Overview
What is Lives Of Purpose Inc?
Lives Of Purpose Inc is a nonprofit organization situated in Grimesland, North Carolina. Their primary venture is a coffee shop named Awaken Coffee, which serves as a platform for employing individuals with intellectual and developmental disabilities. These individuals are given opportunities to work in various roles such as baristas, cashiers, and stock clerks, thereby fostering their skills, self-confidence, and dignity. The organization's mission is to empower these individuals through meaningful employment, thereby enhancing their quality of life.
Official website here: www.livesofpurpose.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Lives Of Purpose Inc has received a 76% rating from Charity Navigator, reflecting a solid performance primarily in the area of Accountability & Finance. The organization's strong fiscal management is evident, with a significant program expense ratio of 94.99%, indicating that most of their funds are directed towards their mission rather than administrative or fundraising costs.
The nonprofit boasts a fully independent board, with all members meeting the standards for independence, which contributes positively to its governance. However, the organization has received points deducted for missing policies related to conflicts of interest and whistleblower protections, which are critical for transparency and accountability.
While the overall score is commendable, the absence of certain governance policies may raise concerns for some donors about the organization's commitment to best practices. Nevertheless, with strong financial ratios and a commitment to program expenses, Lives Of Purpose Inc demonstrates a focus on its mission, providing a degree of confidence to potential supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lives Of Purpose Inc?
100% of the 19 reviewers on Facebook recommend Lives Of Purpose Inc. Here is a summary of their reviews:
The organization is praised for its strong Christian values and dedication to assisting those in need, particularly individuals who might have been overlooked by other services. Reviewers appreciate the compassionate approach taken by the nonprofit, highlighting its willingness to provide support and opportunities for those facing challenges.
Overall, there is a resounding sense of positivity surrounding Lives Of Purpose Inc., with many individuals expressing gratitude for the life-changing assistance they received. The strong recommendation rate indicates that the nonprofit effectively fulfills its mission and has a meaningful impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Lives Of Purpose Inc legitimate?
Lives Of Purpose Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lives Of Purpose 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.livesofpurpose.org
What is the mission statement of Lives Of Purpose Inc?
Lives of Purpose Inc, through its initiative Awaken Coffee, aims to fulfill a mission that empowers adults with intellectual and developmental disabilities. The organization provides opportunities for these individuals to showcase their skills, boost their confidence, and uphold their dignity. By operating a coffee shop, Awaken Coffee offers various roles such as baristas, cashiers, and stock clerks, enabling these individuals to fully realize their potential. The mission of Lives of Purpose Inc is essentially about creating a supportive environment where adults with intellectual and developmental disabilities can thrive and contribute meaningfully to society.
Official website here: www.livesofpurpose.org
Who is the CEO of Lives Of Purpose Inc?
Carol Preston is the President of Lives Of Purpose Inc.
Official website here: www.livesofpurpose.org
What is the revenue of Lives Of Purpose Inc?
Lives Of Purpose Inc's revenue in 2022 was $123,482.
Official website here: www.livesofpurpose.org
Who are the executives of Lives Of Purpose Inc and what are their salaries?
There 75 volunteers at Lives Of Purpose Inc.
Here are 7 key members and their salaries:
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Official website here: www.livesofpurpose.org
Where can I find the form 990 for Lives Of Purpose Inc?
Lives Of Purpose Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livesofpurpose.org
Learn more at the official website: www.livesofpurpose.org
Mission Statement of Lives Of Purpose Inc
Lives of Purpose Inc, through its venture Awaken Coffee, is dedicated to a noble mission. This mission centers around providing employment opportunities for adults with intellectual and developmental disabilities. The organization's goal is multifaceted, encompassing the promotion of their skills, boosting their confidence, and upholding their dignity. By operating a coffee shop, Awaken Coffee, Lives of Purpose Inc provides a platform where these individuals can take on various roles, such as baristas, cashiers, and stock clerks. This setting allows them to fully actualize their potential, thereby contributing to their personal growth and overall well-being.
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Impact
October, 2024
Lives Of Purpose Inc has a profound impact by providing employment opportunities for adults with intellectual and developmental disabilities. Through its coffee shop, Awaken Coffee, the organization empowers these individuals by creating inclusive job roles such as Baristas, Cashiers, and Stock Clerks. This initiative not only fosters essential job skills but also boosts their confidence and sense of dignity. By focusing on their strengths and abilities, Lives Of Purpose Inc contributes to a more inclusive community, enabling these individuals to realize their full potential and actively participate in society.
This information is meant to be a general summary of Lives Of Purpose Inc. 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.
- Program Service Revenue: $9,133
- Gross Receipts: $123,482
Assets and Liabilities:
- Total Assets: $395,281
- Total Liabilities: $61
- Net Assets: $395,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Coffee Shop
Revenue
$9,133
Organization Details
Founding Year
2019
Phone
(252) 341-2486Principal Officer
Carol Preston
Main Address
PO Box 362, Grimesland, NC, 27837
Website
www.livesofpurpose.orgNTEE Category
Code: J99 - Employment
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