Civic Intelligence

Love Inc of Staunton Waynesboro

EIN 45-3201020 • 501(c)3 • Fishersville, VA

Profile

Faith-based services for the needy. Mobilizing churches to transform lives and communities.

PO Box 1003Fishersville, VA 22939

www.loveincsaw.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.02x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

50th percentile

$57,721

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

24th percentile

-5.0%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

29%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$251,847

Down $13,319 (-5.0%) from 2023

Liabilities

Up

$5,647

Up $2,773 (+96%) from 2023

Net Assets

Down

$246,200

Down $16,092 (-6.1%) from 2023

Revenue

Up

$1,132,375

Up $251,556 (+29%) from 2023

Expenses

Up

$1,148,467

Up $306,208 (+36%) from 2023

Net Income

Down

-$16,092

Down $54,652 (-142%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $12,759Liabilities 2012: $32Net Assets 2012: $12,7272012Assets 2013: $37,633Liabilities 2013: $245Net Assets 2013: $37,3882013Assets 2014: $37,425Liabilities 2014: $2,468Net Assets 2014: $34,9572014Assets 2015: $37,537Liabilities 2015: $4,636Net Assets 2015: $32,9012015Assets 2016: $91,497Liabilities 2016: $1,190Net Assets 2016: $90,3072016Assets 2017: $145,300Liabilities 2017: $6,883Net Assets 2017: $138,4172017Assets 2018: $122,033Liabilities 2018: $6,311Net Assets 2018: $115,7222018Assets 2019: $155,235Liabilities 2019: $9,855Net Assets 2019: $145,3802019Assets 2020: $152,229Liabilities 2020: $12,807Net Assets 2020: $139,4222020Assets 2021: $288,395Liabilities 2021: $9,938Net Assets 2021: $278,4572021Assets 2022: $225,270Liabilities 2022: $1,836Net Assets 2022: $223,4342022Assets 2023: $265,166Liabilities 2023: $2,874Net Assets 2023: $262,2922023Assets 2024: $251,847Liabilities 2024: $5,647Net Assets 2024: $246,2002024

Highlighted filing

2024

Assets$251,847
Liabilities$5,647
Net Assets$246,200

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $32,647Expenses 2012: $19,920Net Income 2012: $12,7272012Revenue 2013: $131,996Expenses 2013: $107,760Net Income 2013: $24,2362013Revenue 2014: $133,047Expenses 2014: $118,937Net Income 2014: $14,1102014Revenue 2015: $178,036Expenses 2015: $180,091Net Income 2015: -$2,0552015Revenue 2016: $288,686Expenses 2016: $231,280Net Income 2016: $57,4062016Revenue 2017: $344,328Expenses 2017: $296,218Net Income 2017: $48,1102017Revenue 2018: $360,531Expenses 2018: $383,226Net Income 2018: -$22,6952018Revenue 2019: $453,270Expenses 2019: $423,612Net Income 2019: $29,6582019Revenue 2020: $469,945Expenses 2020: $475,903Net Income 2020: -$5,9582020Revenue 2021: $694,238Expenses 2021: $555,203Net Income 2021: $139,0352021Revenue 2022: $659,489Expenses 2022: $710,810Net Income 2022: -$51,3212022Revenue 2023: $880,819Expenses 2023: $842,259Net Income 2023: $38,5602023Revenue 2024: $1,132,375Expenses 2024: $1,148,467Net Income 2024: -$16,0922024

Highlighted filing

2024

Revenue$1,132,375
Expenses$1,148,467
Net Income-$16,092

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2024
Return Version
2024v5.2
Gross Receipts
$1,173,496
Mission and Program Overview

Mission

Faith-based services for the needy. Mobilizing churches to transform lives and communities.

Faith-based services for the needy mobilizing churches to transform lives and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$115,390$87,551▼ $27,839
Savings and Temporary Cash Investments$88,207$57,140▼ $31,067
Land, Buildings, and Equipment, Net$49,091$49,944▲ $853
Investments in Publicly Traded Securities$899$34,778▲ $33,879
Inventories for Sale or Use-$12,147-
Investments Other Securities$2,087--
Prepaid Expenses and Deferred Charges-$1,000-
Total Assets$265,166$251,847▼ $13,319
Other Assets Total$9,492$9,287▼ $205
Liabilities
Other Liabilities$2,874$5,647▲ $2,773
Total Liabilities$2,874$5,647▲ $2,773
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$255,561$239,469▼ $16,092
Net Assets With Donor Restrictions$6,731$6,731→ $0
Total Net Assets Fund Balance$262,292$246,200▼ $16,092
Total Liabilities and Net Assets / Fund Balance$265,166$251,847▼ $13,319

