Because He Loves Inc
- Assets
- $62.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oviedo, FL
- Founding
- 05/2016
- Data as of
- 03/2023
- 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 03/2023, Because He Loves Inc generated $47.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $56.5k during the year ending 03/2023. 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 |
|---|---|---|---|
Maureen Detmer Secretary | 1 | $0 | |
Colleen Mcgrath Co-Director Treasurer | 40 | $0 | |
Devon Miller Co-Director Chairperson | 40 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,479 |
| 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 | $47,479 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,000 |
| Professional fees and other payments to independent contractors | $15,000 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,960 |
| Total expenses | $56,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,933 |
| Other assets | $0 |
| Total assets | $62,933 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,933 |