Love Inc Of Brevard Inc

Organization Overview

Love Inc Of Brevard Inc is located in Melbourne, FL. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Love Inc Of Brevard Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of Brevard 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 12/2021, Love Inc Of Brevard Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 27.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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.


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.


OTHER PROGRAM SERVICES (DESCRIBED ON SCHEDULE O.)


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kristy Stuart
Executive Director
$60,216
Florida Holbert
Treasurer
$0
Tony Hauck
Chairperson
$0
Chris Waldrop
Board Member
$0
Janie Mcdermott
Board Member
$0
Mark Kendall
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,000
All other contributions, gifts, grants, and similar amounts not included above$790,567
Noncash contributions included in lines 1a–1f $398,225
Total Revenue from Contributions, Gifts, Grants & Similar$795,567
Total Program Service Revenue$411,518
Investment income $1,103
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 $1,265,908

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Love Inc Of Brevard Inc has recieved totaling $50,164.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: PHILANTHROPY

$28,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$9,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$6,200
Community Foundation For Brevard Inc

Melbourne, FL

PURPOSE: CITIZEN WELFARE

$5,970
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$811
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$183
View Grant Recipient Profile

Create an account to unlock the data you need.

or