Because He Loves Inc
- Assets
- $71.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oviedo, FL
- Founding
- 05/2016
- Data as of
- 03/2022
- EIN
- 81-2245454
Organization Overview
Because He Loves Inc is located in Oviedo, FL. The organization was established in 2016. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Because He Loves 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 03/2022, Because He Loves Inc generated $59.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $34.9k during the year ending 03/2022. While expenses have increased by 6.8% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Devon L Miller Co-Director Chairperson | 40 | $6,000 | |
Colleen D Mcgrath Co-Director Treasurer | 40 | $0 | |
Maureen Detmer Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,908 |
| 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 | $59,908 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $12,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $400 |
| Other expenses | $10,546 |
| Total expenses | $34,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,914 |
| Other assets | $0 |
| Total assets | $71,914 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,914 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Because He Loves Inc has recieved totaling $1,900.
| Awarding Organization | Amount |
|---|---|
The Ephraim Project Inc Orlando, FL PURPOSE: UNRESTRICTED GENERAL SUPPORT | $1,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $900 |
Peer Organizations
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|---|---|---|
Rafiki Foundation Incorporated Eustis, FL | $23,488,735 | $10,619,159 |
Management Technologies International Inc Newnan, GA | $8,681,139 | $7,735,276 |
Africas Childrens Fund Inc Atlanta, GA | $1,359,595 | $6,304,288 |
Clean The World Foundation Inc Orlando, FL | $2,032,726 | $4,992,352 |
Project Medishare For Haiti Inc Miami, FL | $1,397,572 | $3,198,205 |
Educate Tomorrow Corp Miami Beach, FL | $557,417 | $2,783,703 |
Alfalit International Inc Doral, FL | $2,037,068 | $2,969,351 |
Hoi Inc Alpharetta, GA | $4,552,861 | $2,154,155 |
Childspring International Inc Atlanta, GA | $309,716 | $1,626,503 |
Childrens Wish Foundation International Inc Atlanta, GA | $676,195 | $963,209 |
Partners For Care Inc Alpharetta, GA | $302,228 | $1,318,430 |
Southern Institute For Appropriate Technology Lineville, AL | $2,273,362 | $1,411,428 |