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$76,263$10,244$86,507
Leasehold Improvements$1,639$21,946$23,585
Other Land Buildings$-27,958$27,958-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debrah RamseyExecutive DirectorFT$57,721$57,721
William RobertsMinistry DirectorFT$57,275$57,275
Ethan ColvinOperations DirectorFT$55,271$55,271

Board Members and Trustees

NameTitle
Shane LillyBoard Chair
Caleb HarlowBoard Co-chair
Ben HaltermanBoard Member
Joanne ShirleyBoard Member
Marie MasincupBoard Member
Rodney MartinBoard Member
Scott BroddBoard Member
Stacey BurkholderBoard Member
Steve CampbellBoard Member
Veronica DavisBoard Member
Sharon WoodBoard Secretary
Tim HarrisonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$355,719
Program Service Revenue
$775,453
Investment Income
$1,203
Other Revenue
$0
All Other Contributions
$355,719
Change in Net Assets
$-16,092

Noncash Contributions

Contribution TypeReported Amount
Securities Publicly Traded$60,910
Total Noncash Contributions$60,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$781,486
Other Expenses$366,981
Total Fundraising Expense$7,916
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$510,617$41,547$3,300$555,464
Occupancy$174,349$10,521-$184,870
Current Officers, Directors, Trustees, and Key Employees$121,906$44,956$3,405$170,267
Payroll Taxes$48,623$6,634$498$55,755
Other Expenses$29,553$1,198-$30,751
Office Expenses$27,418$1,324-$28,742
Depreciation Depletion$15,314$439-$15,753
Interest$15,646--$15,646
Information Technology$15,443--$15,443
Payments to Affiliates$12,692--$12,692
Insurance$8,717$688$58$9,463
Fees for Services Accounting-$6,465-$6,465
Travel$1,255--$1,255
Advertising--$655$655
Conferences and Meetings$441--$441
Total Functional Expenses$1,010,937$129,614$7,916$1,148,467
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$5,647
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Classes of members or stockholders organized with members.

Form 990 governing body review Part VI line 11

Organizations process to review form 990. The form 990 is presented and discussed in an open meeting, and individual board members are informed that a copy will be provided to those who request a copy. Questions are directed to the executive director, but not before filing.

CEO executive director top management comp Part VI line 15A

Compensation- compensation for the executive director and all other staff members is reviewed at least annually by the board of directors, adjustments to compensation for all staff members are approved by the board.

Other officer or key employee compensation Part VI line 15B

Compensation process for officers- compensation for the executive director and all other staff members is reviewed at least annually by the board of directors adjustments to compensation for all staff members are approved by the board.

Governing documents etc available to public Part VI line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Love Inc of Staunton Waynesboro and Augusta
EIN
45-3201020
In Care Of
% SHANE LILLY
Phone
5402212955
Address
PO BOX 1003, FISHERSVILLE, VA 22939

Signing Officer

Name
Shane Lilly
Title
Board Chair
Phone
5402212955
Signed
2024-05-14
Discuss with paid preparer
No

Organization Details

Formed
2012
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
32
Volunteers
163

