LOVE INC OF BREVARD INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LOVE INC OF BREVARD INC (EIN 36-4512166)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-09
IRS object ID
202431309349302263
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-09T11:19:51-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261141557PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHURCHSHIELD LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line115215 ENDEAVOR DRAddressLine1Txt
CityNOBLESVILLECityNm
State AbbreviationINStateAbbreviationCd
ZIP460604919ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364512166EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOVE INC OF BREVARD INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLOVEBusinessNameControlTxt
Phone3212539542PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1830 N APOLLO BLVDAddressLine1Txt
CityMELBOURNECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32935ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT DIXONPersonNm
Person TitleVICE CHAIRPersonTitleTxt
Phone3212539542PhoneNum
Signature2024-05-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSCOTTPersonFirstNm
Person LastDIXONPersonLastNm
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASHLEE BROOKE THOMASPreparerPersonNm
PTINP00848854PTIN
Phone3175709573PhoneNum
Preparation2024-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSCOTT DIXONPrincipalOfficerNm
Gross Receipts$1,849,771GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LOVEINCBREVARD.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE MISSION OF LOVE INC IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES IN THE NAME OF CHRIST, IN PARTNERSHIP WITH NETWORK CHURCHES, AGENCIES, BUSINESSES AND INDIVIDUALS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers268TotalVolunteersCnt
Total Gross UBI$5,542TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$4,542NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$903,159PYContributionsGrantsAmt
CY Contributions Grants$1,241,509CYContributionsGrantsAmt
PY Program Service Revenue$507,195PYProgramServiceRevenueAmt
CY Program Service Revenue$589,126CYProgramServiceRevenueAmt
PY Investment Income$1,274PYInvestmentIncomeAmt
CY Investment Income$10,300CYInvestmentIncomeAmt
PY Other Revenue$3,069PYOtherRevenueAmt
CY Other Revenue$8,836CYOtherRevenueAmt
PY Total Revenue$1,414,697PYTotalRevenueAmt
CY Total Revenue$1,849,771CYTotalRevenueAmt
CY Grants And Similar Paid$77,820CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$561,873PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$584,203CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$2,330PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$28,480CYTotalFundraisingExpenseAmt
PY Other Expenses$919,814PYOtherExpensesAmt
CY Other Expenses$1,035,458CYOtherExpensesAmt
PY Total Expenses$1,484,017PYTotalExpensesAmt
CY Total Expenses$1,697,481CYTotalExpensesAmt
PY Revenues Less Expenses-$69,320PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$152,290CYRevenuesLessExpensesAmt
Total Assets BOY$353,980TotalAssetsBOYAmt
Total Assets EOY$659,112TotalAssetsEOYAmt
Total Liabilities BOY$59,727TotalLiabilitiesBOYAmt
Total Liabilities EOY$210,266TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$294,253NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$448,846NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF LOVE INC IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST. TO THAT END, LOVE INC OF BREVARD NETWORKS PARTNER RESOURCES TO PROVIDE HOPE, HELP AND A HAND-UP TO FREEDOM TO THOSE IN NEED IN OUR COUNTY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$966,771ExpenseAmt
Grant$1,444GrantAmt
Revenue$589,126RevenueAmt
DescVILLAGE THRIFT: THE THRIFT STORE RECEIVES DONATED ITEMS FROM THE COMMUNITY, MAKING THEM AVAILABLE TO ACTIVE CLIENTS WITH VERIFIED NEEDS AT A SIGNIFICANT DISCOUNT OF 80% OF THE THRIFT STORE PRICE. THOSE CLIENTS WHO CANNOT AFFORD TO PAY THE DISCOUNTED PRICE CAN WORK IN THE THRIFT STORE TO OFFSET THE PRICE OF THE ITEMS AT A RATE OF 10/HOUR. CLIENTS IN NEED OF COMMUNITY ARE ENCOURAGED TO VOLUNTEER, FINDING A LOVING AND SUPPORTIVE PLACE WHERE THEY CAN CONTRIBUTE AND GROW. OUR STORE ALSO ALLOWS US TO GIVE CLIENTS AND FORMER CLIENTS ENTRY-LEVEL JOBS WHERE THEY CAN GAIN A POSITIVE WORK EXPERIENCE BEFORE RE-ENTERING THE JOB MARKET. THRIFT STORE ITEMS ARE ALSO OFFERED FOR SALE TO THE PUBLIC, PRODUCING A REVENUE STREAM TO SUPPORT OUR PROGRAM ACTIVITIES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$227,195ExpenseAmt
