Lovin Life Inc
- Assets
- $106.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Victoria, MN
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-0868414
Organization Overview
Lovin Life Inc is located in Victoria, MN. The organization was established in 2016. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Lovin Life 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, Lovin Life Inc generated $79.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $59.7k during the year ending 12/2021. While expenses have increased by 17.4% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zane Black President | 30 | $20,400 | |
Phil Peterson Secretary | 1 | $0 | |
Josh Morris Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,395 |
| Total Program Service Revenue | $44,173 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,241 |
| 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 | $36,098 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,575 |
| Total expenses | $59,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,287 |
| Other assets | $0 |
| Total assets | $106,005 |
| Total liabilities | $14,305 |
| Net assets or fund balances | $91,700 |
Peer Organizations
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|---|---|---|
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Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Faith Lutheran Home Osage, IA | $4,614,532 | $5,533,666 |
Divine Providence Community Home Sleepy Eye, MN | $3,627,339 | $4,817,279 |
Time Of Grace Ministry Milwaukee, WI | $2,034,999 | $5,176,400 |
St Francis Health Services Of Morris Inc Morris, MN | $57,875,580 | $5,381,423 |
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