Love Never Fails
EIN: 455551029 · Dublin, CA · NTEE: I70
Is Love Never Fails Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Love Never Fails
Love Never Fails (EIN: 455551029) is a nonprofit organization based in Dublin, CA, classified under NTEE code I70. The organization reported total revenue of $4.3M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love Never Fails's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love Never Fails is a mid-size nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 42.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$373K |
| Total Assets | $1.4M |
| Total Liabilities | $782K |
| Net Assets | $658K |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 54.3% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Love Never Fails reported a surplus of $373K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 54.3% (high leverage).
Financial Trends
Over 11 years of filings (2012–2023), Love Never Fails's revenue has grown at a compound annual growth rate (CAGR) of 42.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.4% | +41.6% | +48.7% |
| 2022 | +110.7% | +89.1% | +35.3% |
| 2021 | -26.2% | +9.3% | +69.0% |
| 2020 | +80.5% | +47.8% | +230.9% |
| 2019 | +37.5% | +49.5% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Love Never Fails 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 Never Fails 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 $373K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.3%.
Frequently Asked Questions about Love Never Fails
Is Love Never Fails a legitimate charity?
Based on AI analysis of IRS 990 filings, Love Never Fails (EIN: 455551029) insufficient data. 0 red flags identified, 0 strengths noted.
How does Love Never Fails spend its money?
Detailed spending breakdown data is not yet available for Love Never Fails. Check back for updated IRS 990 analysis.
Are donations to Love Never Fails tax-deductible?
Love Never Fails is registered as a tax-exempt nonprofit (EIN: 455551029). 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 Never Fails showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Love Never Fails's revenue has grown by 4889.6%, moving from $77K to $3.8M. Total assets increased by 2751% over the same period, from $51K to $1.4M. Total functional expenses rose by 13114.9%, from $26K to $3.4M. In its most recent filing year (2023), Love Never Fails reported a surplus of $373K, with revenue exceeding expenses. The organization holds $782K in liabilities against $1.4M in assets (debt-to-asset ratio: 54.3%), resulting in net assets of $658K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.4M | $1.4M | $782K | — | — |
| 2022 | $2.3M | $2.4M | $968K | $683K | — | View 990 |
| 2021 | $1.1M | $1.3M | $716K | $515K | — | View 990 |
| 2020 | $1.5M | $1.2M | $423K | $18K | — | — |
| 2019 | $814K | $798K | $128K | $12K | — | View 990 |
| 2018 | $592K | $534K | $109K | $9K | — | View 990 |
| 2017 | $460K | $449K | $43K | $2K | — | View 990 |
| 2016 | $424K | $466K | $33K | $2K | — | View 990 |
| 2015 | $272K | $253K | $72K | $0 | — | View 990 |
| 2013 | $57K | $62K | $45K | $0 | — | View 990 |
| 2012 | $77K | $26K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.4M, and assets of $1.4M (revenue +67.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.4M, and assets of $968K (revenue +110.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $716K (revenue -26.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.2M, and assets of $423K (revenue +80.5% year-over-year).
- 2019: Revenue of $814K, expenses of $798K, and assets of $128K (revenue +37.5% year-over-year).
- 2018: Revenue of $592K, expenses of $534K, and assets of $109K (revenue +28.6% year-over-year).
- 2017: Revenue of $460K, expenses of $449K, and assets of $43K (revenue +8.5% year-over-year).
- 2016: Revenue of $424K, expenses of $466K, and assets of $33K (revenue +55.8% year-over-year).
- 2015: Revenue of $272K, expenses of $253K, and assets of $72K (revenue +381.1% year-over-year).
- 2013: Revenue of $57K, expenses of $62K, and assets of $45K (revenue -26.1% year-over-year).
- 2012: Revenue of $77K, expenses of $26K, and assets of $51K.
Data Sources and Methodology
This transparency report for Love Never Fails 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.