Overview
What is Love Inc Of The Black Hills?
Love Inc of the Black Hills is a nonprofit organization situated in Rapid City, South Dakota. Their mission is to mobilize local churches in transforming lives and communities, primarily focusing on youth and individuals in need. They run two main initiatives: THRIVE and RISE. THRIVE is an outdoor adventure gear resale store that provides a safe, supportive environment for youth to learn productivity skills. In 2022, 18 students participated, repairing bikes and learning marketing and retail skills. The program also has a Vision Bikes aspect, providing bikes to participants without transportation. In 2022, 46 bikes were distributed at a total value of $3680. RISE, on the other hand, is a ministry that allows participants from their Connection Center to earn furniture by refurbishing and repurposing donated items. In 2022, 95 participants earned new furniture for their homes. Volunteers served a total of 10,641 hours in this ministry, helping to purchase and support the work in their community. With a team of 20 employees, Love Inc of the Black Hills is dedicated to uplifting individuals and families in need.
Official website here: www.loveinconline.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Love Inc Of The Black Hills has achieved a commendable rating of 81% from Charity Navigator, indicating a strong performance in the area of accountability and finance. This score is derived entirely from one beacon score, reflecting the organization's commitment to transparency and responsible financial management. The high percentage suggests that donors can trust the organization to use funds effectively and responsibly.
The charity has demonstrated significant strengths, notably a fully independent board composed of 10 members, which contributes to its governance integrity. Key policies, including conflict of interest and whistleblower protections, are in place, ensuring a framework for ethical operation. Furthermore, the charity boasts a low liabilities to assets ratio of 21.43% and a program expense ratio of 77.63%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs.
Despite the positive aspects, the rating primarily focuses on financial aspects and governance, which may not provide a complete picture of the charity's impact and effectiveness in community engagement and program outcomes. Donors may want to consider seeking additional information regarding the organization's programs and their direct effects on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Love Inc Of The Black Hills legitimate?
Love Inc Of The Black Hills is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of The Black Hills 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: $83,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,455
For more financial information, click here
Official website here: www.loveinconline.com
What is the mission statement of Love Inc Of The Black Hills?
Love Inc of the Black Hills' mission is centered around mobilizing churches to make a transformative impact on individuals and communities in the spirit of Christianity. One of their initiatives, Thrive, aims to engage youth in a productive environment, teaching them skills such as bike repair and retail, while providing them with essential outdoor gear. Through Thrive, the organization distributed 46 bikes to participants who lacked reliable transportation. Another program, Rise, allows individuals seeking furniture assistance to earn new items by contributing their time and skills in refurbishing donated furniture. In 2022, 95 participants benefited from this program, and the earnings from the sales of refurbished furniture helped support the organization's community work. Overall, Love Inc of the Black Hills strives to empower individuals and communities through the collective efforts of local churches.
Official website here: www.loveinconline.com
Who is the CEO of Love Inc Of The Black Hills?
Peter Jensen is the President of Love Inc Of The Black Hills.
Official website here: www.loveinconline.com
What is the revenue of Love Inc Of The Black Hills?
Love Inc Of The Black Hills's revenue in 2022 was $1,163,570.
Official website here: www.loveinconline.com
Who are the executives of Love Inc Of The Black Hills and what are their salaries?
The average compensation at Love Inc Of The Black Hills during 2022 was $26,126. There are 20 employees and 588 volunteers at Love Inc Of The Black Hills.
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- Compensation: $83,073
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Official website here: www.loveinconline.com
Where can I find the form 990 for Love Inc Of The Black Hills?
Love Inc Of The Black Hills's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loveinconline.com
Learn more at the official website: www.loveinconline.com
Mission Statement of Love Inc Of The Black Hills
Love Inc Of The Black Hills is an organization that aims to coordinate churches to assist individuals in need. Their mission is to mobilize churches, working towards transforming lives and communities in the name of Christ. They have two key initiatives: Thrive and Rise.
Thrive is an outdoor adventure gear resale store that provides a safe and supportive environment for youth to learn productivity skills. The main goal of Thrive is to mobilize local churches, training and mentoring youth in a work environment. In 2022, Thrive had 18 student participants repairing bikes and learning marketing and retail skills. One of Thrive's initiatives, Vision Bikes, awards participants without transportation by providing them with bikes, helping them to commute more efficiently to work, the grocery store, or around town. In 2022, Thrive gave out 46 bikes at a total value of $3680.
Rise is a ministry that allows participants from Love Inc Of The Black Hills' Connection Center seeking help with furniture needs to earn new furniture for their homes. They join a team of volunteers who refurbish and repurpose furniture and decor items, selling them in a social enterprise. The money earned from these sales is used to purchase more usable furniture for clients and support the organization's work in the community. In 2022, 95 participants earned new furniture for their homes, and volunteers served a total of 10,641 hours in this ministry.
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Impact
July, 2024
Love Inc Of The Black Hills is making a significant impact in Rapid City, SD by coordinating churches to help people in need through their Thrive & Rise programs. In 2022, Thrive provided a safe and supportive environment for 18 student participants to repair bikes and learn marketing and retail skills, giving out 46 bikes to those in need. This initiative not only empowers youth but also enhances their transportation options for daily activities. Rise, on the other hand, allowed 95 participants to earn new furniture for their homes by refurbishing and selling donated furniture and decor items. Additionally, volunteers contributed 10,641 hours to this ministry, generating funds to support the organization's mission of transforming lives in the community. Love Inc Of The Black Hills's innovative approach to tackling social issues showcases the power of mobilizing churches to make a positive impact in the name of Christ.
This information is meant to be a general summary of Love Inc Of The Black Hills. 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: $12,498
- Gross Receipts: $1,228,927
Assets and Liabilities:
- Total Assets: $3,711,728
- Total Liabilities: $795,623
- Net Assets: $2,916,105
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Organization Details
Founding Year
2001
Phone
(605) 718-5683Principal Officer
Peter Jensen
Main Address
PO BOX 3255, RAPID CITY, SD, 57709
Website
www.loveinconline.comNTEE Category
Code: X90 - Religion related
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