Overview
What is Direct Giving Lab?
Direct Giving Lab is a nonprofit organization situated in Lake County, Illinois, dedicated to providing direct financial assistance to families living below the poverty line. Identified by a local social agency, these families, specifically those in cohorts 3 and 4, receive monthly cash transfers of $150. This financial aid, delivered directly to their bank accounts via Zelle, serves to alleviate their immediate needs and bridge the daily financial gaps they face. The funds are intended to help cover emergency expenses, providing these families with much-needed support.
Is Direct Giving Lab legitimate?
Direct Giving Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Direct Giving Lab submitted a form 990EZ, 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.
What is the mission statement of Direct Giving Lab?
Direct Giving Lab's mission involves providing direct financial assistance to families living below the poverty line, as identified by a social agency. Specifically, they provide monthly cash transfers of $150 through digital platforms like Zelle. This aid assists families in managing emergency expenses and bridging their daily financial gaps. The organization aims to improve their recipients' livelihoods and help them navigate through financial hardships. Direct Giving Lab's activities do not include advocacy or research but focus solely on direct cash transfers.
Who is the CEO of Direct Giving Lab?
Jordan Bell-Masterson is the President of Direct Giving Lab.
What is the revenue of Direct Giving Lab?
Direct Giving Lab's revenue in 2023 was $56,810.
Who are the executives of Direct Giving Lab and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990EZ for Direct Giving Lab?
Direct Giving Lab's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Direct Giving Lab
Direct Giving Lab, as an organization, focuses on providing direct cash transfers to families living below the poverty line, identified by a social agency in Lake County, Illinois. In their mission, they aim to assist these families by offering them $150 per month in cash, sent directly to their bank accounts via Zelle. This financial assistance serves to help these families cover emergency expenses and bridge the daily financial gaps they face. Through this initiative, Direct Giving Lab aims to provide much-needed financial relief to those in need, ultimately improving their overall living conditions.
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Impact
August, 2024
Direct Giving Lab's impact can be seen in the lives of the families it supports in Lake County, IL. Through direct cash transfers, the organization provides much-needed assistance to families living below the poverty line. By sending $150 per month to each family through Zelle, Direct Giving Lab helps these families meet emergency expenses and bridge the gap they face on a daily basis. This direct assistance has a tangible and immediate impact on the lives of these families, providing them with a sense of security and stability during challenging times.
This information is meant to be a general summary of Direct Giving Lab. 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 2023.
- Investment Income: $1,243
- Gross Receipts: $56,810
Assets and Liabilities:
- Total Assets: $90,642
- Total Liabilities: $0
- Net Assets: $90,642
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Organization Details
Principal Officer
Jordan Bell-Masterson
Main Address
944 Enfield Dr, Northbrok, IL, 60062
NTEE Category
Code: T50 - Philanthropy
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