Overview
What is Los Angeles Rod And Reel Club Fd Foundation?
The Los Angeles Rod and Reel Club FD Foundation is a nonprofit organization dedicated to offering underprivileged children an enriching experience through recreational fishing. By organizing numerous fishing programs, they provide these children with a unique day out, engaging them in an enjoyable and educational activity. The foundation's mission is to make this opportunity accessible to children in need, thereby fostering a sense of joy and learning. Their efforts extend to taking over 400 children annually for a memorable fishing excursion.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating. The Los Angeles Rod And Reel Club Foundation has achieved a moderate rating, which indicates some areas of strength but also several significant weaknesses, particularly in governance and transparency. The overall accountability and finance score is 74, suggesting that while the organization manages its finances reasonably well, there is room for improvement.
One notable strength is the program expense ratio, which stands at an impressive 78.19%, indicating that a significant portion of donations is directed towards programs rather than administrative expenses. Additionally, the organization has established important policies, such as conflict of interest and whistleblower protections, which are crucial for maintaining ethical practices within the nonprofit sector.
However, the foundation faces considerable criticism for its lack of independent board members, which could raise concerns about governance and oversight. Furthermore, the absence of a listed website on its tax form and the failure to post tax documents online detract from its transparency, potentially making it harder for the public to assess its operations fully. Overall, while there are positive aspects of the foundation's performance, the governance issues may limit its appeal to potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Los Angeles Rod And Reel Club Fd Foundation legitimate?
Los Angeles Rod And Reel Club Fd Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Rod And Reel Club Fd 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
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What is the mission statement of Los Angeles Rod And Reel Club Fd Foundation?
The Los Angeles Rod and Reel Club Fd Foundation's mission is geared towards providing opportunities for underprivileged children. They achieve this by organizing recreational fishing events through various fishing programs. By doing so, they offer these children a day filled with fun and excitement, fostering a sense of joy and learning. The organization's primary goal is to provide these children with an experience that they may not otherwise have access to, thereby enriching their lives.
Who is the CEO of Los Angeles Rod And Reel Club Fd Foundation?
Steve Simon is the Co Chairman of Los Angeles Rod And Reel Club Fd Foundation.
What is the revenue of Los Angeles Rod And Reel Club Fd Foundation?
Los Angeles Rod And Reel Club Fd Foundation's revenue in 2022 was $107,279.
Who are the executives of Los Angeles Rod And Reel Club Fd Foundation and what are their salaries?
There 50 volunteers at Los Angeles Rod And Reel Club Fd Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Los Angeles Rod And Reel Club Fd Foundation?
Los Angeles Rod And Reel Club Fd Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Los Angeles Rod And Reel Club Fd Foundation
The Los Angeles Rod and Reel Club Fd Foundation's mission revolves around providing underprivileged children with the opportunity to engage in recreational fishing. They achieve this objective by organizing various fishing programs and taking over 400 children for a day of fishing. This initiative aims to offer these children an enjoyable and enriching experience, thereby contributing to their overall development.
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Impact
October, 2024
The Los Angeles Rod And Reel Club Fd Foundation significantly impacts the lives of underprivileged children by providing them with memorable experiences through recreational fishing. Each year, the foundation takes over 400 children out for a day of fishing, allowing them to connect with nature, learn valuable skills, and enjoy the joys of outdoor activities. This initiative not only fosters an appreciation for the environment and fishing but also builds self-confidence and camaraderie among participants. By engaging children in these fishing programs, the foundation creates lasting memories and enhances their overall well-being, contributing positively to their lives.
This information is meant to be a general summary of Los Angeles Rod And Reel Club Fd 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 2022.
- Investment Income: $1,600
- Gross Receipts: $107,279
Assets and Liabilities:
- Total Assets: $285,588
- Total Liabilities: $0
- Net Assets: $285,588
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Organization Details
Founding Year
1951
Phone
(310) 995-3592Principal Officer
Steve Simon
Main Address
1751 ANDREO B, TORRANCE, CA, 90501
NTEE Category
Code: N61 - Recreation
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