Loveworks Leadership Inc
- Assets
- $225.3k
- Revenue
- $540.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Norman, OK
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-4025891
Organization Overview
Loveworks Leadership Inc is located in Norman, OK. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Loveworks Leadership Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loveworks Leadership 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, Loveworks Leadership Inc generated $540.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $536.5k during the year ending 12/2021. While expenses have increased by 19.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LOVEWORKS LEADERSHIP IS A YOUTH LEADERSHIP ORGANIZATION COMMITTED TO HELPING STUDENTS DISCOVER THEIR POTENTIAL AND PURSUE THEIR BIG DREAMS WITH PROGRAMS THAT FOCUS ON BUILDING CHARACTER, LEADERSHIP DEVELOPMENT, AND ENTREPRENEURIALISM. THROUGH MENTORSHIP AND EXPERIENTIAL LEARNING, STUDENTS ARE EQUIPPED TO MAKE POSITIVE LIFE CHOICES, EMPOWERED TO SOLVE PROBLEMS, AND EXPLORE CAREER PATHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH OUR AFTERSCHOOL LEADERSHIP PROGRAM WE PROVIDE ROLE MODELS AND ACTIVITIES FOCUSED TOWARDS CHARACTER DEVELOPMENT. WE ARE DEVELOPING STUDENTS WHO CAN ACHIEVE THEIR LIFE POTENTIAL AND LEAVE A POSITIVE CONTRIBUTION WITH OUR COMMUNITY 6TH-8TH GRADE STUDENTS HOSTED AT THE LOVEWORKS CENTER ON SELECT DAYS FROM 4:00-6:00 PM.
SUMMER CAMPS FOR 5TH-8TH GRADE - THESE UNFORGETTABLE AND POWERFUL CAMP EXPERIENCES WILL INSPIRE STUDENTS TO DISCOVER THEIR POTENTIAL THROUGH HANDS-ON LEARNING PROJECTS TAILORED TOWARD INTEREST GROUPS. EACH STUDENT PARTICIPATES IN A CONCEPT AREA OF THEIR CHOOSING FOR THE WEEK INCLUDING: CULINARY, MUSIC, ARCHITECTURE, FASHION, ENTREPRENEURSHIP, ATHLETICS, JOURNALISM AND MORE. LOCAL COMMUNITY PROFESSIONALS LEAD STUDENTS THROUGH ACTIVITIES THAT ALLOW THEM TO LEARN THE ART AND SKILL ASSOCIATED WITH THESE AREAS OF INTEREST. THE CAMP EXPERIENCE CULMINATES IN COMPLETING REAL-LIFE PROJECTS THAT GIVE THE STUDENTS A TANGIBLE UNDERSTANDING OF POTENTIAL CAREER PATHS. COMPLETED 5TH-7TH GRADE STUDENTS HOSTED AT THE LOVEWORKS CAMPUS ON SELECT DAYS DURING THE MONTH OF JUNE.
EARLY IS A YOUTH ENTREPRENEURSHIP PROGRAM EQUIPPING KIDS TO BE "DREAMERS AND DOERS" THROUGH STARTING THEIR OWN BUSINESSES AND TO SUPPORT INNOVATION AND CREATIVITY IN YOUNG ENTREPRENEURS. WE HELP STUDENTS AGES 8-15 DEVELOP ENTREPRENEURIAL SKILLS THROUGH STARTING THEIR VERY OWN BUSINESSES. WE HELP STUDENTS SOLIDIFY AND FORTIFY THEIR PRODUCT/SERVICE, BUDGET, MARKETING STRATEGY, AND THEIR SALES PITCH. STUDENTS' FIRST MILESTONE WILL BE GETTING THEIR BUSINESS READY FOR THE NORMAN FARMERS MARKET. EACH COHORT WILL HAVE 5 WEEKLY MEETINGS, 4 VIRTUALLY AND 1 IN-PERSON WITH ALL STUDENTS. THESE MEETINGS ARE MEANT TO HELP INSPIRE AND SHOW YOU THE NEXT STEPS OF DEVELOPING YOUR BUSINESS, BUT THE MAJORITY OF MAKING YOUR BUSINESS HAPPENS IN BETWEEN THE CALLS AS YOU WORK ON YOUR BUSINESS AND SCHEDULE INDIVIDUAL, SPECIALIZED MEETINGS WITH YOUR BUSINESS COACHES.
AT HOME LEADERSHIP - A NEW ONLINE PLATFORM THAT INCLUDES WEEKLY LESSONS, ACTIVITIES AND CHALLENGES, AND ZOOM CALLS. LINK WITH LOVEWORKS - INSPIRING LIVE-STREAM AND PODCAST INTERVIEWS WITH LEADERS AROUND THE WORLD. JUNIOR LEADERSHIP INSTITUTE - A DAYTIME PROGRAM DESIGNED FOR STUDENTS DOING VIRTUAL, BLENDED, OR HOMESCHOOL LEARNING. THE PROGRAM FOCUSES ON LEADERSHIP, CAREER-READINESS, AND COMMUNITY IMPACT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hirsch Executive Director | Officer | 40 | $86,147 |
Elle Shroyer Director Of Operations | Officer | 30 | $29,945 |
Evan Fay President | OfficerTrustee | 2 | $0 |
Rusty Loeffler Vice President | OfficerTrustee | 2 | $0 |
Monica Paris Secretary/treasurer | OfficerTrustee | 2 | $0 |
Karena Crawford Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,133 |
| Related organizations | $0 |
| Government grants | $40,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $389,141 |
| Noncash contributions included in lines 1a–1f | $8,087 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,574 |
| Total Program Service Revenue | $35,089 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,405 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $33,600 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,675 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,062 |
| Compensation of current officers, directors, key employees. | $6,603 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,021 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,544 |
| Payroll taxes | $13,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,535 |
| Fees for services: Accounting | $12,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,776 |
| Advertising and promotion | $15,940 |
| Office expenses | $21,578 |
| Information technology | $13,432 |
| Royalties | $0 |
| Occupancy | $112,433 |
| Travel | $7,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,529 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,646 |
| Insurance | $15,502 |
| All other expenses | $40,669 |
| Total functional expenses | $536,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,361 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,988 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,882 |
| Prepaid expenses and deferred charges | $6,955 |
| Net Land, buildings, and equipment | $25,008 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $17,057 |
| Other assets | $0 |
| Total assets | $225,251 |
| Accounts payable and accrued expenses | $3,774 |
| 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 | $3,774 |
| Net assets without donor restrictions | $188,336 |
| Net assets with donor restrictions | $33,141 |
| 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 | $225,251 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Loveworks Leadership Inc has recieved totaling $12,325.
| Awarding Organization | Amount |
|---|---|
Hamill Foundation Houston, TX PURPOSE: OPERATING SUPPORT FOR YOUTH MENTORING PROGRAMS. | $10,000 |
Mclaughlin Family Foundation Inc Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Be A Champion Inc Houston, TX | $5,613,914 | $22,726,007 |
Tejano Center For Community Concerns Inc Houston, TX | $42,145,856 | $27,013,865 |
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Cityscape Schools Inc Dallas, TX | $31,786,183 | $16,269,782 |
Bcfs Education Services San Antonio, TX | $2,820,092 | $13,804,336 |
Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Kids Are First Carrizo Springs, TX | $3,476,023 | $8,458,663 |
Boys & Girls Club Of Central Texas Inc Killeen, TX | $2,385,650 | $6,347,689 |
Colorado Youth For A Change Denver, CO | $1,559,265 | $5,423,176 |