Memories Of Love Foundation Inc is located in Jacksonville, FL. Memories Of Love Foundation 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 05/2017, Memories Of Love Foundation Inc generated $31.5k 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 (55.1%) each year. All expenses for the organization totaled $92.8k during the year ending 05/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
MEMORIES OF LOVE FOUNDATION HELPS CREATE JOYFUL, LASTING AND LOVING MEMORIES FOR CHILDREN OF PARENTS WITH A LIFE-THREATENING ILLNESS. DURING THE FISCAL YEAR, MEMORIES OF LOVE SENT 80 FAMILIES TO ORLANDO, FLORIDA FOR A FIVE-DAY, FUN-FILLED MEMORY TRIP FAR REMOVED FROM MOUNTING MEDICAL BILLS, THERAPY AND HOSPITAL VISITS. MEMORIES OF LOVE PROVIDES A TREASURED FAMILY TIME WHERE CHILDREN WITH AN ILL PARENT CAN RETURN HOME WITH A SUITCASE FULL OF SPECIAL MEMORIES TO BE UNPACKED AND RELIVED FOR MANY YEARS TO COME.PURSUANT TO FORM 990-EZ INSTRUCTIONS, THE FOLLOWING ITEMS WERE NOT INCLUDED IN CONTRIBUTION INCOME: $133,100 VALUE OF ROOMS DONATED BY HOTELS $96,700 VALUE OF TICKETS DONATED BY THEME PARKS$1,420 VALUE OF ADVERTISINGCONTRIBUTIONS OF HOTEL ROOMS AND THEME PARK TICKETS WERE USED AS FOLLOWS:77 FAMILIES RECEIVED HOTEL ROOMS79 FAMILIES RECEIVED THEME PARK TICKETS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melvin Gottlieb Director/pres | 5 | $0 | |
J Michael Drinkwater Dir/sec-Treas | 5 | $0 | |
Linda Landwirth Director | 0 | $0 | |
Deborah Gottlieb Director | 0 | $0 | |
Aaron Gottlieb Director | 0 | $0 | |
Mark Shorstein Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,870 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$328 |
Other Revenue | $0 |
Total Revenue | $31,542 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $42,734 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $867 |
Other expenses | $7,282 |
Total expenses | $92,780 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,359 |
Other assets | $0 |
Total assets | $14,230 |
Total liabilities | $0 |
Net assets or fund balances | $14,230 |