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← LOVE 4 ONE ANOTHER CHARITIES

Form 990 for tax year 2023

Filed by LOVE 4 ONE ANOTHER CHARITIES.

Totals

Total revenue
$275,303
Total expenses
$455,237
Contributions and grants received
$4,336
Grants paid
$109,617
Program service revenue
$0
Investment income
$269,390
Other revenue
$1,577
Total assets, end of year
$8,534,772
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$8,534,772
Program services expenses (Part IX)
$118,997
Management and general expenses
$336,240
Fundraising expenses
$0
Program service expenses (Part III)
$118,997

Program services were 26.1% 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

    $4,336

  • 3 · Investment income

    total $269,390 · excluded $269,390

  • 10a · Gross sales of inventory

    $13,952

  • 10b · Cost of goods sold

    $12,388

  • 10c · Net income from sales of inventory

    total $1,564 · unrelated business $1,564

  • 11a · Other revenue: PASSTHROUGH INVESTMENT

    total $13 · excluded $13

  • 11e · Other revenue, total

    $13

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $109,617 · program services $109,617

  • 5 · Compensation of officers, directors and key employees

    total $231,250 · management and general $231,250

  • 11b · Fees: legal

    total $20,728 · management and general $20,728

  • 11g · Fees: other

    total $32,140 · management and general $32,140

  • 12 · Advertising and promotion

    total $22,466 · management and general $22,466

  • 13 · Office expenses

    total $1,135 · management and general $1,135

  • 17 · Travel

    total $6,030 · program services $6,030

  • 19 · Conferences, conventions and meetings

    total $3,350 · program services $3,350

  • 20 · Interest

    total $89 · management and general $89

  • 24a · Other expenses: PASSTHROUGH INVESTMENT

    total $21,084 · management and general $21,084

  • 24b · Other expenses: FOREIGN TAXES

    total $4,320 · management and general $4,320

  • 24c · Other expenses: WEBSITE/COMPUTER

    total $1,450 · management and general $1,450

  • 24d · Other expenses: BANK CHARGES

    total $568 · management and general $568

  • 24e · All other expenses

    total $1,010 · management and general $1,010

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17 · end of year $496

  • 2 · Savings and temporary cash investments

    beginning of year $8,714,689 · end of year $1,524,218

  • 11 · Investments: publicly traded securities

    end of year $6,309,114

  • 12 · Investments: other securities

    end of year $700,833

  • 15 · Other assets

    beginning of year $0 · end of year $111

  • 27 · Net assets without donor restrictions

    beginning of year $8,714,706 · end of year $8,534,772

Mission and programs · 2023

Mission

ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES HELPING PEOPLE UP AND HELPING PEOPLE OUT. OUR AIM IS TO DRIVE BETTER OUTCOMES FOR HUMANITY THROUGH COMMUNITY SUPPORT BY DEVELOPING AND FUNDING CHARITABLE CAUSES AND INDIVIDUAL EFFORTS THAT ARE ALIGNED TO THE CORE VALUES OF THE FOUNDATION, AIMED TO INSPIRE, MAKE A POSITIVE IMPACT ON SOCIETY, AND ULTIMATELY CREATE MORE CARING COMMUNITIES.

  • PROVIDE GRANTS TO PROMOTE MUSIC AND ARTS PROGRAMS

    Expenses $118,997 · Grants $109,617 · Revenue $4,336

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mayte Garcia

    PRESIDENT/DIRECTOR

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • Kirk Johnson

    VICE PRESIDENT/TREASURER/DIRECTOR

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    25

  • Gilbert Davison

    EXECUTIVE DIRECTOR

    Total calculated
    $81,250
    From this org
    $81,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    25

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349318176

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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