Struggle Of Love Foundation
- Assets
- $481.1k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 26
- Location
- Denver, CO
- Founding
- 07/2008
- Data as of
- 12/2022
- EIN
- 84-1566888
Organization Overview
Struggle Of Love Foundation is located in Denver, CO. The organization was established in 2008. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Struggle Of Love Foundation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Struggle Of Love Foundation 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, Struggle Of Love Foundation generated $1.0m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 85.7% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STRUGGLE OF LOVE FOUNDATION (SOLF) IS A 501(C)(3) COLORADO-BASED ORGANIZATION THAT PROVIDES OPPORTUNITIES FOR UNDERPRIVILEGED YOUTH AND/OR FAMILIES TO ACCESS YEAR-ROUND SERVICES AND PROGRAMS. THESE PROGRAMS OFFER ALTERNATIVES TO THOSE THAT MAY NOT QUALIFY FOR OTHER COMMUNITY-BASED ASSISTANCE PROGRAMS. SINCE ITS CONCEPTION, SOLF HAS ASSISTED THOUSAND OF FAMILIES THROUGH THEIR COMMUNITY OUTREACH EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRUGGLE OF LOVE INCLUDES PROGRAMS FOR COMMUNITY FOOD PANTRY, MENTAL HEATH, AND A YEAR-ROUND SPORTS AND MENTORING.
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 |
|---|---|---|---|
Lakeshia Hodge Executive Dir. | Trustee | 45 | $107,617 |
Joel Hodge Foundation Mgr. | Trustee | 45 | $83,750 |
Dini Hodge Foundation Mgr. | Officer | 45 | $46,862 |
Jason Mcbride Trustee | Officer | 45 | $44,753 |
Essance Brown Director | Officer | 45 | $34,736 |
Toni Shelton Chairman | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $278,450 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $385,610 |
| Total Program Service Revenue | $637,497 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,023,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $236,232 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,718 |
| Compensation of current officers, directors, key employees. | $317,718 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,047 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,499 |
| Travel | $8,037 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $43,922 |
| All other expenses | $11,416 |
| Total functional expenses | $1,096,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,719 |
| Savings and temporary cash investments | $236,415 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $481,134 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $481,134 |
| Total liabilities and net assets/fund balances | $481,134 |