully independent board, scoring 100% for independent board members, it has significant gaps in transparency. The absence of financial statements and several key policies, such as conflict of interest and whistleblower policies, negatively impacts its overall score.

Strengths of Friends Of Lincoln include a strong program expense ratio of 94.49%, indicating that a substantial portion of its resources is directed towards its programs. Additionally, the organization has demonstrated sound management of its assets, with a low liabilities to assets ratio of 2.74%. However, the lack of essential governance documents and the failure to post financial information on its website raises concerns about its operational transparency.

Overall, while Friends Of Lincoln shows potential through its effective program spending and governance structure, the organization needs to address its deficiencies in financial transparency and policy implementation to enhance its credibility and trustworthiness among supporters and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Lincoln legitimate?

Friends Of Lincoln is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Lincoln 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.lincoln.pps.k12.or.us

What is the mission statement of Friends Of Lincoln?

The mission of Friends Of Lincoln is centered around serving the Lincoln High School community. Their primary objective is to support extracurricular activities, sports, and various school events. This organization aims to benefit not only the students, numbering approximately 1,500, but also the faculty, administrators, and staff, totaling about 100 individuals. Friends Of Lincoln achieves this by providing direct financial assistance for athletic department expenses and procuring necessary athletic equipment for the school's athletic department.


Official website here: www.lincoln.pps.k12.or.us

Who is the CEO of Friends Of Lincoln?

Linda Salinsky is the President of Friends Of Lincoln.


Official website here: www.lincoln.pps.k12.or.us

What is the revenue of Friends Of Lincoln?

Friends Of Lincoln's revenue in 2022 was $748,006.


Official website here: www.lincoln.pps.k12.or.us

Who are the executives of Friends Of Lincoln and what are their salaries?

There 200 volunteers at Friends Of Lincoln.


Here are 4 key members and their salaries:


Mary Ann Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Salinsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisabeth Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Harrington (Communicatio)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lincoln.pps.k12.or.us

Where can I find the form 990 for Friends Of Lincoln?

Friends Of Lincoln's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lincoln.pps.k12.or.us

Learn more at the official website: www.lincoln.pps.k12.or.us

Mission Statement of Friends Of Lincoln

Friends of Lincoln, a nonprofit organization, is dedicated to serving the Lincoln High School community. Its primary mission is to support extracurricular activities, sports, and various school events, benefiting approximately 1,500 students and 100 faculty, administrators, and staff members. The organization's efforts extend beyond financial support, as it directly contributes to the Athletic Department's expenses and provides necessary athletic equipment. This commitment ensures that the Athletic Department can operate effectively and provide opportunities for student participation in sports and other activities, thereby enriching the overall school experience.

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Impact




July, 2024

The impact of Friends Of Lincoln is significant within the Lincoln High School community in Portland, Oregon. By providing direct payment of athletic department expenses and athletic equipment for the school, they support extracurricular activities, sports, and other school programs. Approximately 1,500 students and 100 faculty, administrators, and staff benefit from Friends Of Lincoln's efforts, enhancing the overall educational experience and opportunities available at Lincoln High School.




This information is meant to be a general summary of Friends Of Lincoln. 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.

Revenue
$748,006 (2022)
Expenses
$571,152 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $735
  • Program Service Revenue: $162,101
  • Gross Receipts: $780,021

Assets and Liabilities:

  • Total Assets: $1,448,262
  • Total Liabilities: $35,462
  • Net Assets: $1,412,800

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$162,101

Organization Details

Founding Year

1932

Principal Officer

Linda Salinsky

Main Address

1600 SW SALMON STREET, PORTLAND, OR, 97205

NTEE Category

Code: B20 - Education

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