Overview
What is Aloe Family Inc?
Aloe Family Inc is a nonprofit organization situated in Nashville, Tennessee, with a mission to empower individuals and communities impacted by poverty and lack of family support. Through leading-edge education, well-being, and self-sufficiency programs, they strive to foster resilience, empowerment, and hope. Their initiatives include providing business skills training, small business loans, and mentorship to local and international entrepreneurs. The entrepreneurs, in return, create artisan crafts, which are sold through the Aloe Family Marketplace to support the program's growth. The organization also offers English classes, product and cost analysis, budgeting, and financial statement basics to participants. As of 2023, there were 11 entrepreneurs participating in the program. To further their impact, Aloe Family Inc is constructing a workshop and working on acquiring a house for volunteer lodging and classrooms. Their values emphasize cultural competency, staff health, inclusiveness, patience, and integrity.
Official website here: www.thealoefamily.com
Is Aloe Family Inc legitimate?
Aloe Family Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aloe Family 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.
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Official website here: www.thealoefamily.com
What is the mission statement of Aloe Family Inc?
Aloe Family Inc's mission is centered around providing opportunities for education, well-being, self-sufficiency, and healing to resilient communities and individuals facing challenges of poverty and lack of family support. The organization's vision is to foster future leaders who can break the cycles of poverty in their environments through healing, hope, and community empowerment. They value cultural competency, letting local leaders take the lead, staff health and happiness, inclusiveness, patience, creativity, curiosity, passion, integrity, and open communication. Through their programs, they equip entrepreneurs with business skills, provide small loans, training, and mentorship, requiring them to create business plans. They offer classes on various topics like product analysis, budgeting, and English, and help entrepreneurs find marketplaces for their products. Aloe Family Inc also has a for-profit marketplace to support their programs, with 11 entrepreneurs participating as of December 31, 2023. They measure success through various performance indicators and are actively working on infrastructure projects, such as a workshop and a volunteer house.
Official website here: www.thealoefamily.com
Who is the CEO of Aloe Family Inc?
Natalie Hennessy is the Executive Director of Aloe Family Inc.
Official website here: www.thealoefamily.com
What is the revenue of Aloe Family Inc?
Aloe Family Inc's revenue in 2022 was $236,363.
Official website here: www.thealoefamily.com
Who are the executives of Aloe Family Inc and what are their salaries?
There 200 volunteers at Aloe Family Inc.
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Official website here: www.thealoefamily.com
Where can I find the form 990 for Aloe Family Inc?
Aloe Family Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thealoefamily.com
Learn more at the official website: www.thealoefamily.com
Mission Statement of Aloe Family Inc
Aloe Family Inc, a nonprofit organization, is dedicated to providing opportunities for education, well-being, self-sufficiency, and healing to resilient communities and individuals confronting challenges of poverty and lack of family support. Their mission is to empower future leaders to break cycles of poverty in their surroundings, fostering healing, hope, and community empowerment. The organization values cultural competence, allowing local leaders to take the lead, and prioritizes staff health and happiness, inclusiveness, patience, and a constant state of growth.
Through their leadership and professional development program, Aloe Family Inc equips individuals with essential business skills such as marketing, budgeting, and English. Entrepreneurs from both local and international communities receive small business loans, business plan training, and mentorship, enabling them to achieve financial independence. The organization hosts weekly classes on various topics, providing supplies, training, and support in creating products, and helping them to find a market for their goods. As of December 31, 2023, 11 entrepreneurs were participating in the program at various stages of their businesses. The Aloe Family Marketplace, a separate for-profit entity, serves as an additional customer, with 100% of the proceeds going back into the programs of Aloe Family.
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Impact
October, 2024
Aloe Family Inc makes a significant impact by empowering resilient communities and individuals to break the cycles of poverty through education, well-being, and self-sufficiency. By providing resources and training in essential business skills, Aloe Family Inc equips future leaders with the tools necessary to achieve financial independence. Through programs that include small business loans, mentorship, and hands-on workshops, entrepreneurs gain practical knowledge in areas such as marketing, budgeting, and product development.
The organization fosters an inclusive environment that values cultural competency and encourages local leadership. By prioritizing resilience, empowerment, and hope, Aloe Family Inc creates a supportive space where individuals from diverse backgrounds can thrive. The establishment of the Aloe House will further enhance this impact, offering essential resources like computers and training facilities to assist entrepreneurs in their journey.
With a focus on continuous growth and community empowerment, Aloe Family Inc not only helps individuals improve their economic situations but also contributes to the overall health and stability of the communities they serve. Their holistic approach ensures that all participants are equally valued, regardless of race, gender, age, or religion, reinforcing a community of inclusivity and support.
This information is meant to be a general summary of Aloe Family 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: $17,467
- Gross Receipts: $236,363
Assets and Liabilities:
- Total Assets: $129,264
- Total Liabilities: $4,061
- Net Assets: $125,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Payment made for Volunteer Travel and Accommodations
Revenue
$17,467
Organization Details
Founding Year
2022
Phone
(412) 855-1249Principal Officer
Natalie Hennessy
Main Address
1706 Martin Street, Nashville, TN, 37203
Website
www.thealoefamily.comNTEE Category
Code: P20 - Human services
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