Love Inc Of Mid Delmarva Inc
- Assets
- $1.4m
- Revenue
- $594.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Seaford, DE
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 51-0583444
Organization Overview
Love Inc Of Mid Delmarva Inc is located in Seaford, DE. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Love Inc Of Mid Delmarva Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of Mid Delmarva 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 Mid Delmarva Inc generated $594.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $398.6k during the year ending 12/2021. While expenses have increased by 33.6% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE AND COORDINATE CHURCHES IN THE MID-DELMARVA COMMUNITY TO RESPOND TO INDIVIDUAL, FAMILY AND PROJECT NEEDS IN THE NAME OF CHRIST. TO FASHION A COOPERATIVE HELPING RELATIONSHIP BETWEEN AREA AGENCIES AND CHURCHES, GENERATE UNTAPPED CHURCH RESOURCES TO MEET COMMUNITY NEEDS, DEVELOP A CLEARINGHOUSE TO SCREEN NEEDS, USE COMMUNITY RESOURCES, AND, AS IT MATURES, OTHER INITIATIVES NECESSARY TO MEET NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE AND COORDINATE CHURCHES, VOLUNTEERS, AND AGENCIES OF THE MID- DELMARVA COMMUNITY TO RESPOND TO INDIVIDUAL, FAMILY, AND COMMUNITY NEEDS AND CRISIS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Vanaman Advisory For | Trustee | 30 | $30,000 |
Sherry Norman Secretary | Trustee | 3 | $0 |
Louis Owens Board Member | Trustee | 2 | $0 |
David Baugh Board Member | Trustee | 2 | $0 |
Audrey Sharp Board Member | Trustee | 2 | $0 |
Miguel Alban Guerrero Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $253,144 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,150 |
| Total Program Service Revenue | $0 |
| 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 | $594,150 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,565 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,624 |
| Fees for services: Management | $39,264 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24 |
| Advertising and promotion | $240 |
| Office expenses | $13,332 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,734 |
| Travel | $1,631 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,388 |
| Insurance | $9,208 |
| All other expenses | $2,974 |
| Total functional expenses | $398,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,279 |
| 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 | $873,630 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,423,909 |
| 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 | $128 |
| Total liabilities | $128 |
| Net assets without donor restrictions | $1,423,781 |
| 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 | $1,423,909 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Love Inc Of Mid Delmarva Inc has recieved totaling $78,025.
| Awarding Organization | Amount |
|---|---|
Welfare Foundation Inc Wilmington, DE PURPOSE: SUSSEX CTY CENTRALIZED DISTRIBUTION CTR | $40,000 |
First State Community Action Agency Inc Georgetown, DE PURPOSE: COMPREHENSIVE CASE MANAGEMENT TO WORK WITH RECIPIENTS TO ATTAIN SELF SUFFICIENCY INCLUDING EDUCATION, EMPLOYMENT, HOUSING, TRANSPORTATION, INCREASING CURRENT WAGES, AND REDUCING GOVERNMENT SUBSIDIES. | $37,842 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Strategic Resource Group Inc Easton, MD | $12,208,514 | $28,797,480 |
Word Among Us Inc Frederick, MD | $22,622,798 | $15,315,908 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
Sat-7 North America Easton, MD | $8,795,990 | $14,809,049 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |