Of Love Llc is located in Farmington, UT. The organization was established in 2015. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Of Love Llc 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, Of Love Llc generated $156.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $159.2k during the year ending 12/2022. While expenses have increased by 5.4% 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
2022
Describe the Organization's Program Activity:
Part 3
WE HAD ANOTHER SUCCESSFUL YEAR IN RUNNING THE LARGEST TENNIS TOURNAMENT IN THE UNITED STATES WITH THOUSANDS OF MATCHES PLAYED. WE ALSO ADDED PICKLEBALL TO THE TOURNAMENT WHICH HAS GROWN CONSIDERABLY IN SIZE WITH OVER 1,000 PARTICIPANTS IN BOTH TENNIS AND PICKLEBALL. WE WERE ABLE TO DONATE OVER $120K TOWARD DIABETES RESEARCH AND CONTINUING THE GROWTH OF TENNIS IN UTAH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrea Bullard President, Director | 5 | $0 | |
Anna Bullard Vp, Secretary | 2 | $0 | |
Melissa Itaaehau Director | 2 | $0 | |
Shannon Garber Director | 2 | $0 | |
Maddy Bullard Director | 1 | $0 | |
Mike Bullard Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $97,826 |
Total Program Service Revenue | $58,883 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $156,709 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,309 |
Other expenses | $34,857 |
Total expenses | $159,166 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,626 |
Other assets | $0 |
Total assets | $3,628 |
Total liabilities | $0 |
Net assets or fund balances | $3,628 |