Nonprofit · EIN 45-2766894
LOVE TAKES ROOT
Tax-exempt · SPENCER, IA 51301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $355,494 | $315,889 | $39,605 | $370,323 | $0 | $370,323 |
| December 31, 2024 | 990 | $292,871 | $352,202 | -$59,331 | $330,718 | $0 | $330,718 |
| December 31, 2023 | 990 | $326,629 | $324,129 | $2,500 | $390,049 | $0 | $390,049 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $352,502
- Program service revenue
- $0
- Investment income
- $10,886
- Net income from fundraising events
- -$7,894
- Other revenue
- -$7,894
Expenses
- Grants and similar amounts paid
- $239,659
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $910
- Program services (functional)
- $293,448
- Management and general (functional)
- $17,156
- Fundraising (functional)
- $5,285
Balance sheet and other
- Total assets, start of year
- $330,718
- Total assets, end of year
- $370,323
- Total liabilities, end of year
- $0
- Net assets, end of year
- $370,323
- Net assets without donor restrictions
- $370,323
- Gross receipts
- $363,388
- Employees
- 0
- Volunteers
- 35
- Year formed
- 2011
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY HARDEN | TREASURER Trustee or director, Officer | 10 | $0 |
| MIKE KOENECKE | SECRETARY Trustee or director, Officer | 10 | $0 |
| EDWARD SKIDMORE | VICE PRESIDE Trustee or director, Officer | 25 | $0 |
| BARBARA WILKERSON | EXECUTIVE DI Trustee or director, Officer | 30 | $0 |
| RICK WILKERSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE CONOVER | TREASURER Trustee or director, Officer | 10 | $0 |
| MIKE KOENECKE | SECRETARY Trustee or director, Officer | 10 | $0 |
| EDWARD SKIDMORE | VICE PRESIDE Trustee or director, Officer | 25 | $0 |
| BARBARA WILKERSON | EXECUTIVE DI Trustee or director, Officer | 30 | $0 |
| RICK WILKERSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE CONOVER | TREASURER Trustee or director, Officer | 10 | $0 |
| MIKE KOENECKE | SECRETARY Trustee or director, Officer | 10 | $0 |
| EDWARD SKIDMORE | VICE PRESIDE Trustee or director, Officer | 25 | $0 |
| BARBARA WILKERSON | EXECUTIVE DI Trustee or director, Officer | 30 | $0 |
| RICK WILKERSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 885, SPENCER, IA 51301-0885
- Principal officer (990 for 2025)
- RICK WILKERSON, 2470 HWY 18, SPENCER, IA 51301
- Signed the 990
- BARBARA WILKERSON, EXECUTIVE DIRECTOR
- Phone
- (855) 440-5683
- Website
- WWW.LOVETAKESROOT.ORG
- Return prepared by
- WILLIAMS & COMPANY CPA PC
Mission
THE CHARITABLE, EDUCATIONAL AND HUMANITARIAN SUPPORT OF CHILDREN OF THE DEVELOPING WORLD FOR A SUSTAINABLE FUTURE. THE PRESENT PROJECT IS WITH AN ORPHANAGE LOCATED IN HAITI. THE ORGANIZATION IS WORKING TO CORRECT THE ORPHANAGE WITH BASIC NEEDS: FOOD, WATER, SHELTER AND SAFETY.
Program accomplishments
- PROVIDE FOOD, BLANKETS, FUNDS FOR MEDICAL EXPENSES, BOOKS, CASH & SUPPLIES TO THE ORPHANAGE IN HAITI.Expenses $293,448 · grants $239,659
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2766894
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $370,323
- Income (IRS master file)
- $363,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $355,494 | $315,889 | $370,323 | XML |
| 990 | December 2024 | $292,871 | $352,202 | $330,718 | IRS |
| 990 | December 2023 | $326,629 | $324,129 | $390,049 | XML |
| 990 | December 2022 | $301,289 | $308,989 | $387,549 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2766894).
Questions about LOVE TAKES ROOT
- What is the EIN of LOVE TAKES ROOT?
- The employer identification number (EIN) of LOVE TAKES ROOT is 45-2766894.
- Is LOVE TAKES ROOT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to LOVE TAKES ROOT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOVE TAKES ROOT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOVE TAKES ROOT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOVE TAKES ROOT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOVE TAKES ROOT?
- The 990 for the year ended December 31, 2025 names RICK WILKERSON.
- Who are the officers and directors of LOVE TAKES ROOT?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does LOVE TAKES ROOT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $355,494, expenses of $315,889 and total assets of $370,323 at year end.
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