Preparer

Firm
Hunt & Associate LLC
Address
3140 Stuarts Draft Highway, Stuarts Draft, VA 24477
Preparer
Mary H Cowherd Ea
Phone
5403244379
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Change your life classes: through this program participants have the opportunity to earn vouchers redeemable at specific locations for a variety of products and services, including gas for vehicles, haircuts, oil changes, paper products, personal hygiene products, and more. These essential items help meet basic needs and alleviate financial burdens, empowering participants to focus on their personal development and well-being. We have observed a significant increase in engagment and retention rates among participants. In 2024 there were twenty classes offered during the three sessions with a total enrollment of sixty-six during the year. This year, our ministry had the privilege of walking alongside a local neighbor who initially came to us to complete 100 hours of community service. What began as a court-mandated obligation turned into a transformative journey.after fulfilling her required hours and settling her fines, she voluntarily enrolled in our change your life classes, where she demonstrated remarkable personal growth, increased self-confidence, and emerging leadership skills. Inspired by her dedication and potential, we invited her to join our team at one of our thrift stores. Since joining the staff, she has continued to thrivegrowing in her role, building strong relationships, and contributing meaningfully as a team player.her story is a powerful example of our mission in action. This year, we took a significant step forward in deepening our impact by hiring a neighbor development coordinator (case manager). This role was created to support neighbors participating in our change your life classes as they walk through their journey of transformation. The coordinator works closely with each individual to identify their unique strengths and areas for growth, and together they develop an individual transformation plan (itp). These personalized plans include goal-setting and the establishment of accountability partners to ensure ongoing support and encouragement. By adding this dedicated position, we are able to provide more intentional, one-on-one support, ultimately enhancing our ability to engage with and empower our neighbors. Volunteers: all of the volunteers are part-time, and they serve in many different capacities listed on this 990. In 2024 there were 172 volunteers who provided a total of 16,353 hours of services to the ministry as a whole.the board provides invaluable guidance to the executive director, offering insights and support as needed to navigate the complexities of managing and leading our organization, their collective expertise and diverse perspectives contribute to informed decision-making, enabling us to adapt and thrive in a dynamic environment. Connection center: the connection center is the heart of our ministry. The activity that sustains our mission and embodies our commitment to serve those in need. The intake process is where eighteen volunteers become the compassionate conduits between individuals seeking assistance and the resources we provide. Trained with redemptive compassion, our volunteers embark on a journey with each caller. In the year of 2024, we processed 215 intakes, 125 relational contact calls, and offered 107 prayer calls. Childrens education: as part of our change your life (cyl) program. Children of all ages accomy their family members to the classes offered to our neighbor. Our childrens program has a dedicated team of professional teachers, retired educations and other dedicated volunteers who give of their time and expertise. Our young learners will experience a wide range of topics, including but not limited to living a christian life, age- appropriate life skills, and fostering positive relationships with others. Delivery and pickups: the transportation of large quantities of donated goods and the delivery of heavier items in our neighbors are vital components of our ministrys outreach efforts, led by a dedicated team of volunteers.these initiatives ensure that essenti

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IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2024, OUR ORGANIZATION CONTINUED TO OPERATE TWO RETAIL STORES. DUE TO REBRANDING CHANGES WE RENAMED THE STORES TO FISHERSVILLE AND STUARTS DRAFT THRIFT. THESE STORE SERVE AS AN INTEGRAL COMPONENTS OF OUR MINISTRY, CONTRIBUTING IN MULTIPLE WAYS TO OUR MISSION SUCH AS SPREADING LOVE AND SUPPORT WITHIN OUR COMMUNITY. THEY PLAY A CRUCIAL ROLE IN PROVIDING A SIGNIFICANT REVENUE STREAM TO SUPPORT MINISTRY EFFORTS. LISTED AS ONE OF OUR ACCOMPLISHMENTS IN 2024 WE HAVE BEEN ABLE TO OPEN A THIRD STORE IN THE AREA THAT WE HAVE SERVED MANY NEIGHBORS WITH NEEDS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0AS PART OF OUR ONGOING MISSION TO MOBILIZE LOCAL CHURCHES, LOVE INC STAUNTON, WAYNESBORO, AUGUSTA IS EXPANDING ITS OUTREACH EFFORTS BY OPENING A THIRD THRIFT STORE IN AN AREA WHERE WE ALREADY PROVIDE SIGNIFICANT SUPPORT TO INDIVIDUALS AND FAMILIES IN NEED. THIS EXPANSION ALIGNS WITH OUR COMMITMENT TO OFFERING PRACTICAL ASSISTANCE WHILE FOSTERING SUSTAINABILITY AND SELF-SUFFICIENCY. THE NEW THRIFT STORE WILL SERVE AS BOTH A RESOURCE FOR AFFORDABLE CLOTHING, HOUSEHOLD GOODS, AND ESSENTIAL ITEMS FOR LOW-INCOME INDIVIDUALS AND FAMILIES, AS WELL AS A FUNDING SOURCE FOR OUR PROGRAMS. BY REINVESTING PROCEEDS FROM THE STORE INTO OUR COMMUNITY-BASED INITIATIVES, WE CAN ENHANCE OUR ABILITY TO PROVIDE FINANCIAL ASSISTANCE, MENTORING, AND OTHER SUPPORTIVE SERVICES. IN ADDITION TO ITS ECONOMIC IMPACT, THE STORE WILL SERVE AS A HUB FOR COMMUNITY ENGAGEMENT, OFFERING VOLUNTEER OPPORTUNITIES, JOB TRAINING PROGRAMS, AND A WELCOMING SPACE FOR INDIVIDUALS SEEKING A FRESH START.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY SERVICE: SINCE 2021 WE HAVE PARTNERED WITH LOCAL JUDICIAL BODIES TO ALLOW INDIVIDUALS NEEDING COMMUNITY SERVICE HOURS TO SERVE THOSE HOURS THROUGH THE DONATION CENTER. DURING 2024 THERE WERE 21 PARTICIPANTS COMPLETING HUNDREDS OF HOURS.
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