Love For Kids Inc is located in Coppell, TX. The organization was established in 1979. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2020, Love For Kids Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love For Kids Inc 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 12/2020, Love For Kids Inc generated $182.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $182.2k during the year ending 12/2020. While expenses have increased by 0.3% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE QUALITY OF LIFE FOR INDIVIDUALS LIVING IN THE DALLAS/FT WORTH METROPLEX WHO ARE YOUNG OR YOUNG-AT-HEART AND IN NEED OF BENEVOLENT SERVICES
Describe the Organization's Program Activity:
ASSISTING THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Padilla Chief Exe Of | Officer | $0 | |
Carolyn Hrncir Vice Preside | Officer | $0 | |
Donna Mitchell-Ramirez Secretary | Officer | $0 | |
Justin Rojas Community Re | Officer | $0 | |
Sandy Huffman President | Officer | $0 | |
Fred Whitfield Public Relat | Officer | $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 | $70,960 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $70,960 |
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 | -$47,805 |
Net Income from Gaming Activities | $158,933 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $182,104 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $22,883 |
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 | $60,975 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,878 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,410 |
Office expenses | $14,594 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $65,588 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $182,236 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $67,419 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $67,419 |
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 | $7,320 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $30,000 |
Other liabilities | $0 |
Total liabilities | $37,320 |
Net assets without donor restrictions | $30,099 |
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 | $67,419 |
Over the last fiscal year, we have identified 3 grants that Love For Kids Inc has recieved totaling $26,046.
Awarding Organization | Amount |
---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $11,574 |
Dallas Margarita Society Inc Dallas, TX PURPOSE: DISTRIBUTE TOYS TO DISADVANTAGED KIDS | $8,920 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,552 |
Organization Name | Assets | Revenue |
---|---|---|
Baptist Child & Family Services San Antonio, TX | $257,180,185 | $88,385,651 |
Lena Pope Home Inc Fort Worth, TX | $41,084,860 | $20,269,291 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
Any Baby Can Of Austin Inc Austin, TX | $8,962,977 | $14,873,407 |
Vans Kiddie Care Incorporated New Iberia, LA | $1,467,378 | $10,445,332 |
Agenda For Children Inc New Orleans, LA | $5,603,740 | $8,555,608 |
Covenant House New Orleans New Orleans, LA | $11,959,042 | $8,505,240 |
Communities In Schools Of North Texas Inc Lewisville, TX | $5,674,763 | $10,337,403 |
Covenant House Texas Houston, TX | $23,811,889 | $14,643,354 |
Conway County Community Service Inc Morrilton, AR | $2,601,961 | $8,443,108 |
Hands On Healing Residential Treatment Center Inc Baytown, TX | $2,057,295 | $5,655,110 |
Monarch Family Services Houston, TX | $725,146 | $2,180,000 |