Civic Intelligence

Loveloud Foundation

990 • Fiscal year 2022 • EIN 82-2274937

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 04, 2023

420 Lexington Ave 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

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

2022 filings • NTEE O • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.05x

Higher debt load relative to revenue than 54% of similar nonprofits.

2022 filings • NTEE O • $500k-$1M nonprofits • Source year 2022

Net Margin

2nd percentile

-317%

Higher net margin than 2% of similar nonprofits.

2022 filings • NTEE O • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • NTEE O • $500k-$1M nonprofits • Source year 2022

Asset Growth

1st percentile

-65%

Faster asset growth than 1% of similar nonprofits.

2022 filings • NTEE O • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-80%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • NTEE O • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$513,480

Down $937,737 (-65%) from 2021

Net Assets

Down

$497,778

Down $947,887 (-66%) from 2021

Liabilities

Up

$15,702

Up $10,150 (+183%) from 2021

Revenue

Down

$298,616

Down $1,165,089 (-80%) from 2021

Expenses

Up

$1,246,504

Up $1,169,982 (+1529%) from 2021

Net Income

Down

-$947,888

Down $2,335,071 (-168%) from 2021

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

2022

Assets$513,480
Liabilities$15,702
Net Assets$497,778

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

2022

Revenue$298,616
Expenses$1,246,504
Net Income-$947,888
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 4, 2023
Return Version
2022v5.0
Gross Receipts
$325,680
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
Rtn Earn Endowment Incm Other Fnds$1,445,665$497,778▼ $947,887
Cash and Non-Interest-Bearing Accounts$1,445,940$493,480▼ $952,460
Prepaid Expenses and Deferred Charges-$20,000-
Inventories for Sale or Use$5,277$0▼ $5,277
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,451,217$513,480▼ $937,737
Liabilities
Other Liabilities$5,552$15,702▲ $10,150
Total Liabilities$5,552$15,702▲ $10,150
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,445,665$497,778▼ $947,887
Total Liabilities and Net Assets / Fund Balance$1,451,217$513,480▼ $937,737
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
$289,823
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$8,793
All Other Contributions
$289,823
Change in Net Assets
$-947,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$654,710
Grants and Similar Amounts Paid$493,930
Salaries, Compensation, and Employee Benefits$97,864
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$493,930--$493,930
Other Salaries and Wages-$90,682-$90,682
Office Expenses$7,723$2,664-$10,387
Payroll Taxes-$7,182-$7,182
Insurance-$3,101-$3,101
Fees for Services Other-$2,586-$2,586
Other Expenses$47,667$2,301-$2,301
Interest-$1,557-$1,557
All Other Expenses$570$719-$1,289
Advertising$909--$909
Total Functional Expenses$1,134,726$111,778$0$1,246,504
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Encirle Family Youth Resource CenterSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$75,000
Equility UtahSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$50,000
Human Rights CampaignWashington, DC501c(3)To Advance the Awareness of Lgbtq Community.$35,000
Mama DragonsSyracuse, NY501c(3)To Advance the Awareness of Lgbtq Community.$30,000
Utah Aids FoundationSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$30,000
Utah Pride CenterSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$28,750
GenderbandsOrem, UT501c(3)To Advance the Awareness of Lgbtq Community.$25,000
Glaad IncNew York, NY501c(3)To Advance the Awareness of Lgbtq Community.$25,000
Project ContrastWest Hollywood, CA501c(3)To Advance the Awareness of Lgbtq Community.$20,000
Flourish Therapy IncPayson, UT501c(3)To Advance the Awareness of Lgbtq Community.$15,000
The Out FoundationNew York, NY501c(3)To Advance the Awareness of Lgbtq Community.$15,000
Young EqualHenderson, NV501c(3)To Advance the Awareness of Lgbtq Community.$15,000
Gender Spectrum Charitable FundSan Leandro, CA501c(3)To Advance the Awareness of Lgbtq Community.$12,000
Fusion You IncMesa, AZ501c(3)To Advance the Awareness of Lgbtq Community.$10,000
Hitops IncPrinceton, NJ501c(3)To Advance the Awareness of Lgbtq Community.$10,000
Open BooksCulver City, CA501c(3)To Advance the Awareness of Lgbtq Community.$10,000
Point of PrideEugene, OR501c(3)To Advance the Awareness of Lgbtq Community.$10,000
American Foundation for Suicide PreventionNew York, NY501c(3)To Advance the Awareness of Lgbtq Community.$8,000
Ogden PrideOgden, UT501c(3)To Advance the Awareness of Lgbtq Community.$8,000
Project Rainbow UtahSalt Lake City, UT501c(3)To Advance the Awareness of Lgbtq Community.$7,000
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
Credit Cards$15,702
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 1756, NEW YORK, NY 10170

