Faithful Love Inc
- Assets
- $69.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Simons Island, GA
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 30-0656491
Organization Overview
Faithful Love Inc is located in Saint Simons Island, GA. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Faithful 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 12/2021, Faithful Love Inc generated $115.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $125.8k during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 5 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
TO BRING HEALING AND RESTORATION TO ADULT WOMEN WHO ARE VICTIMS OR AT RICK OF BEING SEX TRAFFICKED, PROSTITUTED OR EXPLOITED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Riccio At Large Member | 0 | $0 | |
Gil Nellis Chairman | 0 | $0 | |
Maggie Hughes Secretary | 0 | $0 | |
Beth Keen Vice Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,277 |
| Total Program Service Revenue | $15,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,241 |
| Other Revenue | $6 |
| Total Revenue | $115,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,765 |
| Professional fees and other payments to independent contractors | $4,031 |
| Occupancy, rent, utilities, and maintenance | $9,357 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,608 |
| Total expenses | $125,761 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,806 |
| Other assets | $0 |
| Total assets | $69,147 |
| Total liabilities | $33,842 |
| Net assets or fund balances | $35,305 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Faithful Love Inc has recieved totaling $22,083.
| Awarding Organization | Amount |
|---|---|
Cpps Heritage Mission Fund Dayton, OH PURPOSE: OPERATING SUPPORT OF EXISTING PROGRAM | $15,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |