Love One Inc
- Assets
- $5.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pearland, TX
- Founding
- 01/2020
- Data as of
- 12/2020
- EIN
- 83-3099842
Organization Overview
Love One Inc is located in Pearland, TX. The organization was established in 2020. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love One 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 12/2020, Love One Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $11.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 2 years. 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
GO TO NATIONS WITH THE GOSPEL OF JESUS CHRIST UNTIL EVERY TRIBE, EVERY TONGUE, EVERY NATION HAS HEARD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Rose Founder President | 20 | $0 | |
Patrick Johnson Vice President | 0 | $0 | |
Dustin Szeluga Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,000 |
| 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 | $11,999 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,800 |
| Professional fees and other payments to independent contractors | $464 |
| Occupancy, rent, utilities, and maintenance | $56 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,078 |
| Total expenses | $11,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,687 |
| Other assets | $0 |
| Total assets | $5,687 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,687 |
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