Overview
What is Love Fund For Children Inc?
Love Fund For Children Inc is a nonprofit organization based in Kansas City, Missouri, with approximately three employees. Their mission is to bridge the gap in youth services by partnering with advocates to fulfill unique, unmet needs of children across the city. They accomplish this by providing a wide array of assistance and benefits to individual children, collaborating with around 100 different agencies or providers. The services offered include clothing, shoes, outerwear, medical equipment, beds, cribs, and bedding, assistive technology, hygiene items, transportation, therapy, therapeutic tools, and educational tools. In 2022, Love Fund served a total of 10,665 children, with the Life Essentials Emergency Assistance Program assisting 571 children across various needs. The top requested needs were in clothing, beds/bedding, and hygiene. The organization experienced increased demand for their services since the onset of the pandemic, providing 8,500 school supply kits to K-12 students and serving 1,594 teens aged 12-18 during the holiday gift program. Each teen received essential items like hygiene supplies, socks, and cold weather protection, in addition to two gift items.
Official website here: www.fox4lovefund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Love Fund for Children Inc has received a solid rating of 88%, indicating a commendable level of accountability and financial health. The organization excels in areas such as independent board governance, with all members being independent, and a strong program expense ratio of 72.7%. This suggests that a significant portion of its funds is directed towards its programs, which is a positive sign for donors.
However, there are some areas for improvement. The charity lacks a whistleblower policy and a document retention and destruction policy, both of which could strengthen its governance framework. Additionally, while its equity strategies score is decent at 83 out of 100, the organization has room to grow in its collection and implementation of equity data and policies, scoring only 3 out of 7 in these areas.
Overall, Love Fund for Children Inc demonstrates a commitment to transparency and effective use of resources. With its strong performance in accountability and finance, it shows promise, though addressing the noted limitations could further enhance its impact and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Love Fund For Children Inc legitimate?
Love Fund For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Fund For Children 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: $141,216
For more financial information, click here
Official website here: www.fox4lovefund.org
What is the mission statement of Love Fund For Children Inc?
The Love Fund for Children Inc. bridges the gap in youth services by partnering with advocates to fulfill unique, unmet needs of children across various regions. Their mission is to provide goods, services, and a variety of assistance and benefits to individual children through collaboration with approximately 100 different agencies or providers. Their program services include clothing, shoes, outerwear, medical equipment, beds, cribs, and bedding, assistive technology, hygiene items, transportation, therapy and therapeutic tools, transportation, and educational tools. In 2022, they served a total of 10,665 children, with their Life Essentials Emergency Assistance Program serving 571 children across various needs. The average cost to serve a child in this program was $173.93. The top requested needs were in clothing, beds/bedding, and hygiene. Their annual Back to School Drive and Sack It for Santa Holiday Gift Programs maintained increased demand and served a larger number of children since the onset of the pandemic. The Love Fund provided 8,500 school supply kits to K-12 students throughout the Greater Kansas City Metro, and the Holiday Gift Program served 1,594 teens ages 12-18, each receiving essential items like hygiene supplies, socks, and cold weather protection, in addition to two gift items.
Official website here: www.fox4lovefund.org
Who is the CEO of Love Fund For Children Inc?
Deanne Engstrom is the President of Love Fund For Children Inc.
Official website here: www.fox4lovefund.org
What is the revenue of Love Fund For Children Inc?
Love Fund For Children Inc's revenue in 2022 was $723,423.
Official website here: www.fox4lovefund.org
Who are the executives of Love Fund For Children Inc and what are their salaries?
The average compensation at Love Fund For Children Inc during 2022 was $47,072. There are 3 employees and 130 volunteers at Love Fund For Children Inc.
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- Compensation: $79,665
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- Other: $2,330
Official website here: www.fox4lovefund.org
Where can I find the form 990 for Love Fund For Children Inc?
Love Fund For Children Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fox4lovefund.org
Learn more at the official website: www.fox4lovefund.org
Mission Statement of Love Fund For Children Inc
Love Fund for Children Inc, a nonprofit organization, bridges the gap in youth services by partnering with advocates to fulfill unique, unmet needs of children across Kansas City. Their mission is to provide a wide range of assistance and benefits to individual children, working collaboratively with approximately 100 different agencies or providers. The organization offers various program services, including clothing, shoes, outerwear, medical equipment, beds, cribs, and bedding, assistive technology, hygiene items, transportation, therapy, and therapeutic tools, education tools, and more.
In 2022, Love Fund for Children Inc served a total of 10,665 children, demonstrating their commitment to supporting the well-being of the community's youth. Their Life Essentials Emergency Assistance Program served 571 children, addressing a wide variety of needs with an average cost of $173.93 per child. The organization's top requested needs were in clothing, beds/bedding, and hygiene items. To further support the community, Love Fund for Children Inc organized events such as the annual Back to School Drive and Sack It for Santa holiday gift program, which saw an increased demand and served a larger number of children since the pandemic began. The organization provided 8,500 school supply kits to K-12 students throughout the Greater Kansas City Metro and served 1,594 teens ages 12-18, providing each with essential items like hygiene supplies, socks, and cold weather protection, as well as two gift items.
In summary, Love Fund for Children Inc plays a vital role in supporting the unique needs of children by partnering with advocates and providing a variety of assistance and benefits. Through their program services and special events, they strive to improve the lives of children in Kansas City, addressing their most pressing needs and providing them with the essentials they require to thrive.
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Impact
July, 2024
Love Fund For Children Inc's impact is significant in bridging the gap in youth services by partnering with advocates to fulfill unique, unmet needs of children across Kansas City. Providing goods, services, and a variety of assistance and benefits to individual children through cooperation with approximately 100 different agencies or providers, the organization serves a crucial role in the community. In 2022, the Love Fund served a total of 10,665 children, with programs ranging from clothing and medical equipment to educational tools and transportation. Additionally, the organization's Life Essentials Emergency Assistance Program directly assisted 571 children with a wide variety of needs at an average cost of $173.93 per child. The Love Fund's annual Back to School Drive and Sack It for Santa Holiday Gift Program have maintained increased demand and continually serve a larger number of children since the onset of the pandemic. Notably, the organization distributed 8,500 school supply kits to K-12 students throughout the greater Kansas City metro area and provided essential items and gifts to 1,594 teens ages 12-18 during the holiday season. Love Fund For Children Inc's dedication to supporting children in need reflects its commitment to making a positive impact on the lives of youth in the community.
This information is meant to be a general summary of Love Fund For Children 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 2022.
- Investment Income: $1,701
- Gross Receipts: $793,816
Assets and Liabilities:
- Total Assets: $658,831
- Total Liabilities: $1,696
- Net Assets: $657,135
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Organization Details
Founding Year
1982
Phone
(816) 932-9170Principal Officer
Deanne Engstrom
Main Address
3030 SUMMIT STREET, KANSAS CITY, MO, 64108
Website
www.fox4lovefund.orgNTEE Category
Code: P11 - Human services
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