Love In Action
- Assets
- $88.6m
- Revenue
- -$191.9k
- Investments
- $61.3m
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 04/1995
- Data as of
- 07/2023
- EIN
- 84-1285975
Organization Overview
Love In Action is located in Colorado Springs, CO. The organization was established in 1995. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love In Action is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Love In Action has awarded 30 individual grants totaling $31,381,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLABORATIVE CHRISTIAN MINISTRIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leroy Landhuis President | 10 | $0 | |
Dave Cocolin Vice President | 30 | $90,006 | |
S Alan Vancil Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,321,037 |
| Dividends & Interest | $318,772 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,831,698 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$191,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,006 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,977 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,056 |
| Printing and publications | $0 |
| Other expenses | $2,677 |
| Total operating and administrative expenses | $158,984 |
| Contributions, gifts, grants paid | $15,752,500 |
| Total expenses and disbursements | $15,911,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,202 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,000 |
| 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 | $27,250,407 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $88,608,786 |
| 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 | $1,289,210 |
| Total liabilities | $1,289,210 |
Grants Awarded
Over the last fiscal year, Love In Action has awarded $15,752,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DESTINY & DISCERNMENT FUND PURPOSE: TO FUND THE DISTRIBUTION OF CHRISTIAN EDUCATIONAL MATERIALS. | $15,750,000 |
MINISTRY IN THE MARKETPLACE PURPOSE: TO FUND CHRISTIAN EDUCATION MINISTRY | $2,500 |