Grant$72,464GrantAmt
DescCLIENT SERVICES: LOVE INC WORKS WITH ITS PARTNERS TO SUPPLY GOODS AND PROVIDE SERVICES DIRECTLY TO CLIENTS WHO MAKE THE COMMITMENT TO GO BEYOND THEIR CURRENT CIRCUMSTANCES AND GROW THROUGH INDIVIDUALIZED ACTION PLANS, ONE STEP AT A TIME, FROM NEED TO SUSTAINABILITY. ASSISTANCE GIVEN INCLUDES OFFSETTING LIVING AND MEDICAL EXPENSES, PROVIDING LIFE SKILLS TRAINING AND MENTAL HEALTH COUNSELING OPPORTUNITIES, CONFRONTING UNDERLYING CAUSES OF CHRONIC NEED, ENCOURAGING THE DEVELOPMENT OF HEALTHY RELATIONSHIPS, ETC... AS A RESULT OF LOVE INC'S PARTNERSHIPS WITH LOCAL BUSINESSES AND AGENCIES, CLIENTS BENEFITED FROM DONATED PROFESSIONAL SERVICES IN ADDITION TO THE MATERIAL GOODS ACCOUNTED FOR IN THE PROGRAM EXPENSES REPORTED. WHILE IT IS NOT OUR MISSION TO PROVIDE EMERGENCY ASSISTANCE, WE HAVE DEVELOPED AND CONTINUE TO MAINTAIN AN ACCURATE RESOURCE GUIDE OF LOCAL AGENCIES WHO SPECIALIZE IN EMERGENCY RELIEF TO THOSE IN NEED OF ECONOMIC ASSISTANCE FOR IMMEDIATE, CRISIS SITUATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$142,485ExpenseAmt
Grant$1,005GrantAmt
DescMOBILIZATION: OUR HIGHEST GOAL IS TO MOBILIZE OUR COMMUNITY TO TAKE PART IN TRANSFORMING THE LIVES OF THOSE IN NEED. TO THIS END WE EMPLOYE PARTNERSHIPS COORDINATORS WHO FOCUS ON DEVELOPING CHURCH, BUSINESS, AND AGENCY PARTNERS TO ASSIST WITH OUR CLIENT SERVICES PROGRAM. WE ALSO HAVE A VOLUNTEER COORDINATOR WHO FOCUSES SOLELY ON RECRUITING, TRAINING, AND MANAGING VOLUNTEERS ACROSS OUR ORGANIZATION. EACH MONTH WE UTILIZE NEARLY 80 VOLUNTEERS ACROSS OUR ORGANIZATION, AND IN 2022 WE COORDINATED OVER 16,000 VOLUNTEER HOURS. ADDITIONALLY, WE OFFER EDUCATIONAL COURSES ON OUR PROGRAM METHODOLOGY TO TEACH OUR COMMUNITY THE REASONS BEHIND OUR WAY OF UPLIFTING THOSE IN NEED. OUR HOPE IS THAT, THROUGH EDUCATION, WE CAN BUILD A NETWORK OF LIKE-MINDED INDIVIDUALS AND ORGANIZATIONS WHO SHARE A COMMON METHODOLOGY FOR TRANSFORMING THE LIVES OF PEOPLE IN NEED.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$68,339ExpenseAmt
Grant$2,907GrantAmt
Revenue$817RevenueAmt
DescCOMMUNITY TRANSFORMATION: WE ARE WORKING TO BRING TRANSFORMATION ON THE COMMUNITY LEVEL BY PULLING TOGETHER LIKE-MINDED, MISSIONALLY-ALIGNED INDIVIDUALS AND ORGANIZATIONS TO WORK TOWARDS HUMAN FLOURISHING AMIDST THESE SPECIFIC COMMUNITY WOES: DOMESTIC VIOLENCE, PREDATORY LENDING, DRUG ADDICTION, HUMAN TRAFFICKING, HOMELESSNESS, NEIGHBORHOOD REVITALIZATION, FOSTER CARE SUPPORT, AND STRONG COMMUNITY SCHOOLS. TO THIS END WE MOBILIZE FULL-TIME STAFF TO BE IN THE COMMUNITY AS A CATALYST FOR FORWARD-MOVEMENT AND ORGANIZATIONAL-COOPERATION. IN PRACTICE THIS LOOKS LIKE ORGANIZING AND FACILITATING CONVERSATIONS THAT INVOLVE INFLUENCERS AND DECISION-MAKERS IN OUR COUNTY TO FIGHT AGAINST THESE COMMUNITY-WIDE DYSFUNCTIONS. AS WE GATHER TOGETHER AROUND THE TABLE, PARTNERSHIPS ARE FORMED AND COMMUNITY MEMBERS ARE ACTIVATED TO BECOME PARTICIPANTS IN THE SOLUTIONS TO OUR COMMUNITIES GREATEST PROBLEMS. WE ALSO FOCUS ON CONNECTING CHURCHES WITH ORGANIZATIONS ON THE FRONT LINES OF THESE ISSUES IN ORDER TO GIVE PEOPLE IN OUR COMMUNITY EASY ON-RAMPS FOR INVOLVEMENT IN PARTICIPATING WITH THESE COMMUNITY ORGANIZATIONS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$68,339TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$2,907TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$817TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$1,404,790TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee24EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHURCH ACCOUNTING SERVICESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3175709573PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115215 ENDEAVOR DRIVEAddressLine1Txt
CityNOBLESVILLECityNm
State AbbreviationINStateAbbreviationCd
ZIP46060ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
KRISTY STUART
EXECUTIVE DI40.00Yes (X)$73,461$0$0
SCOTT DIXON
VICE CHAIR0.69Yes (X)$0$0$0Yes (X)
FLORIDA HOLBERT
BOARD MEMBER0.69$0$0$0Yes (X)
MARK KENDALL
BOARD CHAIR0.69Yes (X)$0$0$0Yes (X)
GLORIA LOREY
TREASURER0.69Yes (X)$0$0$0Yes (X)
JANIE MCDERMOTT
SECRETARY0.69Yes (X)$0$0$0Yes (X)
REBECCA SCHULTZ
BOARD MEMBER0.69$0$0$0Yes (X)
LESLI SMITH
BOARD MEMBER0.69$0$0$0Yes (X)
CHRIS WALDROP
BOARD MEMBER0.69$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$73,461TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$209,245GovernmentGrantsAmt
All Other Contributions$1,032,264AllOtherContributionsAmt