Signing Officer

Name
Daniel Reynolds
Title
Director
Phone
6462546920
Signed
2023-08-04
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
2
Volunteers
0

Preparer

Firm
Tribeca Business Management LLC
Address
420 LEXINGTON AVENUE SUITE 1756, NEW YORK, NY 10170
Preparer
Howard Krant
Phone
6462546920
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IRS990ScheduleA/PublicSupportCY509Pct00.90710
IRS990ScheduleA/PublicSupportPY509Pct00.91030
IRS990ScheduleA/PublicSupportTotal509Amt04996436
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0325440
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01090393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0368778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0552464
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02659361
IRS990ScheduleA/Total509Grp/TotalAmt04996436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0325440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01471039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0368778
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0552464
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02790363
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05508084
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/OtherLiabilitiesOrgGrp/Amt015702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt015702
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt08000
IRS990ScheduleI/RecipientTable/CashGrantAmt175000
IRS990ScheduleI/RecipientTable/CashGrantAmt250000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt512000
IRS990ScheduleI/RecipientTable/CashGrantAmt625000
IRS990ScheduleI/RecipientTable/CashGrantAmt725000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt935000
IRS990ScheduleI/RecipientTable/CashGrantAmt1030000
IRS990ScheduleI/RecipientTable/CashGrantAmt118000
IRS990ScheduleI/RecipientTable/CashGrantAmt1210000
IRS990ScheduleI/RecipientTable/CashGrantAmt1310000
IRS990ScheduleI/RecipientTable/CashGrantAmt1420000
IRS990ScheduleI/RecipientTable/CashGrantAmt157000
IRS990ScheduleI/RecipientTable/CashGrantAmt1615000
IRS990ScheduleI/RecipientTable/CashGrantAmt1730000
IRS990ScheduleI/RecipientTable/CashGrantAmt1828750
IRS990ScheduleI/RecipientTable/CashGrantAmt1915000
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/IRCSectionDesc15501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501C(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt150
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt160
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt170
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt180
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt190
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/PurposeOfGrantTxt16TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19TO ADVANCE THE AWARENESS OF LGBTQ COMMUNITY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN FOUNDATION FOR SUICIDE PREVENTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ENCIRLE FAMILY YOUTH RESOURCE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2EQUILITY UTAH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3FLOURISH THERAPY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4FUSION YOU INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5GENDER SPECTRUM CHARITABLE FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GENDERBANDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7GLAAD INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8HITOPS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9HUMAN RIGHTS CAMPAIGN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10MAMA DRAGONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11OGDEN PRIDE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12OPEN BOOKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13POINT OF PRIDE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14PROJECT CONTRAST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15PROJECT RAINBOW UTAH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16THE OUT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17UTAH AIDS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18UTAH PRIDE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19YOUNG EQUAL
IRS990ScheduleI/RecipientTable/RecipientEIN0133393329
IRS990ScheduleI/RecipientTable/RecipientEIN1812938209
IRS990ScheduleI/RecipientTable/RecipientEIN2841633002

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