Totals
- Total revenue
- $451,515
- Total expenses
- $552,829
- Contributions and grants received
- $285,392
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $8,285
- Other revenue
- $157,838
- Total assets, end of year
- $318,808
- Total liabilities, end of year
- $24,918
- Net assets or fund balances, end of year
- $293,890
- Program services expenses (Part IX)
- $327,925
- Management and general expenses
- $219,163
- Fundraising expenses
- $5,741
- Program service expenses (Part III)
- $327,925
Program services were 59.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$285,392
-
3 · Investment income
total $8,285 · related or exempt $8,085
-
8a · Fundraising events: gross income
$197,915
-
8b · Fundraising events: direct expenses
$115,401
-
8c · Net income from fundraising events
total $82,514
-
11a · Other revenue: Other Income
total $187 · related or exempt $187
-
11b · Other revenue: ERC
total $75,137 · related or exempt $75,137
-
11e · Other revenue, total
$75,324
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $237,247 · program services $131,370 · management and general $105,877
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $6,249 · management and general $6,249
-
10 · Payroll taxes
total $18,351 · program services $10,007 · management and general $8,344
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $17,776 · management and general $17,776
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,782 · program services $1,619 · management and general $3,163
-
13 · Office expenses
total $11,881 · program services $215 · management and general $11,666
-
14 · Information technology
total $7,476 · management and general $7,476
-
15 · Royalties
total $0
-
16 · Occupancy
total $34,279 · program services $367 · management and general $33,912
-
17 · Travel
total $2,152 · program services $7 · management and general $2,145
-
18 · Travel or entertainment for public officials
total $465 · management and general $465
-
19 · Conferences, conventions and meetings
total $1,667 · program services $98 · management and general $1,569
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $12,914 · management and general $12,914
-
24a · Other expenses: Program Services
total $187,827 · program services $184,236 · management and general $2,191 · fundraising $1,400
-
24b · Other expenses: Fundraising Expense
total $965 · fundraising $965
-
24c · Other expenses: Postage, Printing and Coping
total $5,292 · management and general $1,916 · fundraising $3,376
-
24d · Other expenses: Background Checks
total $2,155 · management and general $2,155
-
24e · All other expenses
total $1,351 · program services $6 · management and general $1,345
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $238,950 · end of year $318,808
-
2 · Savings and temporary cash investments
beginning of year $177,720
-
17 · Accounts payable and accrued expenses
beginning of year $21,466 · end of year $24,918
-
27 · Net assets without donor restrictions
beginning of year $313,409 · end of year $293,890
-
28 · Net assets with donor restrictions
beginning of year $81,795
Mission and programs · 2023
Mission
Love Fosters Hope is a Texas based Non-Profit Organization with many facets but one purpose To impact the lives of children and teens in foster care who have been abused, neglected or abandoned.
-
Summer Camps Love Fosters Hope host 4 summer camps for ages 7-19 that are uniquely designed to serve children and teens in foster care who have been abused, abandoned, and neglected. Volunteers are trauma trained and our goal is to create a healing enviroment where every child leaves camp knowing they are significant, valued, and they have hope. Kids are experiencing fun creating positive memories.
-
Residential Treatment Center Outreach - We visit teens in foster care who live in Residential Treatment Centers RTCs. We pray, do lessons on various topics, and incorporating bible verses. we also encourage them, provide meals, organize fun activities like arts and craft projects, play games, help with goal setting and much more. Camper Reunions - Foster kids teens who have attended camps, and mentors and or volunteers reconnect on various occasions throughout the year for fun enrichment activities. These reunions help foster trust and long lasting relationships The Net - We provide practical support and basic resources to young adults who have aged out of foster care and are in need of emergency assistance.
Expenses $327,925
As filed on the 2023 return.
Listed in Part VII
-
Andy Baker
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Collin Gallagher
Member
- Total calculated
- $0
- Hours/week
- 2
-
Mitch Hall
Member
- Total calculated
- $0
- Hours/week
- 2
-
Casey Heathcott
Member
- Total calculated
- $0
- Hours/week
- 2
-
Meshonda Womble
Member
- Total calculated
- $0
- Hours/week
- 2
-
Aron Tipton
Member
- Total calculated
- $0
- Hours/week
- 2
-
Michael Goodwin
Member
- Total calculated
- $0
- Hours/week
- 2
-
Bill Lawrence
Member
- Total calculated
- $0
- Hours/week
- 2
-
Susan Watkins
Chariman
- Total calculated
- $0
- Hours/week
- 2
-
Monica Lawrence
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Janet Deleon
Executive Director
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530279349301458
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