Moringa For Love
- Assets
- $495.2k
- Revenue
- $276.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Monterey Park, CA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 55-0822271
Organization Overview
Moringa For Love is located in Monterey Park, CA. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moringa For Love 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, Moringa For Love generated $276.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $173.3k during the year ending 12/2021. While expenses have increased by 26.4% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO USE MORINGA TO COMBAT MALNUTRITION POVERTY AND DEFORESTATION IN THE WORLD BY PURCHASING SEEDS FROM SMALL GROWERS IN UNDERDEVELOPED COUNTRIES AND USING THEM TO MAKE MFLS COSMETIC PRODUCTS. PROFIT FROM SALE OF THESE PRODUCTS AND DONATIONS ARE USED TO SUPPORT MFLS MORINGA, EDUCATION, AND CHARITY PROJECTS AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAM:THE ORGANIZATION PROVIDES SUPPLIES AND SCHOLARSHIP TO STUDENTS WITH EXCELLENT ACADEMIC PERFORMANCE. IN 2022, WE PROVIDED SCHOLARSHIP TO TWELVE STUDENTS IN HAITI , TEN STUDENTS IN TAIWAN, FOURTEEN STUDENTS IN CHINA, EIGHT STUDENTS IN EL SALVADOR AND ONE STUDENT IN CAMEROON. EACH STUDENT RECEIVED A FINANCIAL AID RANGING FROM $150 TO $1,540 A YEAR.
CHARITY PROGRAM - MYANMAR/TAIWAN:IN TAIWAN, MORINGA FOR LOVE DONATED $40,000 USD TO A CHARITABLE ORGANIZATION FOR THEIR ELDERLY CARE PROGRAM. MORE THAN 200 ELDERLIES WERE BENEFITED BY THIS PROGRAM.IN MYANMAR, MORINGA FOR LOVE PARTNERED WITH A LOCAL ORGANIZATION ON FOOD DISTRIBUTION PROJECTS. OVER 400 UNDERPRIVILEGED FAMILIES RECEIVED TWO MONTHS WORTH OF FOOD.
EDUCATION PROGRAM:IN MYANMAR, MORINGA FOR LOVE BUILT A SCHOOL WITH EIGHT CLASSROOMS. THIS SCHOOL CAN PROVIDE EDUCATION TO OVER 300 UNDERPRIVILEGED STUDENTS EVERY YEAR. MORINGA FOR LOVE ALSO PROVIDED FINANCIAL SUPPORT TO OVER 30 TEACHERS IN TWO SCHOOLS.IN UGANDA, MORINGA FOR LOVE PROVIDED FINANCIAL SUPPORT TO THE UGANDA BUDDHIST CENTRE PRIMARY SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chou Pai President | Officer | 40 | $28,800 |
Lee Frances Secretary | 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 | $213,594 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,594 |
| Total Program Service Revenue | $0 |
| Investment income | $23,816 |
| 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 | $38,573 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $275,983 |
| 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 | $138,689 |
| 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 | $0 |
| Fees for services: Accounting | $3,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40 |
| Office expenses | $34 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $9,044 |
| 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 | $161 |
| Insurance | $0 |
| All other expenses | $956 |
| Total functional expenses | $173,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,538 |
| Savings and temporary cash investments | $363,554 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $73 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $495,165 |
| 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 | $1,138 |
| Total liabilities | $1,138 |
| Net assets without donor restrictions | $494,027 |
| 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 | $495,165 |