Overview
What is Locks Of Love Inc?
Locks of Love Inc, situated in West Palm Beach, Florida, is a compassionate nonprofit organization devoted to assisting disadvantaged children aged up to twenty-one. These children have experienced hair loss as a consequence of various medical conditions. The organization's primary mission is to create custom-made hair prosthetics for these children, offering them an opportunity to regain their confidence and self-esteem. Locks of Love maintains a strong online presence through its blog, Facebook page, Instagram account, and Twitter handle, keeping donors and recipients connected. With a small team of five dedicated individuals, Locks of Love continues to make a significant impact in the lives of these children.
Official website here: www.locksoflove.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Locks Of Love Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization scored 100% in both the Accountability & Finance and Culture & Community categories, showcasing its effectiveness in governance and community engagement. The charity boasts a majority of independent board members and has established robust financial oversight mechanisms, reflecting its transparency and ethical management.
User feedback presents a mixed perspective. Many donors express pride in contributing to a cause that helps children suffering from hair loss due to medical conditions. They emphasize the importance of donating without expecting recognition, with some sharing personal stories of how donations made a difference in the lives of recipients. However, there are significant criticisms regarding communication and acknowledgment of donations, with some donors feeling neglected after providing hair or financial contributions.
Further complicating the narrative, some reviews raise concerns about the organization's practices, mentioning that Locks Of Love sells donated hair rather than making wigs directly, which leads to skepticism about its operational transparency. Critics argue that this practice undermines the charity's mission and suggest that alternative organizations may be more deserving of support. Overall, while Locks Of Love exhibits strong organizational ratings, user experiences reveal a divide between positive personal contributions and concerns about communication and operational methods.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Locks Of Love Inc legitimate?
Locks Of Love Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Locks 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: $64,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,275
For more financial information, click here
Official website here: www.locksoflove.org
What is the mission statement of Locks Of Love Inc?
Locks of Love Inc's mission is centered around providing custom-made hair prosthetics to disadvantaged children, up to the age of twenty-one, who have experienced hair loss due to various medical conditions. The organization's primary goal is to enhance the appearance and self-confidence of these children, thereby improving their overall quality of life. Locks of Love achieves this by producing and distributing these hairpieces at no cost to the recipients. The organization also maintains a strong online presence through platforms like blogs, Facebook, Instagram, and Twitter, serving as a platform for communication and engagement between recipients, donors, and the organization itself.
Official website here: www.locksoflove.org
Who is the CEO of Locks Of Love Inc?
Madonna Coffman is the General Mana of Locks Of Love Inc.
Official website here: www.locksoflove.org
What is the revenue of Locks Of Love Inc?
Locks Of Love Inc's revenue in 2022 was $607,539.
Official website here: www.locksoflove.org
Who are the executives of Locks Of Love Inc and what are their salaries?
The average compensation at Locks Of Love Inc during 2022 was $48,306. There are 5 employees and 153 volunteers at Locks Of Love Inc.
Here are 8 key members and their salaries:
- Compensation: $64,257
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- Other: $0
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- Other: $0
Official website here: www.locksoflove.org
Where can I find the form 990 for Locks Of Love Inc?
Locks Of Love Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.locksoflove.org
Learn more at the official website: www.locksoflove.org
Mission Statement of Locks Of Love Inc
Locks of Love Inc, a nonprofit organization, is dedicated to providing custom-made hair prosthetics to disadvantaged children up to the age of twenty-one. These children have experienced hair loss as a result of various medical conditions. The mission of Locks of Love Inc is to alleviate the emotional and physical distress caused by hair loss, offering these children a sense of normalcy and confidence. By providing these personalized wigs, the organization aims to enhance their overall well-being and self-esteem. Locks of Love Inc continues to engage with its recipients and donors through its blog, Facebook page, Instagram account, and Twitter page, fostering a supportive community and spreading awareness about its cause.
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Impact
July, 2024
Locks of Love Inc's impact can be seen in the 87 wigs/hairpieces they provided to children suffering from hair loss due to medical conditions. By offering custom-made hair prosthetics, Locks of Love helps disadvantaged children up to the age of twenty-one regain their confidence and self-esteem. In addition to their direct assistance, the organization maintains an active online presence through their blog, Facebook page, Instagram account, and Twitter page, creating a supportive community for both recipients and donors. Through their mission to provide hair prosthetics to those in need, Locks of Love positively impacts the lives of children facing medical-related hair loss.
This information is meant to be a general summary of Locks 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.
- Investment Income: $56,186
- Program Service Revenue: $101,684
- Gross Receipts: $607,539
Assets and Liabilities:
- Total Assets: $7,166,966
- Total Liabilities: $4,321
- Net Assets: $7,162,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MATERIAL REVENUE
Revenue
$101,684
Organization Details
Founding Year
1997
Phone
(561) 833-7332Principal Officer
Madonna Coffman
Main Address
234 SOUTHERN BLVD, WEST PALM BEACH, FL, 33405
Website
www.locksoflove.orgNTEE Category
Code: E86 - Health
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