Change 4 Love EIN 81-3070912 Form 990 (PDF) Claim this org

Change 4 Love

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Inspires heroism through art and visual communication. For fiscal year 2022 it reported $157K in revenue, $362K in expenses, and $-127K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Riverton, UT
Website
www.change4love.org
Filings
3 on file (2020–2022)
Revenue
$157KFY2022
Expenses
$362K
Net assets
$-127K
People
3
Filings
3
Updates
0
More identity details & actions ⌄
EIN  81-3070912 Public charity (501(c)(3)) Riverton, UT
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspires heroism through art and visual communication.
Leadership
Bart L Hawkins · President · $96K
Money in and out
$157K revenue, $362K expenses
Bottom line
74% program efficiency
Where the money goes · FY2022
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$362K
Pt IX · Ln 25
Net assets
$-127K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$205K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Program efficiency
74%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▼ -38% vs prior filing year
Surplus margin
-131%
revenue over expenses, this year▼ -17488% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$157K
FY2022▼ -57%
Expenses
$362K
FY2022▲ +1%
Total assets
$376K
FY2022▼ -17%
Total liabilities
$503K
FY2022-0.3%
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$362K
Pt IX · Ln 25
Net assets
$-127K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$205K
Total assetsPt X · Ln 16$376K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $270K of program spending, described in the organization's own filed words · FY2022.
01

Most of its revenue is donated to purcahse additional SUPPLIES/ART that is given away free of charge. The purpose of giving away the art is to inspire the hero within all of us. We receive frequent solicitations from a variety of worthy causes. In this calendar year, we have needy individuals and other charitable causes to help mankind.

$270Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChange 4 Love
EINHdr · item D81-3070912
Principal addressHdr · item CRiverton, UT
WebsiteHdr · item Jwww.change4love.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFAug 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$96,500Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Bart L Hawkins’s $96K as President is at the 98th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Bart L Hawkins$96,500$95,000$73,700

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$157K
Total revenueLn 12$157K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$270K
Management & general26%$93K
Total functional expensesLn 25$362K

Balance Sheet

Part X · end of year
CashLn 1$120K
Total assetsLn 16$376K
Total liabilitiesLn 26$503K
Total net assetsLn 32$-127K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $120K · Operating expenses/yr $362K
4.0 months
Where the money goes
Program services
Program services $270K · Total expenses $362K
74%
Management & General
Management & general $93K · Total expenses $362K
26%
Fundraising
Fundraising $0 · Total expenses $362K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $222K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $157K · Total revenue $157K
100%
Government reliance
Government grants — · Total revenue $157K
Earned-income share
Program service revenue $0 · Total revenue $157K
0%
Investment reliance
Investment income $0 · Total revenue $157K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $362K
0%
Growth & trend
Revenue growth (YoY)
This year $157K · Prior year $361K
-57%
Net-asset trend (YoY)
End of year $-127K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $157K · Expenses $362K
-131%
Liabilities-to-Assets
Total liabilities — · Total assets $376K
Net-asset ratio
Net assets $-127K · Total assets $376K
-34%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $376K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bart L Hawkins · Reported title PRESIDENT · Highest reported compensation $96K · Total expenses $362K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $219K · Total expenses $362K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth -57%
Legal fee ratio 0.3%
Accounting fee ratio 0.9%

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$157K revenue · viewing · ⤓ 990 PDF
FY2021$361K revenue · ⤓ 990 PDF
FY2020$256K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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