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Phillip's Love Bears Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474439474 ✦ Dunn, NC ✦ Designated as a 501(c)(3)

Overview

What is Phillip's Love Bears Inc?

Phillip's Love Bears Inc is a small-scale, nonprofit organization situated in Dunn, North Carolina. The primary mission of this charity is to distribute high-quality teddy bears, free of charge, to Christian workers both domestically and internationally. This initiative aids these individuals in their endeavors to spread the message of Jesus Christ. Moreover, Phillip's Love Bears extends this opportunity to serve by allowing the special needs community and others to contribute by helping prepare the teddy bears for their respective missions. The organization's activities incorporate charitable donations for noble causes.


Is Phillip's Love Bears Inc legitimate?

Phillip's Love Bears Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phillip's Love Bears 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.

Here are some key statistics you may want to consider:

Executive Compensation: $16,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,483

For more financial information, click here


What is the mission statement of Phillip's Love Bears Inc?
Who is the CEO of Phillip's Love Bears Inc?
What is the revenue of Phillip's Love Bears Inc?
Who are the executives of Phillip's Love Bears Inc and what are their salaries?
Where can I find the form 990 for Phillip's Love Bears Inc?

Mission Statement of Phillip's Love Bears Inc

Phillip's Love Bears Inc is a nonprofit organization with a unique mission. Their primary objective is to provide high-quality teddy bears, free of charge, to Christian workers both domestically and internationally. These bears serve as a tool for these individuals to share the message of Jesus Christ. Moreover, Phillip's Love Bears Inc extends this opportunity beyond the special needs community, encouraging others to participate in the preparation and distribution of these bears for their mission. This involvement allows individuals to serve Christ and contribute to spreading His message.

Impact

This information is meant to be a general summary of Phillip's Love Bears Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Phillip's Love Bears Inc's impact is significant as it provides quality teddy bears free of charge to Christian workers at home and abroad, enabling them to spread the gospel of Jesus Christ. This initiative not only supports those actively engaged in missionary work but also offers individuals in the special needs community and beyond the opportunity to serve by helping stuff and prepare the teddy bears for missions. By facilitating both charitable giving and meaningful participation in a religious mission, Phillip's Love Bears Inc plays a vital role in fostering a sense of community and service among diverse groups of people.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $494,048

    • Assets and Liabilities:
  • Total Assets: $578,507
  • Total Liabilities: $0
  • Net Assets: $578,507
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Phillip A Fusco Sr

    Main Address

    1003 MERRY STREET, DUNN, NC, 28334

    NTEE Category

    Code: X99 - Religion related

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