Love Grow Live Center Inc

Nonprofit profile at a glance

EIN
862889651
IRS 990-EZ coverage
2023–2023
Forms available
Form 990 2022, Form 990-EZ 2023, Form 990-N 2021
Location
Edmond, OK, USA
Phone
9189462662
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$189,766
Expenses
$188,395
Assets
$1,373

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • Brandon L Sims (Chief Executive Officer)

People named in this filing

  • Brandon L Sims (Chief Executive Officer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Love Grow Live Center, Inc. seeks to sow love and growth into the community by operating much-needed programs that will enrich the lives of the communities we serve. We will strive to create and sustain quality programs and services that create opportunities for Northeast Oklahoma City and surrounding communities to Love, Grow, and Live successfully in this 21st Century age. Our vision is to provide services that drives strong support for families and young people in Northeast Oklahoma City to navigate historic and systemic inequalities in resources, power and opportunity for the underserved communities.

What it reported doing in 2023

Love Grow Live Center, Inc. is dedicated to providing accessible, high-quality, and affordable child care services designed to meet the needs of families within Oklahoma City's underserved communities. Our child care program was established with a mission to build and sustain reliable early childhood education opportunities that support working families and promote the healthy development of every child in our care. Through our services, we strive to remove barriers that prevent families from accessing affordable child care. By offering sliding-scale fees, flexible scheduling, and enriching educational programs, Love Grow Live Center, Inc. empowers parents to pursue employment and education while ensuring their children receive a safe, nurturing, and developmentally appropriate environment. Our child care program not only enhances early learning outcomes but also contributes to the social and economic stability of the families we serve. Each dollar invested in our services helps build a stronger foundation for childrens growth and fosters a more resilient, thriving community in Oklahoma City. In essence, our program serves as both a support system and a catalyst; helping families grow, communities live stronger, and children love learning.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 74
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.3%; rating input score 99
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.7%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.7%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -15.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -197.4% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 99.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $188K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.