Noncash Contributions$593,044NoncashContributionsAmt
Total Contributions$1,241,509TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTHRIFT STORE REVENUEDesc
Business453310BusinessCd
Total Revenue Column$589,126TotalRevenueColumnAmt
Related Or Exempt Func Income$589,126RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$589,126TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,300TotalRevenueColumnAmt
Exclusion$10,300ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REFERRAL COMMISSIONS541890$5,542$5,542
DISCOUNTS/CASH BACK/REIMB$2,477$2,477
BOOK PURCHASES$572$572

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$245TotalRevenueColumnAmt
Related Or Exempt Func Income$245RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$8,836OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,849,771TotalRevenueColumnAmt
Related Or Exempt Func Income$589,943RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$5,542UnrelatedBusinessRevenueAmt
Exclusion$12,777ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$77,820TotalAmt
Program Services$77,820ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$73,461TotalAmt
Program Services$51,423ProgramServicesAmt
Management And General$22,038ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$510,742TotalAmt
Program Services$396,954ProgramServicesAmt
Management And General$105,880ManagementAndGeneralAmt
Fundraising$7,908FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,056TotalAmt
Management And General$31,056ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$62,588TotalAmt
Program Services$24,564ProgramServicesAmt
Management And General$31,166ManagementAndGeneralAmt
Fundraising$6,858FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,815TotalAmt
Program Services$5,296ProgramServicesAmt
Management And General$2,995ManagementAndGeneralAmt
Fundraising$2,524FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$38,134TotalAmt
Program Services$25,738ProgramServicesAmt
Management And General$9,872ManagementAndGeneralAmt
Fundraising$2,524FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$32,564TotalAmt
Program Services$12,407ProgramServicesAmt
Management And General$15,534ManagementAndGeneralAmt
Fundraising$4,623FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$121,162TotalAmt
Program Services$104,727ProgramServicesAmt
Management And General$16,435ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,369TotalAmt
Program Services$7,611ProgramServicesAmt
Management And General$1,400ManagementAndGeneralAmt
Fundraising$358FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$27,628TotalAmt
Program Services$21,999ProgramServicesAmt
Management And General$1,944ManagementAndGeneralAmt
Fundraising$3,685FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$66TotalAmt
Management And General$66ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$18,591TotalAmt
Management And General$18,591ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,467TotalAmt
Program Services$6,467ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$31,642TotalAmt
Program Services$27,695ProgramServicesAmt
Management And General$3,947ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
THRIFT STORE COGS$592,414$589,127$3,287
THRIFT STORE OPERATIONS$52,962$52,962

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,697,481TotalAmt
Program Services$1,404,790ProgramServicesAmt
Management And General$264,211ManagementAndGeneralAmt
Fundraising$28,480FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$87,323BOYAmt
EOY$203,983EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$175,333BOYAmt
EOY$200,181EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$16,918BOYAmt
EOY$17,115EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,200BOYAmt
EOY$5,200EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$45,311LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$25,264LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,600BOYAmt
EOY$20,047EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$56,606BOYAmt
EOY$212,586EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$353,980BOYAmt
EOY$659,112EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,679BOYAmt
EOY$53,780EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$9,750BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,298BOYAmt
EOY$156,486EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$59,727BOYAmt
EOY$210,266EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$176,183BOYAmt
EOY$265,252EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$118,070BOYAmt
