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Gifts Of Love Inc

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

EIN: 061309318 ✦ Avon, CT ✦ Designated as a 501(c)(3)

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Overview

What is Gifts Of Love Inc?

Gifts of Love Inc. is a compassionate nonprofit organization based in Avon, Connecticut. With a team of 14 dedicated individuals, they strive to assist families in the Greater Hartford area grappling with short-term financial crises. Their primary mission is to provide essential necessities, enabling these families to regain self-sufficiency. Through their services, individuals can select food items, including nutritious options, along with personal hygiene products, clothing, and household items once a month. Notably, they offer the Weekend Backpack Program, providing easy-to-prepare meals, snacks, and drinks to students in need, alleviating hunger over weekends. Additionally, Gifts of Love rescues surplus food from local supermarkets, such as Fitzgerald's, Big Y, Stop and Shop, and Whole Foods, to ensure no waste and make it available to their clients. This thoughtful organization also serves several schools in the area, demonstrating a deep commitment to community welfare.


Official website here: www.giftsoflovect.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% - Four-Star out of Four Star rating from Charity Navigator.

Gifts Of Love Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity scored exceptionally well in various metrics, including an independent board composed entirely of independent members and robust financial oversight through an audit committee, indicating a solid governance structure.

The organization demonstrates a high level of transparency, with all required documents, such as tax forms and meeting minutes, readily available on its website. Additionally, it maintains a low liabilities-to-assets ratio, showcasing sound financial health that enables it to focus its resources effectively on its programs.

While the charity's program expense ratio is commendable, at 68.3%, it suggests that there is still room for improvement in channeling even more funds directly into its programs. Overall, Gifts Of Love Inc stands out for its strong governance practices and financial integrity.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Gifts Of Love Inc?

94% of users recommend Gifts Of Love Inc based on 10 reviews. Here’s a brief overview of their sentiments:

There is a strong appreciation for the organization, with many expressing gratitude for the impactful work it does within the community. Reviewers highlight how the nonprofit is directly contributing to meaningful change in their local area, which resonates well with supporters.

Overall, the sentiment is overwhelmingly positive, with individuals feeling proud to support an organization that makes a tangible difference in their own neighborhoods.


This AI summary has been generated from reviews found on Facebook.

Is Gifts Of Love Inc legitimate?

Gifts Of Love Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gifts Of Love 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: $23,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,948

For more financial information, click here


Official website here: www.giftsoflovect.org

What is the mission statement of Gifts Of Love Inc?

Gifts of Love Inc's mission is to assist individuals and families in overcoming short-term financial crises in various communities, enabling them to regain self-sufficiency. The organization provides essential items such as food, clothing, and household items, allowing clients to make personalized choices. The food distribution includes nutrition education, guiding clients towards healthier options. Additionally, Gifts of Love offers the Weekend Backpack Program, providing food supplies to students in need throughout the week, and the Retail Rescue Program, obtaining surplus food from local supermarkets for distribution. The organization serves multiple schools in the area, ensuring that allergies are addressed and food is safe for consumption.


Official website here: www.giftsoflovect.org

Who is the CEO of Gifts Of Love Inc?

Robert Wong is the President of Gifts Of Love Inc.


Official website here: www.giftsoflovect.org

What is the revenue of Gifts Of Love Inc?

Gifts Of Love Inc's revenue in 2022 was $954,654.


Official website here: www.giftsoflovect.org

Who are the executives of Gifts Of Love Inc and what are their salaries?

The average compensation at Gifts Of Love Inc during 2022 was $20,584. There are 14 employees and 203 volunteers at Gifts Of Love Inc.


Here are 8 key members and their salaries:


Ashely Born (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Riley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maura Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Tedone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Walz (Director, Thru June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gray (Exec Director)
  • Compensation: $15,127
  • Related: $0
  • Other: $0


Official website here: www.giftsoflovect.org

Where can I find the form 990 for Gifts Of Love Inc?

Gifts Of Love Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.giftsoflovect.org

Learn more at the official website: www.giftsoflovect.org

Mission Statement of Gifts Of Love Inc

Gifts of Love Inc, a nonprofit organization, is committed to addressing the basic needs of individuals and families in the Greater Hartford area who are currently experiencing a short-term financial crisis. Their mission is to help these individuals and families regain self-sufficiency. They accomplish this by providing a selection of essential items such as meat, fresh produce, baked goods, non-perishable foods, paper products, and personal hygiene items once a month. This service not only meets the immediate needs of the individuals but also educates them about food nutrition, guiding them towards healthier food choices.

In addition to food provisions, Gifts of Love Inc offers in-season clothing and household items like bed linens, towels, curtains, pots, pans, dishes, and small appliances. They also run the Weekend Backpack Program, which provides easy-to-prepare meals, snacks, and drinks to students in the Greater Hartford area who receive free or reduced-cost lunches. This program helps ensure that families have food supplies over the weekend. Furthermore, Gifts of Love Inc collaborates with local supermarkets to rescue food that would otherwise be wasted, making it available to their clients. These services all contribute to Gifts of Love Inc's mission of helping individuals and families in financial crisis regain self-sufficiency.

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Impact




July, 2024

Gifts of Love Inc's impact is profound in the Greater Hartford area, where they assist individuals and families experiencing short-term financial crises. By providing basic needs services such as food, clothing, and household items, they not only help alleviate immediate hardships but also empower their clients to move towards self-sufficiency. Through programs like the Weekend Backpack and Retail Rescue, they ensure that children have access to nutritious meals even outside of school hours. Their commitment to addressing the fundamental needs of the community underscores their dedication to improving overall health and well-being for those they serve. The organization's impact extends beyond just meeting tangible needs, as they also provide education and guidance to promote healthier food choices and empower individuals to make positive changes in their lives.




This information is meant to be a general summary of Gifts Of Love 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.

Revenue
$954,654 (2022)
Expenses
$1,314,310 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $866
  • Program Service Revenue: $5,450
  • Gross Receipts: $1,094,791

Assets and Liabilities:

  • Total Assets: $1,299,825
  • Total Liabilities: $131,133
  • Net Assets: $1,168,692

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Programs

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

PROGRAM INCOME

Revenue

$5,450

Organization Details

Founding Year

1989

Principal Officer

Robert Wong

Main Address

PO BOX 463, AVON, CT, 06001

NTEE Category

Code: P600 - Human services

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