Beloveorg FY2020 filing

Pasadena, CA · Unknown exempt organization

Latest data FY2020
Revenue
$155K
Spent
$294K
To programs
100%
Net assets
$44K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
100% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
Legal name (IRS)Hdr · item CBeloveorg
EINHdr · item D36-4848111
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CPasadena, CA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.belove.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00 Fundraising $0.00
Program services100%$293K
Management & general$1K
Fundraising$45
Total functional expensesLn 25$294K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$155K
FY2020
Expenses
$294K
FY2020
Surplus margin
-90%
revenue over expenses, this year
Program spending
100%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$75K
FY2020
Total liabilities
$31K
FY2020
Revenue less expensesPt I · Ln 19−$139K
Total assetsPt X · Ln 16$75K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 322
Independent voting membersPt I · Ln 421

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$75K
Total liabilitiesLn 26$31K
Total net assetsLn 32$44K
Months of cash on handcomputed3.1

Statement of Revenue

Part VIII
Contributions & grants$142K · 92%
Program service revenue$13K · 8%
Contributions & grants92%$142K
Program service revenue8%$13K
Investment income$6
— government grantsLn 1e$142K
Total revenueLn 12$155K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $75K · Operating expenses/yr $294K
3.1 months
Where the money goes
Program services
Program services $293K · Total expenses $294K
100%
Management & General
Management & general $1K · Total expenses $294K
0.4%
Fundraising
Fundraising $45 · Total expenses $294K
0.02%
Cost to raise $1
Fundraising expense $45 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $142K · Total revenue $155K
92%
Government reliance
Government grants $142K · Total revenue $155K
92%
Earned-income share
Program service revenue $13K · Total revenue $155K
8%
Investment reliance
Investment income $6 · Total revenue $155K
<0.01%
Program self-sufficiency
Program service revenue $13K · Total expenses $294K
4%
Growth & trend
Revenue growth (YoY)
This year $155K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $44K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $155K · Expenses $294K
-90%
Liabilities-to-Assets
Total liabilities — · Total assets $75K
—
Net-asset ratio
Net assets $44K · Total assets $75K
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $75K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mitra Ahouraian · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $294K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $46K · Total expenses $294K
16%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0.4%——
Fundraising cost ratio 0.03%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Beloveorg executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a22
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Supports charitable programs inspired by entertainment content, offering community engagement events and opportunities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $293K of program spending, described in the organization's own filed words · FY2020.
01

The skid row carnival of love is an initiative founded by justin baldoni in 2015, that works to build community by providing resources and love to the often times forgotten, and overlooked sector of los angeles' homeless population of skid row.

$277Kprogram expense
02

The wayfarer foundation is one of the five charities selected by tiffany au and caleb remington to be grant recipients from the charitable gala. The greatest wedding ever donated. The G.W.E.D.

$16Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $10K · 2020–2020
Unitemized GrantFY2020$10,000

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $307$19K-100% 990 PDF
FY2023 $71K$99K-19% 990 PDF
FY2022 $88K$158K-79% 990 PDF
FY2021 $427K$296K+176% 990 PDF
FY2020 Viewing $155K$294K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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