Overview
What is Louisville Foundation?
The Louisville Foundation is a nonprofit organization, headquartered in Woodland Hills, California, with a mission to aid and enhance Louisville High School. Led by Michael Van Briggle, the foundation focuses on various aspects of the school's support, such as funding for potential improvements to the school property, assisting the educational staff, supporting the school's scholarship program for eligible students, providing financial aid to qualified learners, and promoting technology-based education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The Louisville Foundation has received a low rating of 33%, which translates to a Zero-Star out of Four Star rating. This score highlights significant concerns regarding the charity's accountability and financial management. While the organization has demonstrated strengths in areas such as having a majority independent board and maintaining proper board meeting minutes, it has severe shortcomings, particularly in transparency and compliance with essential nonprofit governance policies.
The organization scored poorly in several critical areas, including the absence of a website linked on the tax form, lack of conflict of interest and whistleblower policies, and failure to provide its tax forms on its website. These deficiencies raised red flags about the foundation's operational transparency and commitment to ethical practices. Additionally, the foundation's program expense ratio and liabilities to assets ratio were both marked at 0.00%, indicating potential issues with funding or program effectiveness.
Overall, while the Louisville Foundation has some structural strengths, the severe issues in governance and transparency overshadow these positives. Prospective donors and stakeholders should carefully consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Louisville Foundation legitimate?
Louisville Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville 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
What is the mission statement of Louisville Foundation?
The Louisville Foundation's primary purpose is to aid in the support and maintenance of a specific high school. This organization focuses on various areas to contribute to the school's growth and welfare. These areas include funding for future capital improvements, supporting the educational staff, sponsoring a scholarship program for qualified students, providing financial assistance to eligible students, and enhancing learning through technology. The foundation's mission is to contribute to the school's overall development and success.
Who is the CEO of Louisville Foundation?
Michael Van Briggle is the Director Hrs As Req of Louisville Foundation.
What is the revenue of Louisville Foundation?
Louisville Foundation's revenue in 2023 was $47,890.
Who are the executives of Louisville Foundation and what are their salaries?
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
Where can I find the form 990 for Louisville Foundation?
Louisville Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Louisville Foundation
The Louisville Foundation is an organization dedicated to aiding in the support and maintenance of a high school. Its primary purpose is to assist the educational institution in various capacities. This assistance extends to future capital improvements on the school property, supporting the educational staff, funding a scholarship program for qualified students, and providing financial aid to other qualified students. Furthermore, the foundation seeks to enhance learning through the use of technology. By doing so, the Louisville Foundation aims to contribute positively to the educational growth and development of its associated high school.
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Impact
August, 2024
Louisville Foundation's impact is directly focused on supporting and maintaining Louisville High School in Woodland Hills, CA. They contribute to various areas such as funding for capital improvements to school property, supporting the educational staff, providing scholarships for qualified students, offering financial assistance programs, and enhancing learning through technology. This assistance helps ensure the continued growth and success of Louisville High School, benefiting both the students and the broader community.
This information is meant to be a general summary of Louisville 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: $47,890
- Gross Receipts: $525,453
Assets and Liabilities:
- Total Assets: $2,512,118
- Total Liabilities: $0
- Net Assets: $2,512,118
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Organization Details
Founding Year
1988
Phone
(818) 346-8812Principal Officer
Michael Van Briggle
Main Address
22300 MULHOLLAND DRIVE, WOODLAND HILLS, CA, 91364
NTEE Category
Code: Z99 - Unknown
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