Love Pit
- Assets
- $231.2k
- Revenue
- $345.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-5439776
Organization Overview
Love Pit, operating under the name The Love Pit, is located in Dallas, TX. The organization was established in 2015. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Pit 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 12/2022, Love Pit generated $345.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $370.4k during the year ending 12/2022. While expenses have increased by 19.9% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LOVE PIT IS A 501C3 FOSTER-BASED RESCUE ON A MISSION TO SAVE THE PIT BULL THROUGH RESCUE, REHABILITATION, TRAINING, AND ADVOCACY.
Describe the Organization's Program Activity:
MEDICAL: EACH DOG PLACED IN OUR RESCUE UNDERGOES A GENERAL EXAM AT ONE OF OUR VETERINARY PARTNERS. DURING THIS EXAM, ITS DETERMINED IF MORE EXTENSIVE MEDICAL CARE IS NEEDED AND A PLAN OF REHABILITATION IS PUT IN PLACE AND SCHEDULED. EVERY DOG AT THE LOVE PIT MUST BE MEDICALLY CLEARED BEFORE IT IS PLACED UP FOR ADOPTION. THIS INCLUDES GENERAL VETTING PROCEDURES SUCH AS DEWORMER, VACCINATIONS, HEARTWORM TEST,RABIES VACCINATIONS, MICROCHIP, AND SPAY/NEUTER. IT ALSO INCLUDES SEVERE MEDICAL TREATMENTS AND SURGERIES SUCH AS HEARTWORM TREATMENT, BROKEN BONE REPAIRS, SEVERE SKIN INFECTIONS, UPPER RESPIRATORY INFECTIONS, PARVOVIRUS, PNEUMONIA, PARALYSIS, CANCER, ENTROPION SURGERY, ETC. THE MEDICAL PROGRAM COMBINED WITH MEDICAL BOARDING ISTHE LARGEST EXPENSE OF OUR RESCUE.
FOSTER & ADOPTIONS:FOSTER: EACH DOG IN OUR RESCUE IS PLACED IN A FOSTER HOME WHERE THEY LEARN TO BECOME A GOOD PET FOR A FUTURE FAMILY. DURING THIS TIME, WE ALL WORK VERY HARD TO NOT ONLY ENSURE THE DOG IS MEDICALLY REHABILITATED BUT ALSO EVALUATED FOR BEHAVIOR AND SET UP WITH A CUSTOM TRAINING PLAN. THE FOSTER PARENT IS RESPONSIBLE FOR TAKING THEIR FOSTER DOG TO OUR WEEKLY TRAINING CLASSES AND MONTHLYADOPTION EVENTS UNTIL THE DOG HAS BEEN ADOPTED. ADOPTIONS: EACH DOG IN OUR RESCUE IS PLACED UP FOR ADOPTION AFTER THEY HAVE BEENCLEARED BY OUR TRAINING TEAM AND OUR MEDICAL TEAM. THIS TYPICALLY OCCURS AFTER 1 MONTH OF THE DOGS RESCUE. EVERY DOG IS SPAYED/NEUTERED, MICROCHIPPED AND FULLY VACCINATED AND HEALTHY BEFORE THEY CAN BE ADOPTED. THEY ALSO HAVE TO REACH A CERTAIN LEVEL IN OUR TRAINING PROGRAM BEFORE THEY ARE CLEARED FOR ADOPTION. LEVEL IN OUR TRAINING PROGRAM BEFORE THEY ARE CLEARED FOR ADOPTION.
CONTRIBUTION MADE TO 501C3 ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Cooper Brillhart Vice President | Trustee | 10 | $0 |
Crissi Miller Board Member | Trustee | 10 | $0 |
Leticia Minkoff Secretary | Officer | 10 | $0 |
Aften Owens President | Officer | 40 | $0 |
Angela Laguer Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $112,907 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $223,885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,792 |
| Total Program Service Revenue | $0 |
| Investment income | $16 |
| 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 | $8,898 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $345,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $778 |
| 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 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 | $7,629 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,296 |
| Office expenses | $56 |
| Information technology | $9,095 |
| Royalties | $0 |
| Occupancy | $78,781 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $434 |
| Insurance | $0 |
| All other expenses | $29,687 |
| Total functional expenses | $370,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,040 |
| Savings and temporary cash investments | $142,274 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,644 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,022 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,183 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,004 |
| Total assets | $231,167 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,094 |
| Total liabilities | $5,094 |
| Net assets without donor restrictions | $0 |
| 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 | $226,073 |
| Total liabilities and net assets/fund balances | $231,167 |