2024-01-24T09:18:17-07:00 2021-12-31 990 2021-01-01 271225741 WE R LOVE FOUNDATION WERL 2246234469 1431 Hidden Oaks Circle Corinth TX 76210 Rene Lumene Officer 2246234469 2024-01-24 1 11 1 AAL2 X 2021 2023-04-26 12:10:37Z Rene Lumene 1431 Hidden Oaks Circle Corinth TX 76210 0 0 X www.werlovefoundation.org X TEXAS NON-PROFIT CORPORATION 2014 TX The non-profit mission is to support the underprivileged in North Texas and throughout the world. 3 3 0 6 0 0 5000 0 0 0 0 0 0 0 5000 0 0 0 0 0 0 0 0 0 0 4000 3490 4000 3490 1000 -3490 0 0 0 0 0 0 The non-profit has been active doing small events in the DFW to help women and homeless population. 0 0 3490 0 0 HOMELESSNESS Homelessness is a pressing issue facing the US and the entire world. Everyone needs basic items, such as food, water, and shelter, to survive. However, many homeless individuals don't have a reliable source to receive these necessities. In 2019, over 500,000 people experienced homelessness, with over 25% of those people living unsheltered. Due to COVID-19, the number of people experiencing homelessness has greatly increased. During this pandemic, people have lost their jobs, income, and homes, making our help even more necessary. We R Love Foundation sees this prevalent problem and wants to help by partnering with local shelters and doing service projects. 0 0 0 Education is a vital tool for the success and improvement of the world. It sets us up for success, nurtures tolerance, and creates the possibility of a brighter future. Currently, there is a wide gap in student achievement between children of low vs. high-income families in the US. Children in poverty score about three grades behind those of high-income families. 1 in 6 children in the US is impoverished, meaning a large percentage of children have low student achievement rates. Their chances of escaping poverty are low due to this immense gap. We hope to help lessen this obstacle and work towards giving children the education they need through service projects, partnerships, volunteering, and donations. 0 0 0 HEALTH Health is a vital part of growth and development. Good health also improves quality of life. Unfortunately, around 44 million people in the US don't have basic health care. This issue has been heightened with the recent pandemic. The lack of access to adequate healthcare has become more prominent. We recognize this daunting issue and want to aid communities in this area by fundraising, volunteering, and partnering with local charities. 0 0 0 3490 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 TX X Rene Lumene 2246234469 1431 Hidden Oaks Circle Corinth TX 76210 X Rene Lumene Officer 15 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3490 3490 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3490 3490 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 X -3490 0 0 0 0 3490 X 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X Form 990, Part VI, Section B, Line 11b The previous years 990 form is shared with members for review. Form 990, Part VI, Section B, Line 12c We like any other nonprofits, monitor and enforce compliance with legal, ethical, and regulatory standards. Here are key strategies they can employ: Establish a Compliance Program: Develop a comprehensive compliance program that outlines policies, procedures, and guidelines. Clearly communicate the organization's commitment to compliance and the consequences of non-compliance. Regular Audits and Assessments: Conduct regular internal audits to assess compliance with applicable laws and regulations. Use external audits or third-party assessments to provide an independent perspective on compliance. Compliance Officer or Committee: Designate a compliance officer or committee responsible for overseeing and enforcing compliance. Provide resources and training to the compliance team to stay updated on relevant regulations. Training and Education: Conduct regular training sessions for employees, volunteers, and board members on compliance requirements. Ensure that everyone is aware of their roles and responsibilities in maintaining compliance. Whistleblower Protection: Establish a confidential reporting mechanism (whistleblower hotline) for employees and stakeholders to report non-compliance without fear of retaliation. Clearly communicate the organization's commitment to protecting whistleblowers. Written Policies and Procedures: Develop and regularly update written policies and procedures that reflect current legal and regulatory requirements. Distribute these documents to all relevant stakeholders and ensure they are easily accessible. Monitoring Financial Transactions: Regularly review financial transactions and accounting records to detect any irregularities or signs of financial misconduct. Implement segregation of duties to reduce the risk of fraud. Due Diligence in Partnerships: Conduct due diligence on partners, vendors, and third-party entities to ensure they comply with legal and ethical standards. Clearly define compliance expectations in contracts and agreements. Regular Risk Assessments: Perform risk assessments to identify potential compliance risks. Develop strategies to mitigate identified risks and continuously monitor and reassess them. Legal Counsel: Seek legal advice to ensure that the organization is aware of and complies with changing laws and regulations. Establish a relationship with legal counsel experienced in nonprofit compliance. Document and Record Keeping: Maintain thorough documentation of all compliance-related activities, including audits, training sessions, and corrective actions taken. Establish a centralized repository for compliance records. Corrective Actions and Disciplinary Measures: Develop a system for corrective actions and disciplinary measures in the event of non-compliance. Apply consistent and fair enforcement of policies, including appropriate consequences for violations. Board Oversight: Involve the board of directors in overseeing compliance efforts. Provide regular updates to the board on compliance status and any corrective actions taken. Continuous Improvement: We foster a culture of continuous improvement by regularly reviewing and updating the compliance program based on lessons learned and changes in the operating environment. By implementing these strategies, we can build a robust compliance framework that helps prevent, detect, and address any potential compliance issues. Regular monitoring and enforcement ensure that the organization maintains its integrity, trustworthiness, and adherence to its mission. Form 990, Part VI, Section C, Line 19 Yes, these documents are available in the companies electronical files. Form 990, Part IX, Line 11g Money was raised to help homeless women by getting hygiene products and tampons to help them throughout the year. Form 990, Part XI, Line 9 This was expenses use to purchase hygiene products for homeless women. The filing is late because the organization nor the officers did not have any financial gains during 2021. Since the organization just started up again, the officer was not aware of the filing.