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Povertees

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

EIN: 800554997 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Povertees?

Povertees is a nonprofit organization that focuses on providing supportive employment for individuals experiencing homelessness. A notable success story involves an individual who worked over 1,100 hours and is now transitioning into a full-time staff position. This individual also achieved their GED and began college in fall 2019. Povertees continues to provide ongoing support to this individual and aims to help others in similar situations. Furthermore, Povertees has engaged with numerous supporters, donors, and businesses to increase their awareness and understanding of homelessness challenges, particularly during the global pandemic.

Is Povertees legitimate?

Povertees is a legitimate nonprofit organization registered as a 501(c)(3) entity. Povertees 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: $75,213
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,200

For more financial information, click here

What is the mission statement of Povertees?

Povertees, an organization, focuses on providing sustained supportive employment for individuals experiencing homelessness. One such individual, after working over 1,100 hours, has transitioned into a full-time staff position. This individual also achieved their GED and began college in fall 2019. Povertees continues to offer support to help them succeed further. The organization also actively engages with supporters, donors, and businesses, aiming to deepen their understanding of the complexities surrounding homelessness, especially during a global pandemic.

Who is the CEO of Povertees?

Tyler Patterson is the Ceo of Povertees. The CEO's salary of Povertees is $0 and their total compensation is $0.

What is the revenue of Povertees?

Povertees's revenue in 2022 was $224,244.

Who are the executives of Povertees and what are their salaries?

The average compensation at Povertees during 2022 was $18,902. There are 6 employees at Povertees.


Here are 2 key members and their salaries (Povertees's CEO's salary is $0 and their total compensation is $0):


Tyler Patterson (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Povertees?

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

Mission Statement of Povertees

Povertees, an organization dedicated to supporting individuals experiencing homelessness, has a mission centered around providing sustainable employment opportunities. Their primary focus is on one individual, who has achieved significant milestones under their guidance. This person has worked over 1,100 hours and is now transitioning into a full-time staff position. Moreover, they have accomplished a significant personal achievement by completing their GED and starting college in fall 2019. Povertees continues to offer support to this individual as they navigate their new role.

Beyond their direct work with individuals, Povertees also engages with a wide network of supporters, donors, and businesses. They aim to deepen these entities' understanding of the complexities surrounding homelessness, particularly within the context of a global pandemic. By doing so, Povertees plays a crucial role in raising awareness and fostering a supportive community for those in need.

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Impact




October, 2024

Povertees has made a significant impact by providing sustained supportive employment for individuals facing homelessness. A notable achievement includes helping one individual work over 1,100 hours, leading to their transition into a full-time staff position. This journey also included the completion of their GED and enrollment in college, marking a pivotal shift towards long-term success and stability.

The organization actively engages with hundreds of supporters, donors, and businesses, fostering a deeper understanding of the complexities of homelessness, especially during the challenging circumstances of a global pandemic. By creating a community of informed advocates, Povertees helps to address the systemic issues surrounding homelessness while promoting individual empowerment and employment opportunities. The continued support and engagement signify Povertees’s ongoing commitment to creating meaningful change in Los Angeles.




This information is meant to be a general summary of Povertees. 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
$224,244 (2022)
Expenses
$195,287 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $431,083
  • Gross Receipts: $549,068

Assets and Liabilities:

  • Total Assets: $54,340
  • Total Liabilities: $21,339
  • Net Assets: $33,001

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Programs

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

PRODUCT SALES

Revenue

$431,083

Organization Details

Founding Year

2013

Principal Officer

Tyler Patterson

Main Address

6008 FAYETTE STREET, LOS ANGELES, CA, 90042

NTEE Category

Code: P85 - Human services

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