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Moms Closet Resource Center Inc

Sparc Hope

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

EIN: 320049180 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Moms Closet Resource Center Inc?

Moms Closet Resource Center Inc, operating under the name SPARC Hope, is a compassionate nonprofit organization situated in Louisville, Kentucky. Their primary mission is to assist single parents in breaking the cycle of poverty by providing them with the necessary resources and support to pursue higher education and career advancement. Through their initiatives, they assisted 27 single parents with long-term assistance plans, benefiting 54 children, alongside helping 137 single parents and 259 children with additional resources. Their operations include providing food and supplies, career training, counseling, and college education assistance. The organization's work is focused on enhancing opportunities for independence and empowering single parents to create better lives for themselves and their families.


Official website here: www.sparc-hope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Moms Closet Resource Center Inc has achieved a solid rating of 82%, reflecting its effective use of resources and commitment to accountability. With an impressive score in Accountability & Finance at 83%, the organization demonstrates sound financial practices, including a 70.56% program expense ratio, which indicates that a significant portion of its budget is directed towards its programs. The nonprofit's independent board and comprehensive conflict of interest and whistleblower policies further enhance its credibility.

User feedback highlights the organization's profound impact on single parents in Louisville and surrounding areas. Clients express gratitude for the assistance provided, with many describing the supportive environment that the center fosters. The Life Plan Program, which guides single parents through education and personal development, is particularly praised for empowering individuals to improve their lives and those of their children. The on-campus food pantry and partnerships with local resources are also seen as invaluable support mechanisms.

While the organization has received largely positive reviews, the data indicates that its Culture & Community score is relatively lower at 17%. This could suggest potential areas for growth in community engagement or outreach strategies. Overall, Moms Closet Resource Center Inc is viewed as a vital resource for single parents, offering a "hand up" rather than merely a "handout," which is essential for fostering long-term success and independence.


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

What do the Facebook reviews say about Moms Closet Resource Center Inc?

94% of 18 reviewers on Facebook recommend Moms Closet Resource Center Inc. Here is a summary of their reviews:

Volunteers express immense satisfaction with their experiences at Moms Closet Resource Center, highlighting the rewarding nature of interacting with moms and their children. Many appreciate the positive impact the organization has on the lives of these families, acknowledging the transformative support provided.

Overall, the sentiment is overwhelmingly positive, with individuals expressing admiration for the nonprofit’s efforts in making a difference within the community. The organization's commitment to its cause resonates strongly with both volunteers and those it serves.


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

Is Moms Closet Resource Center Inc legitimate?

Moms Closet Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moms Closet Resource Center 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: $63,162
Professional Fundraising Fees: $1,150
Other Salaries and Wages: $85,040

For more financial information, click here


Official website here: www.sparc-hope.org

What is the mission statement of Moms Closet Resource Center Inc?

Moms Closet Resource Center Inc's mission is to support and guide single parents in their pursuit of career advancement and independence. Their purpose is to help break the cycle of poverty by providing resources and encouragement for higher education. They offer assistance to single parents, aiding them in avoiding dependent welfare programs and providing essential support such as food and supplies for their children. Furthermore, they have a long-term assistance plan that assists with college education, career training, and counseling for up to 27 single parents and their children.


Official website here: www.sparc-hope.org

Who is the CEO of Moms Closet Resource Center Inc?

Laura Wingfield is the Executive Director of Moms Closet Resource Center Inc.


Official website here: www.sparc-hope.org

What is the revenue of Moms Closet Resource Center Inc?

Moms Closet Resource Center Inc's revenue in 2022 was $530,582.


Official website here: www.sparc-hope.org

Who are the executives of Moms Closet Resource Center Inc and what are their salaries?

The average compensation at Moms Closet Resource Center Inc during 2022 was $18,525. There are 8 employees and 126 volunteers at Moms Closet Resource Center Inc.


Here are 13 key members and their salaries:


Laura Wingfield (Executive Director)
  • Compensation: $61,970
  • Related: $0
  • Other: $0
Annie Malka (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kennedy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hellard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Ohlmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Taylor (At Large, Exec Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zackary Mckee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Longshore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Naive (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Nichols (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelia Brookins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sparc-hope.org

Where can I find the form 990 for Moms Closet Resource Center Inc?

Moms Closet Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sparc-hope.org

Learn more at the official website: www.sparc-hope.org

Mission Statement of Moms Closet Resource Center Inc

Moms Closet Resource Center Inc is an organization dedicated to breaking the cycle of poverty in single-parent households. Their mission is to provide support, encouragement, and guidance to these parents, helping them identify life choices that will enhance their opportunities for career advancement and independence. This nonprofit aims to aid single parents in avoiding dependent welfare programs and in pursuing higher education or career training, ultimately leading to financial independence. Through their long-term assistance plan, they have helped 27 single parents, providing support for 54 children, with resources ranging from college education to career counseling.

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Impact




July, 2024

Moms Closet Resource Center Inc is breaking the poverty cycle in single-parent households through higher education. They provide support, encouragement, and guidance to single parents, helping them avoid dependent welfare programs. The organization has assisted numerous single parents and children with food, supplies, and additional resources. Additionally, 27 single parents have been supported through long-term assistance plans that include college education, career training, and counseling. Moms Closet Resource Center Inc in Louisville, KY, is making a significant impact in empowering single parents to enhance their opportunities for career advancement and independence.




This information is meant to be a general summary of Moms Closet Resource Center 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
$530,582 (2022)
Expenses
$499,456 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $530,582

Assets and Liabilities:

  • Total Assets: $146,346
  • Total Liabilities: $13,450
  • Net Assets: $132,896

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Organization Details

Founding Year

2003

Principal Officer

Laura Wingfield

Main Address

11921 Brinley Avenue Ste 101, Louisville, KY, 40243

NTEE Category

Code: P40 - Human services

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