Powered by CharityEZ

Charity report ready

MEMORIES OF LOVE FOUNDATION INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

MEMORIES OF LOVE FOUNDATION INC

EIN 13-4298184 · Petroleum and Coal Products ManufacturingT

What they do

Memories of Love Foundation Helps Create Joyful, Lasting and Loving Memories for Children of Parents With A Life-threatening Illness. During The Fiscal Year, Memories of Love Sent 80 Families to Orlando, Florida for A Five-day, Fun-filled Memory Trip Far Removed From Mounting Medical Bills, Therapy and Hospital Visits. Memories of Love Provides A Treasured Family Time Where Children With An Ill Parent Can Return Home With A Suitcase Full of Special Memories to Be Unpacked and Relived for Many Years to Come.Pursuant to Form 990-EZ Instructions, The Following Items Were Not Included In Contribution Income: $133,100 Value of Rooms Donated By Hotels $96,700 Value of Tickets Donated By Theme Parks$1,420 Value of AdvertisingContributions of Hotel Rooms and Theme Park Tickets Were Used As Follows:77 Families Received Hotel Rooms79 Families Received Theme Park Tickets

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $96.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

284.55%of revenue went to mission work96.7% of expenses · Program services
$294.15spent for every $100 of revenueSpending was higher than revenue this year.
$0.15in assets for every $1 spent this yearSome assets cannot be spent right away.
101.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $61,238 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$31,542
Mission workProgram services$89,753284.55% of revenue96.7% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$92,780294.15% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$31,542
Expenses$92,780
Annual shortfall $61,238 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$89,753 · 96.7% of expenses
See all reported dollar amounts
Revenue$31,542
Expenses$92,780
Assets$14,230
Income$189,124
Contributions$31,870
Mission work (program services)$89,753
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

AARON GOTTLIEBDIRECTOR

DEBORAH GOTTLIEBDIRECTOR

DIANE AKELDIRECTOR

J MICHAEL DRINKWATERDIR/SEC-TREAS

LINDA LANDWIRTHDIRECTOR

MARK SHORSTEINDIRECTOR

MELVIN GOTTLIEBDIRECTOR/PRES

About this charity

Location
9310 OLD KINGS ROAD S, JACKSONVILLE, FL 32257
County
Duval
In care of
MELVIN GOTTLIEB
Primary officer
MELVIN GOTTLIEB, Director/Pres

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
June 1, 2016
Return type
990EZ
Tax preparer
SHORSTEIN & SHORSTEIN PA
IRS tax category
Petroleum and Coal Products ManufacturingT

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free