Overview
What is Homes Of Love Inc?
Homes of Love Inc, situated in Knoxville, Tennessee, is a dedicated nonprofit organization that focuses on providing safe and nurturing family-structured homes for at-risk children from Cambodia, Vietnam, and Zimbabwe. Established with a commitment to long-term care, the organization ensures the emotional, physical, educational, and spiritual well-being of these children. With a small team of seven employees, Homes of Love Inc maintains a strong presence in the global community, working tirelessly to offer a supportive environment for these vulnerable children, thereby contributing positively to their overall development.
Official website here: www.homesoflove.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating. This rating indicates that Homes Of Love Inc demonstrates a solid level of accountability and finance management as well as a commendable impact measurement. The organization has an Accountability & Finance Score of 88 and an Impact & Measurement Score of 82, showcasing its dedication to transparency and effective program delivery.
Strengths of Homes Of Love Inc include a strong program expense ratio of 76.13%, indicating that a significant portion of their expenses is directed toward their programs. Additionally, the organization has a high percentage of independent board members (88%) and has scored well on various financial oversight metrics, reflecting a commitment to good governance. Their ability to track program progress and report results to stakeholders further reinforces their operational integrity.
However, there are areas for improvement, particularly concerning their governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which may raise concerns regarding accountability and risk management. Furthermore, the absence of their tax forms on the nonprofit's website could limit transparency for potential donors and stakeholders. Overall, while Homes Of Love Inc has many strengths, addressing these limitations could enhance their credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Homes Of Love Inc legitimate?
Homes Of Love Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes Of Love 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: $74,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,729
For more financial information, click here
Official website here: www.homesoflove.org
What is the mission statement of Homes Of Love Inc?
Homes of Love Inc is dedicated to establishing and maintaining small, family-structured homes for orphaned and at-risk children in Cambodia, Vietnam, and Zimbabwe. The organization is committed to providing these children with long-term care, focusing on their emotional, physical, educational, and spiritual well-being. Homes of Love Inc's mission is to provide a nurturing environment where these children can grow and thrive, ensuring they receive the support they need to lead fulfilling lives.
Official website here: www.homesoflove.org
Who is the CEO of Homes Of Love Inc?
Gary Chesney is the Executive Di of Homes Of Love Inc.
Official website here: www.homesoflove.org
What is the revenue of Homes Of Love Inc?
Homes Of Love Inc's revenue in 2022 was $681,406.
Official website here: www.homesoflove.org
Who are the executives of Homes Of Love Inc and what are their salaries?
The average compensation at Homes Of Love Inc during 2022 was $19,967. There are 7 employees and 43 volunteers at Homes Of Love Inc.
Here are 10 key members and their salaries:
- Compensation: $74,038
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.homesoflove.org
Where can I find the form 990 for Homes Of Love Inc?
Homes Of Love Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homesoflove.org
Learn more at the official website: www.homesoflove.org
Mission Statement of Homes Of Love Inc
Homes of Love Inc, a dedicated nonprofit organization, is committed to establishing and maintaining small, permanent, family-structured homes for orphaned and at-risk children in Cambodia, Vietnam, and Zimbabwe. The mission of Homes of Love Inc is centered around providing long-term care to these children, ensuring their emotional, physical, educational, and spiritual well-being. By establishing these homes, Homes of Love Inc aims to provide a stable and nurturing environment for these children, enabling them to grow and thrive. The organization's commitment is not just limited to providing a home but also extends to ensuring the children's overall development, fostering their growth in all aspects of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Homes Of Love Inc's impact lies in establishing and maintaining small, permanent, family-structured homes for orphaned and at-risk children in Cambodia, Vietnam, and Zimbabwe. The organization is committed to providing long-term care to these children emotionally, physically, educationally, and spiritually. By providing family-structured homes for at-risk children in these countries, Homes Of Love Inc is making a significant difference in the lives of vulnerable youth, offering them stability, support, and a nurturing environment to thrive in.
This information is meant to be a general summary of Homes Of Love 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: $681,406
Assets and Liabilities:
- Total Assets: $555,713
- Total Liabilities: $144,631
- Net Assets: $411,082
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(865) 660-4048Principal Officer
Gary Chesney
Main Address
111 LOUDOUN RD SUITE 103, KNOXVILLE, TN, 37934
Website
www.homesoflove.orgNTEE Category
Code: L99 - Housing
If you are a representative of Homes Of Love Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.