Love Inc Of Yellowstone County
- Assets
- $363.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Billings, MT
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-5084406
Organization Overview
Love Inc Of Yellowstone County, operating under the name Love INC Yellowstone County, is located in Billings, MT. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Love INC Yellowstone County employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love INC Yellowstone County 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 12/2022, Love INC Yellowstone County generated $142.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $124.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST. WE ORGANIZE AND COORDINATE CHURCHES IN YELLOWSTONE COUNTY MONTANA TO RESPOND TO LOCAL NEEDS WITH COMPASSION.
Describe the Organization's Program Activity:
Part 3
THE SLEEP WELL MINISTRY STARTED IN 2018 WHEN LOVE INC RECEIVED 80 NEW QUEEN-SIZED MATTRESSES FROM A STORE. MATTRESSES HAVE BEEN DONATED TO CLIENTS OVER THE PAST THREE YEARS AND SOME ARE STILL IN INVENTORY.
THE HOUSEHOLD GOODS MINISTRY BEGAN IN 2019 WHEN LOVE INC RECEIVED A LARGE DONATION OF GOODS FROM A COMPANY. THIS MINISTRY IS CURRENTLY ADMINISTERED BY A LOVE INC VOLUNTEER AND GOODS ARE DISTRIBUTED TO CLIENTS AFTER THEY GO THROUGH THE CLEARINGHOUSE PROCESS.
THE PACK-A-BAG SUNDRY MINISTRY SUNDRY ITEMS AND CLASS MEMBER INCENTIVES IS ADMINISTERED BY LOVE INC STAFF. THIS MINISTRY BEGAN IN 2020; THE SUNDRY ITEMS ARE GIVEN TO LIFE INC CLASS PARTICIPANTS IN INCENTIVE BAGS AS THEY PARTICIPATE IN LIFE-CHANGING CLASSES.
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 |
|---|---|---|---|
Scott Atwood Board Member | 2 | $0 | |
Bryan Compton Board Member | 1 | $0 | |
Michael Monson Board Member | 1 | $0 | |
Ed Mutch Board Member | 2 | $0 | |
Trenton Thelen Board Member | 2 | $0 | |
Mclaine Heringer Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,053 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $960 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,337 |
| Other Revenue | $0 |
| Total Revenue | $142,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,214 |
| Professional fees and other payments to independent contractors | $4,061 |
| Occupancy, rent, utilities, and maintenance | $15,452 |
| Printing, publications, postage, and shipping | $910 |
| Other expenses | $26,859 |
| Total expenses | $124,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $230,742 |
| Other assets | $0 |
| Total assets | $363,104 |
| Total liabilities | $4,038 |
| Net assets or fund balances | $359,066 |