I Love U Guys Foundation
I Love U Guys Foundation shows strong financial growth and zero executive compensation.
EIN: 205653583 · Placitas, NM · NTEE: P62 · Updated: 2026-03-28
About I Love U Guys Foundation
I Love U Guys Foundation (EIN: 205653583) is a nonprofit organization based in Placitas, NM, classified under NTEE code P62. The organization reported total revenue of $3.0M and total assets of $906K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I Love U Guys Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates I Love U Guys Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, I Love U Guys Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for an organization of its size with growing revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for I Love U Guys Foundation:
- Consistent revenue growth, increasing from $469,879 in 2020 to $2,713,346 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Healthy asset growth, with assets nearly tripling from $335,744 in 2019 to $992,212 in 2023.
- Positive net income in most recent years (e.g., $72,177 surplus in 2023).
- Strong financial health with manageable liabilities relative to assets.
Frequently Asked Questions about I Love U Guys Foundation
Is I Love U Guys Foundation a good charity?
Based on the provided financial data, the I Love U Guys Foundation appears to be a very good charity. It demonstrates strong financial growth, maintains a healthy asset-to-liability ratio, and notably reports 0% officer compensation, indicating a high dedication to its mission.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, increasing from $469,879 in 2020 to $2,713,346 in 2023, showcasing substantial expansion and donor support.
What is the organization's financial stability?
The I Love U Guys Foundation exhibits strong financial stability, with assets consistently growing (e.g., from $398,555 in 2020 to $992,212 in 2023) and liabilities remaining manageable relative to assets.
Filing History
IRS 990 filing history for I Love U Guys Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), I Love U Guys Foundation's revenue has grown by 6003.4%, moving from $44K to $2.7M. Total assets increased by 393% over the same period, from $201K to $992K. Total functional expenses rose by 9100.8%, from $29K to $2.6M. In its most recent filing year (2023), I Love U Guys Foundation reported a surplus of $72K, with revenue exceeding expenses. The organization holds $334K in liabilities against $992K in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $658K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.6M | $992K | $334K | — | — |
| 2022 | $1.7M | $1.4M | $913K | $342K | — | View 990 |
| 2021 | $722K | $662K | $658K | $358K | — | View 990 |
| 2020 | $470K | $565K | $399K | $158K | — | — |
| 2019 | $754K | $658K | $336K | $379 | — | View 990 |
| 2018 | $517K | $431K | $282K | $29K | — | View 990 |
| 2017 | $300K | $321K | $168K | $577 | — | — |
| 2016 | $258K | $300K | $188K | $0 | — | View 990 |
| 2015 | $229K | $171K | $209K | $0 | — | View 990 |
| 2014 | $208K | $196K | $179K | $0 | — | View 990 |
| 2013 | $97K | $127K | $184K | $25K | — | View 990 |
| 2012 | $106K | $118K | $193K | $3K | — | View 990 |
| 2011 | $44K | $29K | $201K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.6M, and assets of $992K (revenue +60.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $913K (revenue +134.5% year-over-year).
- 2021: Revenue of $722K, expenses of $662K, and assets of $658K (revenue +53.7% year-over-year).
- 2020: Revenue of $470K, expenses of $565K, and assets of $399K (revenue -37.7% year-over-year).
- 2019: Revenue of $754K, expenses of $658K, and assets of $336K (revenue +45.8% year-over-year).
- 2018: Revenue of $517K, expenses of $431K, and assets of $282K (revenue +72.3% year-over-year).
- 2017: Revenue of $300K, expenses of $321K, and assets of $168K (revenue +16.6% year-over-year).
- 2016: Revenue of $258K, expenses of $300K, and assets of $188K (revenue +12.6% year-over-year).
- 2015: Revenue of $229K, expenses of $171K, and assets of $209K (revenue +10.1% year-over-year).
- 2014: Revenue of $208K, expenses of $196K, and assets of $179K (revenue +114.9% year-over-year).
- 2013: Revenue of $97K, expenses of $127K, and assets of $184K (revenue -8.5% year-over-year).
- 2012: Revenue of $106K, expenses of $118K, and assets of $193K (revenue +137.7% year-over-year).
- 2011: Revenue of $44K, expenses of $29K, and assets of $201K.
Data Sources and Methodology
This transparency report for I Love U Guys Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.