Share the Love Foundation

Tax-deductible

San Luis Obispo, CA501(c)(3)Community DevelopmentEIN 83-2433113

The sole purpose of the share the love foundation is to raise funds in our community for 501(c)(3) local charities by producing a fashion show and musical revue for performances annually.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $2K a year · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
98 mo
of spending, in cash
Looks good: 98.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Spent
$2K
To programs
87%
Net assets
$18K
By yearFY2020–FY2021
Revenue
$0
FY2021
Revenue by fiscal year
FY2020$0
FY2021$0
Expenses
$2K
FY2021▼ -3%
Expenses by fiscal year
FY2020$2K
FY2021$2K
Net assets
$18K
FY2021▼ -11%
Net assets by fiscal year
FY2020$20K
FY2021$18K

From the FY2021 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021. IRS ruling in Feb 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $2K Management & general 13% · $296

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Share the Love Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises funds for local charities through annual fashion shows and musical revues.

Provided by the organization

This section is blank until Share the Love Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $2K of program spending, described in the organization's own filed words · FY2021.
01

Fashion show and musical revue production.

$2Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$2K
Ln 25
Programscol B$2K
Managementcol C$296
Owns and owesPt X
$18K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$18K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
CashLn 1$18K
Cash and savings togetherLn 1–2$18K
Other assetsLn 15$100
Total assetsLn 16$18K
LiabilitiesLn 26$0
Net assetsLn 32$18K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$20K$18K
Total assetsLn 16$20K$18K
LiabilitiesLn 26$0$0
Net assetsLn 32$20K$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$296$296
InsuranceLn 23$705$705
Total functional expensesLn 25$2K$2K$296$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $0$2K−$2K$18K 990 PDF
FY2020 $0$2K−$2K$20K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $0 across 1 lines filed
VIII-12 Total revenue$0
Part IX · Statement of functional expenses $2,197 across 3 lines filed
IX-12 Advertising and promotionPrograms $1,196$1,196
IX-13 Office expensesManagement $296$296
IX-23 InsurancePrograms $705$705
IX-25 Total functional expensesPrograms $1,901 · Management $296 · Fundraising $0$2,197
Part X · Balance sheet $18,070 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $20,167$17,970
X-15 Other assetsStart of year $100$100
X-16 Total assetsStart of year $20,267$18,070
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $20,267$18,070
X-32 Total net assets or fund balancesStart of year $20,267$18,070
X-33 Total liabilities and net assetsStart of year $20,267$18,070
Part XI · Reconciliation of net assets $18,070 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$2,197
XI-3 Revenue less expenses−$2,197
XI-4 Net assets at start of year$20,267
XI-10 Net assets at end of year$18,070

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.