The information for One Love Initiative Inc is as of the organization's most recent filing in December 2019. This organization is located in Huntington Beach, CA. It has been in existence for 6 years, following its founding in 2013.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The One Love Initiative Inc's NTEE code is X21. The "X" tells us that the organization is classified along with Religion-Related organizations. The "21" tells us that the organization is a Protestant organization. The NTEE describes Protestant organizations as religious organizations whose form of Christian faith and practice originated with the principles of the Reformation, including churches, ministries, missions, bible camps and schools, and bible distribution programs.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
The mission of the One Love Initiative Inc is to establish and equip a generation to obey and fulfill Jesus' great commandment and the great commission. They will work to cultivate a generation of leaders who are wholly given and surrendered to the will of God, living for a purpose greater than themselves, and sent as laborers of the gospel to the unreached frontiers of the earth, whether geographical or societal. Their threefold mission is to save the lost, revive the saved, and train them all to generate discipleship opportunities.
Program Area 1: Circuit Riders provides our organization with a brand name and how we are known to the public. All events, trainings (for our volunteer staff or the general public), or outreaches, outside of our other listed programs, fall under this general program of "Circuit Riders".
Program Area 2: 21 Project is a 3-week leadership training school designed to help young adults grow in their Christian faith and develop their skills in spreading the Gospel of Jesus Christ.
Program Area 3: Carry the Love is a grassroots campaign to inspire our generation to love like Jesus, gathering tens of thousands of college students on hundreds of universities.
One Love Initiative Inc is run by Andy Byrd, who is the President. The organization has 4 employees, of whom 1 is paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are more than 150 volunteers.
The One Love Initiative Inc is a non-profit organization that is governed by a board of four voting members, two of whom are independent. While potential conflicts of interest may exist, the organization has a conflict of interest policy in place that requires disclosure of any potential conflicts. The organization also substantiates and reviews the salaries of both its leadership and officers. Additionally, the organization provides copies of the 990 to the board prior to filing. Unfortunately, the organization does not currently document board or committee meetings, nor does it have a written whistleblower policy or document retention policy in place. As such, the One Love Initiative Inc could benefit from instituting these policies in order to ensure the highest standards of governance.
The One Love Initiative Inc has grown substantially over the past five years. Contributions and grants received increased from $82.1k to $261.6k, program service revenue increased from $181.0k to $1.3m, and total revenue increased from $263.1k to $1.6m. Total expenses also increased from $253.9k to $1.5m over the same period, and the number of volunteers grew from 50 to 150. These data points suggest that the nonprofit organization has grown significantly over the past five years.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Brennt Vice President | Officer | 40 | $53,650 |
Holly Mosemann Treasurer | Officer | 40 | $19,604 |
Matthew Nelson Secretary | Officer | 40 | $9,000 |
Andy Byrd President | Officer | 10 | $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 | $424,205 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $424,205 |
Total Program Service Revenue | $1,265,009 |
Investment income | $1 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $23,679 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,715,880 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $148,206 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $21,586 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,838 |
Fees for services: Management | $72,888 |
Fees for services: Legal | $2,753 |
Fees for services: Accounting | $37,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $19,050 |
Advertising and promotion | $5,262 |
Office expenses | $0 |
Information technology | $16,113 |
Royalties | $10,183 |
Occupancy | $683,675 |
Travel | $264,803 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $59,768 |
Insurance | $29,069 |
All other expenses | $87,106 |
Total functional expenses | $1,567,601 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $714,250 |
Savings and temporary cash investments | $8,554 |
Pledges and grants receivable | $1,010 |
Accounts receivable, net | $289 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,212 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $113,225 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $841,540 |
Accounts payable and accrued expenses | $0 |
Grants payable | $34,336 |
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 | $63,417 |
Other liabilities | $2,113 |
Total liabilities | $99,866 |
Net assets without donor restrictions | $741,674 |
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 | $841,540 |
Over the last fiscal year, we have identified 5 grants that One Love Initiative Inc has recieved totaling $94,660.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $36,250 |
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $26,000 |
Christ For All Nations Orlando, FL PURPOSE: SUPPORT | $16,200 |
Christ For All Nations Orlando, FL PURPOSE: SUPPORT | $16,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Organization Name | Assets | Revenue |
---|---|---|
El Sembrador Ministries Chatsworth, CA | $38,637,636 | $18,701,148 |
Nora Lam Ministries San Jose, CA | $148,225 | $7,883,187 |
New Life Ministries Lake Forest, CA | $1,971,795 | $8,402,272 |
Pilgram Rest Foundation Inc Phoenix, AZ | $14,492,011 | $6,934,589 |
Irvine Onnuri Church Irvine, CA | $6,273,875 | $4,499,639 |
Tabernacle Christian School Concord, CA | $5,160,537 | $3,470,555 |
Alleluia Reedley, CA | $3,151,483 | $3,355,786 |
Interact Ministries Inc Boring, OR | $2,444,865 | $2,307,839 |
Desert Manna Barstow, CA | $1,202,550 | $2,591,102 |
Alberto Mottesi Evangelistic Assoc Inc Santa Ana, CA | $3,484,809 | $2,833,978 |
Esperanza Charitable Fund Mesa, AZ | $17,706,761 | $4,173,341 |
En Familia Inc Phoenix, AZ | $3,474,473 | $2,436,168 |