Love Foundation
- Assets
- $9.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, AL
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 81-1427684
Organization Overview
Love Foundation is located in Madison, AL. The organization was established in 2018. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, 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 Foundation 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 12/2023, Love Foundation generated $9.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3
DISTRIBUTED GOODS AND SERVICES TO HOMELESS AN POVERTY STRICKEN INDIVIDUALS AND FAMILIES IN THE NORTH ALABAMA AREA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,717 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,717 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,219 |
| Other expenses | $246 |
| Total expenses | $2,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,306 |
| Other assets | $0 |
| Total assets | $9,306 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,306 |