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Locks Of Love Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650755522 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

Overview

What is Locks Of Love Inc?

Locks of Love Inc, situated in West Palm Beach, Florida, is a compassionate nonprofit organization devoted to assisting disadvantaged children aged up to twenty-one. These children have experienced hair loss as a consequence of various medical conditions. The organization's primary mission is to create custom-made hair prosthetics for these children, offering them an opportunity to regain their confidence and self-esteem. Locks of Love maintains a strong online presence through its blog, Facebook page, Instagram account, and Twitter handle, keeping donors and recipients connected. With a small team of five dedicated individuals, Locks of Love continues to make a significant impact in the lives of these children.


Official website here: www.locksoflove.org

Is Locks Of Love Inc legitimate?

Locks Of Love Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Locks Of Love 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.

Here are some key statistics you may want to consider:

Executive Compensation: $64,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,275

For more financial information, click here


Official website here: www.locksoflove.org

What is the mission statement of Locks Of Love Inc?

Locks of Love Inc's mission is centered around providing custom-made hair prosthetics to disadvantaged children, up to the age of twenty-one, who have experienced hair loss due to various medical conditions. The organization's primary goal is to enhance the appearance and self-confidence of these children, thereby improving their overall quality of life. Locks of Love achieves this by producing and distributing these hairpieces at no cost to the recipients. The organization also maintains a strong online presence through platforms like blogs, Facebook, Instagram, and Twitter, serving as a platform for communication and engagement between recipients, donors, and the organization itself.


Official website here: www.locksoflove.org

Who is the CEO of Locks Of Love Inc?

Madonna Coffman is the General Mana of Locks Of Love Inc.


Official website here: www.locksoflove.org

What is the revenue of Locks Of Love Inc?

Locks Of Love Inc's revenue in 2022 was $607,539.


Official website here: www.locksoflove.org

Who are the executives of Locks Of Love Inc and what are their salaries?

The average compensation at Locks Of Love Inc during 2022 was $48,306. There are 5 employees and 153 volunteers at Locks Of Love Inc.

Here are 8 key members and their salaries:

    Linda Borum (General Mana)
  • Compensation: $64,257
  • Related: $0
  • Other: $0

    • Dorothy Barrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail Coffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madonna Coffman (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Coniglio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linnette Miller Lmhc (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Weber Shuren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David White (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.locksoflove.org

    Where can I find the form 990 for Locks Of Love Inc?

    The Locks Of Love Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.locksoflove.org

    Learn more at the official website: www.locksoflove.org

    Mission Statement of Locks Of Love Inc

    Locks of Love Inc, a nonprofit organization, is dedicated to providing custom-made hair prosthetics to disadvantaged children up to the age of twenty-one. These children have experienced hair loss as a result of various medical conditions. The mission of Locks of Love Inc is to alleviate the emotional and physical distress caused by hair loss, offering these children a sense of normalcy and confidence. By providing these personalized wigs, the organization aims to enhance their overall well-being and self-esteem. Locks of Love Inc continues to engage with its recipients and donors through its blog, Facebook page, Instagram account, and Twitter page, fostering a supportive community and spreading awareness about its cause.

    Impact

    This information is meant to be a general summary of Locks Of Love Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Locks of Love Inc's impact can be seen in the 87 wigs/hairpieces they provided to children suffering from hair loss due to medical conditions. By offering custom-made hair prosthetics, Locks of Love helps disadvantaged children up to the age of twenty-one regain their confidence and self-esteem. In addition to their direct assistance, the organization maintains an active online presence through their blog, Facebook page, Instagram account, and Twitter page, creating a supportive community for both recipients and donors. Through their mission to provide hair prosthetics to those in need, Locks of Love positively impacts the lives of children facing medical-related hair loss.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56,186
  • Program Service Revenue: $101,684
  • Gross Receipts: $607,539

    • Assets and Liabilities:
  • Total Assets: $7,166,966
  • Total Liabilities: $4,321
  • Net Assets: $7,162,645
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MATERIAL REVENUE

    Revenue

    $101,684

    Organization Details

    Founding Year

    1997

    Principal Officer

    Madonna Coffman

    Main Address

    234 SOUTHERN BLVD, WEST PALM BEACH, FL, 33405

    NTEE Category

    Code: E86 - Health

    If you are a representative of Locks Of Love Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.