Lots Of Love Trust is located in Lakeville, MA. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lots Of Love Trust 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 12/2017, Lots Of Love Trust generated $3.4k 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 (25.2%) each year. All expenses for the organization totaled $7.2k during the year ending 12/2017. 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
DONATIONS WERE MADE TO THE ELDERLY AND FAMILIES IN NEED
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Atwood Chairman | 10 | $0 | |
Walter Atwood Vice-Chairman | 2 | $0 | |
Doris Scannell Treasurer | 2 | $0 | |
Teresa Farley Secretary | 1 | $0 | |
Mary Borsari Clerk | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,422 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,422 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $232 |
| Other expenses | $6,947 |
| Total expenses | $7,179 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,331 |
| Other assets | $0 |
| Total assets | $3,331 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,331 |