Let Love Live
- Assets
- $506.9k
- Revenue
- $649.8k
- Investments
- $0.0
- Employees
- 20
- Location
- Cookville, TX
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 82-4248565
Organization Overview
Let Love Live is located in Cookville, TX. The organization was established in 2018. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2022, Let Love Live employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Let Love Live 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, Let Love Live generated $649.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.2% each year . All expenses for the organization totaled $630.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LET LOVE LIVE'S MISSION IS TO PROVIDE SANCTUARY TO ALL ANIMALS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SANCTUARY FOR LARGE AND SMALL RESCUE ANIMALS SUCH AS HORSES, LIVESTOCK, WHILE FOCUSING ON DOGS. STAFF ASSESSES AND MEDICALLY TREATS ANIMALS ON-SITE. WITH LOCATIONS IN TEXAS AND MINNESOTA WE CAN PROVIDE A VARIETY OF SERVICES SUCH AS TRANSPORT, FOSTER CARE, LONG TERM MEDICAL CARE, SANCTUARY, AND OTHER SPECIALTY RESOURCES TO MAKE SURE THE ANIMALS RESCUED HAVE A LONG AND FULL LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Deany President | OfficerTrustee | 20 | $0 |
Evan Penhasi Vice-President | OfficerTrustee | 10 | $0 |
Connie Krueger Treasurer | OfficerTrustee | 10 | $0 |
Stacy Miller Secretary | OfficerTrustee | 10 | $0 |
Kelli Baumgartner Foster Coordinator | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $428,877 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $428,877 |
| Total Program Service Revenue | $210,282 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,352 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $649,815 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $182,226 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,020 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,127 |
| Advertising and promotion | $130 |
| Office expenses | $2,826 |
| Information technology | $8,669 |
| Royalties | $0 |
| Occupancy | $19,854 |
| Travel | $98 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,499 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,920 |
| Insurance | $10,550 |
| All other expenses | $3,321 |
| Total functional expenses | $630,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,503 |
| Savings and temporary cash investments | $0 |
| 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 | $480,397 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $506,900 |
| 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 | $200,000 |
| Secured mortgages and notes payable | $99,398 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,307 |
| Total liabilities | $349,705 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $157,195 |
| Total liabilities and net assets/fund balances | $506,900 |