Overview
What is Rancho Los Amigos Foundation Inc?
Rancho Los Amigos Foundation Inc, based in Downey, California, is a dedicated philanthropic organization that supports Rancho Los Amigos National Rehabilitation Center. This center is a medical facility specializing in rehabilitation and research, aiming to enhance the quality of life for individuals with disabilities. The foundation's role is to fund patient-centered services and programs, catering to the diverse needs of the center's patient population. These services, often uncovered by insurance or out of reach financially, are crucial for the recovery and rehabilitation of patients suffering from conditions like spinal cord injury, stroke, traumatic brain injury, and various neurological disorders. By providing such support, the foundation enables thousands of patients to regain their health, rebuild their lives, and revitalize their hope, playing a significant role in their journey to independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating).
Rancho Los Amigos Foundation Inc has achieved a solid standing with its 85% score, reflecting strong accountability and financial management practices. The high rating indicates that the foundation adheres to excellent governance standards, with a fully independent board and no reported material diversion of assets. Furthermore, it effectively implements policies for conflict of interest, whistleblower protection, and document retention.
The foundation's financial ratios also demonstrate robust performance, showcasing an efficient use of resources. Key metrics, such as the program expense ratio and fundraising efficiency ratio, received perfect scores, indicating that a significant portion of funds is directed toward programmatic efforts rather than administrative costs. This efficiency speaks to the organization's commitment to maximizing the impact of its work.
However, as with any nonprofit, continuous evaluation of operational practices will be essential to maintain and build upon this strong score. While the current ratings reflect positively on its practices, ongoing transparency and adaptability to changing circumstances will be crucial for future sustainability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Rancho Los Amigos Foundation Inc legitimate?
Rancho Los Amigos Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rancho Los Amigos Foundation Inc 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: $105,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,986
For more financial information, click here
What is the mission statement of Rancho Los Amigos Foundation Inc?
The Rancho Los Amigos Foundation Inc supports the Rancho Los Amigos Rehabilitation Center by raising funds for necessary programs and services for patients who have suffered from spinal cord injury, stroke, traumatic brain injury, and other neurological disorders. The foundation's support enables thousands of patients, ranging from various socio-economic backgrounds, to experience health restoration, life rebuilding, and hope revitalization. The foundation collaborates with the center to help each patient construct their personal pathway to independence, as the center's patients typically have the most severe injuries or illnesses among any hospital in the country, requiring specialized programs to help them achieve their goals.
Who is the CEO of Rancho Los Amigos Foundation Inc?
Erik Miller is the Executive Dir. of Rancho Los Amigos Foundation Inc.
What is the revenue of Rancho Los Amigos Foundation Inc?
Rancho Los Amigos Foundation Inc's revenue in 2022 was $906,547.
Who are the executives of Rancho Los Amigos Foundation Inc and what are their salaries?
The average compensation at Rancho Los Amigos Foundation Inc during 2022 was $91,793. There are 2 employees and 45 volunteers at Rancho Los Amigos Foundation Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Rancho Los Amigos Foundation Inc?
Rancho Los Amigos Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rancho Los Amigos Foundation Inc
Rancho Los Amigos Foundation Inc plays a crucial role in supporting the Rancho Los Amigos Rehabilitation Center. This nonprofit organization raises funds to provide essential programs and services for patients who have suffered from spinal cord injury, stroke, traumatic brain injury, and other neurological disorders. The patients at the center come from various socio-economic backgrounds, and the support of the foundation enables thousands of individuals to experience the restoration of their health, the rebuilding of their lives, and the revitalization of their hope.
The mission of Rancho Los Amigos Foundation Inc is to work alongside the rehabilitation center to help each patient build a personal bridge to independence. Given that the center's patients have the highest level of injury or illness in any hospital in the country, it often takes special programs to help each patient reach their goal. By providing needed funds, Rancho Los Amigos Foundation Inc plays an integral role in enabling the center to offer comprehensive care and support to its patients, ultimately helping them regain their independence and improve their quality of life.
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Impact
July, 2024
Rancho Los Amigos Foundation Inc's impact lies in providing crucial support to the Rancho Los Amigos Rehabilitation Center. Through raising funds, the Foundation helps thousands of patients who have experienced spinal cord injury, stroke, traumatic brain injury, and other neurological disorders. This assistance enables these individuals, who often face significant challenges, to access essential programs and services that aid in their recovery, rebuilding of their lives, and restoration of hope. The Foundation's partnership with the Center plays a vital role in assisting each patient in their journey towards independence, especially considering the complex needs of the Center's diverse disabled population. Through philanthropic support, the Foundation is instrumental in facilitating treatments and programs that are not covered by insurance or traditional funding practices, thereby making a tangible difference in the lives of those served by the Center.
This information is meant to be a general summary of Rancho Los Amigos 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.
- Investment Income: $6,830
- Gross Receipts: $1,056,294
Assets and Liabilities:
- Total Assets: $1,785,481
- Total Liabilities: $31,015
- Net Assets: $1,754,466
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Organization Details
Phone
(562) 385-8214Principal Officer
Erik Miller
Main Address
7601 E IMPERIAL HWY TRAILER 3, DOWNEY, CA, 90242
NTEE Category
Code: E22I - Health
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