Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Grandmas Love Inc.
EIN 47-3474258 • 501(c)3 • Brooklyn, NY
Pub. 78 Eligible990-N CoverageNTEE K30
Profile
Mobilize communities, individuals and resources to ensure children at risk of hunger with food and books to grow into healthy, happy and active children emotionally, physically and educationally.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.21x
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 20.9% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Down$36,763
Down $7,515 (-17%) from 2023
Liabilities
Down$7,605
Down $5,186 (-41%) from 2023
Net Assets
Down$29,158
Down $2,329 (-7.4%) from 2023
Revenue
Down$62,253
Down $74,687 (-55%) from 2023
Expenses
Down$64,582
Down $88,149 (-58%) from 2023
Net Income
Up-$2,329
Up $13,462 (+85%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $36,763
- Liabilities
- $7,605
- Net assets
- $29,158
- Revenue
- $62,253
- Expenses
- $64,582
- Net income
- -$2,329
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Jun 30, 2024
- Signed
- May 13, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $78,842
Mission and Program Overview
Mission
Mobilize communities, individuals and resources to ensure children at risk of hunger with food and books to grow into healthy, happy and active children emotionally, physically and educationally.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Grandma's Love, Inc. has had an extremely productive year with service. We have expanded our schools to service more families and have a total of 7 book vending machines with 3 more scheduled for the upcoming school year. Our total number of families rounds up to approx 20,000 meals per school year. | - | $64,582 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| THERESA MONFORTE-CARABALLO | Executive Director | FT | $13,000 | - | $13,000 |
| JANE PARMEL | Chairman | PT | $0 | - | - |
| PATRYCJA MAROCOLA | Treasurer | PT | $0 | - | - |
| MARIA TRIVEDI | Secretary | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Ticket Sales | $27,155 | $27,155 | $16,589 | $10,566 |
| Total Events | $27,155 | $27,155 | $16,589 | $10,566 |
Filing and Contact Details
Filer
- Filer Name
- Grandmas Love Inc
- EIN
- 47-3474258
- Phone
- 3476626230
- Address
- 261 68TH STREET, BROOKLYN, NY 11220
Signing Officer
- Name
- Theresa Monforte-caraballo
- Title
- Executive Director
- Signed
- 2025-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Coscia & Amsterdam
- Address
- 8714 3RD AVE, BROOKLYN, NY 11209
- Preparer
- Jason Amsterdam
- Phone
- 7182380050
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $396”
Other Expenses.1002
“Office Expenses $1627”
Other Expenses.1005
“Travel $1709”
Other Expenses.1008
“Interest $589”
Other Expenses.1009
“Depreciation $2023”
Other Expenses.1012
“Insurance $6533”
Other Expenses.1
“PROGRAM EXPENSES $4573”
Other Expenses.2
“MISCELLANEOUS $26”
Other Assets.1003
“Machinery and Equipment - Beginning $10192 Machinery and Equipment - Ending $27339”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $8370 Prepaid Expenses and Deferred Charges - Ending $4185”
Total Liabilities.1003
“Deferred Revenue - Beginning $5000 Deferred Revenue - Ending $0”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $3000 Payable to Officers, Directors, Etc. - Ending $2917”
Total Liabilities.1008
“Unsecured Notes and Loans Payable - Beginning $4791 Unsecured Notes and Loans Payable - Ending $4688”
Raw XML Appendix174 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Theresa Monforte-Caraballo |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3476626230 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 261 68TH STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BROOKLYN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 112205208 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 25716 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 5239 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 51687 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2329 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1511 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 44278 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 36763 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 27155 |
| IRS990EZ/GrossReceiptsAmt | 0 | 78842 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31487 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 29158 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31487 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 29158 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6441 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 35.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 13000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | THERESA MONFORTE-CARABALLO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JANE PARMEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PATRYCJA MAROCOLA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARIA TRIVEDI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 18562 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 31524 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 17476 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | MOBILIZE COMMUNITIES, INDIVIDUALS AND RESOURCES TO ENSURE CHILDREN AT RISK OF HUNGER WITH FOOD AND BOOKS TO GROW INTO HEALTHY, HAPPY AND ACTIVE CHILDREN EMOTIONALLY, PHYSICALLY AND EDUCATIONALLY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 5 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Grandma's Love, Inc. has had an extremely productive year with service. We have expanded our schools to service more families and have a total of 7 book vending machines with 3 more scheduled for the upcoming school year. Our total number of families rounds up to approx 20,000 meals per school year. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 64582 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 39149 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 16589 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 10566 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 12791 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7605 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 64582 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 64582 |
| IRS990EZ/TotalRevenueAmt | 0 | 62253 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.grandmasloveinc.org/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 61687 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 137832 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 153860 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55563 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 93008 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 501950 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 501950 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 61687 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 137832 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 153860 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55563 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 93008 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 501950 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 501950 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 16589 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | TICKET SALES |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 27155 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 27155 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 27155 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 27155 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 10566 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 16589 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 16589 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $396 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $1627 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $1709 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Interest $589 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Depreciation $2023 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Insurance $6533 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PROGRAM EXPENSES $4573 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MISCELLANEOUS $26 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Machinery and Equipment - Beginning $10192 Machinery and Equipment - Ending $27339 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Prepaid Expenses and Deferred Charges - Beginning $8370 Prepaid Expenses and Deferred Charges - Ending $4185 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Deferred Revenue - Beginning $5000 Deferred Revenue - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Payable to Officers, Directors, Etc. - Beginning $3000 Payable to Officers, Directors, Etc. - Ending $2917 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Unsecured Notes and Loans Payable - Beginning $4791 Unsecured Notes and Loans Payable - Ending $4688 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1008 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THERESA MONFORTE-CARABALLO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRANDMAS LOVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAN |
| ReturnHeader/Filer/EIN | 0 | 473474258 |
| ReturnHeader/Filer/PhoneNum | 0 | 3476626230 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 261 68TH STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BROOKLYN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11220 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 116227149 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COSCIA & AMSTERDAM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8714 3RD AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BROOKLYN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11209 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7182380050 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASON AMSTERDAM |
| ReturnHeader/ReturnTs | 0 | 2025-05-13T09:57:51-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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