Loving by Serving FY2022 filing

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The primary objective of Loving by Serving is to spread the love of God by providing free education to children who are in need. Loving by Serving also provides food, education, and financial support to a missionary outside the States to operate a Christian school program.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3569436) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$121K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $7.6M a year · 97% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$121K
to officers and key staff · 32% of spending
Pay to officers and key staff is 32% of spending.
Part VII, Section A
11.2 mo
of spending, in cash
Plus $37.8M in investments, Pt X · Ln 11–13
11.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4K
0.01% of total assets
Liabilities are 0.01% of assets.
Pt X · Ln 26
Independent board members
2
of 2 voting members
2 of 2 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$313K
-99% vs prior year
Spent
$378K
To programs
85%
Net assets
$38.2M
By yearFY2020–FY2024
Revenue
$313K
FY2022▼ -99%
Tap a bar for its year
Revenue by fiscal year
FY2020$305K
FY2021$38.3M
FY2022$313K
FY2023$11K
FY2024$5K
Expenses
$378K
FY2022▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$124K
FY2021$340K
FY2022$378K
FY2023$318K
FY2024$10K
Net assets
$38.2M
FY2022-0.2%
Tap a bar for its year
Net assets by fiscal year
FY2020$274K
FY2021$38.2M
FY2022$38.2M
FY2023$37.9M
FY2024$37.9M

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2020.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $322K Management & general 15% · $56K

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

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Who runs it and what they're paid

2 people listed on the 990; $121K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Secretary
$120,602Pt VII · Sec A
$0Pt VII · Sec A

Hyejin Kim’s $81K as Secretary is at the 98th percentile of top reported officer pay among 344 <$100K religion 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

NameFY2023FY2022FY2021
Hyejin Kim$81,354$120,602$117,063

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.

See Loving by Serving executive salaries →

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 15aYes

Programs and updates

Provides free education, food, and financial support to needy children and overseas Christian schools.

Questions for Loving by Serving

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1 program · $322K · in their own filed words · FY2022
01

Servant leaders Christian academy and servant leaders Christian academy milton are affiliated with the non-profit organization Loving by Serving and are Christian schools accredited by accreditation international (AI) and the national council for private school accreditation (NCPSA).

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3569436) · Dispute this line
$322Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $6K · 2021–2021
Unitemized GrantFY2021$6,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$313K
Ln 12
Investment incomeLn 3$301K
Fees for servicesLn 2g$10K
Gifts and grantsLn 1h$2K
Money outPt IX
$378K
Ln 25
Programscol B$322K
Managementcol C$56K
Owns and owesPt X
$38.2M
net assets · Ln 32
Cash and savingsLn 1–2$353K
Total assetsLn 16$38.2M
LiabilitiesLn 26$4K
PeoplePt VI, VII
2
listed · VII A
PaidVII A1
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$10K
Investment incomeLn 3$301K
Total revenueLn 12$313K
Assets in detailPt X, end of year
CashLn 1$353K
Cash and savings togetherLn 1–2$353K
Land, buildings, equipmentLn 10c$21K
InvestmentsLn 11–13$37.8M
Other assetsLn 15$600
Total assetsLn 16$38.2M
LiabilitiesLn 26$4K
Net assetsLn 32$38.2M
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$403K$353K
InvestmentsLn 11–13$37.8M$37.8M
Land, buildings, equipmentLn 10c$29K$21K
Total assetsLn 16$38.2M$38.2M
LiabilitiesLn 26$0$4K
Net assetsLn 32$38.2M$38.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1K$1K
Other salaries and wagesLn 7$254K$254K
Pension plan contributionsLn 8$10K$10K
Payroll taxesLn 10$25K$25K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$4K$4K
Office expensesLn 13$25K$25K
Information technologyLn 14$89$89
OccupancyLn 16$20K$20K
Travel and entertainment for public officialsLn 18$335$335
InterestLn 20$2$2
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$24K$23K$1K
Other expenses (24a–d)Ln 24$120$120
Total functional expensesLn 25$378K$322K$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 7, 2025 $5K$10K−$5K$37.9M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $11K$318K−$307K$37.9M 990 PDF
FY2022 ViewingFiled with the IRS Sep 16, 2023 $313K$378K−$65K$38.2M 990 PDF
FY2021Filed with the IRS Aug 23, 2022 $38.3M$340K$38.0M$38.2M 990 PDF
FY2020Filed with the IRS Apr 14, 2021 $305K$124K$180K$274K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $312,611 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $37,801,397$1,886
I-9 Program service revenuePrior year $802$10,060
I-10 Investment incomePrior year $500,374$300,665
I-11 Other revenue$0
I-12 Total revenuePrior year $38,302,573$312,611
I-13 Grants and similar amounts paidPrior year $6,000$1,200
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $260,152$289,775
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $74,187$87,052
I-18 Total expensesPrior year $340,339$378,027
I-19 Revenue less expensesPrior year $37,962,234−$65,416
Part VI · Governance 2 of 2 board members independent, no flags
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $312,611 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,886
VIII-1h Total contributions, gifts and grants$1,886
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,060$10,060
VIII-3 Investment incomeExcluded from tax $300,665$300,665
VIII-12 Total revenueRelated to mission $10,060 · Excluded from tax $300,665$312,611
Part IX · Statement of functional expenses $378,027 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $1,200$1,200
IX-7 Other salaries and wagesPrograms $254,220$254,220
IX-8 Pension plan contributionsPrograms $10,314$10,314
IX-10 Payroll taxesPrograms $25,241$25,241
IX-11b Legal feesManagement $2,950$2,950
IX-11c Accounting feesManagement $2,025$2,025
IX-11g Other fees for servicesManagement $4,001$4,001
IX-13 Office expensesManagement $25,332$25,332
IX-14 Information technologyManagement $89$89
IX-16 OccupancyManagement $19,813$19,813
IX-18 Travel and entertainment for public officialsManagement $335$335
IX-20 InterestPrograms $2$2
IX-22 Depreciation, depletion and amortizationPrograms $8,375$8,375
IX-23 InsurancePrograms $22,525 · Management $1,485$24,010
IX-24 Other expenses (24a–d)Programs $120$120
IX-25 Total functional expensesPrograms $321,997 · Management $56,030 · Fundraising $0$378,027
Part X · Balance sheet $38,174,689 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $403,411$353,152
X-10c Land, buildings and equipment, netStart of year $29,312$20,937
X-12 Other securitiesStart of year $37,800,000$37,800,000
X-15 Other assetsStart of year $3,715$600
X-16 Total assetsStart of year $38,236,438$38,174,689
X-25 Other liabilities$3,667
X-26 Total liabilitiesStart of year $0$3,667
X-27 Net assets without donor restrictionsStart of year $38,236,438$38,171,022
X-32 Total net assets or fund balancesStart of year $38,236,438$38,171,022
X-33 Total liabilities and net assetsStart of year $38,236,438$38,174,689
Part XI · Reconciliation of net assets $38,171,022 net assets at year end
XI-1 Total revenue$312,611
XI-2 Total expenses$378,027
XI-3 Revenue less expenses−$65,416
XI-4 Net assets at start of year$38,236,438
XI-10 Net assets at end of year$38,171,022

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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