EOY$183,594EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$294,253BOYAmt
EOY$448,846EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$353,980BOYAmt
EOY$659,112EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$152,290ReconcilationRevenueExpnssAmt
Donated Services And Use Fclts-$6,875DonatedServicesAndUseFcltsAmt
Prior Period Adjustments$3,187PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$5,991OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$600,590CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$598,363CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$795,567CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$903,158CurrentTaxYearMinus1YearAmt
Current Tax Year$1,241,509CurrentTaxYearAmt
Total$4,139,187TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$600,590CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$598,363CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$795,567CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$903,158CurrentTaxYearMinus1YearAmt
Current Tax Year$1,241,509CurrentTaxYearAmt
Total$4,139,187TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$33,449SubstantialContributorsTotAmt
Public Support Total170$4,105,738PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,388CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$445CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,103CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,274CurrentTaxYearMinus1YearAmt
Current Tax Year$10,300CurrentTaxYearAmt
Total$15,510TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year$4,542CurrentTaxYearAmt
Total$4,542TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$205CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,859CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$57,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,069CurrentTaxYearMinus1YearAmt
Current Tax Year$2,477CurrentTaxYearAmt
Total$68,330TotalAmt
FieldValueIRS element (for citing)
Total Support$4,227,569TotalSupportAmt
Gross Receipts Rltd Activities$2,059,219GrossReceiptsRltdActivitiesAmt
Public Support CY1700.97120PublicSupportCY170Pct
Public Support PY1700.97170PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationMISCELLANEOUS REIMBURSEMENTS 65,853ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,711OtherCostOrOtherBasisAmt
Depreciation$476DepreciationAmt
Book Value$6,235BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,600OtherCostOrOtherBasisAmt
Depreciation$24,788DepreciationAmt
Book Value$13,812BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$20,047TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OPERATING LEASE, ROU ASSET$146,621
BENEFICIAL INTEREST IN CF ENDOWMENT$65,965
FieldValueIRS element (for citing)
Total Book Value Other Assets$212,586TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$156,486Amt
FieldValueIRS element (for citing)
Total Liability$156,486TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmt
DIRECT NEEDS MET$1,444
DIRECT NEEDS MET$72,464
DIRECT NEEDS MET$1,005
DIRECT NEEDS MET$2,907

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$593,044NoncashContributionsRptF990Amt
Method Of Determining RevenuesESTIMATED FMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE MISSION OF LOVE INC IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST. TO THAT END, LOVE INC OF BREVARD NETWORKS PARTNER RESOURCES TO PROVIDE HOPE, HELP AND A HAND-UP TO FREEDOM TO THOSE IN NEED IN OUR COUNTY.
FORM 990, PAGE 2, PART III, LINE 4BCLIENT SERVICES: LOVE INC WORKS WITH ITS PARTNERS TO SUPPLY GOODS AND PROVIDE SERVICES DIRECTLY TO CLIENTS WHO MAKE THE COMMITMENT TO GO BEYOND THEIR CURRENT CIRCUMSTANCES AND GROW THROUGH INDIVIDUALIZED ACTION PLANS, ONE STEP AT A TIME, FROM NEED TO SUSTAINABILITY. ASSISTANCE GIVEN INCLUDES OFFSETTING LIVING AND MEDICAL EXPENSES, PROVIDING LIFE SKILLS TRAINING AND MENTAL HEALTH COUNSELING OPPORTUNITIES, CONFRONTING UNDERLYING CAUSES OF CHRONIC NEED, ENCOURAGING THE DEVELOPMENT OF HEALTHY RELATIONSHIPS, ETC... AS A RESULT OF LOVE INC'S PARTNERSHIPS WITH LOCAL BUSINESSES AND AGENCIES, CLIENTS BENEFITED FROM DONATED PROFESSIONAL SERVICES IN ADDITION TO THE MATERIAL GOODS ACCOUNTED FOR IN THE PROGRAM EXPENSES REPORTED. WHILE IT IS NOT OUR MISSION TO PROVIDE EMERGENCY ASSISTANCE, WE HAVE DEVELOPED AND CONTINUE TO MAINTAIN AN ACCURATE RESOURCE GUIDE OF LOCAL AGENCIES WHO SPECIALIZE IN EMERGENCY RELIEF TO THOSE IN NEED OF ECONOMIC ASSISTANCE FOR IMMEDIATE, CRISIS SITUATIONS.
