Love Has No Limits Inc
- Assets
- $530.6k
- Revenue
- $344.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Dana Point, CA
- Founding
- 12/2019
- Data as of
- 12/2020
- EIN
- 84-3661235
Organization Overview
Love Has No Limits Inc is located in Dana Point, CA. The organization was established in 2019. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2020, Love Has No Limits Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Has No Limits 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 Has No Limits Inc generated $344.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $146.3k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
HATE ISNT WORKING. DIVISION ISNT WORKING. IT WOULD APPEAR LOVE IS THE ONLY OPTION. THE LOVE HAS NO LIMITS MOVEMENT IS UNLEASHING THE EXPONENTIAL IMPACT OF COLLABORATION BY UNITING FAITH COMMUNITIES, NONPROFITS, COMMUNITY CHAMPIONS AND VOLUNTEERS TO DRIVE MEASURABLE CHANGE AND SUSTAINABLE TRANSFORMATION IN MAJOR CITY CENTERS AND COMMUNITIES ACROSS AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVATED A DIVERSE REPRESENTATION OF FAITH COMMUNITIES, NONPROFITS, COMMUNITY CHAMPIONS, AND THOUSANDS OF VOLUNTEERS TO FACILITATE 7 STRATEGIC INITIATIVES. THE INITIATIVES INCLUDE TRANSFORMING FAITH COMMUNITIES INTO SERVE CENTERS, ERADICATING MILLIONS OF DOLLARS IN MEDICAL DEBT FOR FAMILIES IN POVERTY, RECRUITING FAMILIES TO FOSTER, ADOPT, AND PROVIDE SUPPORT TO FAMILIES IN CRISIS, LAUNCHING A HOPE COMMUNITY IN ALL 35 STATE PRISONS IN CALIFORNIA, AND IGNITING A MOVEMENT OF MEN COMMITTED TO THEIR FAMILIES. HELPED TO COORDINATE AND LAY THE GROUNDWORK FOR THE HISTORIC 1DAYLA WEEK OF SERVICE AND STADIUM CELEBRATION IN JULY 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominic Russo President | Officer | 10 | $35,000 |
Karl Lapeer Board Member | Trustee | 0.5 | $0 |
Linford Weaver Board Member | Trustee | 0.5 | $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 | $344,083 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,083 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $344,083 |
| 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. | $35,000 |
| Compensation of current officers, directors, key employees. | $3,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,518 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,815 |
| All other expenses | $0 |
| Total functional expenses | $146,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $530,585 |
| 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 | $0 |
| Total assets | $530,585 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $530,585 |
| 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 | $530,585 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Love Has No Limits Inc has recieved totaling $1,010,000.
| Awarding Organization | Amount |
|---|---|
Stand Together Foundation Arlington, VA PURPOSE: General Operating | $1,000,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: NEW | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Child And Family Service Ewa Beach, HI | $20,885,160 | $29,767,300 |