Overview
What is Tender Loving Care Center For Children?
Tender Loving Care Center for Children is a nonprofit organization situated in Port Arthur, Texas, with a focus on building robust communities. They achieve this goal by offering educational programs and financial counseling to stabilize families. The organization is particularly skilled in developing affordable housing, addressing a critical need in many communities. With a team of 24 dedicated individuals, Tender Loving Care Center for Children aims to improve lives and contribute to the overall well-being of families in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Tender Loving Care Center For Children received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance practices. The charity's score is primarily based on its performance in these areas, with a notable accountability and finance score of 78%, reflecting its strong governance and financial oversight.
The organization has demonstrated significant strengths, including a fully independent board and an exemplary audit and oversight committee. It also adheres to key financial policies, such as conflict of interest and document retention, which enhance its operational transparency. The program expense ratio and working capital ratio scores are also commendable, suggesting that the majority of its funds are directed toward fulfilling its mission.
However, the organization scored zero points for the size of its independent board, which could be seen as a limitation. This aspect raises questions about the diversity of perspectives at the governance level. Overall, while Tender Loving Care Center For Children shows strong financial and accountability practices, the board composition is an area that could benefit from improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Tender Loving Care Center For Children legitimate?
Tender Loving Care Center For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tender Loving Care Center For Children 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: $936,246
For more financial information, click here
What is the mission statement of Tender Loving Care Center For Children?
The Tender Loving Care Center for Children aims to foster strong communities by focusing on the education and stabilization of families. Their specialized areas include the development of affordable housing and the provision of financial counseling. By offering these services, they aim to contribute positively to the well-being of families and the overall strength of their communities.
Who is the CEO of Tender Loving Care Center For Children?
Vivian Ballou is the Executive Di of Tender Loving Care Center For Children.
What is the revenue of Tender Loving Care Center For Children?
Tender Loving Care Center For Children's revenue in 2022 was $5,897,368.
Who are the executives of Tender Loving Care Center For Children and what are their salaries?
The average compensation at Tender Loving Care Center For Children during 2022 was $39,010. There are 24 employees at Tender Loving Care Center For Children.
Here are 4 key members and their salaries:
- Compensation: $120,783
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tender Loving Care Center For Children?
Tender Loving Care Center For Children's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tender Loving Care Center For Children
Tender Loving Care Center for Children is dedicated to strengthening communities by focusing on the education and stabilization of families. This nonprofit organization specializes in two key areas: the development of affordable housing and the provision of financial counseling. By addressing these needs, Tender Loving Care Center for Children aims to contribute to the overall well-being and stability of the communities it serves. The organization's mission is to create a supportive environment for families, helping them navigate financial challenges and secure affordable housing, ultimately fostering stronger and more resilient communities.
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Impact
October, 2024
Tender Loving Care Center for Children significantly impacts the community by focusing on the education and stabilization of families, thereby fostering strong, resilient neighborhoods. By specializing in the development of affordable housing, the Center addresses a critical need for secure living conditions, ensuring families have a stable foundation from which they can thrive.
Moreover, by providing financial counseling, the Center equips families with the tools and knowledge needed to manage their finances effectively. This combination of affordable housing and financial education not only helps families achieve economic stability but also empowers them to build a better future. As a result, the Center plays a vital role in enhancing the overall well-being of the Port Arthur community, contributing to stronger social bonds and healthier family dynamics.
This information is meant to be a general summary of Tender Loving Care Center For Children. 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.
- Investment Income: -$70,060
- Program Service Revenue: $96,188
- Gross Receipts: $7,283,334
Assets and Liabilities:
- Total Assets: $4,644,340
- Total Liabilities: $2,787,025
- Net Assets: $1,857,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROFESSIONAL SERVICES
Revenue
$96,188
Organization Details
Founding Year
2008
Phone
(409) 832-2723Principal Officer
Vivian Ballou
Main Address
3800 PARK LANE, PORT ARTHUR, TX, 77642
NTEE Category
Code: P33 - Human services
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