Lots Of Love Nfp
EIN: 270918026 · Chicago, IL · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $642K |
| Total Expenses | $237K |
| Net Assets | $685K |
Is Lots Of Love Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lots Of Love Nfp
Lots Of Love Nfp (EIN: 270918026) is a nonprofit organization based in Chicago, IL, classified under NTEE code B21. The organization reported total revenue of $642K and total assets of $693K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lots Of Love Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lots Of Love Nfp is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $273K |
| Total Expenses | $237K |
| Surplus / Deficit | +$37K |
| Total Assets | $769K |
| Total Liabilities | $84K |
| Net Assets | $685K |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 39.0 months |
Financial Health Grade: A
In 2023, Lots Of Love Nfp reported a surplus of $37K with revenue exceeding expenses, holds 39.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lots Of Love Nfp's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.4% | -69.8% | +9.3% |
| 2022 | +49.0% | +27.3% | -13.6% |
| 2021 | -24.6% | -11.1% | -5.6% |
| 2020 | +6.9% | -6.3% | -5.5% |
| 2019 | -6.4% | +8.1% | -8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lots Of Love Nfp 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 Lots Of Love Nfp 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 surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Lots Of Love Nfp
Is Lots Of Love Nfp a legitimate charity?
Lots Of Love Nfp (EIN: 270918026) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $642K. No red flags identified. Financial health grade: A.
How does Lots Of Love Nfp spend its money?
Lots Of Love Nfp reported $642K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lots Of Love Nfp tax-deductible?
Lots Of Love Nfp is registered as a tax-exempt nonprofit (EIN: 270918026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lots Of Love Nfp located?
Lots Of Love Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 270918026. It is classified under NTEE code B21.
How many years of IRS 990 filings does Lots Of Love Nfp have?
Lots Of Love Nfp 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 $642K in total revenue.
Filing History
IRS 990 filing history for Lots Of Love Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lots Of Love Nfp's revenue has declined by 57.8%, moving from $647K to $273K. Total assets increased by 101.8% over the same period, from $381K to $769K. Total functional expenses fell by 42.2%, from $409K to $237K. In its most recent filing year (2023), Lots Of Love Nfp reported a surplus of $37K, with revenue exceeding expenses. The organization holds $84K in liabilities against $769K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $685K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $273K | $237K | $769K | $84K | — | — |
| 2022 | $838K | $784K | $704K | $12K | — | View 990 |
| 2021 | $563K | $616K | $814K | $40K | — | View 990 |
| 2020 | $746K | $693K | $863K | $46K | — | View 990 |
| 2019 | $697K | $739K | $913K | $149K | — | View 990 |
| 2018 | $745K | $684K | $995K | $190K | — | View 990 |
| 2017 | $666K | $737K | $1.0M | $288K | — | View 990 |
| 2016 | $630K | $678K | $1.0M | $232K | — | View 990 |
| 2015 | $575K | $620K | $1.1M | $219K | — | View 990 |
| 2014 | $823K | $614K | $1.2M | $272K | — | View 990 |
| 2013 | $724K | $692K | $798K | $370K | — | View 990 |
| 2012 | $773K | $759K | $766K | $370K | — | View 990 |
| 2011 | $647K | $409K | $381K | $-457 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $273K, expenses of $237K, and assets of $769K (revenue -67.4% year-over-year).
- 2022: Revenue of $838K, expenses of $784K, and assets of $704K (revenue +49.0% year-over-year).
- 2021: Revenue of $563K, expenses of $616K, and assets of $814K (revenue -24.6% year-over-year).
- 2020: Revenue of $746K, expenses of $693K, and assets of $863K (revenue +6.9% year-over-year).
- 2019: Revenue of $697K, expenses of $739K, and assets of $913K (revenue -6.4% year-over-year).
- 2018: Revenue of $745K, expenses of $684K, and assets of $995K (revenue +11.8% year-over-year).
- 2017: Revenue of $666K, expenses of $737K, and assets of $1.0M (revenue +5.8% year-over-year).
- 2016: Revenue of $630K, expenses of $678K, and assets of $1.0M (revenue +9.5% year-over-year).
- 2015: Revenue of $575K, expenses of $620K, and assets of $1.1M (revenue -30.1% year-over-year).
- 2014: Revenue of $823K, expenses of $614K, and assets of $1.2M (revenue +13.6% year-over-year).
- 2013: Revenue of $724K, expenses of $692K, and assets of $798K (revenue -6.3% year-over-year).
- 2012: Revenue of $773K, expenses of $759K, and assets of $766K (revenue +19.4% year-over-year).
- 2011: Revenue of $647K, expenses of $409K, and assets of $381K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lots Of Love Nfp:
Data Sources and Methodology
This transparency report for Lots Of Love Nfp 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.