Civic Intelligence

Love House Learning Academy

990EZ • Fiscal year 2020 • EIN 82-5305685

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 07, 2021

P O Box 4132Beaufort, SC 29903

(843) 476-1580

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

26th percentile

-13%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$45,829

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 35.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

12th percentile

-35%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-57%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$31,118

Down $16,903 (-35%) from 2019

Net Assets

Down

$31,118

Down $16,903 (-35%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$129,944

Down $168,797 (-57%) from 2019

Expenses

Down

$146,847

Down $159,591 (-52%) from 2019

Net Income

Down

-$16,903

Down $9,206 (-120%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2018: $22,317Liabilities 2018: $0Net Assets 2018: $22,3172018Assets 2019: $48,021Liabilities 2019: $0Net Assets 2019: $48,0212019Assets 2020: $31,118Liabilities 2020: $0Net Assets 2020: $31,1182020Assets 2021: $171,172Liabilities 2021: $0Net Assets 2021: $171,1722021Assets 2022: $346,734Liabilities 2022: $1,563Net Assets 2022: $345,1712022Assets 2023: $301,008Liabilities 2023: $719Net Assets 2023: $300,2892023Assets 2024: $262,851Liabilities 2024: $135Net Assets 2024: $262,7162024

Highlighted filing

2020

Assets$31,118
Liabilities$0
Net Assets$31,118

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $239,269Expenses 2018: $216,952Net Income 2018: $22,3172018Revenue 2019: $298,741Expenses 2019: $306,438Net Income 2019: -$7,6972019Revenue 2020: $129,944Expenses 2020: $146,847Net Income 2020: -$16,9032020Revenue 2021: $297,717Expenses 2021: $157,663Net Income 2021: $140,0542021Revenue 2022: $402,768Expenses 2022: $228,769Net Income 2022: $173,9992022Revenue 2023: $164,606Expenses 2023: $209,490Net Income 2023: -$44,8842023Revenue 2024: $200,949Expenses 2024: $238,522Net Income 2024: -$37,5732024

Highlighted filing

2020

Revenue$129,944
Expenses$146,847
Net Income-$16,903
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 7, 2021
Return Version
2020v4.0
Gross Receipts
$129,944
Mission and Program Overview

Mission

The mission of Love House Learning Academy is to reduce the number of children who may be undernourished; to prevent child abuse, neglect and abandonment, improve conduct and behavior self-awareness, develop social and interpersonal skills, all within a learning environment. The program creates an affordable place for children to be cared for and mentored, while developing relationships. We recognize that children who are closely monitored in a loving environment often get less involved with endangered activities and have a greater sense of self-worth. Love House Learning Academy also offers programs for seniors. The mission of the seniors program is to enable individuals to continue being an integral part of their community while maintaining a healthy lifestyle in mind, body, and soul. The goal is to develop creativity, produce new life styles, reduce depression, extend long life and create a place where new relationships can be developed everyday through simple adventures.

Program Services

DescriptionGrantsExpenses
Love House Learning Academy has used its programs to reduce the number of children who may be undernourished; to prevent child abuse, neglect and abandonment, improve conduct and behavior self-awareness, develop social and interpersonal skills, all within a learning environment. The program has created an affordable place for children to be cared for and mentored, while developing relationships. Love House Learning Academy's seniors program has enabled individuals to continue being an integral part of their community while maintaining a healthy lifestyle in mind, body, and soul.$114,861-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theresa RobertsDirectorFT$45,829-$45,829
Davina ColemanSecretary-$0--
Jamie SingletonPresident-$0--
Tamekia JudgeCFO-$0--
Angela McCordDirector-$0--
Howard MufukaDirector-$0--
Randy RobertsDirector-$0--
Maxine SmallsDirector-$0--
Filing and Contact Details

Filer

Filer Name
Love House Learning Academy
EIN
82-5305685
Phone
8434761580
Address
P O Box 4132, Beaufort, SC 29903

Signing Officer

Name
Theresa Roberts
Title
Director
Signed
2021-06-07
Discuss with paid preparer
Yes

Preparer

Firm
Mims McDuff & Wood PA
Address
PO Box 806, Beaufort, SC 29901
Preparer
Ann A McDuff CPA
Phone
8435247503
Supplemental Narrative

Additional Explanations

Other Revenue.1

Miscellaneous Income $222

Other Expenses.1001

Advertising and Promotion $100

Other Expenses.1002

Office Expenses $559

Other Expenses.1008

Interest $323

Other Expenses.1009

Depreciation $6072

Other Expenses.1012

Insurance $9119

Other Expenses.1

Supplies $6348

Other Expenses.2

Auto Expenses $3493

Other Expenses.3

Payroll Processing Fees $3133

Other Expenses.4

Customer Refunds $3019

Other Expenses.5

Computer and Internet Expense $896

Other Expenses.6

Merchant Fees $605

Other Expenses.7

Seniors Activities Expenses $485

Other Expenses.8

Repairs & Maintenance $279

Other Expenses.9

Gifts and Awards $75

Other Expenses.10

Pre-Employment Expenses $32

Other Expenses.11

Taxes $1

Other Assets.1003

Machinery and Equipment - Beginning $21258 Machinery and Equipment - Ending $15186

Other Assets.1005

Accounts Receivable - Beginning $16156 Accounts Receivable - Ending $6099

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