Love Deposit Inc

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

EIN: 871291545 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Love Deposit Inc?

Love Deposit Inc is a nonprofit organization situated in Dallas, Texas, committed to serving charitable and educational purposes. During the summer of 2022, their Gas Giveaway Program provided essential assistance with fuel expenses to over 100 individuals in need. Furthermore, Love Deposit managed to sponsor eight children for their summer camp through their Youth Summer Camp Program. The organization's mission continues to positively impact the Dallas community.

Is Love Deposit Inc legitimate?

Love Deposit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Deposit Inc submitted a form 990EZ, 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.

What is the mission statement of Love Deposit Inc?

Love Deposit Inc's mission is centered around charitable and educational purposes. The organization actively works towards achieving this mission, as evidenced by its initiatives such as the Gas Giveaway Program, which provided gas assistance to over 100 individuals during the summer of 2022. Furthermore, Love Deposit also sponsored eight attendees for summer camp the same year, under its Youth Summer Camp Program. The organization's activities aim to make a positive impact in the community, demonstrating its commitment to fulfilling its charitable and educational mission.

Who is the CEO of Love Deposit Inc?

Alexis Nelson is the President of Love Deposit Inc.

What is the revenue of Love Deposit Inc?

Love Deposit Inc's revenue in 2022 was $15,566.

Who are the executives of Love Deposit Inc and what are their salaries?


Here are 4 key members and their salaries:


Alexis Nelson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittina Booker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lelani Russell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adelston Canady (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Love Deposit Inc?

Love Deposit Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Love Deposit Inc

Love Deposit Inc is a charitable organization with a mission to serve both educational and philanthropic purposes. Their primary objective is to make a positive impact in various aspects of society. One of their notable initiatives is the Gas Giveaway Program, which provided assistance to over 100 individuals with their fuel expenses during the summer of 2022. Furthermore, Love Deposit Inc also sponsored eight attendees for summer camp that same year, through their Youth Summer Camp Program. This demonstrates the organization's commitment to supporting the community, particularly in the areas of transportation and youth development.

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Impact




August, 2024

Love Deposit Inc's impact can be seen through its Gas Giveaway Program, which provided gas assistance to over 100 participants during the summer of 2022. This initiative helped individuals in need access essential transportation resources, enabling them to fulfill their daily responsibilities and stay connected with their communities. Furthermore, the organization's Youth Summer Camp Program sponsored eight attendees for summer camp in the same year, creating opportunities for personal growth, learning, and fun experiences for young individuals. By focusing on charitable and educational purposes, Love Deposit Inc is making a tangible difference in the lives of community members in Dallas, TX, and beyond.




This information is meant to be a general summary of Love Deposit 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.

Revenue
$15,566 (2022)
Expenses
$15,500 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $15,566

Assets and Liabilities:

  • Total Assets: $66
  • Total Liabilities: $0
  • Net Assets: $66

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Organization Details

Principal Officer

Alexis Nelson

Main Address

4141 OFFICE PKWY, DALLAS, TX, 75204

NTEE Category

Code: B90 - Education

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