Civic Intelligence

Loveloud Foundation

990 • Fiscal year 2020 • EIN 82-2274937

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 10, 2021

420 Lexington Ave No 1756New York, NY 10170

(646) 254-6920

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Net Margin

8th percentile

-128%

Higher net margin than 8% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Asset Growth

3rd percentile

-88%

Faster asset growth than 3% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-79%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$59,031

Down $433,971 (-88%) from 2019

Net Assets

Down

$58,482

Down $429,519 (-88%) from 2019

Liabilities

Down

$549

Down $4,452 (-89%) from 2019

Revenue

Down

$335,703

Down $1,250,359 (-79%) from 2019

Expenses

Down

$765,222

Down $1,366,236 (-64%) from 2019

Net Income

Up

-$429,519

Up $115,877 (+21%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $1,090,158Liabilities 2018: $3,117Net Assets 2018: $1,087,0412018Assets 2019: $493,002Liabilities 2019: $5,001Net Assets 2019: $488,0012019Assets 2020: $59,031Liabilities 2020: $549Net Assets 2020: $58,4822020Assets 2021: $1,451,217Liabilities 2021: $5,552Net Assets 2021: $1,445,6652021Assets 2022: $513,480Liabilities 2022: $15,702Net Assets 2022: $497,7782022Assets 2024: $533,906Liabilities 2024: $28,391Net Assets 2024: $505,5152024

Highlighted filing

2020

Assets$59,031
Liabilities$549
Net Assets$58,482

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $2,790,363Expenses 2018: $1,823,947Net Income 2018: $966,4162018Revenue 2019: $1,586,062Expenses 2019: $2,131,458Net Income 2019: -$545,3962019Revenue 2020: $335,703Expenses 2020: $765,222Net Income 2020: -$429,5192020Revenue 2021: $1,463,705Expenses 2021: $76,522Net Income 2021: $1,387,1832021Revenue 2022: $298,616Expenses 2022: $1,246,504Net Income 2022: -$947,8882022Revenue 2024: $701,278Expenses 2024: $946,659Net Income 2024: -$245,3812024

Highlighted filing

2020

Revenue$335,703
Expenses$765,222
Net Income-$429,519
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 10, 2021
Return Version
2020v4.1
Gross Receipts
$368,778
Mission and Program Overview

Mission

To ignite the vital conversation about what it means to love, understand and accept and support our lgbtq+ friends and family.

To ignite the vital conversation about what it means to love, understand, accept and support our lgbtq+ friends and family

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$493,002$59,031▼ $433,971
Rtn Earn Endowment Incm Other Fnds$488,001$58,482▼ $429,519
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$493,002$59,031▼ $433,971
Liabilities
Other Liabilities$5,001$549▼ $4,452
Total Liabilities$5,001$549▼ $4,452
Net Assets / Fund Balance
Total Net Assets Fund Balance$488,001$58,482▼ $429,519
Total Liabilities and Net Assets / Fund Balance$493,002$59,031▼ $433,971
Compensation and Service Providers

Board Members and Trustees

NameTitle
Corrie MartinFestival Chair
Daniel ReynoldsPresident
Tyler GlenVice Chair
Aja VolkmmanBoard Member
Anthony RamosBoard Member
Carmen CarreraBoard Member
Evan LambergBoard Member
Stephanie LarsenBoard Member
Tegan QuinBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$329,222
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$6,481
All Other Contributions
$329,222
Change in Net Assets
$-429,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$463,500
Other Expenses$244,307
Salaries, Compensation, and Employee Benefits$57,415
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$463,500--$463,500
Fees for Services Other-$151,035-$151,035
Fees for Services Management-$83,288-$83,288
Other Salaries and Wages-$53,210-$53,210
Payroll Taxes-$4,205-$4,205
Insurance-$2,964-$2,964
Travel-$2,559-$2,559
Office Expenses-$1,658-$1,658
Other Expenses-$663-$663
Advertising-$626-$626
Total Functional Expenses$463,500$301,722$0$765,222
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Encirle Family Youth Resource CenterSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$150,000
The Trevor ProjectWest Hollywood, CA501c(3)To Advance the Awareness of Lgbtq Community.$150,000
Human Rights CampaignWashington, DC501c(3)To Advance the Awareness of Lgbtq Community.$35,000
Equility UtahSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$22,500
Mama DragonsSyracuse, NY501c(3)To Advance the Awareness of Lgbtq Community.$20,000
GenderbandsOrem, UT501c(3)To Advance the Awareness of Lgbtq Community.$12,500
Utah Pride CenterSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$12,500
Project ContrastWest Hollywood, CA501c(3)To Advance the Awareness of Lgbtq Community.$10,000
Utah Aids FoundationSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$10,000
Ogden PrideOgden, UT501c(3)To Advance the Awareness of Lgbtq Community.$7,500
University of UtahSalt Lake City, UT-To Advance the Awareness of Lgbtq Community$7,500
American Foundation for Suicide PreventionNew York, NY501c(3)To Advance the Awareness of Lgbtq Community.$6,000
GlsenNew York, NY501c(3)To Advance the Awareness of Lgbtq Community.$6,000
Salt Lake City PflagLehi, UT501c(3)To Advance the Awareness of Lgbtq Community.$6,000
The Out FoundationNew York, NY501c(3)To Advance the Awareness of Lgbtq Community.$5,000
AffirmationSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$3,000
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
Accrued Credit Cards$549
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

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

Part vi, section b, line 11b: no review was or will be conducted by the board. The return is preared by an outside cpa with information provided by the directors.

