Love Inc Of Dekalbsycamore
- Assets
- $16.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sycamore, IL
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 26-2501531
Organization Overview
Love Inc Of Dekalbsycamore is located in Sycamore, IL. The organization was established in 2009. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of Dekalbsycamore 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, Love Inc Of Dekalbsycamore generated $59.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $52.0k during the year ending 12/2021. While expenses have increased by 10.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
LOVE IN THE NAME OF CHRIST OPERATES AS A CENTRAL CLEARINGHOUSE AND MINISTRY CENTER, RECEIVING CALLS FOR NEEDS OF ALL KINDS AND VERIFYING LEGITIMACY OF NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Scott Executive Di | 40 | $23,175 | |
Donna Wagneer Treasurer | 1 | $0 | |
Rich Temple Chair | 1 | $0 | |
Janell Temple Secretary | 1 | $0 | |
Erica Joy Payton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,020 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,021 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,948 |
| Professional fees and other payments to independent contractors | $2,400 |
| Occupancy, rent, utilities, and maintenance | $1,243 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $7,597 |
| Total expenses | $51,970 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,695 |
| Other assets | $0 |
| Total assets | $16,897 |
| Total liabilities | $2,458 |
| Net assets or fund balances | $14,439 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Love Inc Of Dekalbsycamore has recieved totaling $7,439.
| Awarding Organization | Amount |
|---|---|
Dekalb County Community Foundation Sycamore, IL PURPOSE: GENERAL SUPPORT | $7,439 |
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|---|---|---|
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Ecumenical Institute Chicago, IL | $3,347,754 | $1,159,745 |
Gostomski Foundation Homewood, IL | $18,828,695 | $1,379,289 |
Grace On Wings Incorporated Indianapolis, IN | $405,431 | $969,890 |
Victory Ministry & Sports Complex Joplin, MO | $3,915,599 | $912,983 |
Reconciled World Inc Wheaton, IL | $450,260 | $925,183 |
Redemption House Ministry Inc Fort Wayne, IN | $1,071,435 | $909,788 |
Joy Baptist Camp Association Inc Whitewater, WI | $411,134 | $730,734 |
Living Hope Church Green Bay, WI | $1,207,459 | $572,135 |