Overview
What is Local Independent Charities Of Texas?
Local Independent Charities of Texas is a nonprofit organization situated in Weatherford, Texas. Their primary role involves screening and certifying local Texas charities, ensuring they meet rigorous standards, thereby enabling their inclusion in various fundraising drives such as the Combined Federal Campaign, public sector, and corporate workplace charity drives. Acting as the central representative and fiscal agent in these drives, Local Independent Charities of Texas enhances cost-effectiveness and efficiency. Beyond fundraising, they provide direct donation opportunities. Their mission is to strengthen local communities and address specific local needs by connecting generous donors with cause-related organizations, thereby raising funds and awareness for neighbors in need. The organization aids a diverse range of charity partners and encourages supporters to contribute to their respective causes.
Official website here: www.lictx.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Stars
Local Independent Charities of Texas has been awarded an overall rating of 85% by Charity Navigator, reflecting a commendable level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, which indicates a strong commitment to transparency and proper management practices within the organization.
The charity demonstrates impressive governance with 100% independent board members, ensuring that decisions are made without conflicts of interest. Furthermore, it has a solid financial structure, with a program expense ratio of 94.55%, indicating that a significant majority of its expenditures are directed toward its charitable programs rather than administrative costs.
While the organization excels in accountability and financial reporting, potential donors may want to look for more detailed information regarding its programs and impact, as the rating does not provide insights into operational effectiveness or community outcomes. Overall, the charity stands out for its financial stewardship but could benefit from enhancing its visibility on programmatic achievements.
This AI summary has been generated from information found on Charity Navigator.
Is Local Independent Charities Of Texas legitimate?
Local Independent Charities Of Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local Independent Charities Of Texas 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.lictx.org
What is the mission statement of Local Independent Charities Of Texas?
Local Independent Charities of Texas, in its mission, works to strengthen local communities and address specific local needs. This is accomplished by connecting generous donors with cause-related organizations. The charity raises funds and awareness, aiming to assist neighbors in need by aiding diverse charity partners and encouraging supporters to contribute to their cause. By screening and certifying local Texas charities that meet standards for inclusion in various fund drives, Local Independent Charities of Texas acts as a central representative and fiscal agent, increasing cost-effectiveness and efficiency. Additionally, the organization provides direct donation opportunities, with expenses reflecting distributions to its partner agencies.
Official website here: www.lictx.org
Who is the CEO of Local Independent Charities Of Texas?
Michelle Coffey is the Board President of Local Independent Charities Of Texas.
Official website here: www.lictx.org
What is the revenue of Local Independent Charities Of Texas?
Local Independent Charities Of Texas's revenue in 2023 was $992,872.
Official website here: www.lictx.org
Who are the executives of Local Independent Charities Of Texas and what are their salaries?
There 3 volunteers at Local Independent Charities Of Texas.
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
Official website here: www.lictx.org
Where can I find the form 990 for Local Independent Charities Of Texas?
Local Independent Charities Of Texas's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lictx.org
Learn more at the official website: www.lictx.org
Mission Statement of Local Independent Charities Of Texas
Local Independent Charities of Texas, often abbreviated as LITCTX, is dedicated to strengthening local communities and addressing specific local needs. The organization achieves this by fostering connections between generous donors and cause-related organizations. LITCTX's mission is to raise funds and awareness, aiming to assist neighbors in need. They accomplish this by supporting their diverse charity partners and encouraging supporters to contribute to their respective causes. By screening and certifying local Texas charities that meet inclusion standards, LITCTX enhances the effectiveness of fundraising campaigns in the Combined Federal Campaign, public sector, and corporate workplace charitable fund drives. Serving as the central representative and fiscal agent in these drives, LITCTX boosts cost-effectiveness and efficiency. Beyond this, LITCTX offers direct donation opportunities, ensuring that funds are distributed effectively to their partner agencies.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Local Independent Charities Of Texas works to strengthen local communities and address specific local needs by connecting generous donors with cause-related organizations. By screening and certifying local Texas charities that meet standards for inclusion in various charitable fundraising campaigns, they increase cost-effectiveness and efficiency while providing direct donation opportunities. Their impact includes raising funds and awareness to assist neighbors in need by aiding diverse charity partners and encouraging supporters to contribute to their cause.
This information is meant to be a general summary of Local Independent Charities Of Texas. 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.
- Gross Receipts: $992,872
Assets and Liabilities:
- Total Assets: $1,069,106
- Total Liabilities: $1,069,106
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(415) 925-2683Principal Officer
Michelle Coffey
Main Address
1500 STETSON DRIVE, WEATHERFORD, TX, 76087
Website
www.lictx.orgNTEE Category
Code: T70 - Philanthropy
If you are a representative of Local Independent Charities Of Texas and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.