First Love International Ministries is located in Loves Park, IL. The organization was established in 2001. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, First Love International Ministries employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Love International Ministries 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 06/2022, First Love International Ministries generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN MISSIONARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING OVERSEAS MISSIONARIES TO ASSIST PASTORS & NATIONAL WORKERS IN THEIR HUMANITARIAN AND EVANGELICAL OUTREACH EFFORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Thomas Clinton Executive Di | Officer | 40 | $75,127 |
Paul Loner Treasurer | OfficerTrustee | 1 | $0 |
Beth Lowery Secretary | OfficerTrustee | 1 | $0 |
Jerry Winslow Chairman | OfficerTrustee | 1 | $0 |
Robert Opperman Vice Chairma | OfficerTrustee | 1 | $0 |
Mike Addis Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,098,345 |
Noncash contributions included in lines 1a–1f | $9,148 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,098,345 |
Total Program Service Revenue | $0 |
Investment income | $2,352 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $919,997 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,022,143 |
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 | $1,511,991 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $100,083 |
Compensation of current officers, directors, key employees. | $35,029 |
Compensation to disqualified persons | $302,706 |
Other salaries and wages | $848,984 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $50,522 |
Payroll taxes | $72,281 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $187 |
Fees for services: Other | $19,324 |
Advertising and promotion | $0 |
Office expenses | $36,290 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $132,254 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,545 |
Interest | $24 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $42,067 |
Insurance | $27,000 |
All other expenses | $52,163 |
Total functional expenses | $3,594,955 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $246,214 |
Savings and temporary cash investments | $2,787,988 |
Pledges and grants receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $36,491 |
Net Land, buildings, and equipment | $236,072 |
Investments—publicly traded securities | $298,484 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,893 |
Total assets | $3,616,142 |
Accounts payable and accrued expenses | $17,886 |
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 | $17,886 |
Net assets without donor restrictions | $3,598,256 |
Net assets with donor restrictions | $0 |
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 | $3,616,142 |
Over the last fiscal year, we have identified 16 grants that First Love International Ministries has recieved totaling $276,074.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $85,300 |
Samaritan Project Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTION - KENYA OPERATION HOPE | $70,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $34,618 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $26,760 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: MULTIPLE | $18,850 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $17,028 |
Organization Name | Assets | Revenue |
---|---|---|
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Assyrian National Council Of Illinois Chicago, IL | $17,237,581 | $21,046,154 |
Mid Sioux Opportunity Inc Remsen, IA | $5,070,371 | $19,629,808 |
Casa Central Social Services Corporation Chicago, IL | $9,927,456 | $19,199,758 |
Central Missouri Community Action Columbia, MO | $7,094,173 | $19,692,460 |
Wheeler Mission Ministries Inc Indianapolis, IN | $56,135,021 | $28,744,599 |
Daniel Boone Community Action Agency Inc Manchester, KY | $8,884,267 | $15,954,203 |
Interlocal Community Action Program Inc New Castle, IN | $2,890,464 | $16,696,928 |
Loaves & Fishes Community Services Naperville, IL | $11,205,502 | $18,895,989 |
Wabash Center Inc Lafayette, IN | $13,437,721 | $16,787,564 |
Northeast Kentucky Community Action Agency Inc Olive Hill, KY | $1,572,064 | $16,034,107 |
Chaddock Quincy, IL | $570,922 | $15,390,482 |