Loving On Purpose is located in El Dorado Hills, CA. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loving On Purpose 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 12/2023, Loving On Purpose generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES CHRISTIAN MINISTRY, TEACHING AND DEMONSTRATIONS OF THE GOSPEL OF JESUS CHRIST VIA SEMINAR PRESENTATIONS AND ONLINE CLASSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES CHRISTIAN MINISTRY, TEACHING AND DEMONSTRATIONS OF THE GOSPEL OF JESUS CHRIST VIA SEMINAR PRESENTATIONS AND ONLINE CLASSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brittney Serpell Director | Trustee | 40 | $78,895 |
Danny Silk CEO | OfficerTrustee | 50 | $0 |
Sheri Silk CFO | OfficerTrustee | 10 | $0 |
Bob Hasson Director | Trustee | 2 | $0 |
Jared Cullop Director | Trustee | 2 | $0 |
Eric Knopf Director | Trustee | 2 | $0 |
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 | $620,369 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $620,369 |
Total Program Service Revenue | $568,436 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $52,426 |
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 | $8,867 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,250,098 |
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. | $198,650 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $363,660 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $42,931 |
Payroll taxes | $32,238 |
Fees for services: Management | $0 |
Fees for services: Legal | $57 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $121,436 |
Advertising and promotion | $77,958 |
Office expenses | $81,440 |
Information technology | $12,169 |
Royalties | $0 |
Occupancy | $57,033 |
Travel | $50,003 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $53,009 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,210 |
Insurance | $17,733 |
All other expenses | $0 |
Total functional expenses | $1,226,227 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $221,869 |
Savings and temporary cash investments | $164 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $17,143 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $129,097 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $13,819 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $382,092 |
Accounts payable and accrued expenses | $83,245 |
Grants payable | $0 |
Deferred revenue | $1,442 |
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 | $84,687 |
Net assets without donor restrictions | $297,405 |
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 | $382,092 |