Overview
What is Precious Life Center?
Precious Life Center is a nonprofit organization that offers essential support to local community members. Their primary mission involves providing clothing, education, and transportation services to individuals in need. Additionally, they offer medical assistance, further highlighting their commitment to holistic community health. The center's clinical services aim to enhance the overall well-being of its beneficiaries, ensuring they have access to necessary healthcare resources.
Official website here: www.preciouslicenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 24%
Precious Life Center holds a low rating of 24%, indicating significant concerns regarding its accountability and financial management. The organization has no independent board members, lacks crucial financial statements, and has a poor program expense ratio of 29.50%. Additionally, the absence of a conflict of interest policy raises further red flags about governance practices.
Despite these weaknesses, user reviews on Great Nonprofits highlight positive experiences from clients and volunteers. Many commend the organization's food pantry services, which assist individuals and families facing financial hardship. Clients express gratitude for the comprehensive support provided, including home care services and regular food assistance.
Overall, while Precious Life Center is appreciated by those it serves for its community support, the financial management and governance issues outlined by Charity Navigator warrant caution for potential donors. The disparity between user satisfaction and accountability metrics suggests a need for improvement in organizational practices.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Precious Life Center legitimate?
Precious Life Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Life Center 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: $13,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,754
For more financial information, click here
Official website here: www.preciouslicenter.org
What is the mission statement of Precious Life Center?
The Precious Life Center's mission is centered around providing essential support to local individuals. This includes supplying clothing, facilitating education, and offering transportation services. Moreover, they extend their aid to medical needs, offering clinical community health services. The organization's objective is to enhance the lives of these individuals by addressing their basic needs and health requirements.
Official website here: www.preciouslicenter.org
Who is the CEO of Precious Life Center?
Akosua Yeboah is the Founder of Precious Life Center.
Official website here: www.preciouslicenter.org
What is the revenue of Precious Life Center?
Precious Life Center's revenue in 2022 was $892,308.
Official website here: www.preciouslicenter.org
Who are the executives of Precious Life Center and what are their salaries?
The average compensation at Precious Life Center during 2022 was $8,322. There are 24 employees at Precious Life Center.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.preciouslicenter.org
Where can I find the form 990 for Precious Life Center?
Precious Life Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preciouslicenter.org
Learn more at the official website: www.preciouslicenter.org
Mission Statement of Precious Life Center
Precious Life Center, a nonprofit organization, is devoted to assisting local individuals in various ways. Its primary mission involves providing essential resources such as clothing, education, and transportation. Beyond these essentials, Precious Life Center also extends its reach to medical assistance, offering clinical community health services. This holistic approach aims to address the diverse needs of the community, ensuring individuals have the necessary support to navigate their daily lives.
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Impact
October, 2024
Precious Life Center profoundly impacts the Cincinnati community by addressing essential needs through a multifaceted approach. By providing clothing, education, transportation, and medical assistance, the center empowers local individuals to improve their quality of life.
Through its educational programs, Precious Life Center enhances skills and knowledge, fostering personal and professional growth. The provision of clothing ensures that individuals and families have access to basic necessities, promoting dignity and self-sufficiency. Additionally, the transportation services enable access to critical resources and opportunities, which can significantly alter life trajectories.
The center’s commitment to clinical community health services further underscores its holistic approach, addressing not just physical health but also the social determinants that influence well-being. By weaving together these various forms of assistance, Precious Life Center plays a vital role in supporting individuals in overcoming barriers and achieving sustainable, positive change in their lives.
This information is meant to be a general summary of Precious Life Center. 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: $5,560
- Program Service Revenue: $857,998
- Gross Receipts: $945,748
Assets and Liabilities:
- Total Assets: $249,672
- Total Liabilities: $0
- Net Assets: $249,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MOLINA HEALTHCARE
Revenue
$55,222
STATE OF OHIO
Revenue
$537,020
BUCKEYE COMMUNITY HEALTH PLAN INC
Revenue
$39,993
COUNCIL ON AGING S W OHIO
Revenue
$32,931
AREA AGENCY ON AGING
Revenue
$26,096
Organization Details
Founding Year
2014
Phone
(513) 563-7283Principal Officer
Akosua Yeboah
Main Address
11406 READING RD, Cincinnati, OH, 45241
Website
www.preciouslicenter.orgNTEE Category
Code: B90 - Education
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