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Love Life Foundation C/O Maylee Thomas

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

EIN: 752785072 ✦ Mckinney, TX ✦ Designated as a 501(c)(3)

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Overview

What is Love Life Foundation C/O Maylee Thomas?

Love Life Foundation C/O Maylee Thomas is a charitable nonprofit organization situated in McKinney, Texas. Its primary purpose is to provide essential support to abused women and children, focusing on expenses related to clothing, food, and shelter. To fulfill this mission, the foundation allocates operating expenses towards women and children's shelters, ensuring that these facilities can continue offering safe and nurturing environments for those in need. The foundation's efforts aim to empower and protect vulnerable individuals, providing them with the necessary resources to rebuild their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

The Love Life Foundation has received a solid rating of 79% from Charity Navigator, which translates to a Three-Star rating, reflecting a notably strong performance in accountability and finance. This score is derived from their comprehensive evaluation in these areas, indicating the organization is committed to maintaining high standards in financial practices and transparency.

One of the organization's key strengths lies in its governance structure, boasting an entirely independent board, which aligns with best practices for nonprofit oversight. The board's independence is complemented by a robust conflict of interest policy, a whistleblower policy, and documented board meeting minutes, all of which enhance the foundation's accountability and integrity.

However, while the foundation excels in accountability and financial management, the rating does not provide insight into programmatic effectiveness or the impact of its initiatives. As such, potential donors and supporters may want to seek additional information regarding the foundation's specific programs and outcomes to fully understand its overall effectiveness.


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

Is Love Life Foundation C/O Maylee Thomas legitimate?

Love Life Foundation C/O Maylee Thomas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Life Foundation C/O Maylee Thomas 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 Love Life Foundation C/O Maylee Thomas?

The Love Life Foundation's mission is centered around providing operational expenses for women and children's shelters. This charitable organization aims to assist abused women and children by covering costs associated with essentials such as food, clothing, and shelter. By doing so, the foundation seeks to offer a safe and supportive environment for those in need. The foundation's grant purpose is aligned with this mission, aiming to contribute to the well-being of these vulnerable individuals.

Who is the CEO of Love Life Foundation C/O Maylee Thomas?

Maylee Thomas is the Director of Love Life Foundation C/O Maylee Thomas.

What is the revenue of Love Life Foundation C/O Maylee Thomas?

Love Life Foundation C/O Maylee Thomas's revenue in 2022 was $735,206.

Who are the executives of Love Life Foundation C/O Maylee Thomas and what are their salaries?


Here are 4 key members and their salaries:


George Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pokrassa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maylee Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Love Life Foundation C/O Maylee Thomas?

Love Life Foundation C/O Maylee Thomas's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Love Life Foundation C/O Maylee Thomas

Love Life Foundation C/O Maylee Thomas is a charitable organization with a mission to provide financial support for the operational expenses of women's and children's shelters. Their primary purpose is to help abused women and their children by covering costs associated with providing food, clothing, and shelter. This nonprofit organization aims to contribute to the well-being and safety of these vulnerable individuals, offering them a safe haven during challenging times. By providing essential resources, Love Life Foundation C/O Maylee Thomas plays a crucial role in supporting these shelters in their mission to offer refuge and assistance to those in need.

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Impact




July, 2024

The Love Life Foundation C/O Maylee Thomas has a significant impact on providing operating expenses to women's and children's shelters in McKinney, TX. Their charitable purpose is focused on offering grants for clothing, food, and shelter expenses for abused women and children. Through their efforts, they are able to support those in need and contribute positively to the community's human services sector.




This information is meant to be a general summary of Love Life Foundation C/O Maylee Thomas. 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
$735,206 (2022)
Expenses
$716,890 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $735,206

Assets and Liabilities:

  • Total Assets: $308,384
  • Total Liabilities: $0
  • Net Assets: $308,384

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Organization Details

Founding Year

1998

Principal Officer

Maylee Thomas

Main Address

290 ADRIATIC PARKWAY, MCKINNEY, TX, 750728278

NTEE Category

Code: P126 - Human services

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