Overview
What is Struggle Of Love Foundation?
The Struggle Of Love Foundation, established in Colorado, is a 501(c)(3) organization with a mission to support underprivileged youth and families. Their services and programs are designed to cater to individuals who may not be eligible for other community-assistance programs. The foundation offers a community food pantry, mental health resources, and year-round sports and mentoring. Through their community outreach events, they have aided thousands of families since their inception. The Struggle Of Love Foundation's endeavors aim to provide alternative avenues of support, fostering a sense of inclusion and assistance for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 24%
The Struggle Of Love Foundation has received a Zero-Star out of Four Star rating due to significant concerns related to its accountability and financial practices. With a score of only 24%, the organization shows weaknesses in critical areas such as independent board member representation and the availability of financial statements, which were not provided at all. This lack of transparency raises red flags for potential donors regarding the management and oversight of the charity's operations.
While the foundation does have certain policies in place, including a conflict of interest policy and a whistleblower policy, the overall governance structure appears to be lacking. The absence of independent board members is particularly concerning, as it suggests a potential lack of oversight that could impact decision-making processes. Furthermore, the charity's program expense ratio of 29.67% indicates that a significant portion of its funds may not be directed toward its intended programs.
In summary, potential donors should approach the Struggle Of Love Foundation with caution due to its low rating on Charity Navigator. The identified gaps in accountability and financial transparency could limit the organization's effectiveness and impact in fulfilling its mission. Without significant improvements in these areas, it may be challenging for the foundation to inspire confidence among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Struggle Of Love Foundation legitimate?
Struggle Of Love Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Struggle Of 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: $317,718
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,047
For more financial information, click here
What is the mission statement of Struggle Of Love Foundation?
The Struggle Of Love Foundation is a non-profit organization that offers opportunities for underprivileged youth and families to access year-round services and programs. These programs provide alternatives for individuals who do not qualify for other community-based assistance programs. Since its inception, the foundation has aided numerous families through its community outreach events, aiming to assist those in need. The mission of the Struggle Of Love Foundation is to provide support and resources to underprivileged individuals, offering them a chance to improve their circumstances.
Who is the CEO of Struggle Of Love Foundation?
Lakeshia Hodge is the Executive Dir. of Struggle Of Love Foundation.
What is the revenue of Struggle Of Love Foundation?
Struggle Of Love Foundation's revenue in 2022 was $1,023,107.
Who are the executives of Struggle Of Love Foundation and what are their salaries?
The average compensation at Struggle Of Love Foundation during 2022 was $21,683. There are 26 employees and 100 volunteers at Struggle Of Love Foundation.
Here are 9 key members and their salaries:
- Compensation: $107,617
- Related: $0
- Other: $0
- Compensation: $83,750
- Related: $0
- Other: $0
- Compensation: $46,862
- Related: $0
- Other: $0
- Compensation: $44,753
- Related: $0
- Other: $0
- Compensation: $34,736
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Struggle Of Love Foundation?
Struggle Of Love Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Struggle Of Love Foundation
The Struggle Of Love Foundation, a 501(c)(3) organization, is committed to providing opportunities for underprivileged youth and families in need. Located in Colorado, this nonprofit organization offers year-round services and programs as alternatives to those that may not qualify for other community-based assistance programs. Since its inception, the Struggle Of Love Foundation has assisted thousands of families through its community outreach events. Their mission is to provide underprivileged individuals with access to necessary resources and support, ensuring they are not left behind. By offering various services and programs, this foundation aims to make a significant difference in the lives of those in need.
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Impact
July, 2024
The Struggle Of Love Foundation (SOLF) has made a significant impact in Denver, Colorado, by providing opportunities for underprivileged youth and families to access vital services and programs. SOLF's initiatives, including a community food pantry, mental health resources, and year-round sports and mentoring programs, have positively impacted thousands of families in need. By offering alternatives for those who may not qualify for other assistance programs, SOLF has been a beacon of hope and support in the community. Through their dedicated efforts and community outreach events, SOLF continues to make a real difference in the lives of those facing struggles and challenges.
This information is meant to be a general summary of Struggle Of 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.
- Program Service Revenue: $637,497
- Gross Receipts: $1,023,107
Assets and Liabilities:
- Total Assets: $481,134
- Total Liabilities: $0
- Net Assets: $481,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BRIC FUND
Revenue
$15,000
GRID
Revenue
$110,682
SACKS OF LOVE
Revenue
$184,130
SOL PROGRAM
Revenue
$298,114
YVI
Revenue
$25,000
Organization Details
Founding Year
2009
Phone
(720) 923-6122Principal Officer
Lakeshia Hodge
Main Address
12000 E 47TH AVE, DENVER, CO, 80239
NTEE Category
Code: P20 - Human services
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