The Lovebolt FY2021 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To use art and shared passions to bring people together across racial and socio-economic barriers.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-0545577) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
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
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $44K a year · 46% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
87%
of spending
87% of spending went to programs.
Pt IX · Ln 25 · col B
33.7 mo
of spending, in cash
33.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$241K
Spent
$64K
To programs
87%
Net assets
$180K
By yearFY2021–FY2023
Revenue
$241K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$241K
FY2022$26K
FY2023$22K
Expenses
$64K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$64K
FY2022$31K
FY2023$61K
Net assets
$180K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$180K
FY2022$176K
FY2023$141K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in May 2020.

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% · $56K Management & general 1% · $920 Fundraising 11% · $7K

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

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chair (to 10
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A

Tara Sanchez’s $38K as Previous Exe is at the 67th percentile of top reported officer pay among 239 <$100K civil rights & advocacy 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 · 2 named individuals · Part VII

NameFY2023FY2022
Tara Sanchez$37,500—
Henry Davis$8,750$24,600

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 The Lovebolt 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 15aNo

Programs and updates

Unites people through art and shared passions, bridging racial and economic divides.

Questions for The Lovebolt

Tap to ask. The Lovebolt sees how many people are interested.

Your first name shows with your question. The Lovebolt answers here, for everyone.

1 program · $56K · in their own filed words · FY2021
01

The lovebolt is a social impact organization that uses art and shared passions to bring people together across racial and socio-economic barriers. For years, housing discrimination, redlining, and other forms of systematic oppression have kept us racially devided.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-0545577) · Dispute this line
$56Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$241K
Ln 12
Gifts and grantsLn 1h$240K
Other incomeLn 4–11$1K
Money outPt IX
$64K
Ln 25
Programscol B$56K
Managementcol C$920
Fundraisingcol D$7K
Owns and owesPt X
$180K
net assets · Ln 32
Cash and savingsLn 1–2$180K
Total assetsLn 16$180K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$240K
Other incomeLn 4–11$1K
Total revenueLn 12$241K
Assets in detailPt X, end of year
CashLn 1$180K
Cash and savings togetherLn 1–2$180K
Total assetsLn 16$180K
LiabilitiesLn 26$0
Net assetsLn 32$180K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
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$3K$180K
Total assetsLn 16$3K$180K
LiabilitiesLn 26$0$0
Net assetsLn 32$3K$180K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Other fees for servicesLn 11g$48K$47K$1K
Advertising and promotionLn 12$595$595
Office expensesLn 13$12K$6K$6K
TravelLn 17$175$175
InsuranceLn 23$585$585
All other expensesLn 24e$335$335
Total functional expensesLn 25$64K$56K$920$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Jul 1, 2025 $22K$61K−$40K$141K 990 PDF
FY2022Filed with the IRS Oct 3, 2023 $26K$31K−$4K$176K 990 PDF
FY2021 ViewingFiled with the IRS Nov 10, 2022 $241K$64K$177K$180K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $240,617 revenue, 12 lines filed
I-8 Contributions and grants$239,528
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$1,089
I-12 Total revenue$240,617
I-13 Grants and similar amounts paid$2,040
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$61,820
I-18 Total expenses$63,860
I-19 Revenue less expenses$176,757
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $240,617 across 4 lines filed
Lines not itemized here account for $983 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$239,528
VIII-1h Total contributions, gifts and grants$239,528
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $106$106
VIII-12 Total revenueExcluded from tax $1,089$240,617
Part IX · Statement of functional expenses $63,860 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $2,040$2,040
IX-11g Other fees for servicesPrograms $47,165 · Fundraising $1,029$48,194
IX-12 Advertising and promotionPrograms $595$595
IX-13 Office expensesPrograms $5,823 · Fundraising $6,113$11,936
IX-17 TravelPrograms $175$175
IX-23 InsuranceManagement $585$585
IX-24e All other expensesManagement $335$335
IX-25 Total functional expensesPrograms $55,798 · Management $920 · Fundraising $7,142$63,860
Part X · Balance sheet $179,523 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $2,766$179,523
X-16 Total assetsStart of year $2,766$179,523
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,766$179,523
X-32 Total net assets or fund balancesStart of year $2,766$179,523
X-33 Total liabilities and net assetsStart of year $2,766$179,523
Part XI · Reconciliation of net assets $179,523 net assets at year end
XI-1 Total revenue$240,617
XI-2 Total expenses$63,860
XI-3 Revenue less expenses$176,757
XI-4 Net assets at start of year$2,766
XI-10 Net assets at end of year$179,523

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.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.