Love Society is located in Tempe, AZ. The organization was established in 2018. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, 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 Society 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 12/2021, Love Society generated $211.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $209.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO PURCHASE MATERIAL TO FILL BAGS OF COMPASSION FOR CHILDREN WITH CANCER
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTED DONATIONS AND RAISED FUNDS TO PURCHASE MATERIALS TO FILL BAGS OF COMPASSION FOR CHILDREN WITH CANCER
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 | $203,104 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $203,104 |
Total Program Service Revenue | $0 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $7,857 |
Miscellaneous Revenue | $0 |
Total Revenue | $210,961 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $782 |
Office expenses | $503 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,734 |
Travel | $853 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,895 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $458 |
All other expenses | $1,533 |
Total functional expenses | $209,362 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,269 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,872 |
Total assets | $30,141 |
Accounts payable and accrued expenses | $131 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $131 |
Net assets without donor restrictions | $30,010 |
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 | $0 |
Total liabilities and net assets/fund balances | $30,141 |
Over the last fiscal year, we have identified 1 grants that Love Society has recieved totaling $208.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $208 |
Organization Name | Assets | Revenue |
---|---|---|
Make-A-Wish Foundation International Phoenix, AZ | $4,646,772 | $4,960,773 |
Stack Up Sylmar, CA | $426,740 | $3,356,062 |
Rahima International Foundation San Jose, CA | $10,862,475 | $4,453,844 |
Santa Claus Incorporated Of Greater San Bernardino San Bernardino, CA | $2,370,443 | $1,971,081 |
Clothes To Kids Of Denver Denver, CO | $942,034 | $1,520,924 |
Dress For Success Phoenix Phoenix, AZ | $1,065,433 | $956,258 |
Operation Care And Comfort Fairfield, CA | $933,986 | $1,257,583 |
Friends In Sonoma Helping Sonoma, CA | $1,974,816 | $1,389,287 |
The Good Tidings Foundation Burlingame, CA | $13,487,110 | $1,505,021 |
Global Helping To Advance Women & Children Gilbert, AZ | $977,959 | $889,787 |
Ambassadors Of Compassion International Inc Longmont, CO | $481,926 | $491,812 |
A Bridge For Kids San Diego, CA | $343,502 | $321,466 |