Limbs for Life Foundation
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Limbs for Life Foundation does not meet the following 2 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
LFL does not meet this Standard because:
- The organization's effectiveness assessment policy does not specify that this assessment will take place at least once every two years.
Standard 10 (Ending Net Assets)
Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.
LFL does not meet this Standard because:
- According to its 2023 audited financial statements, the organization's total unrestricted net assets were $12,714,031, or 10 times the charity's total budgeted expenses of $1,236,664.
Limbs for Life Foundation meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
"to provide fully-functional prosthetic care for individuals who cannot otherwise afford it and to raise awareness of challenges facing amputees."
Year, State Incorporated:
1992, OK
Limbs for Life Foundation (LFL) partners with clinics across the United States to provide prosthetic care for individuals who cannot afford it. The organization also accepts donated prosthetic limbs and redistributes prosthetic components around the world. Lastly, LFL provides information, referrals, and social networks to amputees. In 2023, LFL served approximately 2,024 clients with 154 amputees receiving 162 new prosthetic limbs.
For the year ended December 31, 2023, Limbs for Life Foundation's program expenses were:
| Patient assistance program | $784,247 |
| Community education and volunteer recruitment | $12,942 |
| Total Program Expenses | $797,189 |
Chief Executive
Randy Titony, Executive Director
Compensation*
$144,448
Chair of the Board
Matthew Brown
Chair's Profession / Business Affiliation
Director of Research, Human Capital Management, Ventana Research
Board Size
11
Paid Staff Size
7
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events
Fundraising costs were 33% of related contributions. (Related contributions, which totaled $611,075, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Limbs for Life Foundation's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Investment income, net | $-65,676 |
| Distribution from Oklahoma City Community Foundation Endowment | $5,316 |
| Special events, net | $91,936 |
| Grants and sponsorships | $124,346 |
| Contributions | $179,534 |
| In-kind contributions | $215,259 |
| Total Income | $550,715 |
Programs: 72% Fundraising: 18% Administrative: 10%
| Total Income | $550,715 |
| Total expenses: | $1,111,089 |
| Program expenses | $797,189 |
| Fundraising expenses | $204,208 |
| Administrative expenses | $109,692 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-560,374 |
| Beginning Net Assets | $11,944,363 |
| Other Changes In Net Assets | $1,440,703 |
| Ending Net Assets | $12,824,692 |
| Total Liabilities | $24,958 |
| Total Assets | $12,849,650 |
Note 1: As noted in the financial section above, "other changes in net assets" refers to unrealized change in market value ($1,441,065) and loss on disposition of assets (-$362).
Note 2: According to the organization's 2023 audited financial statements, LFL received in-kind contributions totaling $215,259 in the form of prosthetic components.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance