Overview
What is Touch Of Love International?
Touch of Love International (TOLI) is a Christ-centered microloan organization based in Colorado Springs, Colorado. With a team of five dedicated individuals, TOLI collaborates with churches and nonprofit ministries in impoverished areas, assisting them in reaching, empowering, and ministering to the most vulnerable members of their communities. TOLI recognizes that material resources are just one aspect of poverty and focuses on holistic approaches. By partnering with organizations committed to ministering in a comprehensive manner, TOLI invests in the creative potential of every individual, promoting human flourishing. Through small loans, business education, and Christian discipleship, TOLI restores human dignity and fosters growth, ultimately proclaiming Jesus Christ as the source of eternal freedom.
Official website here: www.touchofloveinternational.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
Touch of Love International has received a two-star rating from Charity Navigator, indicating areas that require improvement despite achieving a perfect score in accountability and finance. The organization boasts a robust independent board and maintains a low liabilities-to-assets ratio, which reflects strong financial health. However, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which detracts from its overall governance.
User feedback highlights the organization's commitment to sustainable development through initiatives such as micro-loans, education, and providing medical supplies. Reviews from board members underscore the significant impact Touch of Love has on impoverished communities, emphasizing that approximately 80% of donations are directed towards programs rather than administrative costs. This focus on effective resource allocation is praised by those involved.
Despite the positive reviews about its mission and financial management, the absence of critical governance policies raises concerns about its operational transparency. Strengthening these areas could enhance the organization's credibility and overall rating in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Touch Of Love International?
100% of 7 reviewers on Facebook recommend Touch Of Love International. Here is a summary of their reviews:
The nonprofit is commended for its mission of empowering impoverished communities globally, with particular praise for its efforts in Albania. Reviewers appreciate the positive impact the organization has on individuals and entire communities, suggesting a strong commitment to social improvement.
Overall, the sentiment is overwhelmingly positive, with supporters expressing gratitude for being part of such a meaningful initiative. Participants feel a sense of pride in contributing to an organization that prioritizes the betterment of lives around the world.
This AI summary has been generated from reviews found on Facebook.
Is Touch Of Love International legitimate?
Touch Of Love International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Touch Of Love International 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: $64,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,532
For more financial information, click here
Official website here: www.touchofloveinternational.com
What is the mission statement of Touch Of Love International?
Touch of Love International, a Christ-centered microloan organization, aims to restore human dignity and foster human flourishing by providing small loans, small business education, and Christian discipleship. The organization partners with churches and nonprofit ministries in impoverished areas to help them reach, empower, and minister to the most vulnerable in their communities. Believing that material resources are just one aspect of poverty, Touch of Love International engages with holistically-minded organizations to invest in the creative capacity of every individual while proclaiming that Jesus Christ is the source of true abundance and eternal freedom.
Official website here: www.touchofloveinternational.com
What is the revenue of Touch Of Love International?
Touch Of Love International's revenue in 2024 was $588,831.
Official website here: www.touchofloveinternational.com
Who are the executives of Touch Of Love International and what are their salaries?
The average compensation at Touch Of Love International during 2024 was $25,301. There are 7 employees at Touch Of Love International.
Here are 7 key members and their salaries:
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Official website here: www.touchofloveinternational.com
Where can I find the form 990 for Touch Of Love International?
Touch Of Love International's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.touchofloveinternational.com
Learn more at the official website: www.touchofloveinternational.com
Mission Statement of Touch Of Love International
Touch of Love International, a Christ-centered microloan organization, is dedicated to restoring human dignity and enabling human flourishing. They accomplish this through the provision of small loans, small business education, and Christian discipleship. The organization partners with churches and nonprofit ministries in impoverished areas, helping them reach and empower the most vulnerable members of their communities. Touch of Love International believes that material resources are only one aspect of poverty, and they engage with organizations that minister holistically. The goal is to invest in the creative capacity of every individual, proclaiming that Jesus Christ is the source of true abundance and eternal freedom.
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Impact
July, 2024
Touch Of Love International's impact can be seen in the restoration of human dignity and the enablement of human flourishing through small loans, small business education, and Christian discipleship. By partnering with churches and ministries in poor areas, TOLI helps communities reach, empower, and minister to the neediest. Recognizing that poverty is multi-faceted, TOLI engages with organizations that minister holistically, investing in the creative capacity of individuals while sharing the message that Jesus Christ is the true source of abundance and eternal freedom. The organization's work extends beyond material resources to address the holistic needs of individuals and communities, aiming to uplift and empower those they serve.
This information is meant to be a general summary of Touch Of Love International. 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 2024.
- Investment Income: $484
- Gross Receipts: $588,831
Assets and Liabilities:
- Total Assets: $302,628
- Total Liabilities: $4,184
- Net Assets: $298,444
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Organization Details
Principal Officer
Emad Yassa
NTEE Category
Code: Q33 - International
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