Overview
What is Love Grows Project Inc Love Grows Program?
Love Grows Project Inc's Love Grows Program is a charitable initiative based in Cincinnati, Ohio, specifically at 3094 Madison Road Suite 2A. The program's primary mission is to provide free childcare services for families who struggle to afford the costs, enabling them to work and maintain financial stability while ensuring their children are well-cared for. This nonprofit organization's activities are geared towards alleviating the financial burden of childcare, thereby offering peace of mind to the parents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star Rating
The Love Grows Project Inc. has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial transparency. The rating is derived entirely from a single beacon score, indicating a lack of independent oversight, as the organization has no independent board members. This lack of independence can often raise questions about governance and decision-making processes within the organization.
Despite these concerns, the organization does demonstrate some positive financial practices, with a program expense ratio of 78.16%, indicating that a substantial portion of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has reported no material diversion of assets, suggesting integrity in financial handling. However, multiple critical policies, such as conflict of interest and whistleblower protections, are reportedly missing, which is a significant limitation in terms of organizational accountability.
Overall, while the Love Grows Project Inc. shows a commitment to directing funds towards its mission, the lack of key governance policies and independent oversight is concerning. Potential donors and supporters may want to consider these factors carefully when evaluating the organization's overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Love Grows Project Inc Love Grows Program legitimate?
Love Grows Project Inc Love Grows Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Grows Project Inc Love Grows Program 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.
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What is the mission statement of Love Grows Project Inc Love Grows Program?
The Love Grows Project Inc's Love Grows Program aims to provide free daycare services to families who cannot afford the costs. This initiative enables parents to secure employment and maintain a steady income while having the assurance that their children are being well-cared for. The program covers the expenses associated with childcare, ensuring that financial constraints do not hinder the well-being of both parents and their children.
Who is the CEO of Love Grows Project Inc Love Grows Program?
Melissa Grifin is the Principal Officer of Love Grows Project Inc Love Grows Program.
What is the revenue of Love Grows Project Inc Love Grows Program?
Love Grows Project Inc Love Grows Program's revenue in 2023 was $111,813.
Who are the executives of Love Grows Project Inc Love Grows Program and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Love Grows Project Inc Love Grows Program?
Love Grows Project Inc Love Grows Program's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Love Grows Project Inc Love Grows Program
Love Grows Project Inc's Love Grows Program is committed to providing a vital service for families who face financial challenges, ensuring they can afford daycare costs. By offering free daycare, this nonprofit organization allows parents to secure employment and gain a sense of security, knowing their children are being cared for. The funds used by Love Grows Project Inc are primarily allocated towards covering the expenses associated with childcare, making it an invaluable resource for those in need.
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Impact
October, 2024
The Love Grows Program has a significant impact on families in Cincinnati by alleviating the financial burden of daycare costs. By covering these expenses, the program enables parents to seek and maintain employment without the worry of who will care for their children. This support not only fosters economic stability for families but also provides peace of mind, knowing that their children are safe and well cared for while they work. The initiative enhances the overall quality of life for these families, helping to create a more nurturing environment for children and allowing parents to focus on building their careers. In this way, the Love Grows Program not only addresses immediate childcare needs but also contributes to the long-term well-being of families and the community as a whole.
This information is meant to be a general summary of Love Grows Project Inc Love Grows Program. 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.
- Program Service Revenue: $23,687
- Gross Receipts: $111,813
Assets and Liabilities:
- Total Assets: $86,622
- Total Liabilities: $0
- Net Assets: $86,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUCTIONS
Revenue
$23,687
Organization Details
Founding Year
2020
Principal Officer
Melissa Grifin
Main Address
3094 MADISON ROAD SUITE 2A, CINCINNATI, OH, 45209
NTEE Category
Code: B21 - Education
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