Overview
What is Ladies Of Virtue?
Ladies Of Virtue is a nonprofit organization that prioritizes empowering young women between the ages of 9 and 18. Their mission is to instill purpose, passion, and perseverance in these girls, preparing them for higher education, successful careers, and becoming change agents in their communities. This is achieved through various initiatives, including comprehensive mentorship and guidance towards college acceptance, with a remarkable achievement of 100% of LOV High School seniors securing placements in four-year colleges or universities. Additionally, the organization engages 18 girls annually in its LOV CARES program, aiming to improve the lives of these emerging leaders.
Official website here: www.lovchicago.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Ladies Of Virtue has received a commendable Three-Star rating from Charity Navigator, with an overall score of 84%. The organization excels in Accountability & Finance, achieving a score of 83%, reflecting strong financial practices and transparency. Key strengths include a perfect score for financial statements audits and a robust majority of independent board members, which enhances governance and accountability.
In terms of its cultural and community impact, Ladies Of Virtue scored impressively at 94%. The organization demonstrates effective feedback collection and utilization, indicating a commitment to addressing community needs and adapting its programs accordingly. The high program expense ratio of 86.38% showcases that a significant portion of funds is directed towards its mission-driven activities.
However, while the organization performs well in many areas, there are some limitations noted in equity policies and processes, scoring only 3 out of 7. This suggests room for improvement in implementing comprehensive strategies that promote equity within its operations. Overall, Ladies Of Virtue stands out for its financial health and community engagement but should focus on enhancing its equity framework.
This AI summary has been generated from information found on Charity Navigator.
Is Ladies Of Virtue legitimate?
Ladies Of Virtue is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ladies Of Virtue 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: $110,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $202,363
For more financial information, click here
Official website here: www.lovchicago.org/
What is the mission statement of Ladies Of Virtue?
Ladies Of Virtue's mission is centered around inspiring and empowering girls between the ages of 9 and 18. The organization aims to instill a sense of purpose, passion, and perseverance in these young individuals, preparing them for higher education, careers, and becoming agents of change in their communities. A notable achievement of Ladies Of Virtue is having 100% of its high school seniors gain acceptance into four-year colleges or universities. Additionally, the organization has initiated a program called LOV CARES, where 18 girls have participated. Ladies of Virtue is committed to enhancing the lives of young women, with a focus on developing future leaders.
Official website here: www.lovchicago.org/
Who is the CEO of Ladies Of Virtue?
Jamila Trimuel is the Founder of Ladies Of Virtue.
Official website here: www.lovchicago.org/
What is the revenue of Ladies Of Virtue?
Ladies Of Virtue's revenue in 2022 was $1,176,032.
Official website here: www.lovchicago.org/
Who are the executives of Ladies Of Virtue and what are their salaries?
The average compensation at Ladies Of Virtue during 2022 was $156,412. There are 2 employees at Ladies Of Virtue.
Here are 10 key members and their salaries:
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Official website here: www.lovchicago.org/
Where can I find the form 990 for Ladies Of Virtue?
Ladies Of Virtue's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lovchicago.org/
Learn more at the official website: www.lovchicago.org/
Mission Statement of Ladies Of Virtue
Ladies of Virtue, a nonprofit organization, is committed to instilling purpose, passion, and perseverance in girls aged between 9 and 18. Its mission is to equip these young women with the necessary skills for college, careers, and to empower them to become change agents in their communities. By providing a supportive environment, Ladies of Virtue strives to prepare these girls for their future roles, fostering their leadership abilities and fostering their growth as responsible citizens. The organization's efforts have been successful, with 100% of its high school seniors being accepted into four-year colleges or universities. Additionally, 18 girls participated in the LOV CARES program, further demonstrating their commitment to nurturing and developing the potential of young women.
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Impact
July, 2024
Ladies of Virtue is making a significant impact by instilling purpose, passion, and perseverance in girls aged 9 to 18 in Chicago. Through their programs, they are preparing these young women for college, careers, and to become change agents in their communities. With a commitment to improving the lives of young women, Ladies of Virtue has a track record of success, with 100% of their high school seniors being accepted into four-year colleges or universities. By providing leadership development and guidance, Ladies of Virtue is shaping the future of these girls and empowering them to make a positive difference in the world.
This information is meant to be a general summary of Ladies Of Virtue. 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: $1,176,032
Assets and Liabilities:
- Total Assets: $825,607
- Total Liabilities: $264,171
- Net Assets: $561,436
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Organization Details
Founding Year
2009
Phone
(877) 565-7121Principal Officer
Jamila Trimuel
Main Address
1245 S Michigan Avenue 149, Chicago, IL, 60605
Website
www.lovchicago.org/NTEE Category
Code: O50 - Youth development
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