Love Thy Neighbor Too
- Assets
- $27.6m
- Revenue
- $20.6m
- Investments
- $11.3m
- Employees
- 0
- Location
- Alpharetta, GA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 47-4160598
Organization Overview
Love Thy Neighbor Too is located in Alpharetta, GA. The organization was established in 2019. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Thy Neighbor Too 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, Love Thy Neighbor Too generated $20.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $5.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Love Thy Neighbor Too has awarded 97 individual grants totaling $21,348,827. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NCCF AND IICF.
Describe the Organization's Program Activity:
LOVE THY NEIGHBOR TOO PROVIDED FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF") AND IMPACT INVESTING CHARITABLE FOUNDATION, INC. ("IICF").
LOVE THY NEIGHBOR TOO PROVIDED FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF") AND IMPACT INVESTING CHARITABLE FOUNDATION, INC. ("IICF").
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana E Ring Treasurer/director | OfficerTrustee | 1 | $0 |
Henry Kaestner President/director | OfficerTrustee | 1 | $0 |
Kimberley Kaestner Director | Trustee | 1 | $0 |
David H Wills Director | Trustee | 1 | $0 |
Daryl Heald Director | Trustee | 1 | $0 |
Steven G Googasian Partial Yr Secretary | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gratias Capital Consulting | 12/30/22 | $150,000 |
Christina Hisel Boiles Consulting | 12/30/22 | $125,032 |
Gratias Capital Consulting | 12/30/22 | $150,000 |
Christina Hisel Boiles Consulting | 12/30/22 | $125,032 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,599,180 |
| Investment income | $73,051 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,950,841 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,623,072 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $314,252 |
| Fees for services: Other | $409,994 |
| Advertising and promotion | $2,261 |
| Office expenses | $2,338 |
| Information technology | $5,899 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,524 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,712,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,442 |
| Savings and temporary cash investments | $25,038 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $193,322 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,837,152 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $11,845,631 |
| Investments—other securities | $11,255,329 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $450,000 |
| Total assets | $27,640,914 |
| Accounts payable and accrued expenses | $28,139 |
| 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 | $28,139 |
| Net assets without donor restrictions | $27,612,775 |
| 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 |
| Total liabilities and net assets/fund balances | $27,612,775 |
Grants Awarded
Over the last fiscal year, Love Thy Neighbor Too has awarded $10,452,778 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
CONCENTRIC DEVELOPMENT INC PURPOSE: GROWTH | $50,000 |
CHARITYVEST INC PURPOSE: POVERTY | $173,508 |
ALPHA USA PURPOSE: SUPPORT | $20,000 |
CROSSWORLD PURPOSE: SUPPORT | $65,000 |
DURHAMCARES PURPOSE: POVERTY | $20,000 |
FAITH AND WORK MOVEMENT GLOBAL PURPOSE: SUPPORT | $55,000 |