Love Inc Of Greater Cushing
EIN: 562608951 · Cushing, OK · NTEE: P80
Is Love Inc Of Greater Cushing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Love Inc Of Greater Cushing
Love Inc Of Greater Cushing (EIN: 562608951) is a nonprofit organization based in Cushing, OK, classified under NTEE code P80. The organization reported total revenue of $280K and total assets of $500K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love Inc Of Greater Cushing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Love Inc Of Greater Cushing 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 Love Inc Of Greater Cushing 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.
Frequently Asked Questions about Love Inc Of Greater Cushing
Is Love Inc Of Greater Cushing a legitimate charity?
Based on AI analysis of IRS 990 filings, Love Inc Of Greater Cushing (EIN: 562608951) insufficient data. 0 red flags identified, 0 strengths noted.
How does Love Inc Of Greater Cushing spend its money?
Detailed spending breakdown data is not yet available for Love Inc Of Greater Cushing. Check back for updated IRS 990 analysis.
Are donations to Love Inc Of Greater Cushing tax-deductible?
Love Inc Of Greater Cushing is registered as a tax-exempt nonprofit (EIN: 562608951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Love Inc Of Greater Cushing showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Love Inc Of Greater Cushing's revenue has grown by 134.1%, moving from $102K to $239K. Total assets increased by 242.2% over the same period, from $150K to $515K. Total functional expenses rose by 261.9%, from $69K to $251K. In its most recent filing year (2023), Love Inc Of Greater Cushing reported a deficit of $13K, with expenses exceeding revenue. The organization holds $129K in liabilities against $515K in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $386K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $251K | $515K | $129K | — | View 990 |
| 2022 | $225K | $177K | $554K | $155K | — | — |
| 2021 | $197K | $168K | $354K | $4K | — | — |
| 2020 | $157K | $165K | $323K | $2K | — | View 990 |
| 2019 | $128K | $138K | $328K | $-1,696 | — | View 990 |
| 2018 | $184K | $125K | $340K | $-95 | — | View 990 |
| 2017 | $99K | $152K | $282K | $485 | — | View 990 |
| 2016 | $146K | $132K | $334K | $0 | — | View 990 |
| 2015 | $123K | $166K | $321K | $0 | — | View 990 |
| 2014 | $177K | $173K | $364K | $0 | — | View 990 |
| 2013 | $299K | $129K | $362K | $3K | — | View 990 |
| 2012 | $178K | $134K | $204K | $13K | — | View 990 |
| 2011 | $142K | $99K | $180K | $34K | — | View 990 |
| 2010 | $102K | $69K | $150K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $251K, and assets of $515K (revenue +6.2% year-over-year).
- 2022: Revenue of $225K, expenses of $177K, and assets of $554K (revenue +14.3% year-over-year).
- 2021: Revenue of $197K, expenses of $168K, and assets of $354K (revenue +25.5% year-over-year).
- 2020: Revenue of $157K, expenses of $165K, and assets of $323K (revenue +22.9% year-over-year).
- 2019: Revenue of $128K, expenses of $138K, and assets of $328K (revenue -30.8% year-over-year).
- 2018: Revenue of $184K, expenses of $125K, and assets of $340K (revenue +86.0% year-over-year).
- 2017: Revenue of $99K, expenses of $152K, and assets of $282K (revenue -32.0% year-over-year).
- 2016: Revenue of $146K, expenses of $132K, and assets of $334K (revenue +18.3% year-over-year).
- 2015: Revenue of $123K, expenses of $166K, and assets of $321K (revenue -30.5% year-over-year).
- 2014: Revenue of $177K, expenses of $173K, and assets of $364K (revenue -40.7% year-over-year).
- 2013: Revenue of $299K, expenses of $129K, and assets of $362K (revenue +67.7% year-over-year).
- 2012: Revenue of $178K, expenses of $134K, and assets of $204K (revenue +25.4% year-over-year).
- 2011: Revenue of $142K, expenses of $99K, and assets of $180K (revenue +39.5% year-over-year).
- 2010: Revenue of $102K, expenses of $69K, and assets of $150K.
Data Sources and Methodology
This transparency report for Love Inc Of Greater Cushing 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.