Love Inc Of South Albuquerque in Albuquerque, New Mexico (NM)
Table of contents:
| Love Inc Of South Albuquerque | |
| Employer Identification Number (EIN) | 850476239 |
| Name of Organization | Love Inc Of South Albuquerque |
| Address | 8011 Central Ave Ne, Albuquerque, NM 87108-2246 |
| Subsection | Charitable Organization |
| Ruling Date | 11/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $10,000 to $24,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $24,379 |
| Amount of Income | $142,703 |
| Form 990 Revenue Amount | $140,337 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Professional Societies, Associations |
Non-representatives - add comments:
Amount of income in 2014: $142,703 (it was $150,521 in 2013)
| Love Inc Of South Albuquerque: | $142,703 |
| Other organizations performing similar types of work: | $63,829 |
Assets in 2014: $24,379 (it was $35,247 in 2013)
| Love Inc Of South Albuquerque: | $24,379 |
| Other organizations performing similar types of work: | $24,379 |
Expenses in 2013: $154,108
| Love Inc Of South Albuquerque: | $154,108 |
| Other organizations performing similar types of work: | $65,986 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 67.8%
| Love Inc Of South Albuquerque: | 67.8% |
| Other organizations performing similar types of work: | 99.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $160,639 | $150,521 |
| Contributions, gifts, grants, and similar amounts received | $148,430 | $102,035 |
| Program service revenue including government fees and contracts | $910 | $2,355 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $52 | $0 |
| Gain/Loss from sale of assets other than inventory | $-1,998 | $0 |
| Net income/loss from gaming and fundraising events | $5,381 | $12,350 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $10,542 | $12,350 |
| Less: direct expenses from gaming and fundraising events | $5,161 | $0 |
| Gross profit/loss from sales of inventory | $7,557 | $32,121 |
| Gross sales of inventory, less returns and allowances | $39,456 | $33,398 |
| Less: cost of goods sold | $31,899 | $1,277 |
| Other revenue | $307 | $1,660 |
| Total expenses | $197,594 | $154,108 |
| Total net assets | $37,394 | $33,807 |
| Excess/Deficit for the year | $-36,955 | $-3,587 |
| Net assets or fund balances at beginning of year | $74,349 | $37,394 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $37,394 | $33,807 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $39,895 | $35,247 |
| Total liabilities | $2,501 | $1,440 |
| Net assets or fund balances | $37,394 | $33,807 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $825,662 |
| Subtotal | $825,662 |
| Gifts, grants, contributions, and membership fees received | $722,045 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $49,763 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $53,854 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $825,662 |
| Public support | $825,662 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Pet-A-Bulls Inc in Albuquerque, NM |
Indian Moon Neighborhood Association in Albuquerque, NM
 |
City Of Refuge Foundation in Albuquerque, NM
 |
|
Barelas Resident Council in Albuquerque, NM
|
|
Johnny O Perea Foundation For Asbestos Education & Relief, Johnny O Perea Foundation Jopf in Albuquerque, NM
|
|
Knights Of Columbus in Albuquerque, NM
|
| Heaven Bound Ministries in Albuquerque, NM |
Ruidoso Downs Racetrack Chaplaincy, Race Track Chapel in Ruidoso Downs, NM
 |
|
Kinteel Residential Campus Inc, Aztec Dormitory Inc in Aztec, NM
|
|
San Juan Fly Fishing Federation in Farmington, NM
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | A Partners, Antioch Partners | 11612 Memorial Dr, Houston, TX 77024-7207 | TX | 2009-04 | $1,887,011 |
| 2 | Biblical Mennonite Alliance Inc | 63645 Hidden Ridge Ct, Goshen, IN 46528-7559 | IN | 2013-01 | $1,760,512 |
| 3 | The Catholic Association Foundation | Po Box 3141, Manassas, VA 20108 | VA | 2005-12 | $718,000 |
| 4 | Elsie K Powell House Inc | 524 Pitt Hall Rd, Old Chatham, NY 12136-3410 | NY | 2012-09 | $682,200 |
| 5 | Sharing Hope Ministry Inc | PO BOX 7160, Amarillo, TX 79114-7160 | TX | 2002-03 | $674,378 |
| 6 | Ipae Faith And Community Action Network Inc | 283 East 14th Street, Chicago Heights, IL 60411 | IL | 2002-10 | $433,013 |
| 7 | Tree Of Life Ministries Of Orlando Inc | 4942 Center Ln, Orlando, FL 32808-2602 | FL | 2004-10 | $432,919 |
| 8 | Metropolitan Congregations United For St Louis | 4501 Westminster Pl, Saint Louis, MO 63108-1801 | MO | 1999-08 | $396,765 |
| 9 | Teen Flow | PO BOX 733, Midland, TX 79702-0733 | TX | 2002-06 | $360,126 |
| 10 | World Apostolic Missions Inc | 2261 Brookhollow Plaza Dr Ste 210, Arlington, TX 76006-7430 | TX | 2002-03 | $253,368 |
| 11 | Oasis Appliance Inc | 932 N Sixth Street, Memphis, TN 38107 | TN | 2010-09 | $240,200 |
| 12 | The Society Of Christian Ethics | 227 27th Ave N, Saint Cloud, MN 56303-4240 | MN | 2007-01 | $213,586 |
| 13 | Integral Yoga Of Princeton Inc | 613 Ridge Rd Ste 110, Monmouth Jct, NJ 08852-2650 | NJ | 2009-01 | $167,439 |
| 14 | Vickery Meadow Ministry | PO BOX 671127, Dallas, TX 75367-1127 | TX | 2004-11 | $146,373 |
| 15 | Love Inc Of South Albuquerque | 8011 Central Ave Ne, Albuquerque, NM 87108-2246 | NM | 2001-11 | $142,703 |
| 16 | Turning Leaf Counseling And Educating Services Inc | PO BOX 12, Lexington, TN 38351-0012 | TN | 2003-07 | $139,938 |
| 17 | Commissioned By Christ | Po Box 431, Fairfax, VA 22038 | VA | 2009-04 | $135,931 |
| 18 | Journey In Christ Inc | 655 Fairview Road Suite H-188, Simpsonville, SC 29680-7500 | SC | 2008-10 | $128,929 |
| 19 | Albuquerque Police Department Chaplain Unit Fund Inc | 400 Roma Nw, Albuquerque, NM 87102 | NM | 2013-02 | $88,970 |
| 20 | Js Heaven, Js | 1744 Ira Dr Ne, Rio Rancho, NM 87144-5447 | NM | 2015-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 484 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Love Inc Of South Albuquerque »
Non-representatives - add comments about Love Inc Of South Albuquerque»