Lynchburg Community Action Group I Group Inc

Lyncag

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540797340 ✦ Lynchburg, VA ✦ Designated as a 501(c)(3)

Overview

What is Lynchburg Community Action Group I Group Inc?

Lynchburg Community Action Group I Group Inc, often referred to as LynCAG, is a nonprofit organization headquartered at 1010 Main Street, Lynchburg, Virginia. Established with a mission to carry out community action programs, LynCAG primarily secures funding through agency programs and grants from local, state, and federal agencies. Compliance with grant conditions and additional requirements are essential elements of these grants. The organization's flagship program, Lyn-CAG Head Start, focuses on the education and development of 3, 4, and 5-year-olds. Last year, the Head Start program showed improvements in school readiness, with a decrease in scores across various developmental areas, including social emotional, physical, language, cognitive, literacy, and math. In response to these findings, the School Readiness Education Committee has decided to place a greater emphasis on language and literacy development during the 2022-2023 school year by providing teachers with specialized training. LynCAG's commitment to its community extends beyond education, addressing a wide range of social issues. The organization's overall goal is to positively impact the lives of its community members and ensure they have access to essential resources and services.


Is Lynchburg Community Action Group I Group Inc legitimate?

Lynchburg Community Action Group I Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynchburg Community Action Group I Group 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,052,032

For more financial information, click here


What is the mission statement of Lynchburg Community Action Group I Group Inc?
Who is the CEO of Lynchburg Community Action Group I Group Inc?
What is the revenue of Lynchburg Community Action Group I Group Inc?
Who are the executives of Lynchburg Community Action Group I Group Inc and what are their salaries?
Where can I find the form 990 for Lynchburg Community Action Group I Group Inc?

Mission Statement of Lynchburg Community Action Group I Group Inc

Lynchburg Community Action Group Inc, a nonprofit corporation, is dedicated to executing community action programs. These programs are primarily funded through revenue from various agency programs and grants received from local, state, and federal agencies. It's important to note that these grants often come with specific conditions and additional requirements, such as the provision of certain cash or non-cash contributions. The organization's mission, therefore, involves adhering to these terms while effectively carrying out its community action initiatives.

Impact

This information is meant to be a general summary of Lynchburg Community Action Group I Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Lynchburg Community Action Group I Group Inc, through its Lynchburg Community Action Group program, has made significant strides in improving school readiness among 3, 4, and 5-year-olds in the Lynchburg area. By implementing approaches to learning strategies and assessments, they have seen positive results in various developmental areas. Notably, their focus on increasing language and literacy development for the upcoming school year demonstrates a commitment to ensuring the educational preparedness of young children in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $127,978
  • Gross Receipts: $4,188,076

    • Assets and Liabilities:
  • Total Assets: $1,307,747
  • Total Liabilities: $362,413
  • Net Assets: $945,334
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER PROGRAM INCOME

    Revenue

    $30,580

    OTHER PROGRAM INCOME

    Revenue

    $27,880

    OTHER PROGRAM INCOME

    Revenue

    $19,300

    OTHER PROGRAM INCOME

    Revenue

    $17,368

    OTHER PROGRAM INCOME

    Revenue

    $7,241

    Organization Details

    Principal Officer

    Sandra Ferguson

    Main Address

    1010 MAIN STREET, LYNCHBURG, VA, 24504

    NTEE Category

    Code: S20 - Community improvement

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