Spread The Love Foundation Inc is located in Bellmawr, NJ. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spread The Love 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 12/2020, Spread The Love Foundation Inc generated $14.2k 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 (33.2%) each year. All expenses for the organization totaled $14.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (41.0%) 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
2020
Describe the Organization's Program Activity:
Part 3
FUNDS ARE RAISED FOR HIGH SCHOOL SYMPOSIUMS, MIDDLE SCHOOLASSEMBLIES AND ELEMENTARY SCHOOL ACTIVITIES AND LESSON PLANS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Coburn Director | 20 | $0 | |
Christine Miller President | 20 | $0 | |
Bob Miller Treasurer | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,943 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,284 |
| Other Revenue | $0 |
| Total Revenue | $14,227 |
| 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 | $9,374 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,038 |
| Total expenses | $14,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $6,532 |
| Net assets or fund balances | -$6,532 |