Civic Intelligence

Love Is Free Inc

EIN 92-1470102 • 501(c)3 • Glen Burnie, MD

Profile

To Provide Goods to the Less Fortunate

208 Saltgrass DrGlen Burnie, MD 21060
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-3.4%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-28%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$2,523

Down $992 (-28%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$2,523

Down $992 (-28%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin38th percentile

Revenue

Up

$28,800

Up $6,083 (+27%) from 2023

Expenses

Up

$29,792

Up $10,590 (+55%) from 2023

Net Income

Down

-$992

Down $4,507 (-128%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$4.0K$3.0K$2.0K$1.0K$0Assets 2023: $3,515Liabilities 2023: $0Net Assets 2023: $3,5152023Assets 2024: $2,523Liabilities 2024: $0Net Assets 2024: $2,5232024

Highlighted filing

2024

Assets$2,523
Liabilities$0
Net Assets$2,523
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

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

$30K$20K$10K$0-$10KRevenue 2023: $22,717Expenses 2023: $19,202Net Income 2023: $3,5152023Revenue 2024: $28,800Expenses 2024: $29,792Net Income 2024: -$9922024

Highlighted filing

2024

Revenue$28,800
Expenses$29,792
Net Income-$992
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,523
Liabilities
$0
Net assets
$2,523
Revenue
$28,800
Expenses
$29,792
Net income
-$992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$28.8$29.8$0.99
2023Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$22.7$19.2$3.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$28,800
Mission and Program Overview

Mission

To Provide Goods to the Less Fortunate

Program Services

DescriptionGrantsExpenses
Donated Assistance For Housing. An individual was selected based on circumstance, initiatives to help others and various other contributions to society.-$9,000
Donated clothes to children and homeless. Clothes were distributed at homeless shelters and youth clubs. Over 100 people were provided coats, shoes, and bookbags.-$7,544
Other program services-$7,082
Donated food during four local events for the youth. Nearly 50 students benefitted from each event. Donated over 300lbs of food to the homeless shelter during a food drive.-$5,029
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yancy L CobbPresident-$0--
Yancy L Cobb IIDirector-$0--
Anthony MitchellDirector-$0--
Jalen CobbSecretary-$0--
Daniel L Dorsey IITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Love Is Free Inc
EIN
92-1470102
In Care Of
% Yancy L Cobb
Address
208 Saltgrass Dr, Glen Burnie, MD 21060

Signing Officer

Name
Yancy L Cobb
Title
President
Signed
2025-11-17
Discuss with paid preparer
No

Preparer

Firm
Advance Business Services LLC
Address
31805 Middlebelt Rd Ste 203, Farmington, MI 48334
Preparer
Daniel Dorsey
Phone
2489040381
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountProgram Expenses 28,655Supplies 598Miscellaneous 393Bank Fees 146”

Other program services Part III line 31

“Donated House Hold Goods and books for Students. Also Donated Wellness Goods to people who needs to focus on their health.”

Raw XML Appendix158 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Daniel L Dorsey II
IRS990EZ/BooksInCareOfDetail/PhoneNum03137150266
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031805 Middlebelt Rd Ste 307
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Farmington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048334
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03515
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02523
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt028800
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-992
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03515
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02523
IRS990EZ/GrossReceiptsAmt028800
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03515
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02523
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03515
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02523
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Yancy L Cobb
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Yancy L Cobb II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anthony Mitchell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jalen Cobb
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Daniel L Dorsey II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt029792
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To Provide Goods to the Less Fortunate
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Donated clothes to children and homeless. Clothes were distributed at homeless shelters and youth clubs. Over 100 people were provided coats, shoes, and bookbags.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Donated food during four local events for the youth. Nearly 50 students benefitted from each event. Donated over 300lbs of food to the homeless shelter during a food drive.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Donated Assistance For Housing. An individual was selected based on circumstance, initiatives to help others and various other contributions to society.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07544
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15029
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt29000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt37082
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029792
IRS990EZ/TotalProgramServiceExpensesAmt028655
IRS990EZ/TotalRevenueAmt028800
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022717
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt051517
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt051517
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt022717
IRS990ScheduleA/Total509Grp/TotalAmt051517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt028800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt022717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt051517
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountProgram Expenses 28,655Supplies 598Miscellaneous 393Bank Fees 146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Donated House Hold Goods and books for Students. Also Donated Wellness Goods to people who needs to focus on their health.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other program services Part III line 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0YANCY L COBB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOVE IS FREE INC
ReturnHeader/Filer/BusinessNameControlTxt0LOVE
ReturnHeader/Filer/EIN0921470102
ReturnHeader/Filer/InCareOfNm0% Yancy L Cobb
ReturnHeader/Filer/USAddress/AddressLine1Txt0208 Saltgrass Dr
ReturnHeader/Filer/USAddress/CityNm0Glen Burnie
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021060
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0851081267
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Advance Business Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031805 Middlebelt Rd Ste 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Farmington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048334
ReturnHeader/PreparerPersonGrp/PhoneNum02489040381
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL DORSEY
ReturnHeader/ReturnTs02025-11-17T15:44:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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