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Nonprofit · EIN 64-0670858

LOVE INC

Tax-exempt · MERIDIAN, MS 39302

Financials

$211K$182K2023$231K$178K2024
Revenue Expenses · by fiscal year end
Financials of LOVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$230,718$177,631$53,087$845,522$0$845,522
December 31, 2023990$211,325$181,661$29,664$793,716$1,281$792,435
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$223,792
of which government grants
$7,000
Program service revenue
$0
Investment income
$6,926
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$59,228
Other salaries and wages
$29,678
Salaries, compensation and benefits (total)
$96,399
Professional fundraising fees
$0
Accounting fees
$2,625
Occupancy
$21,604
Depreciation
$12,689
Program services (functional)
$153,322
Management and general (functional)
$24,309

Balance sheet and other

Total assets, start of year
$793,716
Total assets, end of year
$845,522
Total liabilities, end of year
$0
Net assets, end of year
$845,522
Land, buildings and equipment
$286,829
Net assets without donor restrictions
$815,122
Net assets with donor restrictions
$30,400
Gross receipts
$230,718
Employees
8
Volunteers
10
Year formed
1983
State of legal domicile
MS

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
FANNIE JOHNSONEXECUTIVE DIRECTOR
Trustee or director, Key employee
40$0
TYLER WALTONBOARD MEMBER
Trustee or director
0$0
SALLY NEVILLEVICE PRESIDENT
Trustee or director, Officer
0$0
MARK BENSONBOARD MEMBER
Trustee or director
0$0
JOHN NORTHAMPRESIDENT
Trustee or director, Officer
0$0
CHARLES FRAZIERBOARD MEMBER
Trustee or director
0$0
JADA MCKINIONTREASURER
Trustee or director, Officer
0$0
ELIC PURVISBOARD MEMBER
Trustee or director
0$0
NORMAN COLEMANSECRETARY
Trustee or director
0$0
ADRIAN PHILLIPSBOARD MEMBER
Trustee or director, Officer
0$0
CD SMITHBOARD MEMBER
Trustee or director
0$0
KEN SCOTTBOARD MEMBER
Trustee or director
0$0
BEVERLY KNOXBOARD MEMBER
Trustee or director
0$0
JULIA NORMANBOARD MEMBER
Trustee or director
0$0
SCOTT GRAYBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
AUSTIN MCGEHEEBOARD MEMBER
Trustee or director
0$0
MARK BENSONBOARD MEMBER
Trustee or director
0$0
SCOTTY COLEBOARD MEMBER
Trustee or director
0$0
CHARLES FRAZIERBOARD MEMBER
Trustee or director
0$0
SALLY NEVILLEBOARD MEMBER
Trustee or director
0$0
FANNIE JOHNSONEXECUTIVE DIRECTOR
Trustee or director, Key employee, Highest-paid employee
40$0
SCOTTY COLEBOARD MEMBER
Trustee or director
0$0
LIBBY BOUNDSSECRETARY
Trustee or director, Officer
0$0
JOHN NORTHAMPRESIDENT
Trustee or director, Officer
0$0
TYLER WALTONPAST PRESIDENT
Trustee or director, Officer
0$0
JADA MCKINIONTREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 562, MERIDIAN, MS 39302-0562
In care of
% FANNIE JOHNSON
Signed the 990
FANNIE JOHNSON, EXECUTIVE DIRECTOR
Return prepared by
Culpepper Culpepper & Hurtt CPA PA

Mission

PROVIDING MEALS TO NEEDY INDIVIDUALS

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THIS ORGANIZATION IS TO FEED ALL PEOPLE IN NEED IN OUR COMMUNITY.
    Expenses $153,322 · revenue $230,718

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
64-0670858
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
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$845,522
Income (IRS master file)
$230,718

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$230,718$177,631$845,522IRS
990December 2023$211,325$181,661$793,716XML
990December 2022$270,051$193,927$764,712IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 64-0670858).

Questions about LOVE INC

What is the EIN of LOVE INC?
The employer identification number (EIN) of LOVE INC is 64-0670858.
Is LOVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to LOVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOVE INC 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 INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of LOVE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does LOVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $230,718, expenses of $177,631 and total assets of $845,522 at year end.

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