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Nonprofiteer
← MAXIMUM IMPACT LOVE INC

Form 990 for tax year 2023

Filed by MAXIMUM IMPACT LOVE INC.

Totals

Total revenue
$2,227,526
Total expenses
$2,466,197
Contributions and grants received
$1,827,516
Grants paid
$540,901
Program service revenue
$190,553
Investment income
$56,850
Other revenue
$152,607
Total assets, end of year
$1,044,872
Total liabilities, end of year
$42,701
Net assets or fund balances, end of year
$1,002,171
Program services expenses (Part IX)
$2,466,197
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,466,197

Program services were 100.0% 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.

  • 1c · Fundraising events

    $1,200

  • 1d · Related organizations

    $1,513,450

  • 1f · All other contributions, gifts and grants

    $312,866

  • 2a · Program service revenue: LOVE BOX REVENUE

    total $107,296 · related or exempt $107,296

  • 2b · Program service revenue: OTHER INCOME

    total $83,257 · related or exempt $83,257

  • 3 · Investment income

    total $15,762 · excluded $15,762

  • 7a · Gross sales of assets other than inventory

    securities $401,608

  • 7b · Less cost or other basis and sales expenses

    securities $360,520

  • 7c · Gain or loss

    securities $41,088

  • 7d · Net gain or loss

    total $41,088 · excluded $41,088

  • 8a · Fundraising events: gross income

    $352,461

  • 8a · Fundraising events: contributions included on line 1c

    $1,200

  • 8b · Fundraising events: direct expenses

    $199,854

  • 8c · Net income from fundraising events

    total $152,607 · excluded $152,607

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $329,452 · program services $329,452

  • 2 · Grants to domestic individuals

    total $211,449 · program services $211,449

  • 5 · Compensation of officers, directors and key employees

    total $76,062 · program services $76,062

  • 7 · Other salaries and wages

    total $377,277 · program services $377,277

  • 8 · Pension plan contributions

    total $9,803 · program services $9,803

  • 9 · Other employee benefits

    total $133,943 · program services $133,943

  • 10 · Payroll taxes

    total $40,116 · program services $40,116

  • 11b · Fees: legal

    total $6,018 · program services $6,018

  • 11c · Fees: accounting

    total $86,683 · program services $86,683

  • 11f · Fees: investment management

    total $10,204 · program services $10,204

  • 11g · Fees: other

    total $119,816 · program services $119,816

  • 12 · Advertising and promotion

    total $8,814 · program services $8,814

  • 13 · Office expenses

    total $186,517 · program services $186,517

  • 14 · Information technology

    total $25,609 · program services $25,609

  • 16 · Occupancy

    total $533,406 · program services $533,406

  • 17 · Travel

    total $59,343 · program services $59,343

  • 22 · Depreciation, depletion and amortization

    total $41,734 · program services $41,734

  • 24a · Other expenses: LOVE BOX EXPENSES

    total $209,951 · program services $209,951

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $113,182 · end of year $351,814

  • 2 · Savings and temporary cash investments

    beginning of year $41,777 · end of year $19,441

  • 10a · Land, buildings and equipment: cost or other basis

    $569,931

  • 10b · Land, buildings and equipment: accumulated depreciation

    $470,012

  • 10c · Land, buildings and equipment, net

    beginning of year $141,653 · end of year $99,919

  • 12 · Investments: other securities

    beginning of year $919,084 · end of year $573,698

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,043 · end of year $42,701

  • 27 · Net assets without donor restrictions

    beginning of year $1,209,653 · end of year $1,002,171

Mission and programs · 2023

Mission

WE ARE ON A MISSION TO SHELTER THE POOR, TO FEED THE HUNGRY, TO SEND A CHILD TO SCHOOL, TO SAVE A LIFE, AND TO DO ALL WE CAN TO HELP ONE ANOTHER IN UNITY IN THE NAME OF JESUS.

Activities or mission (Part I)

THE ORGANIZATION ATTEMPTS TO BRING RESIDENTS OF VARIOUS COMMUNITIES IN CONTACT WITH RESOURCES THAT COULD ENABLE THEM TO CHANGE THEIR EVERYDAY LIVES.WE ARE ON A MISSION TO SHELTER THE POOR, TO FEED THE HUNGRY, TO SEND A CHILD TO SCHOOL, TO SAVE A LIFE, AND TO DO ALL WE CAN TO HELP ONE ANOTHER IN UNITY IN THE NAME OF JESUS.

  • ORCHESTRATE EVENTS THAT INCLUDED ANY AND/OR ALL OF THE FOLLOWING OFFERINGS: LIVE MUSIC, A FREE MEAL, A CLOTHING GIVEAWAY, FREE MEDICAL TESTING, FREE DENTAL SCREENINGS, OPPORTUNITIES TO COME OUT OF PROSTITUTION, ADDICTION RECOVERY AND REHABILITATIVE RESOURCES, MINISTRY RESOURCE OPPORTUNITIES INCLUDING PRAYER, FOOD GIVEAWAY PROGRAM, SHOWERS FOR THE HOMELESS, INTRODUCTION TO GOVERNMENT PROGRAMS TO ASSIST WITH HOUSING, NUTRITION, AND OTHER NEEDS FOR THOSE WHO EPITOMIZE THE TRADITIONAL AND FEDERAL DEFINITIONS OF HOMELESS.

    Expenses $2,256,246 · Grants $540,901

  • THE LOVE BOX MINISTRY IS QUICKLY BECOMING A STAPLE FOR OUR MINISTRY. WE HAVE ALREADY FED HUNDREDS WITH THIS OPPORTUNITY, AND WE WANT YOU TO BE ABLE TO HELP YOUR FAMILY AND THOSE IN NEED. WE ARE OFFERING AN OPPORTUNITY FOR A MUCH LARGER IMPACT WITH THE GOSPEL AND BASE OF SUPPORT FOR OUR MIL MINISTRY. MINISTRY PARTNERS, BUSINESSES, CORPORATIONS, AND INDIVIDUALS WILL BE ABLE TO SPONSOR A FAMILY OR MANY FAMILIES IN THIS NEW AND MUCH NEEDED MINISTRY.

    Expenses $209,951 · Revenue $190,553

As filed on the 2023 return.

Listed in Part VII

  • Drew Sewell

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • John R Sewell

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Chad Alvis

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • David Aten

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Robbie Finley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nick Burroughs

    EXECUTIVE DIRECTOR

    Total calculated
    $76,062
    From this org
    $76,062
    From related orgs
    $0
    Other
    $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

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CKS PACKAGING INC

    S · MANUFACTURING · GA

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349313442

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