Overview
What is Love U More Foundation Inc?
The Love U More Foundation Inc, situated in Loudoun County, Virginia, is a nonprofit organization with a mission to uplift at-risk children and their families who struggle with essentials like food, clothing, shelter, and educational resources, despite the county's affluence. Established to address these needs, the Foundation conducts fundraising events to provide financial assistance to food-insecure students in the local area.
Official website here: www.loveumore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
The Love U More Foundation Inc has received a disappointing score of 13%, resulting in a Zero-Star out of Four Star rating. This low score indicates significant concerns regarding its accountability and financial transparency. The organization currently lacks any independent board members, which raises questions about governance and oversight. Additionally, it has several missing policies, such as a conflict of interest policy and a whistleblower policy, which are critical for maintaining integrity and transparency.
Despite reporting no material diversion of assets, indicating that financial resources are likely being used as intended, the organization's overall financial health appears weak. It has not posted required documents, such as board meeting minutes and its tax form, on its website, further diminishing its accountability to stakeholders. Moreover, a concerning ratio of liabilities to assets and program expense ratios of 0% suggest that the organization may not be effectively utilizing its resources for its intended programs or services.
Overall, the Love U More Foundation Inc faces serious challenges in governance, transparency, and financial management, which potential donors and supporters should carefully consider before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Love U More Foundation Inc legitimate?
Love U More Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love U More Foundation Inc 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.
Official website here: www.loveumore.org
What is the mission statement of Love U More Foundation Inc?
The Love U More Foundation Inc, in its mission, seeks to improve the lives of at-risk children and their families who are struggling with basic necessities such as food, clothing, shelter, and educational resources, despite living in a prosperous area. Established with the purpose of supporting these children, the foundation hosts fundraising events to generate funds for local food-insecure students. By doing so, it aims to alleviate their hardships and provide them with the essentials they require to thrive.
Official website here: www.loveumore.org
Who is the CEO of Love U More Foundation Inc?
Keaira Brown Jennings is the Executive Director of Love U More Foundation Inc.
Official website here: www.loveumore.org
What is the revenue of Love U More Foundation Inc?
Love U More Foundation Inc's revenue in 2022 was $40,620.
Official website here: www.loveumore.org
Who are the executives of Love U More Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.loveumore.org
Where can I find the form 990EZ for Love U More Foundation Inc?
Love U More Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.loveumore.org
Learn more at the official website: www.loveumore.org
Mission Statement of Love U More Foundation Inc
The Love U More Foundation is a charitable organization with a mission to elevate the living conditions of at-risk children and their families residing in Loudoun County, Virginia. Despite being considered one of the wealthiest counties in the nation, there exists a substantial population of children who struggle to meet their basic needs, including adequate food, clothing, shelter, and educational resources. Recognizing this issue, the Love U More Foundation was established to provide support to these children in need.
To accomplish its mission, the Love U More Foundation organizes fundraising events to generate revenue for local initiatives aimed at addressing food insecurity among school-aged students. By doing so, it strives to alleviate some of the hardships faced by these children and their families, enabling them to lead more stable and fulfilling lives. The organization's efforts are focused on providing essential resources and support, ultimately aiming to create a more equitable community where every child has the opportunity to thrive.
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Impact
August, 2024
Love U More Foundation Inc has made a significant impact on at-risk children and their families in Loudoun County, VA. Despite the county's affluent status, many children still lack basic necessities such as food, clothing, and access to school resources. The Foundation's efforts have helped provide support to these children, ensuring they have the resources they need to thrive. By holding fundraising events, Love U More Foundation has raised money to support local food-insecure students, making a positive difference in their lives.
This information is meant to be a general summary of Love U More Foundation 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.
- Gross Receipts: $40,620
Assets and Liabilities:
- Total Assets: $19,511
- Total Liabilities: $0
- Net Assets: $19,511
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Organization Details
Phone
0000000000Principal Officer
Keaira Brown Jennings
Main Address
25654 SOUTH VILLAGE DR, SOUTH RIDING, VA, 20152
Website
www.loveumore.orgNTEE Category
Code: B90 - Education
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