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Loveworks Leadership Inc

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

EIN: 274025891 ✦ Norman, OK ✦ Designated as a 501(c)(3)

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Overview

What is Loveworks Leadership Inc?

Loveworks Leadership Inc is a nonprofit organization situated in Norman, Oklahoma. Their primary focus is on empowering young individuals aged 8-15 through a youth entrepreneurship program. The program, named Early, encourages students to become dreamers and doers by starting their own businesses. This initiative helps students hone their entrepreneurial skills, such as product/service development, budgeting, marketing strategy, and sales pitch. The program culminates in preparing students' businesses for the Norman Farmers Market. Loveworks Leadership Inc aims to foster personal character development, leadership skills, and entrepreneurial spirit in these young minds. The organization conducts weekly meetings to inspire and guide students, with a majority of the work happening between these sessions. A team of five dedicated individuals works at Loveworks Leadership Inc to ensure the success of this innovative program.


Official website here: www.loveworksleadership.org

What do the Facebook reviews say about Loveworks Leadership Inc?

96% of 40 reviewers on Facebook recommend Loveworks Leadership Inc. Here is a summary of their reviews:

Many participants express a profound appreciation for Loveworks, highlighting that the organization has played a crucial role in their personal and leadership development. The supportive environment created within Loveworks is frequently described as familial, with contributors feeling a deep sense of belonging.

Overall, individuals are thrilled with the growth opportunities provided by Loveworks, noting that the program challenges them while fostering their leadership skills. This consistent encouragement and community support seem to resonate deeply with those involved, reinforcing the impact Loveworks has on their lives.


This AI summary has been generated from reviews found on Facebook.

Is Loveworks Leadership Inc legitimate?

Loveworks Leadership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loveworks Leadership 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: $213,223

For more financial information, click here


Official website here: www.loveworksleadership.org

What is the mission statement of Loveworks Leadership Inc?

Loveworks Leadership Inc's mission is centered around assisting students in their personal growth, instilling leadership qualities, and fostering entrepreneurial skills. The organization operates a youth entrepreneurship program, named Early, which encourages children between the ages of 8 and 15 to embark on their entrepreneurial journey by starting their own businesses. Through this program, students gain practical experience in areas such as product/service development, budgeting, marketing, and sales pitching. The ultimate goal is to prepare students for their first business milestone, which is presenting their venture at the Norman Farmers Market. Regular meetings, both virtual and in-person, offer inspiration and guidance, but the majority of the business development work is self-driven, with individualized coaching sessions available as needed.


Official website here: www.loveworksleadership.org

Who is the CEO of Loveworks Leadership Inc?

Michael T Hirsh is the Executive Director of Loveworks Leadership Inc.


Official website here: www.loveworksleadership.org

What is the revenue of Loveworks Leadership Inc?

Loveworks Leadership Inc's revenue in 2022 was $445,182.


Official website here: www.loveworksleadership.org

Who are the executives of Loveworks Leadership Inc and what are their salaries?

The average compensation at Loveworks Leadership Inc during 2022 was $42,645. There are 5 employees at Loveworks Leadership Inc.


Here are 8 key members and their salaries:


Michael T Hirsh (Executive Director)
  • Compensation: $46,731
  • Related: $0
  • Other: $0
Susan Bergen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mocia Paris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Haben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Loeffler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Guthrie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Zumwalt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Allison (Financial Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.loveworksleadership.org

Where can I find the form 990 for Loveworks Leadership Inc?

Loveworks Leadership Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.loveworksleadership.org

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

Mission Statement of Loveworks Leadership Inc

Loveworks Leadership Inc, a nonprofit organization, is dedicated to aiding students in their personal development, fostering leadership skills, and teaching entrepreneurship. The primary mission of Loveworks Leadership Inc is to empower young individuals aged 8 to 15 by equipping them with the necessary entrepreneurial skills. Through this program, students learn how to launch their own businesses, focusing on aspects such as product or service development, budgeting, marketing strategy, and sales pitch. The program culminates with students preparing their businesses for the Norman Farmers Market. Loveworks Leadership Inc provides weekly meetings for inspiration and guidance, with the majority of the business development happening between these sessions. Specialized meetings with business coaches further support the students in their entrepreneurial journey.

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Impact




October, 2024

Loveworks Leadership Inc significantly impacts the lives of young individuals by empowering them to become entrepreneurs. Through a structured program, students aged 8-15 learn to turn their ideas into real businesses, fostering essential skills in leadership, character development, and entrepreneurship.

Participants engage in a hands-on experience where they create their own products or services, while also developing critical business components such as budgeting, marketing strategies, and effective sales pitches. The program includes a combination of virtual and in-person meetings, allowing students to receive guidance from business coaches while working independently on their ventures.

The culmination of this experience is the opportunity for students to showcase their businesses at the Norman Farmers Market, promoting innovation and creativity in a supportive environment. By nurturing these young dreamers, Loveworks Leadership Inc helps cultivate a generation of confident leaders who are equipped to navigate the challenges of entrepreneurship.




This information is meant to be a general summary of Loveworks Leadership 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
$445,182 (2022)
Expenses
$498,178 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $27,232
  • Gross Receipts: $474,079

Assets and Liabilities:

  • Total Assets: $168,944
  • Total Liabilities: $463
  • Net Assets: $168,481

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Programs

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

Early Program

Revenue

$7,691

Afterschool Leadership

Revenue

$9,618

Summer Leadership

Revenue

$6,796

Junior Leadership

Revenue

$3,127

Organization Details

Founding Year

2010

Principal Officer

Michael T Hirsh

Main Address

151 12th Ave SE 100, Norman, OK, 73071

NTEE Category

Code: O50 - Youth development

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