Gabriel Love Foundation Inc
- Assets
- $146.3k
- Revenue
- $491.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-1596191
Organization Overview
Gabriel Love Foundation Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gabriel 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 12/2022, Gabriel Love Foundation Inc generated $491.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $560.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Jacques Gabrieljack Chairman | 1 | $0 | |
Abdul Ahad Gabrieldominick President | 1 | $0 | |
Berna Gabriel Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $491,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $491,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,670 |
| Contributions, gifts, grants paid | $553,965 |
| Total expenses and disbursements | $560,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,103 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $119,200 |
| Total assets | $146,303 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gabriel Love Foundation Inc has awarded $553,965 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WJA FOUNDATION PURPOSE: SUPPORT | $10,000 |
SAINT EPHREM PATRIARCHAL DEVELOPMENT COMMITTEE PURPOSE: SUPPORT | $452,450 |
BENJAMIN GENERATION PURPOSE: SUPPORT | $18,395 |
JEWELERS FOR CHILDREN PURPOSE: SUPPORT | $55,019 |
THE FIFTH C FOUNDATION PURPOSE: SUPPORT | $18,101 |