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Love Out Loud

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474085418 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Love Out Loud?

Love Out Loud is a nonprofit organization based in Winston-Salem, North Carolina. With a mission rooted in the love of Jesus, Love Out Loud connects and mobilizes individuals, churches, groups, nonprofits, community organizations, and businesses to collectively enhance their city. The organization has over 150 faith-groups, 300 nonprofits, several hundred businesses, and thousands of volunteers engaged in various passions and skills, all working towards the betterment of their community. Particularly, Love Out Loud focuses on ACES (Adverse Childhood Experiences), collaborating with community groups and grassroots organizations to raise awareness and implement an education and advocacy campaign in Forsyth County. Their goal is to support healthier children, families, and community stakeholders by lessening the immediate and long-term harm of ACES, promoting restoration, and achieving equity and justice through aligning schools, community, and home. Love Out Loud employs a team of 12 dedicated individuals.


Official website here: www.loveoutloudws.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Stars

Love Out Loud has received a strong rating of 94% from Charity Navigator, reflecting its effective accountability and financial management. With a majority of independent board members and robust financial oversight, the organization shows a commitment to transparency and ethical governance. Its impressive program expense ratio of 92.36% indicates that a significant portion of its funds is dedicated to its programs and services.

The organization excels in its accountability and finance score, achieving a perfect score in several areas such as material diversion of assets and financial statements audit oversight. Additionally, it demonstrates a high level of commitment to culture and community with a score of 94%, showcasing its engagement and impact within the community it serves. Leadership and adaptability, while rated at 80, also reflect a solid investment in leadership development and an ability to adapt to external changes.

However, the lower score in leadership and adaptability suggests there may still be room for improvement in these areas. Overall, Love Out Loud stands out for its strong governance and transparency practices, making it a commendable choice for donors looking to support effective nonprofit organizations.


This AI summary has been generated from information found on Charity Navigator.

Is Love Out Loud legitimate?

Love Out Loud is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Out Loud 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: $455,906

For more financial information, click here


Official website here: www.loveoutloudws.com

What is the mission statement of Love Out Loud?

Love Out Loud is an organization that aims to bring people and resources together to transform their city through the love of Jesus. By connecting churches, groups, individuals, nonprofits, community organizations, and businesses, Love Out Loud seeks to find alignment in various efforts to maximize community resources. This network mobilizes thousands of volunteers with unique passions and skills to contribute to the flourishing of their community. Love Out Loud's mission is to foster collaboration, leveraging the collective strengths of its partners to make a tangible impact in their city.


Official website here: www.loveoutloudws.com

Who is the CEO of Love Out Loud?

Carmen Palmer is the Board Member of Love Out Loud.


Official website here: www.loveoutloudws.com

What is the revenue of Love Out Loud?

Love Out Loud's revenue in 2022 was $1,208,825.


Official website here: www.loveoutloudws.com

Who are the executives of Love Out Loud and what are their salaries?

The average compensation at Love Out Loud during 2022 was $37,992. There are 12 employees and 4000 volunteers at Love Out Loud.


Here are 9 key members and their salaries:


Georgio Hiatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Hicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Palmer (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Ravish (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rochester (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Samuels (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Suarez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Williams (Vice Board C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasser Youseff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.loveoutloudws.com

Where can I find the form 990 for Love Out Loud?

Love Out Loud's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.loveoutloudws.com

Learn more at the official website: www.loveoutloudws.com

Mission Statement of Love Out Loud

Love Out Loud is a network that connects and mobilizes individuals, churches, groups, and resources to transform their city with the love of Jesus. This nonprofit organization serves as a bridge between over 150 faith-based groups, 300 nonprofits, other community organizations, and several hundred businesses. The primary goal of Love Out Loud is to foster alignment across these various entities, maximizing community resources and mobilizing thousands of volunteers with unique passions and skills. By partnering with anyone working towards the flourishing of the community, Love Out Loud aims to leverage its vast network to effect meaningful change.

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Impact




July, 2024

Love Out Loud's impact can be seen in the transformation of Winston Salem through the love of Jesus. By connecting and mobilizing people and resources, Love Out Loud has created a network of churches, groups, and individuals dedicated to loving their neighbors. This collaboration includes over 150 faith groups, 300 Love Out Louds, and numerous community organizations and businesses, all working towards the flourishing of the community. By aligning these efforts and mobilizing thousands of volunteers with diverse skills and passions, Love Out Loud has maximized community resources and made a tangible difference in Winston Salem. It is through initiatives like ACES Nourishing Forsyth, focusing on adverse childhood experiences, that Love Out Loud demonstrates its commitment to creating awareness, supporting healthier families, and promoting equity and justice in the community.




This information is meant to be a general summary of Love Out Loud. 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.

Revenue
$1,208,825 (2022)
Expenses
$1,260,261 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,507
  • Program Service Revenue: $13,289
  • Gross Receipts: $1,235,678

Assets and Liabilities:

  • Total Assets: $1,492,824
  • Total Liabilities: $8,215
  • Net Assets: $1,484,609

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL OF LOVE TUITION

Revenue

$10,000

STUDENT CAMPS

Revenue

$3,289

Organization Details

Founding Year

2015

Principal Officer

Carmen Palmer

Main Address

PO BOX 20912, WINSTON SALEM, NC, 27120

NTEE Category

Code: P20 - Human services

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