Health : Patient and Family Support

Locks of Love

Providing hairpieces to children suffering from long-term medical hair loss

Rating

Overall Rating    
      (68.81)
Organizational Efficiency      
Program Expenses 88.1%    
Administrative Expenses 11.2%    
Fundraising Expenses 0.5%    
Fundraising Efficiency $0.00    
Efficiency Rating    
      (38.81)
Organizational Capacity      
Primary Revenue Growth 31.8%    
Program Expenses Growth 27.9%    
Working Capital Ratio (years) 2.02    
Capacity Rating    
      (30.00)

Income Statement     (FYE 11/2007)

Revenue  
Primary Revenue $2,076,403
Other Revenue $89,281
Total Revenue $2,165,684
   
Expenses  
Program Expenses $954,737
Administrative Expenses $122,019
Fundraising Expenses $6,343
Total Functional Expenses $1,083,099
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,082,585
   
Net Assets $3,410,748

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Locks of Love
2925 Tenth Avenue, N
Suite 102
Lake Worth, FL 33461
tel: (888) 896-1588
fax: (561) 963-9914
EIN: 65-0755522

Contact Email
Visit Web Site

Leadership      (FYE 11/2007)

Name Title Compensation % of Expenses
Linda Borum General Manager (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $55,000 5.07%
Other Salaries of Note
Madonna Coffman President (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) Not compensated --

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

When Locks of Love (LOL) first began, it was connected with a for-profit wig retailer. In December 1997, the organization obtained its 501(c)(3) certification from the IRS. LOL provides hairpieces to financially disadvantaged children under age 18 suffering from long-term medical hair loss. We meet a unique need for children by using donated hair to create the highest quality hair prosthetics. The number of hairpieces provided has increased significantly since its inception. To date, over 2,000 children have been helped. Locks of Love has recipients in all 50 states and Canada and is working towards its goal to help every financially disadvantaged child suffering from long-term hair loss.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Locks of Love - FL 68.81
Friends of Karen - NY 68.38
Rofeh Cholim Cancer Society - NY 55.10
Little Star Foundation - CO 69.00
Ronald McDonald House Charities of Metro St. Louis - MO 59.04
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Locks of Love - FL 68.81
Little Star Foundation - CO 69.00
The Sunshine Kids Foundation - TX 68.92
Bear Necessities Pediatric Cancer Foundation - IL 60.59
National Caregiving Foundation - VA 25.30
Compare These Charities (Most Viewed)
 
 

Kiplinger's 2007TIMEPC MagazineForbesCrystalTech