Form 990, Part VI, Section C, Line 19

All information available upon request

Filing and Contact Details

Filer

Filer Name
Loveloud Foundation
EIN
82-2274937
Phone
6462546920
Address
420 LEXINGTON AVE NO 1756, NEW YORK, NY 10170

Signing Officer

Name
Daniel Reynolds
Title
Director
Phone
6462546920
Signed
2021-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Reynolds
Formed
2017
Legal Domicile
Ut
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Tribeca Business Management LLC
Address
420 LEXINGTON AVENUE SUITE 1756, NEW YORK, NY 10170
Preparer
Howard Krant
Phone
6462546920
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 0. Management and general expenses 150000. Fundraising expenses 0. Total expenses 150000. Payroll service fees: program service expenses 0. Management and general expenses 346. Fundraising expenses 0. Total expenses 346. Licenses and fees: program service expenses 0. Management and general expenses 689. Fundraising expenses 0. Total expenses 689.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0549
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED CREDIT CARDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0549
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/CashGrantAmt13000
IRS990ScheduleI/RecipientTable/CashGrantAmt26000
IRS990ScheduleI/RecipientTable/CashGrantAmt3150000
IRS990ScheduleI/RecipientTable/CashGrantAmt422500
IRS990ScheduleI/RecipientTable/CashGrantAmt512500
IRS990ScheduleI/RecipientTable/CashGrantAmt66000
IRS990ScheduleI/RecipientTable/CashGrantAmt735000
IRS990ScheduleI/RecipientTable/CashGrantAmt820000
IRS990ScheduleI/RecipientTable/CashGrantAmt97500
IRS990ScheduleI/RecipientTable/CashGrantAmt1010000
IRS990ScheduleI/RecipientTable/CashGrantAmt116000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt1310000
IRS990ScheduleI/RecipientTable/CashGrantAmt1412500
IRS990ScheduleI/RecipientTable/CashGrantAmt157500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501C(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE TREVOR PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1AFFIRMATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2AMERICAN FOUNDATION FOR SUICIDE PREVENTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ENCIRLE FAMILY YOUTH RESOURCE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4EQUILITY UTAH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5GENDERBANDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GLSEN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HUMAN RIGHTS CAMPAIGN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8MAMA DRAGONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9OGDEN PRIDE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10PROJECT CONTRAST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11SALT LAKE CITY PFLAG
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12THE OUT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13UTAH AIDS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14UTAH PRIDE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15UNIVERSITY OF UTAH
IRS990ScheduleI/RecipientTable/RecipientEIN0954681287
IRS990ScheduleI/RecipientTable/RecipientEIN1954298774
IRS990ScheduleI/RecipientTable/RecipientEIN2133393329
IRS990ScheduleI/RecipientTable/RecipientEIN3812938209
IRS990ScheduleI/RecipientTable/RecipientEIN4841633002
IRS990ScheduleI/RecipientTable/RecipientEIN5814259877
IRS990ScheduleI/RecipientTable/RecipientEIN6043234202
IRS990ScheduleI/RecipientTable/RecipientEIN7521243457
IRS990ScheduleI/RecipientTable/RecipientEIN8825393053
IRS990ScheduleI/RecipientTable/RecipientEIN9480953232
IRS990ScheduleI/RecipientTable/RecipientEIN10822459354
IRS990ScheduleI/RecipientTable/RecipientEIN11953750694
IRS990ScheduleI/RecipientTable/RecipientEIN12822606139
IRS990ScheduleI/RecipientTable/RecipientEIN13870455172
IRS990ScheduleI/RecipientTable/RecipientEIN14870504077
IRS990ScheduleI/RecipientTable/RecipientEIN15876000525
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 69232
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1299 S MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2199 WATER STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3331 S 600 E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4175 W 200 ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt551 W CENTER ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6110 WILLAIM ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71640 RHODE ISLAND AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt81996 ALLISON WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9PO BOX 13353
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt108605 SANTA MONICA BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt112967 N 600E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12387 PARK AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt131408 S 1100 E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14PO BOX 1078
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15JARED HAFEN 1408 S 1100E
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WEST HOLLYWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm5OREM
IRS990ScheduleI/RecipientTable/USAddress/CityNm6NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm7WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm8SYRACUSE
IRS990ScheduleI/RecipientTable/USAddress/CityNm9OGDEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm10WEST HOLLYWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm11LEHI
IRS990ScheduleI/RecipientTable/USAddress/CityNm12NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm13SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm14SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm15SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd13UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd14UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd15UT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090069

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