Love Coalition Ministries
- Assets
- $398.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Studio City, CA
- Founding
- 05/2016
- Data as of
- 12/2020
- EIN
- 47-4994623
Organization Overview
Love Coalition Ministries is located in Studio City, CA. The organization was established in 2016. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Love Coalition Ministries 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 12/2020, Love Coalition Ministries generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $994.4k during the year ending 12/2020. While expenses have increased by 24.1% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PEOPLE BECOME FULLY EMPOWERED FOLLWERS OF CHRIST
Describe the Organization's Program Activity:
HELPING PEOPLE BECOME FULLY EMPOWERED FOLLOWERS OF CHRIST
HELPING PEOPLE BECOME FULLY EMPOWERED FOLLOWERS OF CHRIST
HELPING PEOPLE BECOME FULLY EMPOWERED FOLLOWERS OF CHRIST
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) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Bolz President | Officer | 30 | $0 |
Cherie Bolz Secretary | Officer | 30 | $0 |
Alvin Chun Director | Trustee | 1 | $0 |
Dr Robert Zoeliner Director | Trustee | 1 | $0 |
Sean Feucht Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $867,690 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $867,690 |
| Total Program Service Revenue | $207,082 |
| Investment income | $0 |
| 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 | $1,080,272 |
| 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. | $139,404 |
| Compensation of current officers, directors, key employees. | $20,911 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,803 |
| Information technology | $21,657 |
| Royalties | $0 |
| Occupancy | $45,000 |
| Travel | $8,597 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,978 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $31,202 |
| All other expenses | $4,622 |
| Total functional expenses | $994,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,658 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $205,565 |
| Total assets | $398,223 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $63,375 |
| Total liabilities | $63,375 |
| Net assets without donor restrictions | $334,848 |
| 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 | $398,223 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Love Coalition Ministries has recieved totaling $23,600.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $11,800 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $11,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Expected End Ministries Maricopa, AZ | $2,131,647 | $1,649,957 |
Enduring Word Santa Barbara, CA | $313,462 | $885,173 |
The Asian Classics Input Project Inc Sedona, AZ | $4,348,615 | $2,309,349 |
Berean Call Bend, OR | $563,131 | $1,079,282 |
Love Coalition Ministries Studio City, CA | $398,223 | $1,080,272 |
Chalcedon Inc Vallecito, CA | $1,439,356 | $1,119,055 |
Evangelical Christian Publishers Association Inc Tempe, AZ | $457,551 | $733,465 |
Narrative Magazine Inc San Francisco, CA | $755,283 | $861,468 |
Words Of Comfort Hope And Promise San Clemente, CA | $154,557 | $595,005 |
Calvary Chapel Magazine Reno, NV | $113,774 | $491,697 |
Family Keepers Inc Walnut, CA | $3,014,010 | $713,118 |
Eidos Christian Center Foothill Ranch, CA | $214,204 | $424,591 |