Gallatin County Love Inc
- Assets
- $1.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Bozeman, MT
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 81-0498031
Organization Overview
Gallatin County Love Inc is located in Bozeman, MT. The organization was established in 1999. According to its NTEE Classification (X03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Gallatin County Love Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gallatin County Love 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 12/2021, Gallatin County Love Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 10.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY MISSION IS TO MATCH PEOPLE IN NEED IN THE GALLATIN COUNTY COMMUNITIES WITH LOCAL CHURCH MEMBERS WHO ARE ABLE TO GIVE OF THEIR TIME AND ABILITIES TO MEET THOSE NEEDS.
Describe the Organization's Program Activity:
DURING 2021, THIS ORGANIZATION COORDINATED 18,320 VOLUNTEER HOURS WHICH SERVED THE VARIOUS NEEDS OF 18,889 ADULTS AND 7,814 CHILDREN. THERE WERE 3,618 VOLUNTEERS WHO PERFORMED ACTS OF SERVICE. THE MONETARY VALUE OF DONATED CLIENT-RELATED SERVICES PROVIDED IN 2021 IS $1,188,944.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mccormack Executive Dir. | Officer | 40 | $56,545 |
Fred Heinrichs President | OfficerTrustee | 1 | $0 |
Mike Boyer Vice President | OfficerTrustee | 1 | $0 |
Paula Johnson Treasurer | OfficerTrustee | 1 | $0 |
Sherri Bradley Director | Trustee | 1 | $0 |
Jason Bowker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $74,048 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,516,796 |
| Noncash contributions included in lines 1a–1f | $830,629 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,590,844 |
| Total Program Service Revenue | $0 |
| Investment income | $199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,358 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,895 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,616,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $807,560 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,545 |
| Compensation of current officers, directors, key employees. | $12,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $244,385 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,037 |
| 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 | $0 |
| Fees for services: Other | $78 |
| Advertising and promotion | $16,637 |
| Office expenses | $23,705 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,135 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,976 |
| Interest | $2,720 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,173 |
| Insurance | $9,028 |
| All other expenses | $0 |
| Total functional expenses | $1,327,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,120 |
| Savings and temporary cash investments | $140,910 |
| 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 | $1,054,519 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,617 |
| Total assets | $1,841,166 |
| 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 | $98,834 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $125 |
| Total liabilities | $98,959 |
| Net assets without donor restrictions | $1,703,756 |
| Net assets with donor restrictions | $38,451 |
| 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 | $1,841,166 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gallatin County Love Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Cora Foundation Inc Buffalo, WY PURPOSE: SALARY SUPPORT FOR DIRECTOR OF COMMUNITY GROWTH | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gallatin County Love Inc Bozeman, MT | $1,841,166 | $1,616,296 |
Cocolalla Lake Bible Conference Association Cocolalla, ID | $726,962 | $329,249 |
One-Way Evangelistic Ministries Cheyenne, WY | $53,191 | $0 |
Womens Development Track Coeur Dalene, ID | $141,208 | $0 |
Share The Gospel Ministries Inc Sioux Falls, SD | $15,961 | $0 |
David Harriman Ministries Mandan, ND | $54,454 | $0 |
Fellowship Of The Cross Ministriesinternational Billings, MT | $5,329 | $0 |