Overview
What is Note In The Pocket Inc?
Note In The Pocket Inc, headquartered in Raleigh, North Carolina, is a nonprofit organization dedicated to uplifting impoverished and homeless school children in Wake County. Their primary mission is to provide these children with high-quality clothing, ensuring they can attend school with dignity and confidence, thereby not being held back in their educational and social development due to lack of appropriate attire. In 2022, the organization served 8,526 individuals, offering them much-needed clothing assistance. With a team of 18 dedicated individuals, Note In The Pocket Inc continues to make a significant impact in the lives of underprivileged school children in the area.
Official website here: www.noteinthepocket.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Note In The Pocket Inc has received a commendable Three-Star rating from Charity Navigator, reflecting its robust operational and financial health. The organization scores particularly high in impact and measurement, indicating effective program outcomes. Additionally, with a program expense ratio of nearly 88%, it demonstrates a strong commitment to utilizing funds directly for its mission.
The nonprofit boasts exceptional leadership and adaptability, evidenced by a perfect score in this category. Furthermore, the organization maintains a fully independent board, ensuring transparency and governance integrity. Policies related to conflicts of interest and whistleblower protections are well established, contributing to its strong accountability framework.
However, there are some areas for improvement, notably in culture and community, where it scored 75. The organization is actively working on developing a clothing distribution model aimed at replication in other areas, which could enhance its community impact further. Overall, Note In The Pocket Inc appears to be a well-managed and effective charity focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Note In The Pocket Inc legitimate?
Note In The Pocket Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Note In The Pocket 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:
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Other Salaries and Wages: $498,039
For more financial information, click here
Official website here: www.noteinthepocket.org
What is the mission statement of Note In The Pocket Inc?
Note In The Pocket Inc's mission is centered around providing clothing with dignity and love to impoverished and homeless school children, recognizing that their lack of appropriate attire can hinder their educational and social development. The organization firmly believes it is unacceptable for children to be limited in these aspects due to clothing-related issues. Note In The Pocket's primary program involves offering high-quality clothing to local homeless and impoverished school children and their families. In 2022, their services reached 8,526 individuals across Wake County, providing them with much-needed clothing assistance.
Official website here: www.noteinthepocket.org
What is the revenue of Note In The Pocket Inc?
Note In The Pocket Inc's revenue in 2023 was $3,883,948.
Official website here: www.noteinthepocket.org
Who are the executives of Note In The Pocket Inc and what are their salaries?
The average compensation at Note In The Pocket Inc during 2023 was $19,922. There are 25 employees and 6671 volunteers at Note In The Pocket Inc.
Here are 17 key members and their salaries:
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- Compensation: $74,862
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Official website here: www.noteinthepocket.org
Where can I find the form 990 for Note In The Pocket Inc?
Note In The Pocket Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.noteinthepocket.org
Learn more at the official website: www.noteinthepocket.org
Mission Statement of Note In The Pocket Inc
Note In The Pocket Inc, a nonprofit organization, strives to provide impoverished and homeless schoolchildren in Wake County with dignity and love. They believe it is unacceptable that these children's educational and social development are limited due to the lack of appropriate clothing for school. The organization's mission is to address this issue by offering high-quality clothing to these children and their families, enabling them to participate in school activities with confidence and ease. In 2022, over 8,500 individuals received much-needed clothing assistance through Note In The Pocket Inc's primary program.
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Impact
July, 2024
Note In The Pocket Inc's impact lies in providing clothing to impoverished and homeless school children in Wake County with dignity and love. The organization ensures that children in Wake County are not limited in their educational and social development due to a lack of appropriate clothing for school. In 2022 alone, 8,526 individuals received much-needed clothing assistance throughout Wake County. By addressing this essential need, Note In The Pocket is making a significant difference in the lives of these vulnerable children and their families, helping them thrive and succeed in school and beyond.
This information is meant to be a general summary of Note In The Pocket 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 2023.
- Investment Income: $6,719
- Gross Receipts: $3,922,327
Assets and Liabilities:
- Total Assets: $3,235,178
- Total Liabilities: $31,896
- Net Assets: $3,203,282
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Organization Details
Founding Year
2013
Principal Officer
Dallas Bonavita
Website
www.noteinthepocket.orgNTEE Category
Code: P20 - Human services
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