LOVE INC OF ALBUQUERQUE Charity Report

Public IRS 990 nonprofit record

LOVE INC OF ALBUQUERQUE

EIN 85-0476239 · Health and Personal Care Retailers

What they do

LOVE INC of ALBUQUERQUE CONNECTS CHURCHES and COMMUNITY. THERE ARE MANY INDIVIDUALS and FAMILIES IN NEED of HELP and IT CAN BE VERY CONFUSING to FIND APPROPRIATE RESOURCES. LOVE INC UTILIZES A HELP LINE WHERE PEOPLE CAN CALL ONE PHONE NUMBER and GET CONNECTED to MULTIPLE RESOURCES. THROUGH A UNIQUE PROCESS THAT INCLUDES A HOME VISIT to MAKE SURE NEEDS ARE LEGITIMATE, LOVE INC HELPED OVER 750 INDIVIDUALS and FAMILIES LAST YEAR. LOVE INC ALSO IDENTIFIED AREAS WHERE RESOURCES ARE NOT AVAILABLE. THIS is IDENTIFIED AS A GAP IN OUR COMMUNITY and LOVE INC MOBILIZES LOCAL CHURCHES to FILL THESE GAPS. HOME REPAIR, AUTO REPAIR, and MONEY MANAGEMENT SERVICES for LOW INCOMES FAMILIES BECAME AVAILABLE for THOSE IN NEED. COMMUNITY CHURCHES ARE WORKING TOGETHER THROUGH LOVE INC of ALBUQUERQUE to REDUCE DUPLICATION of SERVICES and to PROVIDE ADDITIONAL RESOURCES to HELP PEOPLE IN THE ALBUQUERQUE AREA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.50 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 2017The 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 leaders9 people are listed in the latest report.

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

Money made simple

78.46%of revenue went to mission work67.5% of expenses · Program services

$116.19spent for every $100 of revenueSpending was higher than revenue this year.

81.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $19,490 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $35,000 for BIRGA ALDEN (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

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 2017

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.

$100revenue

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$120,383

Mission workProgram services$94,44978.46% of revenue67.5% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$139,873116.19% of revenue

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

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2017CurrentExpense mix: 67.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 116.19% of revenue

2016Expense mix: 78.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 93.17% of revenue

2015Expense mix: 76.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 104.28% of revenue

Money in and money out

Revenue$120,383

Expenses$139,873

Annual shortfall $19,490 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)$94,449 · 67.5% of expenses

See all reported dollar amounts

Revenue$120,383

Expenses$139,873

Income$133,854

Contributions$97,609

Mission work (program services)$94,449

People

Leadership and board

Tax year 2017

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

People reported as paid

Person and titleCompensation

BIRGA ALDENEXECUTIVE DI · 40 hrs/week $35,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

BIRGA ALDENEXECUTIVE DI

CAROL COLECHAIR

LAUREN RATLIFFDIRECTOR

LOUIS ROSEDIRECTOR

RICK WHITEDIRECTOR

ROBIN TROYVICE CHAIR

STEVEN DENNINGTREASURER

TOMMY WOODALLDIRECTOR

YVONNE LARASECRETARY

About this charity

Location: 8001 MOUNTAIN RD PLACE NE, ALBUQUERQUE, NM 87110
County: Bernalillo
In care of: BIRGA ALDEN
Primary officer: BIRGA ALDEN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(505) 255-5683

Filing and classification

Latest tax year: 2017
Tax period began: October 1, 2017
Return type: 990EZ
Tax preparer: MOYE WATERS AND ASSOCIATES
IRS tax category: Health and Personal Care Retailers