Civic Intelligence

Love Inc of Albuquerque

EIN 85-0476239 • 501(c)3 • Albuquerque, NM

Profile

The mission of love inc of albuquerque is to mobilize local churches to transform lives and communities in the name of christ.

8001 Mountain Rd Place NEAlbuquerque, NM 87110

www.loveincabq.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2018

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$35,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

-9.4%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $23,259 (-100%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $19,487 (-100%) from 2017

Revenue

Down

$120,383

Down $12,551 (-9.4%) from 2017

Expenses

Up

$139,873

Up $16,012 (+13%) from 2017

Net Income

Down

-$19,490

Down $28,563 (-315%) from 2017

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $77,343Liabilities 2011: $2,994Net Assets 2011: $74,3492011Assets 2012: $39,895Liabilities 2012: $2,5012012Assets 2013: $35,247Liabilities 2013: $1,440Net Assets 2013: $33,8072013Assets 2014: $24,379Liabilities 2014: $5,197Net Assets 2014: $19,1822014Assets 2015: $16,210Liabilities 2015: $1,1062015Assets 2016: $12,712Liabilities 2016: $2,299Net Assets 2016: $10,4132016Assets 2017: $23,259Liabilities 2017: $3,772Net Assets 2017: $19,4872017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $185,312Expenses 2011: $195,125Net Income 2011: -$9,8132011Revenue 2012: $160,639Expenses 2012: $197,594Net Income 2012: -$36,9552012Revenue 2013: $150,521Expenses 2013: $154,108Net Income 2013: -$3,5872013Revenue 2014: $140,337Expenses 2014: $154,963Net Income 2014: -$14,6262014Revenue 2015: $128,293Expenses 2015: $132,372Net Income 2015: -$4,0792015Revenue 2016: $109,660Expenses 2016: $114,351Net Income 2016: -$4,6912016Revenue 2017: $132,934Expenses 2017: $123,861Net Income 2017: $9,0732017Revenue 2018: $120,383Expenses 2018: $139,873Net Income 2018: -$19,4902018

Highlighted filing

2018

Revenue$120,383
Expenses$139,873
Net Income-$19,490

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Nov 16, 2018
Return Version
2017v2.3
Gross Receipts
$120,383
Mission and Program Overview

Mission

The mission of love inc of albuquerque is to mobilize local churches to transform lives and communities in the name of christ.

Program Services

DescriptionGrantsExpenses
LOVE INC OF ALBUQUERQUE CONNECTS CHURCHES AND COMMUNITY. THERE ARE MANY INDIVIDUALS AND FAMILIES IN NEED OF HELP AND IT CAN BE VERY CONFUSING TO FIND APPROPRIATE RESOURCES. LOVE INC UTILIZES A HELP LINE WHERE PEOPLE CAN CALL ONE PHONE NUMBER AND GET CONNECTED TO MULTIPLE RESOURCES. THROUGH A UNIQUE PROCESS THAT INCLUDES A HOME VISIT TO MAKE SURE NEEDS ARE LEGITIMATE, LOVE INC HELPED OVER 750 INDIVIDUALS AND FAMILIES LAST YEAR. LOVE INC ALSO IDENTIFIED AREAS WHERE RESOURCES ARE NOT AVAILABLE. THIS IS IDENTIFIED AS A GAP IN OUR COMMUNITY AND LOVE INC MOBILIZES LOCAL CHURCHES TO FILL THESE GAPS. HOME REPAIR, AUTO REPAIR, AND MONEY MANAGEMENT SERVICES FOR LOW INCOMES FAMILIES BECAME AVAILABLE FOR THOSE IN NEED. COMMUNITY CHURCHES ARE WORKING TOGETHER THROUGH LOVE INC OF ALBUQUERQUE TO REDUCE DUPLICATION OF SERVICES AND TO PROVIDE ADDITIONAL RESOURCES TO HELP PEOPLE IN THE ALBUQUERQUE AREA.-$94,449
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BIRGA ALDENExecutive DiFT$35,000-$35,000
CAROL COLEChair-$0--
ROBIN TROYVice Chair-$0--
YVONNE LARASecretary-$0--
STEVEN DENNINGTreasurer-$0--
RICK WHITEDirector-$0--
TOMMY WOODALLDirector-$0--
LOUIS ROSEDirector-$0--
LAUREN RATLIFFDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$15,654$15,654-$15,654
Total Events$15,654$15,654-$15,654
Filing and Contact Details

Filer

Filer Name
Love Inc of Albuquerque
EIN
85-0476239
Phone
5052555683
Address
8001 MOUNTAIN RD PLACE NE, ALBUQUERQUE, NM 87110

