Nonprofit · EIN 81-1115103
40 LOVE FOUNDATION INCORPORATED
Tax-exempt · CULVER CITY, CA 90231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $630,621 | $622,564 | $8,057 | $2,369 | $0 | $2,369 |
| December 31, 2023 | 990 | $634,822 | $619,344 | $15,478 | $785 | $6,473 | -$5,688 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $598,864
- of which government grants
- $592,849
- Program service revenue
- $31,757
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $143,500
- Other salaries and wages
- $36,152
- Salaries, compensation and benefits (total)
- $193,913
- Professional fundraising fees
- $0
- Legal fees
- $1,928
- Accounting fees
- $18,926
- Travel
- $14,882
- Program services (functional)
- $435,796
- Management and general (functional)
- $124,511
- Fundraising (functional)
- $62,257
Balance sheet and other
- Total assets, start of year
- $785
- Total assets, end of year
- $2,369
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,369
- Net assets without donor restrictions
- $2,369
- Gross receipts
- $630,621
- Employees
- 2
- Year formed
- 2016
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORIS OBIH | President & CEO Trustee or director | 40 | $143,500 |
| JERMAINE KELLY | Secretary Trustee or director | 8 | $0 |
| OMAR HENDERSON | CFO Trustee or director | 8 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORIS OBIH | President & CEO Trustee or director | 40 | $110,625 |
| JERMAINE KELLY | Secretary Trustee or director | 8 | $0 |
| OMAR HENDERSON | CFO Trustee or director | 8 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5445, CULVER CITY, CA 90231-5445
- In care of
- % DORIS OBIH
- Mailing address (990-N for 2019)
- PO Box 5445, Culver City CA 90231
- Principal officer (990 for 2024)
- DORIS OBIH, 915 W MANCHESTER BLVD 5-195, INGLEWOOD, CA 90301
- Principal officer (990-N for 2019)
- Doris Obih, PO Box 5445, Culver City CA 90231
- Signed the 990
- DORIS OBIH, President & CEO
- Phone
- (424) 378-2598
- Website
- https://40lovela.org/
- Return prepared by
- RUSLAN MAGIDOV
California records
California keeps its own records of charities and corporations. Search them by EIN 81-1115103 or by the name 40 LOVE FOUNDATION INCORPORATED.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
To enhance inner city communities with youth development programs that cultivate athletic talent, overall health, education, and community outreach.
Program accomplishments
- We have served over 1,000 participants through our tennis programs, educational tutoring, and social-emotional learning, focusing on underserved youth. Our programs include autism classes, tiny tots, and youth beginner and intermediate tennis lessons. Additionally, we host events that promote financial literacy, workforce development, and community service initiatives.Expenses $435,796
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 | Not 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
- 81-1115103
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $2,369
- Income (IRS master file)
- $630,621
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $630,621 | $622,564 | $2,369 | IRS |
| 990 | December 2023 | $634,822 | $619,344 | $785 | XML |
| 990 | December 2022 | $432,277 | $448,138 | -$20,093 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Doris Obih | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-1115103).
Questions about 40 LOVE FOUNDATION INCORPORATED
- What is the EIN of 40 LOVE FOUNDATION INCORPORATED?
- The employer identification number (EIN) of 40 LOVE FOUNDATION INCORPORATED is 81-1115103.
- Is 40 LOVE FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to 40 LOVE FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 40 LOVE FOUNDATION INCORPORATED 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 40 LOVE FOUNDATION INCORPORATED 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 40 LOVE FOUNDATION INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of 40 LOVE FOUNDATION INCORPORATED?
- The 990 for the year ended December 31, 2024 names DORIS OBIH.
- Who are the officers and directors of 40 LOVE FOUNDATION INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $143,500 (DORIS OBIH, President & CEO).
- How much revenue does 40 LOVE FOUNDATION INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $630,621, expenses of $622,564 and total assets of $2,369 at year end.
Other nonprofits in CULVER CITY
- ADVOCATES FOR LANGUAGE LEARNING EL MARINO EIN 26-1469065 · last filed 990 for 2025
- SHOWING WE CARE FOUNDATION EIN 82-4312132 · last filed 990-PF for 2024
- TENNIS FOR KIDS LA EIN 83-0588453 · last filed 990-N for 2024
- FLYPOET FOUNDATION EIN 45-4624263 · last filed 990-N for 2025
- LITTLE MISS MANNERS EIN 99-2821418 · last filed 990-N for 2025
- LETS CHAT EYE TO I EIN 83-0598093 · last filed 990-N for 2023
- THOROMAN WORLDWIDE EIN 93-4178248 · last filed 990-N for 2025
- CHARMBRACELET INC EIN 83-1554156 · last filed 990-N for 2025
All nonprofits in CULVER CITY · California · Youth development