Love Matters Most Inc
- Assets
- $57.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carmichael, CA
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 83-3329252
Organization Overview
Love Matters Most Inc is located in Carmichael, CA. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 Matters Most 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 12/2022, Love Matters Most Inc generated $114.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $83.6k during the year ending 12/2022. While expenses have increased by 0.9% 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
2022
Describe the Organization's Program Activity:
Part 3
LOVE MATTERS MOST INC.'S PRIMARY PURPOSE IS TO RAISE FUNDS FOR OUR SISTER ORGANIZATION, LOMAMO FOUNDATION IN KISUMU, KENYA WHERE OUR PURPOSE IS TO SAVE LIVES AND PREVENT ORPHANS. LINE #28 REPRESENTS LOCAL USA EXPENSES TO RAISE THE FUNDS FOR KENYA ($7,760) WIRE TRANSFERS TO SISTER ORGANIZATION LOMAMO FOUNDATION IN KISUMU, KENYA = $91,520. 2021 ACCOMPLISHMENTS INCLUDE SERVING 250 PATIENTS, DISCHARGED 181 HEALTHY PATIENTS, PREVENTING 492 CHILDREN FROM BECOMING ORPHANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Mcclanahan President | 30 | $0 | |
Charles Cameron Vice President | 15 | $0 | |
Michael Mcclanahan Treasurer | 25 | $0 | |
Sue Morey Jones Secretary | 30 | $0 | |
Alan Van Sloten Board Member At Large | 10 | $0 | |
Collins Christensen Board Member At Large | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,183 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$12,615 |
| Other Revenue | $0 |
| Total Revenue | $114,568 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,860 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,646 |
| Other expenses | $74,125 |
| Total expenses | $83,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,971 |
| Other assets | $0 |
| Total assets | $57,210 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,210 |