Labor Of Love Association
EIN: 721579951 · Columbus, NM · NTEE: P87
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $76K |
| Net Assets | $8K |
Is Labor Of Love Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Labor Of Love Association
Labor Of Love Association (EIN: 721579951) is a nonprofit organization based in Columbus, NM, classified under NTEE code P87. The organization reported total revenue of $31K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Labor Of Love Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Labor Of Love Association is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $76K |
| Surplus / Deficit | $-32,589 |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | -75.6% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Labor Of Love Association reported a deficit of $33K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Labor Of Love Association's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.9% | +33.8% | -80.7% |
| 2022 | -29.9% | -38.1% | -14.9% |
| 2021 | -28.9% | +101.2% | -30.4% |
| 2020 | +21.9% | -32.4% | -16.3% |
| 2019 | +159.1% | +124.5% | +4523.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Labor Of Love Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Labor Of Love Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Frequently Asked Questions about Labor Of Love Association
Is Labor Of Love Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Labor Of Love Association (EIN: 721579951) insufficient data. 0 red flags identified, 0 strengths noted.
How does Labor Of Love Association spend its money?
Detailed spending breakdown data is not yet available for Labor Of Love Association. Check back for updated IRS 990 analysis.
Are donations to Labor Of Love Association tax-deductible?
Labor Of Love Association is registered as a tax-exempt nonprofit (EIN: 721579951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Labor Of Love Association located?
Labor Of Love Association is headquartered in Columbus, New Mexico and files with the IRS under EIN 721579951. It is classified under NTEE code P87.
How many years of IRS 990 filings does Labor Of Love Association have?
Labor Of Love Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $31K in total revenue.
Filing History
IRS 990 filing history for Labor Of Love Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Labor Of Love Association's revenue has grown by 204.7%, moving from $14K to $43K. Total assets increased by 194625% over the same period, from $4 to $8K. Total functional expenses rose by 428.8%, from $14K to $76K. In its most recent filing year (2023), Labor Of Love Association reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $76K | $8K | $0 | — | View 990 |
| 2022 | $49K | $57K | $40K | $0 | — | View 990 |
| 2021 | $71K | $91K | $47K | $0 | — | — |
| 2020 | $99K | $45K | $68K | $0 | — | — |
| 2019 | $82K | $67K | $82K | $65K | — | View 990 |
| 2018 | $31K | $30K | $2K | $0 | — | View 990 |
| 2017 | $47K | $47K | $245 | $0 | — | View 990 |
| 2016 | $17K | $16K | $891 | $0 | — | — |
| 2015 | $14K | $15K | $54 | $0 | — | — |
| 2014 | $14K | $13K | $834 | $0 | — | — |
| 2013 | $17K | $17K | $499 | $0 | — | — |
| 2012 | $10K | $10K | $136 | $0 | — | — |
| 2011 | $14K | $14K | $4 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $76K, and assets of $8K (revenue -12.9% year-over-year).
- 2022: Revenue of $49K, expenses of $57K, and assets of $40K (revenue -29.9% year-over-year).
- 2021: Revenue of $71K, expenses of $91K, and assets of $47K (revenue -28.9% year-over-year).
- 2020: Revenue of $99K, expenses of $45K, and assets of $68K (revenue +21.9% year-over-year).
- 2019: Revenue of $82K, expenses of $67K, and assets of $82K (revenue +159.1% year-over-year).
- 2018: Revenue of $31K, expenses of $30K, and assets of $2K (revenue -32.8% year-over-year).
- 2017: Revenue of $47K, expenses of $47K, and assets of $245 (revenue +178.0% year-over-year).
- 2016: Revenue of $17K, expenses of $16K, and assets of $891 (revenue +20.3% year-over-year).
- 2015: Revenue of $14K, expenses of $15K, and assets of $54 (revenue +2.2% year-over-year).
- 2014: Revenue of $14K, expenses of $13K, and assets of $834 (revenue -21.4% year-over-year).
- 2013: Revenue of $17K, expenses of $17K, and assets of $499 (revenue +71.0% year-over-year).
- 2012: Revenue of $10K, expenses of $10K, and assets of $136 (revenue -28.0% year-over-year).
- 2011: Revenue of $14K, expenses of $14K, and assets of $4.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Labor Of Love Association:
Data Sources and Methodology
This transparency report for Labor Of Love Association 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.