Overview
What is Treasured Vessels Foundation?
Treasured Vessels Foundation is a nonprofit organization situated in Frisco, Texas. Established with a mission to offer a secure, long-term sanctuary for healing and development, it primarily focuses on supporting individuals who have experienced trauma due to exploitation in the realm of sex trafficking. The organization, formerly known as Chosen Family, has a dedicated team of 12 employees committed to providing a nurturing environment for these individuals to overcome their past traumas and foster growth.
Official website here: www.treasuredvesselsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Treasured Vessels Foundation (TVF) has earned an 89% rating from Charity Navigator, signifying a strong performance in accountability and finance. The organization boasts a high level of transparency and governance, with a fully independent board and robust financial oversight practices. Additionally, TVF has demonstrated a commitment to equity strategies, scoring 91 out of 100 in this area, reflecting its dedication to inclusivity in its operations.
User reviews across various platforms overwhelmingly praise TVF for its impactful work in supporting survivors of sex trafficking. Many reviewers highlight the organization’s comprehensive programs, which provide essential services such as intensive trauma therapy and life skills education. Volunteers and professionals in the field commend the nonprofit for its compassionate approach and the positive transformations they witness in the lives of the women they serve.
Despite the strong accolades, there are aspects worth noting as potential areas for growth. While the program expense ratio stands at a notable 61.49%, this figure suggests there may be room for improvement in program funding relative to overall expenditures. Nonetheless, the consensus among users is that Treasured Vessels Foundation is making a significant difference in the lives of vulnerable populations and is a recommended organization for support and involvement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Treasured Vessels Foundation legitimate?
Treasured Vessels Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasured Vessels Foundation 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: $300,555
For more financial information, click here
Official website here: www.treasuredvesselsfoundation.org
What is the mission statement of Treasured Vessels Foundation?
The Treasured Vessels Foundation is dedicated to offering a secure, long-term environment for healing and personal development to individuals who have suffered trauma as a result of exploitation in sex trafficking. Their mission is centered around providing a safe space where these individuals can begin their journey towards recovery and growth. The foundation aims to support these individuals throughout their healing process, helping them rebuild their lives. It does not specify the location of this foundation in the provided information.
Official website here: www.treasuredvesselsfoundation.org
Who is the CEO of Treasured Vessels Foundation?
Unavailable The CEO's salary of Treasured Vessels Foundation is $0 and their total compensation is $0.
Official website here: www.treasuredvesselsfoundation.org
What is the revenue of Treasured Vessels Foundation?
Treasured Vessels Foundation's revenue in 2022 was $792,625.
Official website here: www.treasuredvesselsfoundation.org
Who are the executives of Treasured Vessels Foundation and what are their salaries?
The average compensation at Treasured Vessels Foundation during 2022 was $25,046. There are 12 employees at Treasured Vessels Foundation.
Here are 8 key members and their salaries (Treasured Vessels Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.treasuredvesselsfoundation.org
Where can I find the form 990 for Treasured Vessels Foundation?
Treasured Vessels Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.treasuredvesselsfoundation.org
Learn more at the official website: www.treasuredvesselsfoundation.org
Mission Statement of Treasured Vessels Foundation
Treasured Vessels Foundation is committed to offering a long-term sanctuary for healing and personal development to individuals who have experienced trauma as a result of exploitation in sex trafficking. The organization's mission is centered around providing a safe environment where these individuals can undergo a period of growth and recovery, helping them overcome the traumatic experiences they have endured. The foundation's ultimate goal is to support these individuals in their journey towards recovery and reintegration into society.
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Impact
July, 2024
Treasured Vessels Foundation provides a long-term safe place for healing and growth to individuals impacted by trauma from exploitation in sex trafficking. Their mission is to offer a supportive environment where survivors can recover and rebuild their lives. By offering specialized care and resources, Treasured Vessels Foundation aims to empower survivors to overcome their past experiences and move towards a brighter future.
This information is meant to be a general summary of Treasured Vessels Foundation. 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.
- Program Service Revenue: $91,477
- Gross Receipts: $793,495
Assets and Liabilities:
- Total Assets: $815,837
- Total Liabilities: $259,883
- Net Assets: $555,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
In Kind Services
Revenue
$91,477
Organization Details
Founding Year
2013
Phone
(214) 507-5050Main Address
PO BOX 2256, Frisco, TX, 75034
NTEE Category
Code: P40 - Human services
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