The One Love Foundation In Honor Of Yeardley Love Inc
- Assets
- $8.0m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 67
- Location
- Baltimore, MD
- Founding
- 07/2010
- Data as of
- 06/2023
- EIN
- 27-2904497
Organization Overview
The One Love Foundation In Honor Of Yeardley Love Inc is located in Baltimore, MD. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2023, One Love Foundation In Honor Of Yeardley Love Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Love Foundation In Honor Of Yeardley Love 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 06/2023, One Love Foundation In Honor Of Yeardley Love Inc generated $7.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $11.0m during the year ending 06/2023. While expenses have increased by 18.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ONE LOVE FOUNDATION IN HONOR OF YEARDLEY LOVE, INC. (THE "FOUNDATION") WAS FOUNDED IN JUNE 2010 AND INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION UNDER THE LAWS OF THE STATE OF MARYLAND. THE MISSION OF THE FOUNDATION IS TO EDUCATE YOUNG PEOPLE ABOUT THE DIFFERENCES BETWEEN HEALTHY AND UNHEALTHY RELATIONSHIPS. THE FOUNDATION PROVIDES YOUNG PEOPLE WITH TOOLS AND RESOURCES THAT EDUCATE, EMPOWER, AND ACTIVATE THE NEXT GENERATION TO BRING ONE LOVE'S LIFE-SAVING PREVENTION EDUCATION TO THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ONE LOVE FOUNDATION IN HONOR OF YEARDLEY LOVE, INC. (THE "FOUNDATION") WAS FOUNDED IN JUNE 2010 AND INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION UNDER THE LAWS OF THE STATE OF MARYLAND. THE MISSION OF THE FOUNDATION IS TO EDUCATE YOUNG PEOPLE ABOUT THE DIFFERENCES BETWEEN HEALTHY AND UNHEALTHY RELATIONSHIPS. THE FOUNDATION PROVIDES YOUNG PEOPLE WITH TOOLS AND RESOURCES THAT EDUCATE, EMPOWER, AND ACTIVATE THE NEXT GENERATION TO BRING ONE LOVE'S LIFE-SAVING PREVENTION EDUCATION TO THEIR COMMUNITIES. ONE LOVE HAS REACHED OVER 2.3 MILLION PEOPLE THROUGH IN-PERSON AND ONLINE EDUCATIONAL WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Love Chair | OfficerTrustee | 4 | $0 |
Lexie Love Hodges Vice Chair | OfficerTrustee | 2 | $0 |
Jamison Hodges Treasurer | OfficerTrustee | 4 | $0 |
Virginia Jeffery Secretary | OfficerTrustee | 4 | $0 |
Herbert May Vice Chair Until June 2023 | OfficerTrustee | 4 | $0 |
Chris Solomon Treasurer Until June 2023 | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brandie Feuer Consulting | 6/29/23 | $533,363 |
Minds Assembly Llc Consulting | 6/29/23 | $331,673 |
Ithrive Games Foundation Development App | 6/29/23 | $168,000 |
Momentum Communications Public Relations | 6/29/23 | $166,000 |
Univ Of New Hampshire Consulting | 6/29/23 | $128,994 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,465,201 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,119,427 |
| Noncash contributions included in lines 1a–1f | $24,222 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,584,628 |
| Total Program Service Revenue | $40,475 |
| Investment income | $160,152 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,811,923 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,043,562 |
| Compensation of current officers, directors, key employees. | $219,504 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,663,834 |
| Pension plan accruals and contributions | $45,786 |
| Other employee benefits | $748,402 |
| Payroll taxes | $497,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,793 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $884,534 |
| Advertising and promotion | $189,119 |
| Office expenses | $39,969 |
| Information technology | $323,341 |
| Royalties | $0 |
| Occupancy | $351,594 |
| Travel | $275,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,856 |
| Insurance | $17,096 |
| All other expenses | $254,656 |
| Total functional expenses | $11,037,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,795,388 |
| Savings and temporary cash investments | $1,525,952 |
| Pledges and grants receivable | $515,327 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,821 |
| Prepaid expenses and deferred charges | $66,299 |
| Net Land, buildings, and equipment | $316,086 |
| Investments—publicly traded securities | $3,699,683 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,054 |
| Total assets | $8,049,610 |
| Accounts payable and accrued expenses | $554,738 |
| 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 | $50,000 |
| Other liabilities | $33,754 |
| Total liabilities | $638,492 |
| Net assets without donor restrictions | $6,586,039 |
| Net assets with donor restrictions | $825,079 |
| 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 | $8,049,610 |