Sound Of Love Inc
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Richardson, TX
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 45-5392603
Organization Overview
Sound Of Love Inc is located in Richardson, TX. The organization was established in 2014. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Sound Of Love Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sound Of 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, Sound Of Love Inc generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $32.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 7 years. 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
TRAVEL PROMOTING WORSHIP AND RELIGIOUS MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua L Miller Officer | 20 | $3,600 | |
Josiah Warneking Officer | 20 | $3,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,961 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,961 |
| 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 | $24,204 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,913 |
| Total expenses | $32,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,097 |
| Other assets | $0 |
| Total assets | $44,745 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,745 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sound Of Love Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhema For The Nations Inc Arlington, TX | $109,090 | $3,497,036 |
Prophecy Watchers Inc Oklahoma City, OK | $2,102,531 | $3,358,704 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
Good Faith Media Norman, OK | $777,804 | $1,966,334 |
International Bible Association Dallas, TX | $1,916,333 | $274,630 |
Lamp And Light Publishers Inc Farmington, NM | $2,028,061 | $1,091,303 |
Baptist Standard Publishing Co Plano, TX | $7,713,665 | $700,835 |
Involved International Inc Tulsa, OK | $211,399 | $633,805 |
Arkansas Baptist Newsmagazine Inc Little Rock, AR | $755,217 | $521,448 |
Jubal Band Ministries Mckinney, TX | $235,616 | $752,469 |
Gospel Minutes Publications Inc Fort Worth, TX | $75,619 | $621,953 |
Texas Impact Education Fund Austin, TX | $719,286 | $275,020 |