Civic Intelligence

Love Thy Neighborhood Inc

EIN 46-4428574 • 501(c)3 • Louisville, KY

Profile

Volunteer Services Leadership

1143 S Third Street Suite BLouisville, KY 40203

www.lovethyneighborhood.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.31x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.09x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

30th percentile

-4.9%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

52nd percentile

4.2%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

10%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$173,480

Up $7,067 (+4.2%) from 2021

Liabilities

Up

$52,938

Up $36,536 (+223%) from 2021

Net Assets

Down

$120,542

Down $29,469 (-20%) from 2021

Revenue

Up

$603,067

Up $55,275 (+10%) from 2021

Expenses

Up

$632,536

Up $10,124 (+1.6%) from 2021

Net Income

Up

-$29,469

Up $45,151 (+61%) from 2021

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $68,744Liabilities 2014: $0Net Assets 2014: $68,7442014Assets 2017: $128,817Liabilities 2017: $0Net Assets 2017: $128,8172017Assets 2018: $160,240Liabilities 2018: $24,621Net Assets 2018: $135,6192018Assets 2019: $155,320Liabilities 2019: $20,106Net Assets 2019: $135,2142019Assets 2021: $166,413Liabilities 2021: $16,402Net Assets 2021: $150,0112021Assets 2022: $173,480Liabilities 2022: $52,938Net Assets 2022: $120,5422022

Highlighted filing

2022

Assets$173,480
Liabilities$52,938
Net Assets$120,542

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $212,448Expenses 2014: $143,704Net Income 2014: $68,7442014Revenue 2017: $365,794Expenses 2017: $396,549Net Income 2017: -$30,7552017Revenue 2018: $462,093Expenses 2018: $460,154Net Income 2018: $1,9392018Revenue 2019: $547,861Expenses 2019: $548,266Net Income 2019: -$4052019Revenue 2021: $547,792Expenses 2021: $622,412Net Income 2021: -$74,6202021Revenue 2022: $603,067Expenses 2022: $632,536Net Income 2022: -$29,4692022

Highlighted filing

2022

Revenue$603,067
Expenses$632,536
Net Income-$29,469

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$610,872
Mission and Program Overview

Mission

Love thy neighborhood is an urban missions agency for young adults, ages 18-30, that equips and mobilizes the next generation of christian leaders to work with the poor, the suffering, and the marginalized.

Disciple christians to serve their neighbors, cultivate healthy relationships (see schedule o) and follow jesus in their culture and context.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$133,541$126,320▼ $7,221
Land, Buildings, and Equipment, Net$21,927$20,442▼ $1,485
Investments in Publicly Traded Securities$7,295--
Prepaid Expenses and Deferred Charges$325$753▲ $428
Total Assets$166,413$173,480▲ $7,067
Other Assets Total$3,325$25,965▲ $22,640
Liabilities
Accounts Payable and Accrued Expenses$16,402$30,298▲ $13,896
Other Liabilities$0$22,640▲ $22,640
Total Liabilities$16,402$52,938▲ $36,536
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$126,520$107,482▼ $19,038
Net Assets With Donor Restrictions$23,491$13,060▼ $10,431
Total Net Assets Fund Balance$150,011$120,542▼ $29,469
Total Liabilities and Net Assets / Fund Balance$166,413$173,480▲ $7,067

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,808$19,186$30,994
Leasehold Improvements$8,634$12,041$20,675
Other Assets Org$22,640--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jesse EubanksExecutive DirectorFT$18,928$64,000$82,928

Board Members and Trustees

NameTitle
Jesse FaughtChairman
Bill NunneryBoard Member
Hilary NoltemeyerBoard Member
Michael HallBoard Member
Hong SiuSecretary
Dave BurnetteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$583,337
Program Service Revenue
$11,822
Investment Income
$0
Other Revenue
$7,908
All Other Contributions
$344,332
Change in Net Assets
$-29,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$380,748
Other Expenses$251,788
Total Fundraising Expense$56,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$204,395$27,830$16,414$248,639
Current Officers, Directors, Trustees, and Key Employees$37,318$29,025$16,585$82,928
Fees for Services Other$9,764$28,528-$38,292
Other Employee Benefits$22,705$4,173$2,329$29,207
Conferences and Meetings$16,558$6,899$4,140$27,597
All Other Expenses$12,848$4,272$9,020$26,140
Payroll Taxes$15,945$2,483$1,546$19,974
Occupancy$10,546$4,055$2,195$16,796
Other Expenses$7,222$5,778$1,444$14,444
Insurance$7,093$3,546$1,182$11,821
Depreciation Depletion$4,306$1,794$1,076$7,176
Fees for Services Accounting-$4,210-$4,210
Office Expenses$1,409$587$352$2,348
Total Functional Expenses$453,073$123,180$56,283$632,536
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Prime Meridian Properties Is Owned by Member of the Board of DirectorsRental Payments to Prime Meridian Properties, Which Is Owned by a Member of the Board of DirectorsNo$12,445
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$22,640
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed and approved by the executive committee prior to filing.

