Overview
What is Suits Of Kindness Inc?
Suits of Kindness Inc is a nonprofit organization situated in Brooklyn, New York, with a specific focus on assisting low-income and needy families. Established with a charitable mission, the organization manufactures garments and sells them at cost price to those in need. Their primary objective is to ensure that individuals who cannot afford basic clothing essentials have access to suitable attire. By doing so, Suits of Kindness Inc aims to contribute positively to the well-being of these families and the broader community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Suits Of Kindness Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting an overall score of 94%. This high score is due to its strong performance in the Accountability & Finance beacon, which emphasizes the charity's commitment to transparency and responsible financial management. The rating is significant as it indicates a high level of trustworthiness and effective governance within the organization.
One of the standout features of Suits Of Kindness Inc is its fully independent board, consisting of three members, which enhances the organization’s credibility. The charity has also demonstrated excellent financial stewardship, with a program expense ratio of 98.92%, indicating that the vast majority of its funds are directed towards its mission. Additionally, the charity maintains robust policies for conflict of interest, whistleblower protections, and document retention, further underscoring its commitment to accountability.
While the data reflects a strong financial position with no liabilities, the summary does not highlight any specific programmatic achievements or direct community impact, which could provide a fuller picture of its effectiveness. However, the strong financial ratios and governance practices position Suits Of Kindness Inc as a reliable nonprofit organization in terms of accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Suits Of Kindness Inc legitimate?
Suits Of Kindness Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suits Of Kindness 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: $0
For more financial information, click here
What is the mission statement of Suits Of Kindness Inc?
Suits of Kindness Inc was established with a mission to manufacture and distribute garments on a charitable, not-for-profit basis, aiming to provide clothing at cost to low-income and needy families. The organization's primary activity revolves around purchasing garments with the intention of distributing them to those in need at an affordable price. The organization's objective is to extend aid to families who may be struggling financially, demonstrating a commitment to social responsibility and community support.
Who is the CEO of Suits Of Kindness Inc?
David Herzka is the President of Suits Of Kindness Inc.
What is the revenue of Suits Of Kindness Inc?
Suits Of Kindness Inc's revenue in 2022 was $748,081.
Who are the executives of Suits Of Kindness Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Suits Of Kindness Inc?
Suits Of Kindness Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Suits Of Kindness Inc
Suits of Kindness Inc, a non-profit organization, was established with a mission to manufacture and distribute garments. Their primary objective is to provide these garments to families in need, at a cost that is merely covering the expenses. This philanthropic endeavor aims to offer clothing to low-income families, ensuring they have essential items without facing exorbitant prices. By operating on a not-for-profit basis, Suits of Kindness Inc seeks to make a meaningful impact in the lives of those who require assistance, thereby contributing to their overall well-being.
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Impact
July, 2024
Suits Of Kindness Inc provides a crucial service by manufacturing and distributing garments to low income and needy families at cost price. Through this initiative, the organization directly impacts the lives of individuals and families who may not have the resources to afford quality clothing. By offering these garments at affordable prices, Suits Of Kindness Inc helps to improve the well-being and self-esteem of those in need within the community. This effort contributes to a more equitable society where everyone has the opportunity to access essential items.
This information is meant to be a general summary of Suits Of Kindness 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.
- Program Service Revenue: $710,672
- Gross Receipts: $748,081
Assets and Liabilities:
- Total Assets: $316,703
- Total Liabilities: $0
- Net Assets: $316,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Clothing sales at cost
Revenue
$710,672
Organization Details
Founding Year
2015
Principal Officer
David Herzka
Main Address
2919 AVE K, BROOKLYN, NY, 11210
NTEE Category
Code: P20 - Human services
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