Overview
What is Love Inc Of North Oakland County?
Love Inc of North Oakland County is a nonprofit organization situated in Lake Orion, Michigan. Their primary mission is to connect individuals in need with essential resources, operating as a clearinghouse to facilitate this process. They are a cooperative effort involving churches, volunteers, and various service agencies, all working together to serve the disadvantaged segment of society. With a small team of three dedicated employees, Love Inc of North Oakland County plays a significant role in helping those in need, bridging the gap between those seeking assistance and the organizations that can provide it.
Official website here: www.loveincofnoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
Love Inc Of North Oakland County has received a low score of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a majority of independent board members and demonstrates no material diversion of assets, it lacks essential policies such as conflict of interest and whistleblower protections. These deficiencies contribute to its overall low rating.
The organization's financial health appears to be problematic, as evidenced by a program expense ratio of only 31.26%, suggesting that a limited portion of its expenditures are directed towards program services. Additionally, its liabilities to assets ratio stands at 1.39%, raising further concerns about its financial stability and sustainability.
Despite some positive attributes, such as documented board meeting minutes and a tax form listed on their website, the absence of crucial governance policies leaves room for improvement. Stakeholders and potential donors may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Love Inc Of North Oakland County legitimate?
Love Inc Of North Oakland County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of North Oakland County 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: $49,885
Professional Fundraising Fees: $677
Other Salaries and Wages: $66,068
For more financial information, click here
Official website here: www.loveincofnoc.org
What is the mission statement of Love Inc Of North Oakland County?
Love Inc of North Oakland County operates as a collaborative effort between churches, volunteers, and service agencies, with the mission to serve the disadvantaged. This non-profit organization acts as a clearinghouse, helping individuals in need connect with resources to meet their various requirements. Its primary objective is to link various resources and entities to effectively address the needs of the disadvantaged community.
Official website here: www.loveincofnoc.org
Who is the CEO of Love Inc Of North Oakland County?
Patricia Duke is the Executive Director of Love Inc Of North Oakland County.
Official website here: www.loveincofnoc.org
What is the revenue of Love Inc Of North Oakland County?
Love Inc Of North Oakland County's revenue in 2022 was $154,749.
Official website here: www.loveincofnoc.org
Who are the executives of Love Inc Of North Oakland County and what are their salaries?
The average compensation at Love Inc Of North Oakland County during 2022 was $38,651. There are 3 employees and 100 volunteers at Love Inc Of North Oakland County.
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Official website here: www.loveincofnoc.org
Where can I find the form 990 for Love Inc Of North Oakland County?
Love Inc Of North Oakland County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loveincofnoc.org
Learn more at the official website: www.loveincofnoc.org
Mission Statement of Love Inc Of North Oakland County
Love Inc of North Oakland County operates as a cooperative effort, linking churches, volunteers, and service agencies to serve the disadvantaged. Their mission, in essence, is to bridge the gap between those in need and the resources available to aid them. This non-profit organization functions as a clearinghouse, facilitating connections and providing assistance to individuals seeking help. By leveraging the collective resources of churches, volunteers, and service agencies, Love Inc of North Oakland County strives to make a meaningful impact in the lives of the disadvantaged.
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Impact
October, 2024
Love Inc Of North Oakland County plays a crucial role in addressing the needs of disadvantaged individuals and families in the community. By fostering collaboration among local churches, volunteers, and service agencies, it effectively connects people facing challenges to essential resources. This cooperative effort not only provides immediate assistance to those in need but also helps create a supportive network that empowers individuals to improve their situations over time.
The organization's clearinghouse facilitates access to various services, ensuring that no one has to navigate their struggles alone. This connection to a range of aid—from food and shelter to counseling and job training—helps to lift families out of poverty and contributes to the overall resilience of the community. The impact of Love Inc is felt as it helps restore dignity and hope to individuals, promoting a culture of compassion and support throughout Lake Orion and the surrounding areas.
This information is meant to be a general summary of Love Inc Of North Oakland County. 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.
- Gross Receipts: $154,749
Assets and Liabilities:
- Total Assets: $76,800
- Total Liabilities: $0
- Net Assets: $76,800
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Organization Details
Founding Year
2006
Principal Officer
Patricia Duke
Main Address
PO BOX 104, LAKE ORION, MI, 48361
Website
www.loveincofnoc.orgNTEE Category
Code: X20 - Religion related
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