The Preemptive Love Coalition
- Assets
- $9.9m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 52
- Location
- Hewitt, TX
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-2450109
Organization Overview
The Preemptive Love Coalition is located in Hewitt, TX. The organization was established in 2009. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2022, Preemptive Love Coalition employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preemptive Love Coalition 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 12/2022, Preemptive Love Coalition generated $5.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $11.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A GLOBAL COMMUNITY OF PEACEMAKERS WORKING TO END WAR THROUGH RELIEF, JOBS, & COMMUNITY.
Describe the Organization's Program Activity:
JOBS: LIVELIHOODS EMPOWER DISPLACED PEOPLE LIVING IN POST-CONFLICT AREAS TO RECLAIM THEIR IDENTITIES. WE EMPOWER THEM TO CAPITALIZE ON THEIR FORMER SKILLS OR TEACH THEM NEW ONES. WE INVEST IN ONE-TO-ONE BUSINESSES TO STABILIZE COMMUNITIES AND TRAIN PEOPLE IN INFORMATION TECHNOLOGY, ENGLISH, AND SOFT SKILLS TO PREPARE THEM FOR THE MODERN JOB MARKET. IN 2022 WE HAD OVER 1,178 STUDENTS GRADUATE FROM OUR TECH HUB, AND THROUGH OUR PROGRAMMING, WE STARTED 396 JOBS.
RELIEF: PEOPLE LIVING IN CONFLICT OR ECONOMIC DEVASTATION, PEOPLE LIVING IN MOBILITY, AND PEOPLE REBUILDING THEIR LIVES POST-CONFLICT SHARE A STRIKING SIMILARITY: WHO THEY ARE NOW IS NOT WHO THEY USED TO BE. CONFLICT OR POVERTY HAS ROBBED THEM OF A SENSE OF SELF AS VIOLENCE OR DISPLACEMENT CLAIMS FAMILY MEMBERS, PROFESSIONS, OR WHOLE COMMUNITIES. BUILDING AND NURTURING LOCAL RELATIONSHIPS ALLOW US TO MEET THE BASIC NEEDS OF PEOPLE CAUGHT IN CRISIS, CONFLICT, OR MOBILITY. WE PROVIDE FOOD RELIEF, CLEAN WATER, BLANKETS, AND HYGIENE KITS DURING EMERGENCIES. IN THE LONGER TERM, WE SET UP CLINICS TO PROVIDE MEDICAL CARE AND IMPROVE SUSTAINABILITY EFFORTS GIVING DISPLACED PEOPLE A SAFE PLACE TO REGROUP.
COMMUNITY: WE FOSTER SUBSTANTIVE DIALOGUES ACROSS LINES OF DIFFERENCES WITH PEOPLE AROUND THE WORLD. WE HOLD COMMUNITY EVENTS, EDUCATIONAL WORKSHOPS, WEBINARS, AND SEMINARS AND PROVIDE EDUCATIONAL RESOURCES TO PROMOTE PEACEMAKING. IN 2022 WE CONNECTED OVER 975 PEOPLE THROUGH A PEACEMAKING CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Courtney President (part-Year) | OfficerTrustee | 60 | $179,432 |
Ellen Meyer Shorb Interim CEO | OfficerTrustee | 60 | $106,615 |
Michelle Fisher Chair (part-Year) | OfficerTrustee | 1 | $0 |
Farah Siddiqui Secretary | OfficerTrustee | 1 | $0 |
Lauren Holiday Director | Trustee | 1 | $0 |
Jason Petty Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Particle 41 Developer; Technical Architecture | 12/30/22 | $454,875 |
Salesforce Crm Software | 12/30/22 | $159,113 |
Ripple Group It Project Management | 12/30/22 | $298,392 |
Croud Incorporated Digital Marketing | 12/30/22 | $143,839 |
Innate Strategies Leadership & Culture Consultant | 12/30/22 | $179,536 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,502 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,410,377 |
| Noncash contributions included in lines 1a–1f | $4,211 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,422,879 |
| Total Program Service Revenue | $0 |
| Investment income | $226,395 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$503,593 |
| Net Income from Fundraising Events | -$3,267 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $102,489 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,255,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,078,127 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $987,421 |
| Compensation of current officers, directors, key employees. | $831,973 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,305,139 |
| Pension plan accruals and contributions | $16,188 |
| Other employee benefits | $155,731 |
| Payroll taxes | $285,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $98,017 |
| Fees for services: Accounting | $184,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,056 |
| Fees for services: Other | $1,074,760 |
| Advertising and promotion | $149,562 |
| Office expenses | $394,103 |
| Information technology | $1,337,824 |
| Royalties | $0 |
| Occupancy | $227,810 |
| Travel | $287,104 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,792 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $185,967 |
| Insurance | $68,315 |
| All other expenses | $4,527 |
| Total functional expenses | $11,832,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,292,234 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,887 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $371,562 |
| Prepaid expenses and deferred charges | $136,100 |
| Net Land, buildings, and equipment | $799,230 |
| Investments—publicly traded securities | $7,287,735 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,890,748 |
| Accounts payable and accrued expenses | $504,763 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $504,763 |
| Net assets without donor restrictions | $9,058,241 |
| Net assets with donor restrictions | $327,744 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,890,748 |
Grants Awarded
Over the last fiscal year, The Preemptive Love Coalition has awarded $27,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HERITAGE PARK BAPTIST CHURCH PURPOSE: Hurricane Harvey relief | $12,000 |
WRECKTIFIED PURPOSE: Hurricane Harvey relief | $15,000 |