Civic Intelligence

For Love of Children Inc

EIN 52-6064548 • 501(c)3 • Washington, DC

Profile

For love of children's (floc) mission is to provide educational services beyond the classroom to help students succeed from first grade through college and career. We bring together students, volunteers, families, and community partners in proven programs that teach, empower and transform.

1301 Pennsylvania Ave SEWashington, DC 20003

www.flocdc.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.62x

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

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

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

78th percentile

$133,132

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

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

Asset Growth

21st percentile

-6.3%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

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

Assets

Down

$3,561,000

Down $240,787 (-6.3%) from 2023

Liabilities

Down

$656,657

Down $167,945 (-20%) from 2023

Net Assets

Down

$2,904,343

Down $72,842 (-2.4%) from 2023

Revenue

Down

$1,067,220

Down $154,324 (-13%) from 2023

Expenses

Down

$1,347,455

Down $29,501 (-2.1%) from 2023

Net Income

Down

-$280,235

Down $124,823 (-80%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,666,273Liabilities 2011: $117,611Net Assets 2011: $1,548,6622011Assets 2012: $1,696,339Liabilities 2012: $119,584Net Assets 2012: $1,576,7552012Assets 2013: $1,770,242Liabilities 2013: $110,182Net Assets 2013: $1,660,0602013Assets 2014: $1,696,212Liabilities 2014: $140,082Net Assets 2014: $1,556,1302014Assets 2015: $1,636,602Liabilities 2015: $196,075Net Assets 2015: $1,440,5272015Assets 2016: $1,593,769Liabilities 2016: $129,756Net Assets 2016: $1,464,0132016Assets 2017: $1,582,406Liabilities 2017: $116,406Net Assets 2017: $1,466,0002017Assets 2018: $1,863,773Liabilities 2018: $428,694Net Assets 2018: $1,435,0792018Assets 2019: $1,767,519Liabilities 2019: $314,555Net Assets 2019: $1,452,9642019Assets 2020: $3,275,552Liabilities 2020: $412,966Net Assets 2020: $2,862,5862020Assets 2021: $3,203,981Liabilities 2021: $286,207Net Assets 2021: $2,917,7742021Assets 2022: $3,284,597Liabilities 2022: $223,313Net Assets 2022: $3,061,2842022Assets 2023: $3,801,787Liabilities 2023: $824,602Net Assets 2023: $2,977,1852023Assets 2024: $3,561,000Liabilities 2024: $656,657Net Assets 2024: $2,904,3432024

Highlighted filing

2024

Assets$3,561,000
Liabilities$656,657
Net Assets$2,904,343

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,475,010Expenses 2011: $1,661,685Net Income 2011: -$186,6752011Expenses 2012: $1,574,8482012Expenses 2013: $1,743,2582013Revenue 2014: $1,841,242Expenses 2014: $1,945,277Net Income 2014: -$104,0352014Revenue 2015: $2,037,901Expenses 2015: $2,073,078Net Income 2015: -$35,1772015Revenue 2016: $1,750,641Expenses 2016: $1,784,631Net Income 2016: -$33,9902016Revenue 2017: $1,764,895Expenses 2017: $1,826,443Net Income 2017: -$61,5482017Revenue 2018: $2,000,449Expenses 2018: $2,001,955Net Income 2018: -$1,5062018Revenue 2019: $1,864,345Expenses 2019: $1,861,328Net Income 2019: $3,0172019Revenue 2020: $3,062,702Expenses 2020: $1,674,835Net Income 2020: $1,387,8672020Revenue 2021: $1,656,550Expenses 2021: $1,719,445Net Income 2021: -$62,8952021Revenue 2022: $1,868,308Expenses 2022: $1,428,200Net Income 2022: $440,1082022Revenue 2023: $1,221,544Expenses 2023: $1,376,956Net Income 2023: -$155,4122023Revenue 2024: $1,067,220Expenses 2024: $1,347,455Net Income 2024: -$280,2352024

Highlighted filing

2024

Revenue$1,067,220
Expenses$1,347,455
Net Income-$280,235

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.66$2.90$1.07$1.35$0.28
2023Summary only. Only limited summary data is available for this year.$3.80$0.82$2.98$1.22$1.38$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.22$3.06$1.87$1.43$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$0.29$2.92$1.66$1.72$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.41$2.86$3.06$1.67$1.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.31$1.45$1.86$1.86$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.43$1.44$2.00$2.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.12$1.47$1.76$1.83$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.59$0.13$1.46$1.75$1.78$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.64$0.20$1.44$2.04$2.07$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.70$0.14$1.56$1.84$1.95$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.11$1.66$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.12$1.58$1.57
2011Summary only. Only limited summary data is available for this year.$1.67$0.12$1.55$1.48$1.66$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,253,526
Mission and Program Overview

Mission

For Love of Children's (FLOC) mission is to provide educational services beyond the classroom to help students succeed from first grade through college and career. We bring together students, volunteers, families, and community partners in proven programs that teach, empower and transform.

