Loving Arms Community Foundation Inc is located in Rialto, CA. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loving Arms Community Foundation 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, Loving Arms Community Foundation Inc generated $19.8k 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 (7.5%) each year. All expenses for the organization totaled $19.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 2 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPLIES FOR YOUTH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yolanda Hill President | 30 | $0 | |
Twanii Sanders-Jackson Secretary | 20 | $0 | |
Viola Butler Treasurer | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,551 |
| Total Program Service Revenue | $7,270 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,821 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,351 |
| Professional fees and other payments to independent contractors | $408 |
| Occupancy, rent, utilities, and maintenance | $4,483 |
| Printing, publications, postage, and shipping | $509 |
| Other expenses | $4,816 |
| Total expenses | $19,567 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,240 |
| Other assets | $0 |
| Total assets | $1,240 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,240 |