nonprofit logo

Scarlet Hope Inc

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

EIN: 270804557 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Scarlet Hope Inc?

Scarlet Hope Inc, based in Louisville, Kentucky at 2300 Sycamore Ave, is a compassionate nonprofit organization dedicated to aiding women who are looking to transition out of the adult entertainment industry. They provide a variety of support services, including job training, counseling, career coaching, and offering meals. Their recent focus on centralizing operations has allowed local sites to boost efficiency, enabling the staff to devote more time to program delivery. Over the past year, Scarlet Hope Inc has served numerous clients and developed a curriculum to empower local churches to better assist these women in their journey towards a new life.


Official website here: www.scarlethope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 37%

Scarlet Hope Inc has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to its low score of 37%. The rating reflects concerns regarding accountability and finance, with significant deductions for the absence of financial statements. Though the organization received high marks for having a fully independent board and various governance policies, the lack of transparency in financial reporting has significantly affected its overall score.

User feedback on Great Nonprofits presents a more positive perspective. A donor highlighted the impact of Scarlet Hope's work in assisting women in the exotic dance industry, noting the organization's frugal management and commitment to providing quality support. This donor's experience illustrates a personal connection to the mission and suggests that, despite the financial rating, the organization is viewed positively by some members of the community it serves.

However, the limitations in financial transparency and the low program expense ratio raise concerns about the organization's operational sustainability. To improve its standing, Scarlet Hope Inc may need to enhance its financial reporting practices while continuing to focus on the meaningful work it provides to its beneficiaries.


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

Is Scarlet Hope Inc legitimate?

Scarlet Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scarlet Hope 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: $586,178

For more financial information, click here


Official website here: www.scarlethope.org

What is the mission statement of Scarlet Hope Inc?

Scarlet Hope Inc's mission is centered around assisting women in transitioning out of the adult entertainment industry. They achieve this by providing various support services such as job training, counseling, career coaching, and offering meals. Recently, they have centralized their operations to enhance efficiency at local sites, allowing their staff to focus more on program delivery. Over the past year, Scarlet Hope has served numerous clients and released a curriculum to equip local churches in their mission.


Official website here: www.scarlethope.org

Who is the CEO of Scarlet Hope Inc?

Rachelle Starr is the Board Member of Scarlet Hope Inc.


Official website here: www.scarlethope.org

What is the revenue of Scarlet Hope Inc?

Scarlet Hope Inc's revenue in 2023 was $1,469,754.


Official website here: www.scarlethope.org

Who are the executives of Scarlet Hope Inc and what are their salaries?

The average compensation at Scarlet Hope Inc during 2023 was $23,447. There are 25 employees and 100 volunteers at Scarlet Hope Inc.


Here are 6 key members and their salaries:


Brian Howard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Bates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Riggs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachelle Starr (President)
  • Compensation: $63,269
  • Related: $0
  • Other: $0
Sherry Fields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Black (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scarlethope.org

Where can I find the form 990 for Scarlet Hope Inc?

Scarlet Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.scarlethope.org

Learn more at the official website: www.scarlethope.org

Mission Statement of Scarlet Hope Inc

Scarlet Hope Inc, a nonprofit organization, is dedicated to assisting women in transitioning out of the adult entertainment industry. Their primary mission is to provide support through various means, including job training, counseling, career coaching, and offering meals. By centralizing their operations over the past year, each local site has been able to enhance its efficiency, allowing staff to focus more on program delivery. The organization has served numerous clients and released a curriculum aimed at equipping local churches to aid in this mission.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Scarlet Hope Inc. significantly impacts the lives of women transitioning out of the adult entertainment industry. By offering comprehensive support through job training, counseling, and career coaching, the organization empowers these women to rebuild their lives and develop new skills for sustainable careers.

In the past year, operations have been streamlined, enabling local sites to enhance their efficiency and better focus on delivering essential programs. Thousands of clients have benefited from their services, along with the introduction of a tailored curriculum designed to equip local churches to support these women in their journeys. Through these initiatives, Scarlet Hope fosters a community of healing and growth, helping women reclaim their lives and pursue brighter futures.




This information is meant to be a general summary of Scarlet Hope 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
$1,469,754 (2023)
Expenses
$1,373,556 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$12,486
  • Program Service Revenue: $20,541
  • Gross Receipts: $1,483,491

Assets and Liabilities:

  • Total Assets: $866,068
  • Total Liabilities: $186,254
  • Net Assets: $679,814

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Network Income

Revenue

$20,541

Organization Details

Founding Year

2009

Principal Officer

Rachelle Starr

Main Address

2305 Sycamore Ave, Louisville, KY, 40206

NTEE Category

Code: P20 - Human services

If you are a representative of Scarlet Hope Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.