Overview
What is The Love Quilt Project Inc?
The Love Quilt Project Inc is a nonprofit organization based in Arlington, Virginia, specifically at 4250 N Glebe Road. Their mission is to foster connections between orphaned and vulnerable children in South Africa and the United States, many of whom are impacted by HIV/AIDS. They achieve this through the creation of Love Quilts, which are adorned with messages of love drawn by children. These quilts are then given to children in need, and the organization financially supports the education of each South African child who receives one. Additionally, LQP offers educational funds, providing financial assistance for these children's education. Word count: 111
Official website here: www.lovequiltproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Love Quilt Project Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of performance in its accountability and finance practices. The organization demonstrates strong governance with an entirely independent board and a favorable liability-to-assets ratio of 0.00%, reflecting financial stability and minimal risk.
However, the organization has notable weaknesses, particularly regarding its lack of essential policies. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy has negatively impacted its overall score. Despite these shortcomings, the charity maintains a commendable program expense ratio of 67.73%, suggesting a significant portion of its funds is directed toward its mission-related activities.
Overall, while The Love Quilt Project Inc shows a commitment to accountability through its independent board and sound financial practices, addressing its policy deficiencies would strengthen its standing and enhance its transparency.
This AI summary has been generated from information found on Charity Navigator.
Is The Love Quilt Project Inc legitimate?
The Love Quilt Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Love Quilt Project 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: $5,689
For more financial information, click here
Official website here: www.lovequiltproject.org
What is the mission statement of The Love Quilt Project Inc?
The Love Quilt Project Inc's mission is centered around establishing connections between South African and American children, particularly those impacted by HIV/AIDS. This is accomplished through an educational initiative that fosters empathy, tolerance, and compassion. The children involved in this project contribute personal messages of love, which are then stitched into quilts. These Love Quilts are then distributed to the affected children. Moreover, The Love Quilt Project Inc financially supports the education of each South African child who receives a Love Quilt, providing them with an opportunity for a better future. In the last recorded instance, the organization contributed 44,500 dollars towards this educational fund.
Official website here: www.lovequiltproject.org
Who is the CEO of The Love Quilt Project Inc?
Gretchen Ginnerty is the President of The Love Quilt Project Inc.
Official website here: www.lovequiltproject.org
What is the revenue of The Love Quilt Project Inc?
The Love Quilt Project Inc's revenue in 2022 was $33,440.
Official website here: www.lovequiltproject.org
Who are the executives of The Love Quilt Project Inc and what are their salaries?
There 1000 volunteers at The Love Quilt Project Inc.
Here are 6 key members and their salaries:
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Official website here: www.lovequiltproject.org
Where can I find the form 990 for The Love Quilt Project Inc?
The Love Quilt Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lovequiltproject.org
Learn more at the official website: www.lovequiltproject.org
Mission Statement of The Love Quilt Project Inc
The Love Quilt Project Inc, a nonprofit organization, is dedicated to making a difference in the lives of orphaned and vulnerable children, many of whom are affected by HIV/AIDS, both in South Africa and the United States. Their mission is multifaceted and focused on building relationships between these children through the promotion of kindness, tolerance, and compassion. This is achieved through an innovative process where South African children draw messages of love, which are then stitched into quilts. These quilts are subsequently given to children in need, serving as a tangible symbol of love and support.
In addition to this, The Love Quilt Project Inc also contributes financially to the education of each South African child who receives a quilt. This educational support is a crucial aspect of their mission, as they believe in the transformative power of education. To date, the organization has provided over 44,500 dollars to support the education of these children, thereby enabling them to pursue their academic dreams. In essence, The Love Quilt Project Inc is not just about providing quilts; it's about creating opportunities for children to overcome adversity, foster hope, and build a better future for themselves.
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Impact
August, 2024
The Love Quilt Project Inc has made a significant impact by providing Love Quilts to orphaned and vulnerable South African and American children, many of whom are affected by HIV/AIDS. The organization also supports the education fund for each South African child who receives a quilt, totaling 44,500 in contributions. Through their mission to build relationships between South African and American children, The Love Quilt Project promotes values of kindness, tolerance, and compassion. This initiative not only provides tangible support to children in need but also fosters connections that transcend borders and cultures.
This information is meant to be a general summary of The Love Quilt Project 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.
- Gross Receipts: $33,440
Assets and Liabilities:
- Total Assets: $37,435
- Total Liabilities: $0
- Net Assets: $37,435
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Organization Details
Founding Year
2014
Phone
(703) 244-8499Principal Officer
Gretchen Ginnerty
Main Address
4250 N Glebe Road, Arlington, VA, 22207
Website
www.lovequiltproject.orgNTEE Category
Code: Q33 - International
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