Civic Intelligence

Thelovecircle Foundation

990EZ • Fiscal year 2022 • EIN 47-1119980

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 30, 2023

C/O 2870 Peachtree Rd NW Ste 478Atlanta, GA 30305

(470) 249-9190

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.16x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-30%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Assets

Down

$4,685

Down $2,050 (-30%) from 2021

Net Assets

Down

$3,935

Down $2,050 (-34%) from 2021

Liabilities

Flat

$750

Flat from 2021

Revenue

Flat

$0

Flat from 2021

Expenses

Up

$1,300

Up $1,300 from 2021

Net Income

Down

-$1,300

Down $1,300 from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15K$10K$5.0K$0Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $3,845Liabilities 2015: $0Net Assets 2015: $3,8452015Assets 2016: $9,702Liabilities 2016: $4,755Net Assets 2016: $4,9472016Assets 2017: $13,475Liabilities 2017: $0Net Assets 2017: $13,4752017Assets 2018: $7,635Liabilities 2018: $0Net Assets 2018: $7,6352018Assets 2019: $6,745Liabilities 2019: $750Net Assets 2019: $5,9952019Assets 2020: $6,735Liabilities 2020: $750Net Assets 2020: $5,9852020Assets 2021: $6,735Liabilities 2021: $750Net Assets 2021: $5,9852021Assets 2022: $4,685Liabilities 2022: $750Net Assets 2022: $3,9352022Assets 2023: $4,685Liabilities 2023: $750Net Assets 2023: $3,9352023Assets 2024: $4,685Liabilities 2024: $750Net Assets 2024: $3,9352024

Highlighted filing

2022

Assets$4,685
Liabilities$750
Net Assets$3,935

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $25,000Expenses 2015: $21,155Net Income 2015: $3,8452015Revenue 2016: $41,000Expenses 2016: $39,898Net Income 2016: $1,1022016Revenue 2017: $34,515Expenses 2017: $25,987Net Income 2017: $8,5282017Revenue 2018: $304Expenses 2018: $6,144Net Income 2018: -$5,8402018Revenue 2019: $108Expenses 2019: $1,748Net Income 2019: -$1,6402019Revenue 2020: $0Expenses 2020: $10Net Income 2020: -$102020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $1,300Net Income 2022: -$1,3002022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2022

Revenue$0
Expenses$1,300
Net Income-$1,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Mission and Program Overview

Mission

To provide opportunities for children and youth to participate in recreational, cultural, social and civic activities through membership in clubs and other youth groups with a special focus whose purpose is to help youngsters develop their potential and grow into healthy, educated, responsible and productive adults.

Program Services

DescriptionGrantsExpenses
TO PROVIDE OPPORTUNITIES FOR CHILDREN AND YOUTH TO PARTICIPATE IN RECREATIONAL CULTURAL SOCIAL AND CIVIC ACTIVITIES THROUGH MEMBERSHIP IN CLUBS AND OTHER YOUTH GROUPS WITH A SPECIAL FOCUS WHOSE PURPOSE IS TO HELP YOUNGSTERS DEVELOP THEIR POTENTIAL AND GROW INTO HEALTHY EDUCATED RESPONSIBLE AND PRODUCTIVE ADULTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TYRESE GIBSONPresident-$0--
MARIA RENTERIACASTROSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Thelovecircle Foundation
EIN
47-1119980
Phone
4702499190
Address
C/O 2870 PEACHTREE RD NW STE 478, ATLANTA, GA 30305

Signing Officer

Name
Tyrese Gibson
Title
Chariman
Phone
4702499190
Signed
2023-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Busy Bee Accounting Services LLC
Address
2870 PEACHTREE RD NW STE 478, ATLANTA, GA 30305
Preparer
Brandi Hills
Phone
4702499190
Supplemental Narrative

Additional Explanations

Part II, Line 26

1) description loan payable boy amount 750 eoy amount 750

Raw XML Appendix117 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0BUSY BEE ACCOUNTING SERVICESCOMMA
IRS990EZ/BooksInCareOfDetail/PhoneNum04702499190
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02870 PEACHTREE RD NW STE 478
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030305
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06735
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04685
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1300
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01300
IRS990EZ/FiledScheduleAInd00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form720FiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06735
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04685
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05985
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04685
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05985
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03935
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TYRESE GIBSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIA RENTERIACASTRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE OPPORTUNITIES FOR CHILDREN AND YOUTH TO PARTICIPATE IN RECREATIONAL, CULTURAL, SOCIAL AND CIVIC ACTIVITIES THROUGH MEMBERSHIP IN CLUBS AND OTHER YOUTH GROUPS WITH A SPECIAL FOCUS WHOSE PURPOSE IS TO HELP YOUNGSTERS DEVELOP THEIR POTENTIAL AND GROW INTO HEALTHY, EDUCATED, RESPONSIBLE AND PRODUCTIVE ADULTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE OPPORTUNITIES FOR CHILDREN AND YOUTH TO PARTICIPATE IN RECREATIONAL CULTURAL SOCIAL AND CIVIC ACTIVITIES THROUGH MEMBERSHIP IN CLUBS AND OTHER YOUTH GROUPS WITH A SPECIAL FOCUS WHOSE PURPOSE IS TO HELP YOUNGSTERS DEVELOP THEIR POTENTIAL AND GROW INTO HEALTHY EDUCATED RESPONSIBLE AND PRODUCTIVE ADULTS.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/RelatedOrgSect527OrgInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0750
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0750
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt01300
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0387
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0387
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0304
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0387
IRS990ScheduleA/TotalSupportAmt0387
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) DESCRIPTION LOAN PAYABLE BOY AMOUNT 750 EOY AMOUNT 750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TYRESE GIBSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chariman
ReturnHeader/BusinessOfficerGrp/PhoneNum04702499190
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THELOVECIRCLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0THEL
ReturnHeader/Filer/EIN0471119980
ReturnHeader/Filer/PhoneNum04702499190
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O 2870 PEACHTREE RD NW STE 478
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030305
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810692856
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUSY BEE ACCOUNTING SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02870 PEACHTREE RD NW STE 478
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030305
ReturnHeader/PreparerPersonGrp/PhoneNum04702499190
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRANDI HILLS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-30T22:40:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TYRESE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GIBSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings