Overview
What is Single Momm?
Single Momm is a nonprofit organization, rooted in faith, dedicated to empowering single mothers and their children towards self-sufficiency. They accomplish this through various methods, including providing continuous social support across economic circumstances, boosting a woman's self-efficacy, self-esteem, and emotional intelligence, and fostering resilient households. The organization offers mentorship, small group courses, classes, and leadership development to enhance personal growth. Additionally, they assist in identifying and addressing personal and circumstantial deficiencies, providing pathways for growth. Residential and vocational opportunities are also available to improve emotional and financial well-being. With resources, materials, and educational modules, they train communities and leaders to effectively help single mothers, ultimately offering opportunities for independence. Based in Michigan, they served 874 families during the 2022-2023 fiscal year through their Mentorship 360 program, offering financial assistance when necessary.
Official website here: www.singlemomm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Single Momm has received a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. The organization has demonstrated a commitment to transparency and governance, with an independent board comprised entirely of members with no conflicts of interest. This reflects a robust oversight structure which is crucial for maintaining donor trust.
The financial metrics are particularly impressive, with a program expense ratio of 87.94%, meaning a significant portion of spending is directed toward its mission-related activities. Additionally, the organization has shown no material diversion of assets, which reinforces its financial integrity. Its liabilities to assets ratio is also low at 2.29%, suggesting sound financial health.
While the data highlights strong performance, it is essential for potential donors to consider how these financial metrics translate into the organization's overall impact. Continuous engagement and communication with the community it serves would further enhance its reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Single Momm legitimate?
Single Momm is a legitimate nonprofit organization registered as a 501(c)(3) entity. Single Momm 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: $423,605
For more financial information, click here
Official website here: www.singlemomm.org
What is the mission statement of Single Momm?
Single Momm, through a faith-based approach, aims to guide single mothers and their children towards healthy independence. This is achieved by providing ongoing social support across various economic circumstances, establishing a trusting and safe relational foundation, and increasing the likelihood of maintaining healthy independent gains. The organization also works on enhancing a woman's self-efficacy, self-esteem, and emotional intelligence through mentorship, small group courses, classes, and leadership development. Furthermore, Single Momm empowers women to create resilient households by identifying personal and circumstantial deficiencies and providing pathways for growth. Additionally, they offer residential and vocational opportunities to improve the emotional and financial lives of women and their children. Lastly, the organization provides resources, materials, and educational modules to train communities and individual leaders on effectively assisting and providing opportunities for single mothers.
Official website here: www.singlemomm.org
Who is the CEO of Single Momm?
Jennifer Finnegan Pool is the Treasurer of Single Momm.
Official website here: www.singlemomm.org
What is the revenue of Single Momm?
Single Momm's revenue in 2023 was $1,130,079.
Official website here: www.singlemomm.org
Who are the executives of Single Momm and what are their salaries?
The average compensation at Single Momm during 2023 was $32,585. There are 13 employees and 482 volunteers at Single Momm.
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Official website here: www.singlemomm.org
Where can I find the form 990 for Single Momm?
Single Momm's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.singlemomm.org
Learn more at the official website: www.singlemomm.org
Mission Statement of Single Momm
Single Momm, through a faith-based approach, aims to guide single mothers and their children towards healthy independence. This nonprofit organization accomplishes this goal in various ways. Firstly, it provides ongoing social support across economic circumstances, establishing a safe and trusting relationship with the single mothers. This approach increases the likelihood of maintaining healthy independent gains.
Secondly, Single Momm focuses on boosting a woman's self-efficacy, self-esteem, and emotional intelligence. It achieves this through mentorship, small group courses, classes, and leadership development programs. By empowering women in this manner, they are better equipped to create resilient households.
Thirdly, the organization identifies personal and circumstantial deficiencies in women and provides pathways for growth. This empowerment strategy is crucial in helping single mothers create strong, financially stable households.
Lastly, Single Momm offers residential and vocational opportunities to improve the emotional and financial lives of women and their children. Additionally, the organization establishes resources, materials, and educational modules that train communities and individual leaders on effectively assisting and providing opportunities for single mothers.
In summary, Single Momm guides single mothers and their children towards healthy independence through several methods. These include providing ongoing social support, boosting self-efficacy, empowering women to create resilient households, offering residential and vocational opportunities, and training communities and leaders to assist single mothers.
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Impact
October, 2024
Single Momm significantly influences the lives of single mothers and their children by fostering healthy independence through a multifaceted approach. Here are the key areas of impact:
1. **Social Support**: The organization meets single moms at their points of need, establishing trusting relationships and a safe environment. This ongoing support increases the likelihood that these mothers will maintain their progress toward independence, providing them with a strong network to rely on.
2. **Empowerment and Self-Development**: By enhancing self-efficacy, self-esteem, and emotional intelligence through mentorship and educational programs, Single Momm equips women with the necessary skills and confidence to navigate challenges and pursue personal growth.
3. **Creating Resilient Households**: Single Momm empowers women to identify both personal and situational deficiencies within their lives. This process helps them formulate actionable pathways for growth, fostering the creation of stable and resilient families.
4. **Residential and Vocational Opportunities**: The organization offers resources that improve the emotional and financial circumstances of mothers and their children, facilitating better access to housing, employment, and vocational training.
5. **Community Training and Resources**: By establishing educational materials and training for community leaders, Single Momm extends its impact beyond individual families, enabling broader community support for single mothers.
The Mentorship 360 initiative, characterized by personal story-driven approaches, delves into lifelong patterns and personal strengths, guiding women toward healthier independence. Participants engage in one-on-one mentoring that addresses crucial life skills, financial assessments, and emotional support. The result is a transformative experience; many women mentor with Single Momm go on to achieve long-term employment, pursue higher education, regain custody of their children, and work towards financial independence.
Throughout its operations, especially in rural areas of Northern Michigan, Single Momm has touched the lives of 874 families in a single fiscal year, demonstrating its profound commitment to uplifting single mothers and their children.
This information is meant to be a general summary of Single Momm. 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 2023.
- Investment Income: $2,563
- Program Service Revenue: $7,596
- Gross Receipts: $1,265,194
Assets and Liabilities:
- Total Assets: $960,067
- Total Liabilities: $22,039
- Net Assets: $938,028
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
A.R.R.I.S.E. PROGRAM FEES
Revenue
$4,008
EVENT NIGHTS
Revenue
$2,700
REVIVE COURSE FEES
Revenue
$888
Organization Details
Founding Year
2008
Phone
(231) 944-1710Principal Officer
Jennifer Finnegan Pool
Main Address
PO BOX 2442, TRAVERSE CITY, MI, 49685
Website
www.singlemomm.orgNTEE Category
Code: P42 - Human services
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