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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 88-2513348

I LOVE YOU SO MUCH FOUNDATION

Tax-exempt · AUSTIN, TX 78716

Financials

$25K$13K2023$26K$14K2024
Revenue Expenses · by fiscal year end
Financials of I LOVE YOU SO MUCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$26,088$14,047$12,041$125,806$0$125,806
December 31, 2023990$25,000$13,152$11,848$113,765$0$113,765
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$26,088
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$588
Depreciation
$6,230
Program services (functional)
$14,047

Balance sheet and other

Total assets, start of year
$113,765
Total assets, end of year
$125,806
Total liabilities, end of year
$0
Net assets, end of year
$125,806
Land, buildings and equipment
$100,284
Gross receipts
$26,088
Employees
0
Volunteers
0
Year formed
2022
State of legal domicile
TX

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
IDA FLOYDPRESIDENT/SECRETARY
Trustee or director
5$0
BOBBY FLOYDTREASUER
Trustee or director
1$0
KIM FLOYDVISE-PRESIDENT
Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
IDA FLOYDPRESIDENT/SECRETARY
Trustee or director
5$0
BOBBY FLOYDTREASUER
Trustee or director
1$0
KIM FLOYDVISE-PRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 160911, AUSTIN, TX 78716-0911
In care of
% IDA FLOYD
Principal officer (990 for 2024)
BOBBY FLOYD, PO BOX 160911, AUSTIN, TX 78716
Signed the 990
BOBBY FLOYD, TREASURER
Phone
(832) 331-3133
Return prepared by
HOSPITAL HOUSEKEEPING SYSTEMS LLC

Mission

I LOVE YOU SO MUCH MISSION IS TO PROVIDE CLOTHING TO TEENAGE GIRLS IN THE FOSTER CARE SYSTEM, TEENS EXPERIANCING HOMELESSNESS AND OTHER TEENS IN NEED OF EXTRA LOVE.

990 for the year ended December 31, 2024

Program accomplishments

  • I LOVE YOU SO MUCH PROVIDES A CLOTHING STORE FOR TEENAGE GIRLS TO CHOOSE CLOTHES FOR THEMSELVES FREE OF CHARGE.
    Expenses $14,047 · revenue $26,088

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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

File the 2025 990-N for I LOVE YOU SO MUCH FOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
88-2513348
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
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P32)
Assets (IRS master file)
$125,806
Income (IRS master file)
$26,088

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$26,088$14,047$125,806XML
990December 2023$25,000$13,152$113,765XML
990December 2022$105,000$3,083$101,917IRS

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 88-2513348).

Questions about I LOVE YOU SO MUCH FOUNDATION

What is the EIN of I LOVE YOU SO MUCH FOUNDATION?
The employer identification number (EIN) of I LOVE YOU SO MUCH FOUNDATION is 88-2513348.
Is I LOVE YOU SO MUCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to I LOVE YOU SO MUCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does I LOVE YOU SO MUCH FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of I LOVE YOU SO MUCH FOUNDATION 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 I LOVE YOU SO MUCH FOUNDATION 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 I LOVE YOU SO MUCH FOUNDATION?
The 990 for the year ended December 31, 2024 names BOBBY FLOYD.
Who are the officers and directors of I LOVE YOU SO MUCH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does I LOVE YOU SO MUCH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $26,088, expenses of $14,047 and total assets of $125,806 at year end.

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