Overview
What is Love Fort Wayne Inc?
Love Fort Wayne Inc is a nonprofit organization situated in Fort Wayne, Indiana, specifically at 3948 New Vision Drive D. Their primary mission is to foster transformation in the community through the power of God's love. They achieve this by convening like-minded individuals to partake in various initiatives, such as nurturing families, supporting schools, empowering leaders, and engaging with pastors. These endeavors are all grounded in the foundation of regular prayer. Love Fort Wayne Inc also facilitated a leadership conference for leaders across Northeast Indiana, both in-person and virtually, through an event called The Summit. The organization is led by a team of two dedicated employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Love Fort Wayne Inc has received an 80% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a high level of transparency with 82% of its board members being independent, and it has demonstrated strong governance practices by maintaining conflict of interest policies and documenting board meeting minutes effectively.
The financial health of Love Fort Wayne Inc is commendable, with a program expense ratio of 76.81%, meaning a significant portion of its funds are directed towards its mission-related activities. Additionally, the liabilities to assets ratio is low at 11.62%, suggesting a strong financial position. However, while the organization shows strengths in various areas, the overall score is derived solely from accountability and finance metrics.
It is important to note that while the financial metrics are strong, users may want to consider other factors, such as program effectiveness and impact, which are not assessed in this rating. Overall, Love Fort Wayne Inc appears to be a well-managed organization with a commitment to transparency and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Love Fort Wayne Inc legitimate?
Love Fort Wayne Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Fort Wayne Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $128,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,693
For more financial information, click here
What is the mission statement of Love Fort Wayne Inc?
Love Fort Wayne Inc's mission is centered around envisioning transformation through God's love. They strive to bring together individuals with similar sentiments to foster love in various sectors, including families, schools, leaders, and pastors, all grounded in the foundation of prayer. The organization's primary goal is to inspire and ignite change, imagining a flourishing community. Their activities often include convening like-minded individuals to collaborate on these aspects. As part of their mission, they also organize leadership conferences, both in-person and virtually, for leaders across a broad region.
Who is the CEO of Love Fort Wayne Inc?
Goeff King is the Ceo of Love Fort Wayne Inc. The CEO's salary of Love Fort Wayne Inc is $13,848 and their total compensation is $13,848.
What is the revenue of Love Fort Wayne Inc?
Love Fort Wayne Inc's revenue in 2022 was $1,217,516.
Who are the executives of Love Fort Wayne Inc and what are their salaries?
The average compensation at Love Fort Wayne Inc during 2022 was $71,270. There are 2 employees at Love Fort Wayne Inc.
Here are 17 key members and their salaries (Love Fort Wayne Inc's CEO's salary is $13,848 and their total compensation is $13,848):
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- Compensation: $13,848
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Where can I find the form 990 for Love Fort Wayne Inc?
Love Fort Wayne Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Love Fort Wayne Inc
Love Fort Wayne, as an organization, is dedicated to fostering transformation in communities through the power of God's love. With a vision of a thriving Fort Wayne, Love Fort Wayne aims to bring together individuals with similar heartfelt intentions. This is achieved by convening like-minded individuals to engage in initiatives such as 'Love Our Families,' 'Love Our Schools,' 'Love Our Leaders,' and 'Love Our Pastors.' The backbone of these initiatives is prayer, serving as a unifying force.
Love Fort Wayne's mission is not just about conceptualizing a better future, but also about inspiring and inciting action towards that vision. By bringing together individuals, they hope to ignite a spark of change that will ultimately lead to the transformation of Fort Wayne's communities. This transformation is rooted in the love and compassion that Love Fort Wayne seeks to promote.
In essence, Love Fort Wayne serves as a catalyst for change, harnessing the power of collective prayer and shared intentions to inspire and ignite transformative actions. Their mission is to envision, inspire, and drive change in Fort Wayne's communities, all underpinned by the foundational principle of love.
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Impact
July, 2024
Love Fort Wayne Inc has a significant impact on the community of Fort Wayne, Indiana. With a mission to imagine, inspire, and ignite transformation through God's love, Love Fort Wayne works diligently to bring together like-hearted individuals to love their families, schools, leaders, and pastors through the foundation of prayer. One notable example of their impact is The Summit, where they facilitated an in-person and virtual leadership conference for leaders across Northeast Indiana. Through their efforts, Love Fort Wayne is actively working towards creating a flourishing Fort Wayne by fostering a community centered around love and prayer.
This information is meant to be a general summary of Love Fort Wayne Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $56,652
- Gross Receipts: $1,217,516
Assets and Liabilities:
- Total Assets: $1,012,361
- Total Liabilities: $226,845
- Net Assets: $785,516
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Love Our Leaders - Ignite
Revenue
$34,280
The Summit
Revenue
$22,372
Organization Details
Founding Year
2014
Phone
(260) 402-1693Principal Officer
Goeff King
Main Address
3948 New Vision Drive D, Fort Wayne, IN, 46845
NTEE Category
Code: X99 - Religion related
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