Love-in-deed Community Development Corporation

Nonprofit profile at a glance

EIN
462576164
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Wilmington, DE, USA
Phone
3023848045
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$32,728
Expenses
$28,258
Assets
$701,334
Liabilities
$184,596

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Rachel R Howell (CEO)

People named in this filing

  • Rachel R Howell (CEO)
  • Betty Jean Moore-Thompson (Program Manager, LIDCDC Food Closet)
  • Shala Owens (Development Director)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to provide programs, services, and community development projects to educate and equip individuals and families to improve their quality of life and promote self-sufficiency.

What it reported doing in 2024

Love-In-Deed Food Closet. The LIDCDC Food Closet operates throughout the year servicing residential and homeless individuals of Delaware every 3rd Saturday of each month who are in need of emergency food relief, clothing, and personal hygienic items. Volunteers work throughout the month collecting, sorting, packaging, and distributing food by way of drive-up food giveaways, or clients who walk up to the site. Each month 6,000 lbs of food is distributed to about 180-200 families. Boxes and bags are packaged to feed a family of four approx. 3-4 days. Partnerships have been established between the LIDCDC food closet and local and regional businesses and community agencies such as The New Castle County Community Services, Westside Family Healthcare, Nemours Children's Hospital, and Amazon. The food closet also has partnerships with local grocers and food suppliers such as Bimbo Bakery, Shoprite, Acme, and Food Lion. Traffic flow is directed with the support of DelDot (Delaware Dept of Transportation). Program funds utilized to create a Superfoods Urban Garden in support of providing fresh produce for food closet visitors, and used as visual topic lessons on healthy eating for youth in the RISE Program. Youth participants were also educated on moving onto better nutritional habits and learned how to plant a garden. Other program funds were allocated to equipment purchases: conveyors, refrigeration, and platform trucks and dollies to aid in the harvesting and storage of produce.

Operating model

Revenue model
Other-operating. 69% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 90
  • Accountability: 30
  • Sustainability: 65
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.8%; rating input score 42
  • Program expense ratio: 48.4%; rating input score 48
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.7%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 24.82; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -86.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -33.3% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 49.9% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 41.8% of revenue deployed · 48.4% of spending went to programs
  • Governance: 0 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $14K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 42 of 42 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 42/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.