Love It Once More Inc

Charity Navigator Rating: 57%, One-Star out of Four Stars

Love It Once More Inc has received a One-Star rating from Charity Navigator due to significant concerns in its accountability and finance metrics. The charity's overall score is based solely on this category, indicating a need for improvement in areas such as board independence and governance practices. With no independent board members, the organization scored poorly on board composition, which is crucial for ensuring transparency and trust.

Despite these weaknesses, the organization shows positive signs in its financial handling, maintaining a 100% program expense ratio, indicating that all its expenses are directed toward its programs. However, the absence of essential governance practices such as a whistleblower policy, document retention guidelines, and posted board meeting minutes raises concerns about its operational integrity and adherence to best practices.

Overall, while Love It Once More Inc has demonstrated effective program spending, the lack of independent oversight and missing governance policies contribute to its low rating. Potential donors and supporters may want to consider these factors when evaluating their involvement with this nonprofit.

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

Love It Once More Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love It Once More 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: $77,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,770

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