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Love Never Fails International Inc

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

EIN: 061735294 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Love Never Fails International Inc?

Love Never Fails International Inc, headquartered unspecified, is a nonprofit organization led by William J Quinn. Their primary objective is to extend aid to low-income families and children. Through their educational services, they strive to make a positive impact on these vulnerable communities, ensuring they have the necessary support to thrive. The organization's mission is to provide assistance, focusing on the specific needs of children and their families in financial hardship.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)

Love Never Fails International Inc (LNFI) has received a Two-Star rating from Charity Navigator, indicating that while there are strengths, there are also significant areas for improvement. The organization excels in having an independent board and a strong program expense ratio, but it struggles with financial transparency, as evidenced by a score of zero in key areas such as financial statements and policy documentation.

User reviews from Great Nonprofits paint a highly positive picture of LNFI's impact on at-risk children. Donors, volunteers, and former staff commend the organization for its effective after-school programs, which focus on mentorship and support, resulting in improved academic performance and personal development for participating children. Many volunteers express a deep emotional connection and satisfaction in their roles, highlighting the organization's commitment to providing a nurturing environment.

Despite its positive feedback from users, the financial management concerns identified by Charity Navigator may affect its sustainability and overall trust among potential donors. Addressing these issues could enhance its operational efficiency and accountability, further strengthening its mission of empowering children through love and support, ultimately ensuring that it can continue to make a lasting difference in their lives.


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

Is Love Never Fails International Inc legitimate?

Love Never Fails International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Never Fails International 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,193

For more financial information, click here

What is the mission statement of Love Never Fails International Inc?

Love Never Fails International Inc is committed to assisting low-income children and families. Their mission, as stated, is centered around providing aid to those in need. The organization offers educational services as a means to achieve this goal. They strive to make a positive impact on the lives of these children and families, working towards a more equitable society where everyone has access to essential resources. While the specifics of their programs and initiatives are not detailed, it is clear that Love Never Fails International Inc prioritizes the welfare of low-income families and children, providing them with the support they need to thrive.

Who is the CEO of Love Never Fails International Inc?

William J Quinn is the Pres of Love Never Fails International Inc.

What is the revenue of Love Never Fails International Inc?

Love Never Fails International Inc's revenue in 2022 was $595,724.

Who are the executives of Love Never Fails International Inc and what are their salaries?

The average compensation at Love Never Fails International Inc during 2022 was $16,566. There are 18 employees and 25 volunteers at Love Never Fails International Inc.


Here are 3 key members and their salaries:


William Quinn (Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Bates (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebekah Carlson (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Love Never Fails International Inc?

Love Never Fails International Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Love Never Fails International Inc

Love Never Fails International, a non-profit organization, is committed to assisting low-income children and families. Their mission, as stated by their leader, William J Quinn, is centered around providing essential help to those in need. This assistance extends to the educational sector, highlighting their dedication to uplifting the lives of the less fortunate. By offering educational services, Love Never Fails International aims to contribute positively to the community, fostering opportunities for growth and development among the children and families they serve.

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Impact




July, 2024

Love Never Fails International Inc's impact is significant in providing educational services to low-income children and families in Fort Worth, TX. Under the leadership of William J Quinn, the organization is dedicated to assisting those in need by offering support and resources to improve their educational outcomes. Through their mission of providing assistance to low-income individuals, Love Never Fails International is making a positive difference in the lives of underserved communities.




This information is meant to be a general summary of Love Never Fails International 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
$595,724 (2022)
Expenses
$437,235 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $53
  • Program Service Revenue: $218,782
  • Gross Receipts: $595,724

Assets and Liabilities:

  • Total Assets: $619,931
  • Total Liabilities: $0
  • Net Assets: $619,931

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Organization Details

Founding Year

2005

Principal Officer

William J Quinn

Main Address

C/O WJQUINN 9009 SIROCKA DR, FORT WORTH, TX, 76116

NTEE Category

Code: B90 - Education

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