Overview
What is Skillz 4 Life Inc?
Skillz 4 Life Inc, located in Louisville, Kentucky at 204 East Jacob Street, is a dedicated nonprofit organization. Their primary mission is to help children overcome challenges in various aspects of their lives, focusing on school readiness, communication, physical health, social well-being, academic success, and leadership. They aim to break the cycle of poverty by providing children, adults, and families with the necessary skills, information, and high-quality services. With a team of 41 employees, Skillz 4 Life Inc strives to empower individuals to reach their full potential and achieve their greatest dreams.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Skillz 4 Life Inc has received a score of 67%, indicating a Two-Star rating, which suggests moderate performance in accountability and finance. The organization demonstrates strong governance with a fully independent board and has no documented material diversion of assets, showing a commitment to ethical management practices. The program expense ratio is notably high at 87.19%, reflecting that a significant portion of its expenditures directly supports its programs.
However, the organization faces challenges in transparency and governance practices, as evidenced by several missing policies, including conflict of interest and whistleblower policies, which are critical for maintaining trust and accountability. Additionally, the absence of financial statements and a website listed on the tax form further detracts from its overall rating, indicating areas where improvement is needed to enhance credibility and public confidence.
Overall, while Skillz 4 Life Inc demonstrates strong programmatic focus and effective governance through an independent board, the lack of essential financial documentation and policies signifies a need for growth in transparency and accountability measures. Addressing these limitations could help improve its ratings and stakeholder trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Skillz 4 Life Inc legitimate?
Skillz 4 Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skillz 4 Life 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: $143,432
For more financial information, click here
What is the mission statement of Skillz 4 Life Inc?
Skillz 4 Life Inc's mission is centered around breaking the cycle of poverty. This is accomplished by connecting children, adults, and families with essential skills, pertinent information, and high-quality services. The organization aims to empower these individuals to reach their full potential. Specifically, Skillz 4 Life Inc focuses on enhancing children's abilities in areas such as school readiness, communication, physical health, social well-being, academic success, and leadership.
Who is the CEO of Skillz 4 Life Inc?
Marleeta Harris is the Vptreasurer of Skillz 4 Life Inc. The CEO's salary of Skillz 4 Life Inc is $28,040 and their total compensation is $28,040.
What is the revenue of Skillz 4 Life Inc?
Skillz 4 Life Inc's revenue in 2022 was $767,788.
Who are the executives of Skillz 4 Life Inc and what are their salaries?
The average compensation at Skillz 4 Life Inc during 2022 was $3,498. There are 41 employees at Skillz 4 Life Inc.
Here are 5 key members and their salaries (Skillz 4 Life Inc's CEO's salary is $28,040 and their total compensation is $28,040):
- Compensation: $47,700
- Related: $0
- Other: $0
- Compensation: $28,040
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Skillz 4 Life Inc?
Skillz 4 Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Skillz 4 Life Inc
Skillz 4 Life Inc, a nonprofit organization, is committed to breaking the cycle of poverty. They achieve this by connecting children, adults, and families with the necessary skills, information, and high-quality services they need to reach their full potential. The mission of Skillz 4 Life Inc is multifaceted, focusing on various aspects of personal development.
In specific terms, Skillz 4 Life Inc aims to enhance the lives of its beneficiaries in several key areas. They strive to foster school readiness, improve communication skills, promote physical health, enhance social well-being, boost academic success, and cultivate leadership qualities. By providing these skills, they aim to empower individuals and families to overcome the challenges of poverty and thrive in their personal and professional lives.
In essence, Skillz 4 Life Inc serves as a bridge, connecting individuals to the resources they need to break free from the cycle of poverty and achieve their greatest potential. Their approach is holistic, addressing various aspects of personal development to ensure sustainable and meaningful improvement in the lives of those they serve.
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Impact
July, 2024
Skillz 4 Life Inc is making a significant impact in Louisville, KY by breaking the cycle of poverty through equipping children, adults, and families with the necessary skills, information, and services to reach their fullest potential. This organization focuses on building essential skills in children, such as school readiness, communication, physical health, social well-being, academic success, and leadership. By providing these comprehensive services, Skillz 4 Life Inc is helping individuals in the community improve their quality of life and overcome barriers to success.
This information is meant to be a general summary of Skillz 4 Life 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.
- Investment Income: $6
- Program Service Revenue: $107,931
- Gross Receipts: $767,788
Assets and Liabilities:
- Total Assets: $162,400
- Total Liabilities: $43,480
- Net Assets: $118,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Endowment Fund
Fee Income
Revenue
$107,931
Organization Details
Founding Year
2014
Principal Officer
Marleeta Harris
Main Address
204 East Jacob Street, Louisville, KY, 40203
NTEE Category
Code: B21 - Education
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