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Love Inc Of Brevard Inc

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

EIN: 364512166 ✦ Melbourne, FL ✦ Designated as a 501(c)(3)

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Overview

What is Love Inc Of Brevard Inc?

Love Inc of Brevard Inc is a nonprofit organization situated in Melbourne, Florida. Their primary mission is to bring local churches together to positively impact lives and communities in the name of Christ. They collaborate with various partners, including churches, agencies, businesses, and individuals, to provide assistance to those in need. The organization operates a thrift store, known as Village Thrift, which receives donated items from the community. These items are made available to individuals with verified needs at an 80% discount. Those who cannot afford the discounted price can work in the thrift store to offset the cost. The store also offers entry-level jobs, providing a positive work experience and a chance to re-enter the job market. Love Inc of Brevard Inc encourages individuals in need to volunteer, providing a supportive environment where they can contribute and grow. The nonprofit aims to mobilize resources to provide hope, help, and a hand-up to those seeking freedom from their circumstances. With a team of 21 employees, Love Inc of Brevard Inc continues to make a significant impact in their community.


Official website here: www.loveincbrevard.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Love Inc Of Brevard Inc has received an 81% rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization demonstrates a commitment to transparency and responsible financial management, evidenced by a perfect score in several key areas, including an independent board and no material diversion of assets. This positive rating is crucial for potential donors as it indicates that the nonprofit operates with sound governance practices.

User feedback highlights the organization's dedication to providing a "hand up" rather than a "hand out," which many volunteers appreciate. Reviewers consistently commend the respectful treatment of clients and the focus on fostering long-term independence through empowerment and guidance. The supportive atmosphere among staff and volunteers is particularly noted, suggesting a cohesive and caring environment within the organization.

While data indicates strong financial accountability, there may not be as much detailed information available on the breadth of services offered or specific outcomes achieved by clients, which could provide a more comprehensive understanding of the organization's impact. Nonetheless, the overwhelmingly positive reviews from volunteers and community members underscore the significant role Love Inc Of Brevard plays in supporting local individuals and families in need.


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

What do the Facebook reviews say about Love Inc Of Brevard Inc?

100% of the 13 reviewers on Facebook recommend Love Inc Of Brevard Inc. Here is a summary of their reviews:

The overwhelming sentiment reflects strong appreciation for the organization’s commitment to economic empowerment within the community. Reviewers highlight the dedication of the team, noting their tireless efforts to support individuals and families through practical assistance in collaboration with local churches.

The positive feedback showcases admiration for the nonprofit's effective business model and its worthy mission. Many express gratitude for their involvement, suggesting that Love Inc of Brevard not only meets but exceeds the expectations of those they serve. Overall, the community appears to hold this nonprofit in high regard.


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

Is Love Inc Of Brevard Inc legitimate?

Love Inc Of Brevard Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of Brevard 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: $73,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,742

For more financial information, click here


Official website here: www.loveincbrevard.com

What is the mission statement of Love Inc Of Brevard Inc?

Love Inc of Brevard Inc's mission is to mobilize local churches to transform lives and communities in the name of Christ. They achieve this by networking resources to provide hope, help, and a hand-up to individuals in need, promoting self-sufficiency and personal growth. Their thrift store, Village Thrift, offers donated items at a significant discount to qualified clients, and those who cannot afford the discount can work in the store to offset the cost. The thrift store also provides entry-level jobs, offering a positive work experience before re-entering the job market. The store's revenue supports Love Inc of Brevard Inc's program activities, creating a holistic approach to address the needs of those in need.


Official website here: www.loveincbrevard.com

What is the revenue of Love Inc Of Brevard Inc?

Love Inc Of Brevard Inc's revenue in 2023 was $1,849,771.


Official website here: www.loveincbrevard.com

Who are the executives of Love Inc Of Brevard Inc and what are their salaries?

The average compensation at Love Inc Of Brevard Inc during 2023 was $24,342. There are 24 employees and 268 volunteers at Love Inc Of Brevard Inc.

Here are 9 key members and their salaries:


Kristy Stuart (Executive Di)
  • Compensation: $73,461
  • Related: $0
  • Other: $0
Scott Dixon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Florida Holbert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kendall (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Lorey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Mcdermott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Schultz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesli Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Waldrop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.loveincbrevard.com

Where can I find the form 990 for Love Inc Of Brevard Inc?

Love Inc Of Brevard Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.loveincbrevard.com

Learn more at the official website: www.loveincbrevard.com

Mission Statement of Love Inc Of Brevard Inc

Love Inc of Brevard Inc is committed to transforming lives and communities in the name of Christ. To accomplish this mission, the organization mobilizes local churches and partners with various agencies, businesses, and individuals. Their objective is to provide hope, help, and a hand-up to individuals in need, enabling them to achieve freedom.

The primary tool Love Inc of Brevard Inc utilizes to achieve its mission is a thrift store known as Village Thrift. This store receives donated items from the community and makes them available to individuals with verified needs at an 80% discount of the thrift store price. For those who cannot afford the discounted price, the store offers the opportunity to work in the thrift store to offset the cost of the items, charging 10 cents per hour. Clients are encouraged to volunteer, finding a loving and supportive place where they can contribute and grow. Additionally, the store provides entry-level jobs for clients and former clients, offering them a positive work experience before re-entering the job market. The thrift store also sells items to the public, generating a revenue stream to support the organization's program activities.

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Impact




October, 2024

Love Inc Of Brevard Inc has a profound impact on the local community through its mission to mobilize churches and other partners to bring about transformative change in people's lives. By creating a network of support that includes churches, agencies, businesses, and individuals, it effectively addresses various needs within the community.

One of its key initiatives, Village Thrift, serves as an essential resource for individuals facing financial difficulties. The thrift store not only provides deeply discounted items to those in verified need—enabling clients to save significantly—but also fosters a sense of community and support. Clients who struggle to afford even discounted prices can work in the store, earning credits toward their purchases while gaining valuable work experience. This approach not only helps alleviate immediate financial burdens but also equips individuals with skills and confidence as they prepare to re-enter the job market.

Additionally, the thrift store generates a revenue stream that supports Love Inc’s outreach programs, ensuring that the organization can continue offering hope, help, and opportunities to those in need. By promoting volunteerism and community engagement, Love Inc nurtures a supportive environment where individuals can grow and contribute, fostering a stronger, more interconnected community.

Overall, Love Inc Of Brevard Inc is instrumental in transforming lives and enhancing the well-being of the local population by providing practical resources, job opportunities, and a compassionate community.




This information is meant to be a general summary of Love Inc Of Brevard 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
$1,849,771 (2023)
Expenses
$1,697,481 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $10,300
  • Program Service Revenue: $589,126
  • Gross Receipts: $1,849,771

Assets and Liabilities:

  • Total Assets: $353,980
  • Total Liabilities: $59,727
  • Net Assets: $294,253

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Programs

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

THRIFT STORE REVENUE

Revenue

$589,126

Organization Details

Founding Year

2003

Principal Officer

Scott Dixon

NTEE Category

Code: T30 - Philanthropy

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