Overview
What is Love Inc Of The Treasure Valley?
Love Inc of the Treasure Valley is a nonprofit organization situated in Nampa, Idaho. Its primary mission is to address the essential needs of individuals and families in Ada and Canyon Counties, Idaho, by providing them with resources such as food, clothing, shelter, furniture, transportation, and financial guidance. The organization relies on donations from local citizens and sometimes receives contributions from outside the area. Love Inc of the Treasure Valley offers financial assistance in the form of cash and vouchers for necessities like food, auto fuel, and clothing. Additionally, they provide financial guidance through educational programs. The organization's activities are designed to help those in need, focusing mainly on financial support to improve their living circumstances.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (67%)
Love Inc Of The Treasure Valley has received a rating of Two-Star, indicating that the organization needs improvement in various aspects of accountability and finance. While the organization boasts a fully independent board with 100% independent members, it has faced criticism for not providing financial statements, which significantly impacts its transparency and accountability scores.
The nonprofit has a strong program expense ratio of 100%, indicating that all of its expenses are directed towards its programs. However, the lack of essential policies such as conflict of interest, whistleblower, and document retention policies raises concerns about governance practices. Additionally, the absence of a publicly accessible tax form on its website contributes to its low transparency rating.
In summary, while Love Inc Of The Treasure Valley demonstrates strengths in board independence and program expenditure, it needs to address key areas of financial transparency and governance to improve its overall rating and build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Love Inc Of The Treasure Valley legitimate?
Love Inc Of The Treasure Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of The Treasure Valley 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: $657,034
For more financial information, click here
What is the mission statement of Love Inc Of The Treasure Valley?
Love Inc of The Treasure Valley's mission is centered around assisting individuals in need, primarily by addressing their financial requirements. The organization provides essential items such as food, clothing, and auto fuel vouchers, among others. Additionally, they offer financial guidance through educational programs. Their services aim to alleviate the burdens of necessities like shelter, transportation, and furniture, while also offering assistance with auto repairs and financial planning. They accomplish this mission through donations received from local citizens in Ada and Canyon Counties in Idaho, as well as from outside the area.
Who is the CEO of Love Inc Of The Treasure Valley?
Tracy Wilson is the Executive Director of Love Inc Of The Treasure Valley.
What is the revenue of Love Inc Of The Treasure Valley?
Love Inc Of The Treasure Valley's revenue in 2022 was $1,857,110.
Who are the executives of Love Inc Of The Treasure Valley and what are their salaries?
The average compensation at Love Inc Of The Treasure Valley during 2022 was $38,649. There are 17 employees and 775 volunteers at Love Inc Of The Treasure Valley.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Love Inc Of The Treasure Valley?
Love Inc Of The Treasure Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Love Inc Of The Treasure Valley
Love Inc of the Treasure Valley is dedicated to helping those in need, primarily focusing on financial struggles. The organization provides essential resources to individuals and families, offering cash and vouchers for necessities such as food, fuel, and clothing. Beyond material assistance, Love Inc also offers financial guidance through educational programs. By determining the specific needs of the community, such as shelter, furniture, transportation, and more, the organization strives to meet these requirements through donations received from local citizens in Ada and Canyon Counties in Idaho, as well as from outside sources. Overall, Love Inc of the Treasure Valley's mission is to alleviate financial hardships and empower those in need through various forms of assistance and education.
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Impact
July, 2024
Love Inc of the Treasure Valley's impact is significant in providing essential services to those in need in Nampa, Idaho. The organization plays a crucial role in addressing financial needs by offering cash assistance, vouchers for food, auto fuel, clothing, and more. By determining and fulfilling needs for necessities like food, shelter, transportation, and financial guidance, Love Inc positively impacts the lives of individuals in Ada and Canyon counties. Through the support of donations from local citizens and even outside the area, Love Inc is able to alleviate financial burdens and provide essential resources to those facing hardships in the community.
This information is meant to be a general summary of Love Inc Of The Treasure Valley. 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.
- Investment Income: $22,419
- Gross Receipts: $1,857,110
Assets and Liabilities:
- Total Assets: $5,425,974
- Total Liabilities: $34,732
- Net Assets: $5,391,242
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Organization Details
Founding Year
2002
Principal Officer
Tracy Wilson
Main Address
P O BOX 3404, NAMPA, ID, 83653
NTEE Category
Code: Z99Z - Unknown
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