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:
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- Compensation: $63,269
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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.
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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.
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
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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
Phone
(502) 409-4619Principal Officer
Rachelle Starr
Main Address
2305 Sycamore Ave, Louisville, KY, 40206
Website
www.scarlethope.orgNTEE Category
Code: P20 - Human services
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