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Nonprofiteer
← LOVE THY NEIGHBOR TOO

Form 990 for tax year 2023

Filed by LOVE THY NEIGHBOR TOO.

Totals

Total revenue
$13,342,472
Total expenses
$5,592,115
Contributions and grants received
$12,999,000
Grants paid
$5,012,704
Program service revenue
$0
Investment income
$343,472
Other revenue
$0
Total assets, end of year
$33,447,429
Total liabilities, end of year
$35,573
Net assets or fund balances, end of year
$33,411,856
Program services expenses (Part IX)
$5,412,997
Management and general expenses
$179,118
Fundraising expenses
$0
Program service expenses (Part III)
$5,412,997

Program services were 96.8% 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

    $12,999,000

  • 3 · Investment income

    total $380,011 · excluded $380,011

  • 7a · Gross sales of assets other than inventory

    securities $6,284,554 · other assets $45,561

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

    securities $6,366,654 · other assets $0

  • 7c · Gain or loss

    securities -$82,100 · other assets $45,561

  • 7d · Net gain or loss

    total -$36,539 · excluded -$36,539

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,012,704 · program services $5,012,704

  • 11f · Fees: investment management

    total $159,627 · management and general $159,627

  • 11g · Fees: other

    total $241,468 · program services $241,468

  • 13 · Office expenses

    total $6,362 · program services $6,362

  • 14 · Information technology

    total $2,614 · program services $2,364 · management and general $250

  • 17 · Travel

    total $135,404 · program services $135,404

  • 19 · Conferences, conventions and meetings

    total $14,695 · program services $14,695

  • 24a · Other expenses: TAX EXPENSE

    total $19,241 · management and general $19,241

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $118,121 · end of year $55,112

  • 2 · Savings and temporary cash investments

    beginning of year $25,038 · end of year $25,083

  • 4 · Accounts receivable

    beginning of year $100,788 · end of year $110,829

  • 7 · Other notes and loans receivable

    beginning of year $3,248,950 · end of year $3,639,653

  • 11 · Investments: publicly traded securities

    beginning of year $4,401,850 · end of year $14,090,394

  • 12 · Investments: other securities

    beginning of year $13,054,119 · end of year $12,546,358

  • 15 · Other assets

    beginning of year $1,375,000 · end of year $2,980,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,029 · end of year $35,573

  • 27 · Net assets without donor restrictions

    beginning of year $22,302,837 · end of year $33,411,856

Mission and programs · 2023

Mission

PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF") AND IMPACT INVESTING CHARITABLE FOUNDATION, INC. ("IICF").

Activities or mission (Part I)

PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NCCF AND IICF.

  • LOVE THY NEIGHBOR TOO PROVIDED FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF") AND IMPACT INVESTING CHARITABLE FOUNDATION, INC. ("IICF").

    Expenses $5,412,997 · Grants $5,012,704

As filed on the 2023 return.

Listed in Part VII

  • Dana E Ring

    TREASURER/DIRECTOR

    Total calculated
    $249,249
    From this org
    $0
    From related orgs
    $227,735
    Other
    $21,514
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $208,935 related
    Bonus
    $0 + $18,800 related
    Other
    $0
    Deferred
    $0 + $9,800 related
    Nontaxable benefits
    $0 + $11,714 related
    Filer's total
    $0 + $249,249 related

  • Henry Kaestner

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kimberley Kaestner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David H Wills

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Daryl Heald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristen M Lewis

    SECRETARY

    Total calculated
    $207,955
    From this org
    $0
    From related orgs
    $187,444
    Other
    $20,511
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $171,924 related
    Bonus
    $0 + $15,520 related
    Other
    $0
    Deferred
    $0 + $8,209 related
    Nontaxable benefits
    $0 + $12,302 related
    Filer's total
    $0 + $207,955 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • SOVEREIGN'S BRIGHTLIGHT SIDECAR LP

    512 · INVESTMENTS · NC · 77.48% owned · share of income -$38,518 · share of assets $1,814,217

    Directly controlled by SOVEREIGN'S BRIGHTLIGHT SIDECAR LP

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202413199349302831

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