Form 990, Part VI, Section B, Line 12C

The board regularly evaluates finances and utilization of resources.

Form 990, Part VI, Section B, Line 15A

The board researches industry compensation averages for executive directors of small not-for-profit organizations.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Love Thy Neighborhood Inc
EIN
46-4428574
Phone
5022903349
Address
1143 S THIRD STREET SUITE B, LOUISVILLE, KY 40203

Signing Officer

Name
Kiana Brown
Title
Executive Director
Phone
5022903349
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kiana Brown
Formed
2014
Legal Domicile
Ky
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
35

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal, kentucky and local income taxes as a not-for-profit organization as described under internal revenue code section 501(c)(3). Love thy neighborhood, inc. Files an informational tax return with the u.s. Federal jurisdiction and with the kentucky office of the attorney general. However, income from certain activities not directly related to the organization's tax-exempt purpose may be subject to taxation as unrelated business income. Management does not believe that the organization has unrelated business income for the years ended december 31, 2022 and 2021. As of december 31, 2022 and 2021, love thy neighborhood, inc. Did not have any accrued interest or penalties related to income tax liabilities, and no significant interest or penalties have been charged to operations for the years then ended.

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IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0583337
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0532374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0588280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0543846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0452198
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02700035
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt075853
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91850
IRS990ScheduleA/PublicSupportPY170Pct00.92050
IRS990ScheduleA/PublicSupportTotal170Amt02480038
IRS990ScheduleA/SubstantialContributorsTotAmt0219997
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0583337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0532374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0588280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0543846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0452198
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02700035
IRS990ScheduleA/TotalSupportAmt02700035
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt011808
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030994
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08634
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012041
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020675
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03325
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt122640
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TRADEMARKS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL, KENTUCKY AND LOCAL INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). LOVE THY NEIGHBORHOOD, INC. FILES AN INFORMATIONAL TAX RETURN WITH THE U.S. FEDERAL JURISDICTION AND WITH THE KENTUCKY OFFICE OF THE ATTORNEY GENERAL. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. AS OF DECEMBER 31, 2022 AND 2021, LOVE THY NEIGHBORHOOD, INC. DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO SIGNIFICANT INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEARS THEN ENDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020442
IRS990ScheduleD/TotalBookValueOtherAssetsAmt025965
IRS990ScheduleD/TotalLiabilityAmt022640
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PRIME MERIDIAN PROPERTIES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRIME MERIDIAN PROPERTIES IS OWNED BY MEMBER OF THE BOARD OF DIRECTORS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012445
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENTAL PAYMENTS TO PRIME MERIDIAN PROPERTIES, WHICH IS OWNED BY A MEMBER OF THE BOARD OF DIRECTORS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REGULARLY EVALUATES FINANCES AND UTILIZATION OF RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD RESEARCHES INDUSTRY COMPENSATION AVERAGES FOR EXECUTIVE DIRECTORS OF SMALL NOT-FOR-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0166413
IRS990/TotalAssetsEOYAmt0173480
IRS990/TotalAssetsGrp/BOYAmt0166413
IRS990/TotalAssetsGrp/EOYAmt0173480
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0583337
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt056283
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0123180
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0453073
IRS990/TotalFunctionalExpensesGrp/TotalAmt0632536
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016402
IRS990/TotalLiabilitiesEOYAmt052938
IRS990/TotalLiabilitiesGrp/BOYAmt016402
IRS990/TotalLiabilitiesGrp/EOYAmt052938
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0150011
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0120542
IRS990/TotalOtherCompensationAmt064000
IRS990/TotalProgramServiceExpensesAmt0453073
IRS990/TotalProgramServiceRevenueAmt011822
IRS990/TotalReportableCompFromOrgAmt018928
IRS990/TotalRevenueGrp/ExclusionAmt07431
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012299
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0603067
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0166413
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0173480
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01143 S THIRD STREET SUITE B
IRS990/USAddress/CityNm0LOUISVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040203
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0LOVETHYNEIGHBORHOOD.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIANA BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05022903349

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