FORM 990, PAGE 2, PART III, LINE 4CMOBILIZATION: OUR HIGHEST GOAL IS TO MOBILIZE OUR COMMUNITY TO TAKE PART IN TRANSFORMING THE LIVES OF THOSE IN NEED. TO THIS END WE EMPLOYE PARTNERSHIPS COORDINATORS WHO FOCUS ON DEVELOPING CHURCH, BUSINESS, AND AGENCY PARTNERS TO ASSIST WITH OUR CLIENT SERVICES PROGRAM. WE ALSO HAVE A VOLUNTEER COORDINATOR WHO FOCUSES SOLELY ON RECRUITING, TRAINING, AND MANAGING VOLUNTEERS ACROSS OUR ORGANIZATION. EACH MONTH WE UTILIZE NEARLY 80 VOLUNTEERS ACROSS OUR ORGANIZATION, AND IN 2022 WE COORDINATED OVER 16,000 VOLUNTEER HOURS. ADDITIONALLY, WE OFFER EDUCATIONAL COURSES ON OUR PROGRAM METHODOLOGY TO TEACH OUR COMMUNITY THE REASONS BEHIND OUR WAY OF UPLIFTING THOSE IN NEED. OUR HOPE IS THAT, THROUGH EDUCATION, WE CAN BUILD A NETWORK OF LIKE-MINDED INDIVIDUALS AND ORGANIZATIONS WHO SHARE A COMMON METHODOLOGY FOR TRANSFORMING THE LIVES OF PEOPLE IN NEED.
FORM 990, PAGE 2, PART III, LINE 4DCOMMUNITY TRANSFORMATION: WE ARE WORKING TO BRING TRANSFORMATION ON THE COMMUNITY LEVEL BY PULLING TOGETHER LIKE-MINDED, MISSIONALLY-ALIGNED INDIVIDUALS AND ORGANIZATIONS TO WORK TOWARDS HUMAN FLOURISHING AMIDST THESE SPECIFIC COMMUNITY WOES: DOMESTIC VIOLENCE, PREDATORY LENDING, DRUG ADDICTION, HUMAN TRAFFICKING, HOMELESSNESS, NEIGHBORHOOD REVITALIZATION, FOSTER CARE SUPPORT, AND STRONG COMMUNITY SCHOOLS. TO THIS END WE MOBILIZE FULL-TIME STAFF TO BE IN THE COMMUNITY AS A CATALYST FOR FORWARD-MOVEMENT AND ORGANIZATIONAL-COOPERATION. IN PRACTICE THIS LOOKS LIKE ORGANIZING AND FACILITATING CONVERSATIONS THAT INVOLVE INFLUENCERS AND DECISION-MAKERS IN OUR COUNTY TO FIGHT AGAINST THESE COMMUNITY-WIDE DYSFUNCTIONS. AS WE GATHER TOGETHER AROUND THE TABLE, PARTNERSHIPS ARE FORMED AND COMMUNITY MEMBERS ARE ACTIVATED TO BECOME PARTICIPANTS IN THE SOLUTIONS TO OUR COMMUNITIES GREATEST PROBLEMS. WE ALSO FOCUS ON CONNECTING CHURCHES WITH ORGANIZATIONS ON THE FRONT LINES OF THESE ISSUES IN ORDER TO GIVE PEOPLE IN OUR COMMUNITY EASY ON-RAMPS FOR INVOLVEMENT IN PARTICIPATING WITH THESE COMMUNITY ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE ORGANIZATION PROVIDES ACCESS TO A COPY OF THE FORM 990 TO EACH BOARD MEMBER AT LEAST 5 DAYS IN ADVANCE OF FILING, IN ORDER TO ALLOW THE BOARD MEMBERS TO MAKE COMMENTS.
FORM 990, PAGE 6, PART VI, LINE 12CAT EACH BOARD MEETING, ALL IN ATTENDANCE ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST WHICH THEY MAY HAVE WITH ANY ITEM ON THE AGENDA, BEFORE THOSE MATTERS ARE DISCUSSED.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE IN LOVE INC OFFICES UPON RECEIPT OF WRITTEN REQUEST.
FORM 990, PART XI, LINE 9BOOK / TAX DEPRECIATION DIFFERENCE 5,991

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