Lanas Love Foundation Inc
- Assets
- $402.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-1786908
Organization Overview
Lanas Love Foundation Inc is located in Chattanooga, TN. The organization was established in 2009. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lanas Love Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lanas Love Foundation Inc generated $167.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $129.6k during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Webster President | 5 | $0 | |
Cynthia Webster Secretary | 5 | $0 | |
Dale Forrester Director | 5 | $0 | |
Doug Fisher Director | 5 | $0 | |
Mark Warren Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,803 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $135,910 |
| Other Revenue | $0 |
| Total Revenue | $167,713 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $107,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,532 |
| Other expenses | $18,409 |
| Total expenses | $129,591 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $402,771 |
| Other assets | $0 |
| Total assets | $402,771 |
| Total liabilities | $0 |
| Net assets or fund balances | $402,771 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lanas Love Foundation Inc has recieved totaling $5,690.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $5,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $190 |
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Ronald Mcdonald House Of Durham And Wake Inc Durham, NC | $12,035,561 | $3,831,309 |
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