Signing Officer

Name
Birga Alden
Title
Executive Director
Phone
5052555683
Signed
2018-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Moye Waters and Associates
Address
3311 CANDELARIA NE SUITE J, ALBUQUERQUE, NM 87107-1952
Preparer
Ollie D Waters
Phone
5052600616
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Non-inventory sales - gross 6,246 gain on sale of asset 451 salvage revenue 192 miscellaneous revenue 170 miscellaneous 61 total 7,120

Form 990-ez, Part I, Line 16

Expenses office expense 716 telephone 4,653 travel & meetings 2,015 travel 693 conferences & conventions 16 insurance 3,735 auto expense 1,473 bank fees 5 bookes, subscriptions, re 220 business reg fees 10 donation 4,375 fundraising expenses 3,103 member dues 2,836 security 767 supplies 1,554 volunteer & staff develop 189 volunteer appreciation 605 donation fees 160 donated other svcs-non-ga 35 donated materials & suppl 263 equipment rental & maint. 160 donated facilities 6,000 incentives 7 marketing 427 licenses and permits 10 computer supplies 663 total 34,690

Form 990-ez, Part II, Line 24

Inventories for sale or use 500 0 20,126 20,126 less accumulated depreciation 20,126 20,126 utility deposits 1,356 0 total 1,856 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,769 0

Form 990-ez, Part III

The mission of love inc of albuquerque is to mobilize local churches to transform lives and communities in the name of christ.

Form 990-ez, Part III, Line 28

Love inc of albuquerque connects churches and community. There are many individuals and families in need of help and it can be very confusing to find appropriate resources. Love inc utilizes a help line where people can call one phone number and get connected to multiple resources. Through a unique process that includes a home visit to make sure needs are legitimate, love inc helped over 750 individuals and families last year. Love inc also identified areas where resources are not available. This is identified as a gap in our community and love inc mobilizes local churches to fill these gaps. Home repair, auto repair, and money management services for low incomes families became available for those in need. Community churches are working together through love inc of albuquerque to reduce duplication of services and to provide additional resources to help people in the albuquerque area.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NON-INVENTORY SALES - GROSS 6,246 GAIN ON SALE OF ASSET 451 SALVAGE REVENUE 192 MISCELLANEOUS REVENUE 170 MISCELLANEOUS 61 TOTAL 7,120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSE 716 TELEPHONE 4,653 TRAVEL & MEETINGS 2,015 TRAVEL 693 CONFERENCES & CONVENTIONS 16 INSURANCE 3,735 AUTO EXPENSE 1,473 BANK FEES 5 BOOKES, SUBSCRIPTIONS, RE 220 BUSINESS REG FEES 10 DONATION 4,375 FUNDRAISING EXPENSES 3,103 MEMBER DUES 2,836 SECURITY 767 SUPPLIES 1,554 VOLUNTEER & STAFF DEVELOP 189 VOLUNTEER APPRECIATION 605 DONATION FEES 160 DONATED OTHER SVCS-NON-GA 35 DONATED MATERIALS & SUPPL 263 EQUIPMENT RENTAL & MAINT. 160 DONATED FACILITIES 6,000 INCENTIVES 7 MARKETING 427 LICENSES AND PERMITS 10 COMPUTER SUPPLIES 663 TOTAL 34,690
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,769 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF LOVE INC OF ALBUQUERQUE IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOVE INC OF ALBUQUERQUE CONNECTS CHURCHES AND COMMUNITY. THERE ARE MANY INDIVIDUALS AND FAMILIES IN NEED OF HELP AND IT CAN BE VERY CONFUSING TO FIND APPROPRIATE RESOURCES. LOVE INC UTILIZES A HELP LINE WHERE PEOPLE CAN CALL ONE PHONE NUMBER AND GET CONNECTED TO MULTIPLE RESOURCES. THROUGH A UNIQUE PROCESS THAT INCLUDES A HOME VISIT TO MAKE SURE NEEDS ARE LEGITIMATE, LOVE INC HELPED OVER 750 INDIVIDUALS AND FAMILIES LAST YEAR. LOVE INC ALSO IDENTIFIED AREAS WHERE RESOURCES ARE NOT AVAILABLE. THIS IS IDENTIFIED AS A GAP IN OUR COMMUNITY AND LOVE INC MOBILIZES LOCAL CHURCHES TO FILL THESE GAPS. HOME REPAIR, AUTO REPAIR, AND MONEY MANAGEMENT SERVICES FOR LOW INCOMES FAMILIES BECAME AVAILABLE FOR THOSE IN NEED. COMMUNITY CHURCHES ARE WORKING TOGETHER THROUGH LOVE INC OF ALBUQUERQUE TO REDUCE DUPLICATION OF SERVICES AND TO PROVIDE ADDITIONAL RESOURCES TO HELP PEOPLE IN THE ALBUQUERQUE AREA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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ReturnHeader/ReturnTs02018-12-03T10:33:34-07:00
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits