Overview
What is 40 Love Foundation?
The 40 Love Foundation, situated in Culver City, California, is a nonprofit organization dedicated to empowering urban youth through sports and mentorship. Their primary goal is to instill positive values, work ethics, and aspirations in these young individuals. To achieve this, they aim to bridge the financial gap, offering high-quality, affordable sports opportunities. Moreover, the foundation serves as a secure environment, providing strong role models and a safe haven for children in need. Additionally, they strive to expose these youth to better educational prospects through sports.
Official website here: www.40lovela.org/
Is 40 Love Foundation legitimate?
40 Love Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 40 Love Foundation 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: $83,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.40lovela.org/
What is the mission statement of 40 Love Foundation?
The 40 Love Foundation's mission is to positively influence urban youth through sports and mentorship. It strives to bridge the financial gap, ensuring affordable access to high-quality sports opportunities. The foundation also aims to serve as a source of strong role models and a safe environment for children in need. Furthermore, it seeks to expose these youth to better educational opportunities through sports.
Official website here: www.40lovela.org/
Who is the CEO of 40 Love Foundation?
Doris Obih is the Executive Director & Ceo of 40 Love Foundation. The CEO's salary of 40 Love Foundation is $83,875 and their total compensation is $83,875.
Official website here: www.40lovela.org/
What is the revenue of 40 Love Foundation?
40 Love Foundation's revenue in 2022 was $432,277.
Official website here: www.40lovela.org/
Who are the executives of 40 Love Foundation and what are their salaries?
There 30 volunteers at 40 Love Foundation.
Here are 3 key members and their salaries (40 Love Foundation's CEO's salary is $83,875 and their total compensation is $83,875):
- Compensation: $83,875
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.40lovela.org/
Where can I find the form 990 for 40 Love Foundation?
40 Love Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.40lovela.org/
Learn more at the official website: www.40lovela.org/
Mission Statement of 40 Love Foundation
The 40 Love Foundation is committed to making a positive impact on urban youth through the medium of sports and mentorship. Its primary objective is to instill values such as positivity, hard work, and goal-setting in these young individuals. Additionally, the foundation strives to bridge the financial gap, ensuring that quality sports opportunities are accessible and affordable for all involved. By providing a safe and supportive environment, the 40 Love Foundation serves as a sanctuary for children who may be in need of guidance and role models. Furthermore, the organization aims to expose these young people to potential college opportunities through their involvement in sports.
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Impact
October, 2024
The 40 Love Foundation significantly impacts urban youth by using sports and mentorship as a transformative tool. It instills positive values and work ethics, helping young people set and achieve meaningful goals. By providing high-quality and affordable sports opportunities, it bridges the cost gap that often prevents access for many families, thereby promoting inclusivity in athletic participation.
In addition to sports, the foundation offers strong role models and a safe haven for children who may lack guidance or support. This nurturing environment fosters personal development and resilience, empowering young individuals to navigate life's challenges. Furthermore, by exposing youth to better college opportunities through sports, the foundation not only enhances their athletic skills but also opens doors for academic advancement. This holistic approach to youth development enriches their lives and equips them for a brighter future.
This information is meant to be a general summary of 40 Love Foundation. 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: $432,277
Assets and Liabilities:
- Total Assets: -$20,093
- Total Liabilities: $1,073
- Net Assets: -$21,166
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Organization Details
Founding Year
2016
Phone
(310) 200-4831Principal Officer
Doris Obih
Main Address
PO Box 5445, Culver City, CA, 90231
Website
www.40lovela.org/NTEE Category
Code: O50 - Youth development
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