2022-05-11T10:25:34-07:00 2021-12-31 990 2021-01-01 364512166 LOVE INC OF BREVARD INC LOVE 3212539542 830 N Apollo Blvd Melbourne FL 32935 Tony Hauck Chairperson 3212539542 2022-05-11 1 11 1 AAL2 2021 2022-09-23 18:48:47Z Tony Hauck 830 N Apollo Blvd Melbourne FL 32935 1265908 0 X www.loveincbrevard.com X 2003 FL The mission of Love INC is to mobilize local churches to transform lives and communities in the name of Christ, in partnership with network churches, agencies, businesses and individuals. 6 6 22 442 0 0 598364 795567 270862 411518 5445 1103 4859 57720 879530 1265908 0 0 0 0 299806 395464 0 0 19551 570951 733387 870757 1128851 8773 137057 295109 378897 84149 29143 210960 349754 X The 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. 0 0 698338 411488 Village Thrift Shop: The thrift store receives donated items from the community, making them available to active clients with verified needs at a significant discount of 80% off the thrift store price. Those who cannot afford to pay the discounted price can work in the thrift store to offset the price of their items. Clients in need of community are encouraged to volunteer, finding a loving supportive place where they can contribute and grow. Thrift store items are also offered for sale to the public, producing a revenue stream to support other program activities. Revenue listed above does not include the value of contributed goods sold in the thrift store. Expenses listed does include the value of contributed goods. 96072 0 Investing in clients: 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 included offsetting living and medical expenses, providing life skills training and 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 $24,209 of donated professional services in addition to the material goods accounted for in the program expenses listed in this report. While it is not our mission to provide emergency assistance, we provide a resource guide of local agencies who specialize in emergency relief to those in need of economic assistance for immediate, crisis situations. 18994 0 Community 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 revitilization, foster care support, and strong community schools. To this end, we mobilize full-time staff to be in the community as catalysts 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-level 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. 92666 0 Other program services (Described on Schedule O.) 92666 0 0 906070 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 22 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Church Accounting Services 3175709573 15215 Endeavor Drive Noblesville IN 46060 Kristy Stuart Executive Director 40 X 60216 0 0 Mark Kendall Board Member 0.58 0 X 0 0 0 Janie McDermott Board Member 0.79 0 X 0 0 0 Chris Waldrop Board Member 0.19 0 X 0 0 0 Scott Dixon Board Member 0.59 0 X 0 0 0 Florida Holbert Treasurer 0.67 0 X 0 0 0 Tony Hauck Chairperson 1.43 0 X 0 0 0 60216 0 0 0 0 0 0 0 0 0 0 0 5000 790567 398225 795567 Thrift Store 900099 411518 411518 0 0 0 0 0 0 411518 1103 1103 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reimbursements + Rebates + PPP Forgiven Loan 900099 57720 57720 0 0 0 0 0 0 57720 1265908 470341 0 0 0 0 0 0 0 0 0 0 96466 47619 36190 12657 0 0 0 0 270801 215884 54179 738 0 0 0 0 0 0 0 0 28197 20231 6938 1028 0 0 0 0 0 0 0 0 28506 0 28506 0 0 0 0 0 0 0 0 0 0 0 5879 723 1858 3298 466 60 206 200 31751 13775 16379 1597 19682 6134 13548 0 0 0 0 0 115424 100188 15236 0 4096 2666 1397 33 0 0 0 0 7432 3921 3511 0 1099 0 1099 0 10467 0 10467 0 7185 5173 2012 0 17482 6547 10935 0 Provision for Client & Community Projects 52216 52084 132 0 Practical Education & Counseling 8445 8445 0 0 Thrift Store COGS 423257 422620 637 0 1128851 906070 203230 19551 191524 268782 0 0 0 0 0 0 62288 20205 5200 5200 35973 18655 13732 17318 0 0 0 0 22365 67392 295109 378897 19763 20125 0 0 0 0 0 62520 6564 1866 2454 84149 29143 X 161665 212502 49295 137252 210960 349754 295109 378897 137057 1737 0 0 0 0 X 1 X 0 1 0 X 425346 471792 600590 598363 795567 2891658 0 0 0 0 0 0 0 0 0 0 425346 471792 600590 598363 795567 2891658 183881 2707777 370 1987 2388 445 1103 6293 0 0 0 0 0 1545 -55 205 4859 57720 64274 2962225 1380159 0.91410 0.91776 X Schedule A, Part II, Line 10 Includes miscellaneous reimbursements each year, as well as the forgiveness of PPP loan in 2021. Schedule A, Part II, Line 12 Gross Receipts from Related Activities: 2017 Thrift Store - 186,619; 2018 Thrift Store - 236,669; 2019 Thrift Store - 274,491; 2020 Thrift Store - 270,862; 2021 Thrift Store - 411,518. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 6711 0 0 6711 29262 0 0 29262 0 0 18655 -18655 17318 Beneficial interest in CF Endowment 67392 67392 Sales tax payable 2454 2454 X 368109 Resale value X 4 18070 Blue book value 0 0 1 0 Form 990, Part III, Line 4d The Church mobilized: To truly transform lives and the community, Love INC of Brevard offers clients the broad spectrum of resources of the Body of Christ, consisting of much more than just material goods and services. It is our intent to go beyond the surface of present needs, getting to the root of emotional, generational and relational poverty. Also, knowing that some issues are much bigger than any one entity, we further the mission by 1) providing educational opportunities within the community that highlight the importance of providing assistance beyond sustenance, 2) equipping and deploying well trained, competent and compassionate mentors, 3) coordinating efforts with other agencies and 4) tackling unaddressed community needs. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - The 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, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - At 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, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - Governing documents, Conflict of Interest policy, and Financial Statements will be made available in Love INC offices upon receipt of written request.