Overview
What is California Nevada District Exchange Club S Charitable Foundation Inc?
California Nevada District Exchange Club S Charitable Foundation Inc is a nonprofit organization situated in Santa Monica, California. Its primary mission involves recognizing exceptional youths and supporting local Exchange Clubs in their community projects. The foundation aids these clubs by providing resources and assistance, thereby contributing to various community initiatives. The organization's address can be found at C/O Ken Owens, 1117 Franklin Street, Santa Monica, CA 90403.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The California Nevada District Exchange Club S Charitable Foundation Inc has received a low rating of 53%, resulting in a One-Star designation. This rating indicates significant concerns regarding the charity's accountability and financial management, with a particularly noteworthy lack of independent board members, which raises questions about governance and oversight.
While the organization does demonstrate a strong program expense ratio of 98.70%, suggesting that a large proportion of its resources are directed towards programs, it suffers from multiple governance issues. These include the absence of essential policies such as conflict of interest, whistleblower, and document retention policies, which are critical for ensuring transparency and ethical conduct within the organization.
Additionally, the charity's website is missing from its tax form, and it has not published its tax forms on its website, further indicating deficiencies in public accountability. Overall, while the foundation may be effective in delivering programs, its governance practices need significant improvement to enhance trust and transparency with donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is California Nevada District Exchange Club S Charitable Foundation Inc legitimate?
California Nevada District Exchange Club S Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Nevada District Exchange Club S Charitable 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.
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Other Salaries and Wages: $0
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What is the mission statement of California Nevada District Exchange Club S Charitable Foundation Inc?
The California Nevada District Exchange Club S Charitable Foundation's primary mission is to recognize exceptional youths and support Exchange Clubs in their district with community projects. By assisting these clubs, the foundation aims to contribute to various community initiatives within its jurisdiction. The foundation's activities are geared towards recognizing outstanding youths and providing financial or resourceful aid to local Exchange Clubs in carrying out their community-focused projects.
Who is the CEO of California Nevada District Exchange Club S Charitable Foundation Inc?
Ron Lashmett is the President of California Nevada District Exchange Club S Charitable Foundation Inc.
What is the revenue of California Nevada District Exchange Club S Charitable Foundation Inc?
California Nevada District Exchange Club S Charitable Foundation Inc's revenue in 2022 was $113,787.
Who are the executives of California Nevada District Exchange Club S Charitable Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for California Nevada District Exchange Club S Charitable Foundation Inc?
California Nevada District Exchange Club S Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of California Nevada District Exchange Club S Charitable Foundation Inc
California Nevada District Exchange Club's Charitable Foundation recognizes the exceptional achievements of young individuals and supports the community projects of Exchange Clubs within its district. The primary mission of this organization is to recognize outstanding youths and provide assistance to local Exchange Clubs in their community engagement efforts. By doing so, the foundation aims to foster a sense of civic responsibility and promote positive change in the communities it serves. The foundation's activities are instrumental in inspiring young minds and empowering local Exchange Clubs to make a meaningful impact in their neighborhoods.
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Impact
October, 2024
California Nevada District Exchange Club S Charitable Foundation Inc significantly impacts the community by recognizing and celebrating outstanding youth achievements while supporting local Exchange Clubs in their community projects. Through its initiatives, the Foundation fosters leadership and community involvement among young individuals, encouraging them to engage positively with their surroundings. By assisting Exchange Clubs with various projects, it amplifies the reach of local efforts to enhance community well-being and address pressing social needs. This dual focus on youth recognition and community support creates a vibrant environment that nurtures future leaders and strengthens community ties in Santa Monica and the surrounding areas.
This information is meant to be a general summary of California Nevada District Exchange Club S Charitable 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: $242
- Gross Receipts: $113,787
Assets and Liabilities:
- Total Assets: $132,259
- Total Liabilities: $0
- Net Assets: $132,259
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Organization Details
Founding Year
1996
Phone
(310) 828-2674Principal Officer
Ron Lashmett
Main Address
C/O KEN OWENS 1117 FRANKLIN ST, SANTA MONICA, CA, 90403
NTEE Category
Code: T99 - Philanthropy
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