Love Inc Staunton Waynesboro Augusta
EIN: 453201020 · Fishersville, VA · NTEE: P60
Is Love Inc Staunton Waynesboro Augusta 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 Staunton Waynesboro Augusta
Love Inc Staunton Waynesboro Augusta (EIN: 453201020) is a nonprofit organization based in Fishersville, VA, classified under NTEE code P60. The organization reported total revenue of $1.2M and total assets of $252K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love Inc Staunton Waynesboro Augusta's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love Inc Staunton Waynesboro Augusta is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 34.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $881K |
| Total Expenses | $842K |
| Surplus / Deficit | +$39K |
| Total Assets | $265K |
| Total Liabilities | $3K |
| Net Assets | $262K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Love Inc Staunton Waynesboro Augusta reported a surplus of $39K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Love Inc Staunton Waynesboro Augusta's revenue has grown at a compound annual growth rate (CAGR) of 34.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.6% | +18.5% | +17.7% |
| 2022 | -5.0% | +28.0% | -21.9% |
| 2021 | +47.7% | +16.7% | +89.4% |
| 2020 | +3.7% | +12.3% | -1.9% |
| 2019 | +25.7% | +10.5% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Love Inc Staunton Waynesboro Augusta 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 Staunton Waynesboro Augusta 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Love Inc Staunton Waynesboro Augusta
Is Love Inc Staunton Waynesboro Augusta a legitimate charity?
Based on AI analysis of IRS 990 filings, Love Inc Staunton Waynesboro Augusta (EIN: 453201020) insufficient data. 0 red flags identified, 0 strengths noted.
How does Love Inc Staunton Waynesboro Augusta spend its money?
Detailed spending breakdown data is not yet available for Love Inc Staunton Waynesboro Augusta. Check back for updated IRS 990 analysis.
Are donations to Love Inc Staunton Waynesboro Augusta tax-deductible?
Love Inc Staunton Waynesboro Augusta is registered as a tax-exempt nonprofit (EIN: 453201020). 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 Staunton Waynesboro Augusta showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Love Inc Staunton Waynesboro Augusta's revenue has grown by 2598%, moving from $33K to $881K. Total assets increased by 1978.3% over the same period, from $13K to $265K. Total functional expenses rose by 4128.2%, from $20K to $842K. In its most recent filing year (2023), Love Inc Staunton Waynesboro Augusta reported a surplus of $39K, with revenue exceeding expenses. The organization holds $3K in liabilities against $265K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $262K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $881K | $842K | $265K | $3K | — | — |
| 2022 | $659K | $711K | $225K | $2K | — | View 990 |
| 2021 | $694K | $555K | $288K | $10K | — | View 990 |
| 2020 | $470K | $476K | $152K | $13K | — | — |
| 2019 | $453K | $424K | $155K | $10K | — | View 990 |
| 2018 | $361K | $383K | $122K | $6K | — | View 990 |
| 2017 | $344K | $296K | $145K | $7K | — | View 990 |
| 2016 | $289K | $231K | $91K | $1K | — | View 990 |
| 2015 | $178K | $180K | $38K | $5K | — | View 990 |
| 2014 | $133K | $119K | $37K | $2K | — | View 990 |
| 2013 | $132K | $108K | $38K | $245 | — | View 990 |
| 2012 | $33K | $20K | $13K | $32 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $881K, expenses of $842K, and assets of $265K (revenue +33.6% year-over-year).
- 2022: Revenue of $659K, expenses of $711K, and assets of $225K (revenue -5.0% year-over-year).
- 2021: Revenue of $694K, expenses of $555K, and assets of $288K (revenue +47.7% year-over-year).
- 2020: Revenue of $470K, expenses of $476K, and assets of $152K (revenue +3.7% year-over-year).
- 2019: Revenue of $453K, expenses of $424K, and assets of $155K (revenue +25.7% year-over-year).
- 2018: Revenue of $361K, expenses of $383K, and assets of $122K (revenue +4.7% year-over-year).
- 2017: Revenue of $344K, expenses of $296K, and assets of $145K (revenue +19.3% year-over-year).
- 2016: Revenue of $289K, expenses of $231K, and assets of $91K (revenue +62.2% year-over-year).
- 2015: Revenue of $178K, expenses of $180K, and assets of $38K (revenue +33.8% year-over-year).
- 2014: Revenue of $133K, expenses of $119K, and assets of $37K (revenue +0.8% year-over-year).
- 2013: Revenue of $132K, expenses of $108K, and assets of $38K (revenue +304.3% year-over-year).
- 2012: Revenue of $33K, expenses of $20K, and assets of $13K.
Data Sources and Methodology
This transparency report for Love Inc Staunton Waynesboro Augusta 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.