Love Inc Of Lufkin
- Assets
- $131.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lufkin, TX
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 75-2469048
Organization Overview
Love Inc Of Lufkin is located in Lufkin, TX. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of Lufkin 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 Inc Of Lufkin generated $127.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $94.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF LOVE INC IS TO PROVIDE INFORMATION AND REFERRAL CLEARING HOUSE SERVICES TO ENABLE CHURCHES,SERVICE PROVIDERS AND OTHERS IN ANGELINA COUNTY TO MEET THE NEEDS OF PEOPLE IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Lasiter President | 1 | $0 | |
Kenneth W Smith Vice Preside | 1 | $0 | |
M E Lyons Secretary | 1 | $0 | |
Mark Strong Treasurer | 1 | $0 | |
Clifton Cathcart Director | 1 | $0 | |
Lynn Hargrow Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,178 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,182 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,056 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,433 |
| Printing, publications, postage, and shipping | $524 |
| Other expenses | $17,365 |
| Total expenses | $94,378 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,082 |
| Other assets | $0 |
| Total assets | $130,991 |
| Total liabilities | $1,883 |
| Net assets or fund balances | $129,108 |