Overview
What is Love Wear You Live Too?
Love Wear You Live Too, as per the provided information, is a nonprofit organization dedicated to offering child care instruction and community services. Their primary mission is to provide affordable child care for families with moderate to low income, ensuring their children receive quality care while parents can focus on other aspects of life. The organization provides a range of programs and services for both children and parents, aiming to support and uplift families in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Score: 67%
Love Wear You Live Too has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in certain areas. The accountability and finance score of 67% suggests that while it performs well in some metrics, there are significant gaps in governance and transparency practices, particularly regarding board independence and policy documentation.
One key strength of Love Wear You Live Too is its impressive program expense ratio, which stands at 100%. This indicates that all of its expenses are directed toward its programs, demonstrating a strong commitment to its mission. However, the organization lacks independent board members, which raises concerns about governance and oversight. Furthermore, it has not established crucial policies such as conflict of interest and whistleblower protections, which are essential for maintaining accountability.
Other areas of concern include missing financial documents on its website, which could limit transparency for donors and stakeholders. The organization's liabilities to assets ratio is relatively low at 7.67%, suggesting good financial health. Nonetheless, the lack of fundamental governance structures could undermine long-term stability and trust among supporters. Overall, while Love Wear You Live Too shows promise in its programmatic focus, addressing its governance deficiencies will be vital for future growth and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Love Wear You Live Too legitimate?
Love Wear You Live Too is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Wear You Live Too 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: $570,052
For more financial information, click here
What is the mission statement of Love Wear You Live Too?
Love Wear You Live Too, through its Nest Child Care and Parent initiative, is committed to providing child care instruction and community services. Their primary mission is to offer affordable child care options for families falling within the low and middle-income brackets. They aim to support both children and parents through various programs and services, working towards enhancing the overall well-being of these families.
Who is the CEO of Love Wear You Live Too?
Joy Dean is the Principal Officer of Love Wear You Live Too.
What is the revenue of Love Wear You Live Too?
Love Wear You Live Too's revenue in 2021 was $926,324.
Who are the executives of Love Wear You Live Too and what are their salaries?
The average compensation at Love Wear You Live Too during 2021 was $24,785. There are 23 employees at Love Wear You Live Too.
There is 1 key member and their salary:
- Compensation: $53,428
- Related: $0
- Other: $0
Where can I find the form 990 for Love Wear You Live Too?
Love Wear You Live Too's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Love Wear You Live Too
Love Wear You Live Too, as an organization, is dedicated to providing child care services and community programs for families with moderate to low incomes. Their mission is encapsulated in the establishment of The Nest Child Care and Parent, a facility that offers instruction in child care and various community services. The primary objective of this nonprofit is to make affordable child care accessible to these income groups, thereby supporting both the children and their parents in their daily lives.
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Impact
July, 2024
Love Wear You Live Too's impact is felt strongly in Detroit, MI, where it provides essential child care services for low and middle-income families through The Nest Child Care and Parent program. By offering affordable child care instruction and community services, the organization is helping to support parents and children in need. This not only eases the financial burden on families but also contributes to the overall well-being and development of children in the community. Love Wear You Live Too's dedication to human services is evident in its mission to make a tangible difference in the lives of those who need it most.
This information is meant to be a general summary of Love Wear You Live Too. 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 2021.
- Gross Receipts: $926,324
Assets and Liabilities:
- Total Assets: $217,899
- Total Liabilities: $16,714
- Net Assets: $201,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD DAYCARE
Organization Details
Founding Year
2013
Principal Officer
Joy Dean
Main Address
634 ATKINSON, DETROIT, MI, 48202
NTEE Category
Code: P20 - Human services
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