To teach, empower, and transform children to become contributing members of their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,195,685$1,375,365▲ $179,680
Land, Buildings, and Equipment, Net$1,135,483$1,165,105▲ $29,622
Cash and Non-Interest-Bearing Accounts$786,490$432,064▼ $354,426
Prepaid Expenses and Deferred Charges$8,086$52,446▲ $44,360
Pledges and Grants Receivable-$35,000-
Savings and Temporary Cash Investments$4,235$5,050▲ $815
Total Assets$3,801,787$3,561,000▼ $240,787
Other Assets Total$671,808$495,970▼ $175,838
Liabilities
Other Liabilities$815,945$623,271▼ $192,674
Accounts Payable and Accrued Expenses$8,657$33,386▲ $24,729
Total Liabilities$824,602$656,657▼ $167,945
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,699,477$1,592,247▼ $107,230
Net Assets Without Donor Restrictions$1,277,708$1,312,096▲ $34,388
Total Net Assets Fund Balance$2,977,185$2,904,343▼ $72,842
Total Liabilities and Net Assets / Fund Balance$3,801,787$3,561,000▼ $240,787

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$680,159$76,458$756,617
Land$466,700-$466,700
Leasehold Improvements$18,246$46,916$65,162
Equipment$0$47,230$47,230
Other Assets Org$480,355--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$246,895-▲ $55,815$2,710$300,000
2022$213,570-▲ $33,325-$246,895
2021$300,000-▼ $86,430-$213,570
2020$300,000-▲ $15,316$15,316$300,000
2019$300,000-▲ $28,968$28,968$300,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latoya ClarkExecutive DirectorFT$121,480$11,652$133,132
Trynita RomeoDirector of Strategic PartnershipsFT$100,011$14,577$114,588

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,069,088
Program Service Revenue
$0
Investment Income
$-3,495
Other Revenue
$1,627
All Other Contributions
$948,804
Change in Net Assets
$-280,235

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,067,220
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$336,650
Total Revenue per Audited Statements
$1,403,870
Total Revenue per Form 990
$1,067,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$707,102
Salaries, Compensation, and Employee Benefits$585,583
Total Fundraising Expense$147,650
Grants and Similar Amounts Paid$54,770
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$252,607$75,976$27,352$355,935
Occupancy$207,176$62,311$22,433$291,920
Fees for Services Other$119,308$7,363$64,754$191,425
Current Officers, Directors, Trustees, and Key Employees$94,473$28,414$10,230$133,117
Fees for Services Accounting-$68,214-$68,214
Grants to Domestic Individuals$54,770--$54,770
Payroll Taxes$32,288$9,711$3,496$45,495
Insurance$31,266$9,403$3,385$44,054
Other Employee Benefits$29,021$8,729$3,142$40,892
Depreciation Depletion$18,101$5,444$1,960$25,505
Pension Plan Contributions$7,199$2,165$780$10,144
Office Expenses$7,997$58$39$8,094
Conferences and Meetings$7,608--$7,608
All Other Expenses$4,967$1,049$757$6,773
Other Expenses$6,437$0$0$6,437
Information Technology$4,320$251-$4,571
Travel$3,109$8$737$3,854
Advertising$1,244$7-$1,251
Total Functional Expenses$914,736$285,069$147,650$1,347,455

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,433,915
Expenses per Audited Statements$1,347,455
Total Expenses per Form 990$1,347,455
Expenses Not Reported on Form 990$86,460
Expenses Not Reported on Financial Statements$0
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
Operating Lease Liability$584,148
Accrued Salaries and Benefits$28,623
Scholarships Payable$10,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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

It is the policy of floc that the board of directors review a draft version of the federal form 990, which is to be filed on floc's behalf, within ten days prior to being filed with the internal revenue service. The means of delivery shall be via email to each boards member's email address, calling attention to portions of the form most likely to be read by the public and funders on guidestar. Comments and/or corrections are strongly encouraged. The board of directors resolution is not required in order for the federal form 990 to be filed. The approved public disclosure copy of the federal form 990 will be available for viewing by the general public on floc's website.

