Love Inc Of Eagle River
Love Inc Of Eagle River consistently directs nearly all spending to programs with no reported officer compensation.
EIN: 203410636 · Eagle River, AK · NTEE: P20 · Updated: 2026-03-28
Is Love Inc Of Eagle River Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Love Inc Of Eagle River directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Love Inc Of Eagle River
Love Inc Of Eagle River (EIN: 203410636) is a nonprofit organization based in Eagle River, AK, classified under NTEE code P20. The organization reported total revenue of $63K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love Inc Of Eagle River's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love Inc Of Eagle River is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $91K |
| Surplus / Deficit | +$578 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 0.6% |
| Months of Reserves | 1.5 months |
Financial Health Grade: A
In 2023, Love Inc Of Eagle River reported a surplus of $578 with revenue exceeding expenses, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Love Inc Of Eagle River's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +2.4% | +5.5% |
| 2022 | +7.6% | +8.3% | +10.8% |
| 2021 | -19.2% | -20.0% | +18.2% |
| 2020 | +42.1% | +25.9% | +9.6% |
| 2019 | +11.3% | +47.5% | -54.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Love Inc Of Eagle River with a Mission Score of 95 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Love Inc Of Eagle River allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $578, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure, which allows a greater proportion of funds to be directed towards its mission.
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 Love Inc Of Eagle River:
- Extremely high program spending ratio (estimated 99%)
- No reported officer compensation, indicating volunteer leadership
- Consistent financial stability with revenues generally exceeding expenses
- Zero reported liabilities in recent filing periods
- Growing asset base relative to organizational size
Frequently Asked Questions about Love Inc Of Eagle River
Is Love Inc Of Eagle River a legitimate charity?
Based on AI analysis of IRS 990 filings, Love Inc Of Eagle River (EIN: 203410636) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Love Inc Of Eagle River spend its money?
Love Inc Of Eagle River directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Love Inc Of Eagle River tax-deductible?
Love Inc Of Eagle River is registered as a tax-exempt nonprofit (EIN: 203410636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Love Inc Of Eagle River a good charity?
Based on its financial data, Love Inc Of Eagle River appears to be a very good charity. It consistently directs nearly all of its expenses to program services, reports no officer compensation, and maintains a stable financial position with growing assets and no liabilities in recent years.
How does Love Inc Of Eagle River manage its administrative costs?
Love Inc Of Eagle River manages its administrative costs exceptionally well, with an estimated 1% of total expenses allocated to administration. This is largely due to its volunteer-driven model, as evidenced by 0% officer compensation reported across all filings.
What is the trend in Love Inc Of Eagle River's revenue and expenses?
Love Inc Of Eagle River's revenue and expenses have shown a generally stable to slightly increasing trend over the past decade, with revenue often slightly exceeding expenses, contributing to asset growth. For instance, revenue grew from $49,838 in 2017 to $91,503 in 2023.
Filing History
IRS 990 filing history for Love Inc Of Eagle River showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Love Inc Of Eagle River's revenue has grown by 102.4%, moving from $45K to $92K. Total assets increased by 19.4% over the same period, from $9K to $11K. Total functional expenses rose by 88%, from $48K to $91K. In its most recent filing year (2023), Love Inc Of Eagle River reported a surplus of $578, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $91K | $11K | $0 | — | — |
| 2022 | $90K | $89K | $11K | $0 | — | — |
| 2021 | $83K | $82K | $9K | $0 | — | — |
| 2020 | $103K | $103K | $8K | $0 | — | View 990 |
| 2019 | $73K | $81K | $7K | $0 | — | View 990 |
| 2018 | $65K | $55K | $16K | $0 | — | View 990 |
| 2017 | $50K | $48K | $6K | $0 | — | — |
| 2016 | $46K | $50K | $4K | $0 | — | View 990 |
| 2015 | $44K | $49K | $8K | $356 | — | View 990 |
| 2014 | $48K | $47K | $13K | $109 | — | View 990 |
| 2013 | $53K | $44K | $13K | $851 | — | View 990 |
| 2012 | $48K | $53K | $4K | $165 | — | View 990 |
| 2011 | $45K | $48K | $9K | $712 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $91K, and assets of $11K (revenue +1.9% year-over-year).
- 2022: Revenue of $90K, expenses of $89K, and assets of $11K (revenue +7.6% year-over-year).
- 2021: Revenue of $83K, expenses of $82K, and assets of $9K (revenue -19.2% year-over-year).
- 2020: Revenue of $103K, expenses of $103K, and assets of $8K (revenue +42.1% year-over-year).
- 2019: Revenue of $73K, expenses of $81K, and assets of $7K (revenue +11.3% year-over-year).
- 2018: Revenue of $65K, expenses of $55K, and assets of $16K (revenue +31.0% year-over-year).
- 2017: Revenue of $50K, expenses of $48K, and assets of $6K (revenue +7.2% year-over-year).
- 2016: Revenue of $46K, expenses of $50K, and assets of $4K (revenue +6.5% year-over-year).
- 2015: Revenue of $44K, expenses of $49K, and assets of $8K (revenue -8.1% year-over-year).
- 2014: Revenue of $48K, expenses of $47K, and assets of $13K (revenue -9.6% year-over-year).
- 2013: Revenue of $53K, expenses of $44K, and assets of $13K (revenue +10.3% year-over-year).
- 2012: Revenue of $48K, expenses of $53K, and assets of $4K (revenue +5.4% year-over-year).
- 2011: Revenue of $45K, expenses of $48K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Love Inc Of Eagle River:
Data Sources and Methodology
This transparency report for Love Inc Of Eagle River 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.