One Love Initiative Inc
- Assets
- $1.7m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Huntington Beach, CA
- Founding
- 02/2013
- Data as of
- 12/2023
- EIN
- 46-1089525
Organization Overview
One Love Initiative Inc, operating under the name Circuit Riders, is located in Huntington Beach, CA. The organization was established in 2013. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Circuit Riders employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Circuit Riders 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 12/2023, Circuit Riders generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $3.8m during the year ending 12/2023. While expenses have increased by 26.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MINISTRY OF ONE LOVE IS TO ESTABLISH AND EQUIP A GENERATION TO OBEY AND FULFILL JESUS' GREAT COMMANDMENT AND THE GREAT COMMISSION. ONE LOVE 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. THE PURPOSE IS A THREEFOLD MISSION. THE FIRST IS TO SAVE THE LOST, BY VARIOUS MEANS, PREACH THE GOSPEL OF JESUS TO THOSE WHO DON'T KNOW HIM FOR THE PURPOSE OF SALVATION, PHYSICAL AND EMOTIONAL HEALING, AND ENCOURAGING A GREATER WALK WITH HIM. THE SECOND MISSION IS TO REVIVE THE SAVED IN THE EXISTING CHURCH AND STIR THEM TO A VIBRANT, SURRENDERED LOVE RELATIONSHIP WITH JESUS. THE THIRD MISSION IS TO TRAIN THEM ALL AND TO GENERATE DISCIPLESHIP OPPORTUNITIES THROUGH THE TEACHING OF BIBLICAL TRUTHS AND THE APPLICATION OF BIBLICAL PRINCIPLES IN THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIRCUIT RIDERS: CIRCUIT RIDERS IS OUR BRAND NAME AND HOW WE ARE KNOWN TO THE PUBLIC. ANY EVENTS, TRAININGS FOR OUR VOLUNTEER STAFF OR GENERAL PUBLIC, OR OUTREACHES, OUTSIDE OF OUR OTHER LISTED PROGRAMS, FALL UNDER THIS GENERAL PROGRAM OF CIRCUIT RIDERS.
CARRY THE LOVE: 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.
MISSIONS: THE OUTREACH AND MISSIONAL FOCUS OF CIRCUIT RIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Nelson Secretary | Officer | 40 | $27,692 |
Holly Mosemann Treasurer | Officer | 40 | $19,604 |
Andy Byrd President | Officer | 10 | $0 |
Financial Statements
| 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 | $1,656,218 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,656,218 |
| Total Program Service Revenue | $2,370,443 |
| Investment income | $238 |
| 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 | $170,105 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,349,022 |
| 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. | $47,296 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,675 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $91,346 |
| Payroll taxes | $4,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,000 |
| Fees for services: Accounting | $36,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $252,351 |
| Advertising and promotion | $3,811 |
| Office expenses | $0 |
| Information technology | $91,722 |
| Royalties | $69,330 |
| Occupancy | $1,209,993 |
| Travel | $595,215 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,077 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,418 |
| Insurance | $53,327 |
| All other expenses | $139,283 |
| Total functional expenses | $3,786,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,331,048 |
| Savings and temporary cash investments | $316,005 |
| Pledges and grants receivable | $411 |
| 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 | $24,143 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $35,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,706,830 |
| Accounts payable and accrued expenses | $55,053 |
| 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 | $2 |
| Total liabilities | $55,055 |
| Net assets without donor restrictions | $1,651,775 |
| 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 | $1,706,830 |