Overview
What is Life Options Vocational And Resource Center Inc?
Life Options Vocational and Resource Center Inc, situated in Lompoc, California, is a distinguished nonprofit organization specializing in assisting developmentally challenged individuals. With a dedicated workforce of 177 employees, the center offers a comprehensive range of services to support its clients. These services include employment opportunities, providing them with valuable work experiences through award-winning food service contracts with Vandenberg Air Force Base, Camp San Luis Obispo, and Los Alamitos Joint Forces Training Base in California. Beyond employment, the center also offers social opportunities, vocational training, life skills education, residence, and various forms of assistance to ensure the well-being and independence of its clients.
Official website here: www.lovarc.com
What are the reviews and ratings of this charity?
**Rating: 96% (Four-Star out of Four Star Rating from Charity Navigator)**
Life Options Vocational And Resource Center Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance management. This high score is primarily due to its remarkable financial transparency and adherence to best practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblower protocols.
The organization demonstrates a solid financial position, with a program expense ratio of 91.42%, indicating that a significant portion of their expenses directly supports their programs. Additionally, there are no noted diversions of assets, which speaks to the integrity in its financial practices. However, it’s important to note that the organization’s impact measurement and community culture aspects are not currently scored, leaving some areas unassessed in terms of effectiveness.
User reviews from GreatNonprofits could not be fetched, so there is no additional sentiment available from the public. Overall, Life Options Vocational And Resource Center Inc appears to operate transparently and effectively in financial matters, though potential donors and supporters may want to consider the lack of evaluations on its impact and adaptability.
This AI summary has been generated from information found on Charity Navigator.
Is Life Options Vocational And Resource Center Inc legitimate?
Life Options Vocational And Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Options Vocational And Resource Center 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: $217,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,596,603
For more financial information, click here
Official website here: www.lovarc.com
What is the mission statement of Life Options Vocational And Resource Center Inc?
Life Options Vocational and Resource Center Inc is dedicated to serving individuals with developmental challenges. Their mission is to provide employment opportunities, social interactions, vocational training, life skills education, residence, and various forms of assistance to their clients. The center aims to empower these individuals, helping them lead fulfilling lives. They offer employment in award-winning food service contracts, such as those with Vandenberg Air Force Base and other California-based facilities. Additionally, they offer residential support and a range of other assistance to meet the diverse needs of their clients.
Official website here: www.lovarc.com
Who is the CEO of Life Options Vocational And Resource Center Inc?
Maureen Tolson is the President of Life Options Vocational And Resource Center Inc. The CEO's salary of Life Options Vocational And Resource Center Inc is $106,994 and their total compensation is $106,994.
Official website here: www.lovarc.com
What is the revenue of Life Options Vocational And Resource Center Inc?
Life Options Vocational And Resource Center Inc's revenue in 2022 was $7,118,969.
Official website here: www.lovarc.com
Who are the executives of Life Options Vocational And Resource Center Inc and what are their salaries?
The average compensation at Life Options Vocational And Resource Center Inc during 2022 was $21,546. There are 177 employees and 8 volunteers at Life Options Vocational And Resource Center Inc.
Here are 10 key members and their salaries (Life Options Vocational And Resource Center Inc's CEO's salary is $106,994 and their total compensation is $106,994):
- Compensation: $110,095
- Related: $0
- Other: $0
- Compensation: $106,994
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lovarc.com
Where can I find the form 990 for Life Options Vocational And Resource Center Inc?
Life Options Vocational And Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lovarc.com
Learn more at the official website: www.lovarc.com
Mission Statement of Life Options Vocational And Resource Center Inc
Life Options Vocational and Resource Center Inc is dedicated to serving individuals with developmental challenges. Their mission is to provide a comprehensive range of support, including employment opportunities, social interactions, vocational training, life skills education, residence, and various other forms of assistance to their clients. By doing so, they strive to enhance the quality of life for these individuals, empowering them to lead more fulfilling and independent lives.
One of the key ways Life Options Vocational and Resource Center Inc achieves its mission is through its involvement in food services. The nonprofit employs its developmentally challenged clients in award-winning food service contracts with notable institutions such as Vandenberg Air Force Base, Camp San Luis Obispo, and Los Alamitos Joint Forces Training Base in California. This work not only provides valuable employment opportunities but also allows these individuals to gain valuable job skills and experience in a supportive environment.
In summary, Life Options Vocational and Resource Center Inc is a nonprofit organization that is committed to empowering and supporting individuals with developmental challenges. Through its various programs and services, including employment in food services, the organization aims to provide its clients with the tools and opportunities they need to lead more fulfilling and independent lives.
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Impact
July, 2024
Life Options Vocational And Resource Center Inc has a significant impact on the lives of developmentally challenged individuals by providing them with employment opportunities, social engagement, vocational training, life skills education, and other forms of assistance. Through its food services program, the organization employs these individuals in food service contracts with prestigious entities such as Vandenberg Air Force Base, Camp San Luis Obispo, and Los Alamitos Joint Forces Training Base in California. By offering meaningful work and support, Life Options helps its clients gain independence, confidence, and a sense of purpose, ultimately enhancing their quality of life.
This information is meant to be a general summary of Life Options Vocational And Resource Center 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: $430,129
- Program Service Revenue: $6,671,810
- Gross Receipts: $7,119,509
Assets and Liabilities:
- Total Assets: $2,220,936
- Total Liabilities: $961,951
- Net Assets: $1,258,985
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Department of Rehab
Revenue
$19,837
Food Service Contracts
Revenue
$5,861,281
Medi-Cal
Revenue
$713,898
OTHER SERVICE CONTRACTS
Revenue
$3,700
Tri-Counties Regional Ctr
Revenue
$73,094
Organization Details
Founding Year
1964
Phone
(805) 735-3428Principal Officer
Maureen Tolson
Main Address
116 NORTH I STREET, LOMPOC, CA, 93436
Website
www.lovarc.comNTEE Category
Code: J300 - Employment
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