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

Floc's board of directors are required to certify their agreement with the policy and disclosure of any known conflicts of interest upon election to the board of directors and annual re-certification thereafter. The board president is responsible for monitoring and enforcing the certifications. The board of directors will determine the seriousness of the conflict of interest and the range of possible mitigation options should a conflict of interest arise. The board memeber involved in the conflict should refrain from participating in discussions and voting on the matter. Whenever any employee or volunteer has a conflict of interest or a percieved conflict of interest with floc, he/she shall notify the executive director of such conflict in writing, as soon as such conflict becomes known. As administered by the employee in charge of human resources, each senior staff member will be asked to complete a certification of agreement with the policy and disclose any known conflicts of interest upon his/her employment and/on an annual basis thereafter.

Form 990, Part VI, Section C, Line 19

Floc publishes audited financial statments in the annual report which is distributed to donors and available at www.floc.org governing documents are routinely shared with the foundations and other donors. The federal form 990 is available at www.guidestar.org. In addition, the financial statements, governing documents and federal form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
For Love of Children
EIN
52-6064548
Phone
2024628686
Address
1301 PENNSYLVANIA AVE SE, WASHINGTON, DC 20003

Signing Officer

Name
Latoya Clark
Title
Executive Director
Phone
2024628686
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latoya Clark
Formed
1965
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
23
Volunteers
168

Preparer

Firm
Gross Mendelsohn & Associates Pa
Address
1801 PORTER STREET SUITE 500, BALTIMORE, MD 21230
Preparer
Marie C Calabrese
Phone
4106855512
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Development & management consulting: program service expenses 109,460. Management and general expenses 0. Fundraising expenses 59,409. Total expenses 168,869. Payroll services: program service expenses 2,507. Management and general expenses 0. Fundraising expenses 1,361. Total expenses 3,868. Information technology: program service expenses 3,306. Management and general expenses 1,883. Fundraising expenses 1,794. Total expenses 6,983. Photography: program service expenses 236. Management and general expenses 321. Fundraising expenses 128. Total expenses 685. Professional fees: program service expenses 3,799. Management and general expenses 5,159. Fundraising expenses 2,062. Total expenses 11,020.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes under internal revenue code 501(c)(3). Income that is not related to exempt purposes, less applicable deductions, is subject to federal and state income taxes. The organization had no unrelated business income for the year ended september 30, 2024. Accordingly, no provision for income taxes is reflected in these financial statements. The organization's federal exempt tax returns are subject to examination by the internal revenue service, generally for a period of three years after the returns are filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Loss on sale of fixed assets

Sale of Fixed Asset

The sale of fixed assets was classified as contra-expenses in the audited financial statements. The sale of fixed assets which totaled $42,797 for the year-ended september 30, 2024 has been reclassified to revenue on this return.

Raw XML AppendixShowing 400 of 533 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.

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IRS990/Desc0IN THE 2023-2024 PROGRAM YEAR, FLOC SERVED 242 UNDUPLICATED STUDENTS ACROSS OUR PROGRAMS (I.E., ONE STUDENT ENROLLED IN BOTH MATH AND READING THROUGH TUTORING WOULD BE CONSIDERED ONE STUDENT ALTHOUGH THEY PARTICIPATED IN TWO PROGRAMS). 100% OF OUR STUDENTS HAVE GRADUATED FROM HIGH SCHOOL ON TIME. 100% OF MATH AND LITERACY STUDENTS IMPROVED THEIR EFFICIENCY BY AT LEAST HALF A GRADE LEVEL AFTER 56 HOURS OF TUTORING. WE ARE PLEASED TO HAVE AWARDED $54,770 IN SCHOLARSHIPS TO FLOC'S POST-SECONDARY STUDENTS. EIGHT OUT OF TEN STUDENTS INCREASED THEIR VOCABULARIES OVER SIX WEEKS OF SUMMER CAMP. AT FLOC, WE FOCUS ON MORE THAN JUST TUTORING INTERVENTION. WE ALSO WANT TO SET OUR STUDENTS UP FOR SUCCESS OUTSIDE THE CLASSROOM AND INSPIRE THEM TO GO AFTER THEIR DREAMS, NO MATTER WHAT PATH THEY CHOOSE.
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