Love Army EIN 82-2274942

Love Army

EIN  82-2274942 Public foundation / grantmaker New York, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Empowers people globally to solve problems compassionately and create miracles through influencer-led fundraising.
Leadership
Jerome Chappalet · President/Secretary
Money in and out
$0 revenue, $0 expenses

Empowers people globally to solve problems compassionately and create miracles through influencer-led fundraising. For fiscal year 2024 it reported $0 in revenue, $0 in expenses, and $45K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$45K
Pt X · Ln 32

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$0
FY2024
Expenses
$0
FY2024
Total assets
$45K
FY20240%
Total liabilities
$0
FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$45K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$0
Total assetsPt X · Ln 16$45K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Love army continued its projects to raise funds for the current famine crisis in mexico, mainly through the use of social media and the influencer network of love army. Love army will continue to use its network to gather resources to make a positive impact on towns and villages in countries all around the world, whether it be through…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLove Army
EINHdr · item D82-2274942
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFFeb 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$45K
Total liabilitiesLn 26$0
Total net assetsLn 32$45K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $0
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $45K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $0
Liabilities-to-Assets
Total liabilities — · Total assets $45K
Net-asset ratio
Net assets $45K · Total assets $45K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $45K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jerome Chappalet · Reported title PRESIDENT/SECRETARY · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0

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. Peer cohort: .

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $231K · 2020–2020
AlightMN · FY2020$231,006

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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
FY2024 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF
FY2020$4K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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