Overview
What is Heavenly Treasures?
Heavenly Treasures is a U.S.-based nonprofit organization, dedicated to uplifting communities in 20 developing countries. They achieve this by collaborating with over 60 projects, employing approximately 900 artisans. By purchasing and selling their handicrafts, they generate revenue, with sales amounting to $279.6K in 2022. This income transformation has positively impacted over 15,000 individuals. Due to COVID-19 restrictions, their focus has been on livelihood development in five countries. Heavenly Treasures extends its support beyond sales, investing in initiatives such as scholarships, business training, and artisan care programs in Kenya. Their mission is to aid individuals in breaking the cycle of poverty through handiwork and creativity, providing assistance in various aspects of their microenterprises.
Official website here: www.heavenlytreasures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This score indicates a solid performance in terms of accountability and finance, showcasing the organization’s commitment to transparency and responsible management of resources.
Heavenly Treasures scores highly across several accountability metrics, including a perfect score for the majority of independent board members and no material diversion of assets. The charity has robust policies in place, such as conflict of interest and whistleblower policies, which contribute to its overall financial integrity. The program expense ratio of 76.36% suggests that a significant portion of donations is directed towards its programs rather than administrative costs.
While the financial practices appear strong, the rating is solely based on the accountability and finance beacon. Potential donors may want to look for additional metrics regarding program impact and effectiveness to gain a full understanding of the organization's overall performance and community contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Heavenly Treasures legitimate?
Heavenly Treasures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heavenly Treasures 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: $96,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,152
For more financial information, click here
Official website here: www.heavenlytreasures.org
What is the mission statement of Heavenly Treasures?
Heavenly Treasures' mission is centered around aiding individuals in developing countries escape the cycle of poverty. They achieve this by offering assistance in various aspects of microenterprise development, particularly handicraft projects. By equipping these individuals with the necessary business and product development skills, local marketing strategies, spiritual guidance, and international marketing opportunities, Heavenly Treasures aims to help establish and sustain small enterprises. These ventures, ranging from a single refugee family to a group of village women, can provide a consistent income, ultimately leading towards self-sufficiency.
Official website here: www.heavenlytreasures.org
Who is the CEO of Heavenly Treasures?
Unavailable The CEO's salary of Heavenly Treasures is $94,281 and their total compensation is $96,223.
Official website here: www.heavenlytreasures.org
What is the revenue of Heavenly Treasures?
Heavenly Treasures's revenue in 2022 was $670,997.
Official website here: www.heavenlytreasures.org
Who are the executives of Heavenly Treasures and what are their salaries?
The average compensation at Heavenly Treasures during 2022 was $17,482. There are 7 employees and 20 volunteers at Heavenly Treasures.
Here are 8 key members and their salaries (Heavenly Treasures's CEO's salary is $94,281 and their total compensation is $96,223):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $94,281
- Related: $0
- Other: $1,942
- Compensation: $0
- 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
Official website here: www.heavenlytreasures.org
Where can I find the form 990 for Heavenly Treasures?
Heavenly Treasures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heavenlytreasures.org
Learn more at the official website: www.heavenlytreasures.org
Mission Statement of Heavenly Treasures
Heavenly Treasures, a nonprofit organization, is committed to aiding individuals in developing countries break free from the cycle of poverty. Their mission is to empower and assist these people by equipping them with the necessary tools for microenterprise development. The organization focuses on handicraft projects, which serve as the foundation for small businesses, enabling the participants to strive towards self-sufficiency.
Heavenly Treasures provides assistance in various areas to support and strengthen these microenterprises. They offer guidance in business development, helping the entrepreneurs to create and grow their ventures. Additionally, they provide support in product development, enabling these businesses to offer high-quality items. Furthermore, the organization assists with local marketing strategies, helping the microenterprises to reach and connect with their target audience.
Spiritual guidance and international marketing are also integral parts of Heavenly Treasures' mission. By offering spiritual guidance, the organization aims to support the emotional and spiritual well-being of the entrepreneurs, helping them to stay motivated and focused on their goals. Meanwhile, international marketing assistance enables these microenterprises to reach a wider market, increasing their potential for success.
In summary, Heavenly Treasures is a nonprofit organization dedicated to uplifting individuals in developing countries by assisting them in creating and growing microenterprises through handicraft projects. They provide guidance in business development, product development, local marketing strategies, spiritual guidance, and international marketing, all aiming to help these microenterprises become self-sufficient and thrive.
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Impact
July, 2024
Heavenly Treasures is making a significant impact by providing microenterprise development opportunities in developing countries to help individuals lift themselves out of poverty. Through their work with 60 projects and 900 artisans in 20 different countries, they have positively affected over 15,000 lives by providing income-generating opportunities. In the face of challenges such as Covid-19 restrictions, Heavenly Treasures has focused on livelihood development in five key countries, including Kenya where they offer various programs such as livelihood and community development, scholarships, business training, and artisan care programs.
Additionally, the organization has invested over $372.4K in activities outside the U.S., demonstrating their commitment to supporting sustainable livelihood projects. By selling handicrafts through various retail channels in the U.S., Heavenly Treasures generated $279.6K in handicraft sales in the reporting period of January to December 2022, further fueling their impact.
Overall, Heavenly Treasures' dedication to equipping and empowering individuals in developing countries to break the cycle of poverty through handiwork and creativity is truly inspiring and has created tangible positive change in the lives of many.
This information is meant to be a general summary of Heavenly Treasures. 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: $104
- Program Service Revenue: $33,319
- Gross Receipts: $928,397
Assets and Liabilities:
- Total Assets: $468,009
- Total Liabilities: $47,408
- Net Assets: $420,601
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Organization Details
Founding Year
1998
Phone
(626) 963-7717Main Address
PO Box 1982, Glendora, CA, 91740
Website
www.heavenlytreasures.orgNTEE Category
Code: Q32 - International
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