Funding Love Corp
- Assets
- $24.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sharpsburg, GA
- Founding
- 06/2018
- Data as of
- 12/2020
- EIN
- 83-0769251
Organization Overview
Funding Love Corp is located in Sharpsburg, GA. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Funding Love Corp 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 12/2020, Funding Love Corp generated $41.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.1% each year . All expenses for the organization totaled $21.8k during the year ending 12/2020. While expenses have increased by 28.2% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
FUNDING LOVE WAS BLESSED TO SEND FOUR ADOPTIVE FAMILIES ON AN ALL EXPENSE PAID TRIP TO WALT DISNEY WORLD IN 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Wicker Treasurer | 1 | $0 | |
Timothy Elrod President | 3 | $0 | |
Mari Griffing Fundraiser Chair | 1 | $0 | |
Malorie Elrod Vice President | 10 | $0 | |
Trishia Wicker Secretary | 1 | $0 | |
Julie Lindemon Travel Coordinator | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,539 |
| 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 | $41,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $19,436 |
| 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 | $0 |
| Other expenses | $2,379 |
| Total expenses | $21,815 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,663 |
| Other assets | $0 |
| Total assets | $24,663 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,663 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Funding Love Corp has recieved totaling $647.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $447 |
Mckesson Foundation Dallas, TX PURPOSE: CHARITABLE | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |