Love Inc of Boise Community Incorporated

Nonprofit profile at a glance

EIN
743226089
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2012, Form 990-N 2010
Location
Boise, ID, USA
Phone
2083773502
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Personal Social Services
Affiliation
Christianity

Reported finances

Revenue
$326,646
Expenses
$317,128
Assets
$306,961
Liabilities
$3,335

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JANICE LEIGHTON (Vice President)
  • TRACEY VAINE (President)

Highest reported compensation

  • HONI DEATON (Executive Dir.): $50,200 total reported compensation
  • JEFF DEATON (DIRECTOR OF OPERATIONS): $45,200 total reported compensation
  • VICKY KNAPP (ABUNDANT LIVING DIRECTOR): $35,533 total reported compensation

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

Overview

Mission

Love INCs mission is to serve individuals and families in need by mobilizing local churches and community resources, fostering hope and promoting self-sufficiency. The vision is a transformed community where love, compassion, and support enable every person to thrive with dignity. By building partnerships and addressing the root causes of poverty, Love INC aspires to create a society where everyone has access to essential resources and a strong support network, ensuring that no one faces hardship alone.How we Operate: People find out about our organization in multiple ways. They get our contactinformation from either their local church, from the 211 navigation, and from word of mouth from friends and acquaintances. They call our Care Center and that is their first point of contact with us. Our desire is to help them with their needs and build lasting, meaningful relationships with them. We then are able to help them with many different types of services from clothing to hygiene items an

What it reported doing in 2024

OVERALL PROGRAM ACCOMPLISHMENTS: In whole, 2024 was a very successful year for Boise Love INC in many different ways.We worked hard to embody our mission within our community and also bring moreawareness to churches, organizations, and the general public. We have also seen hugecollaborative efforts from the many different organizations in the Treasure Valley that desire to help to improve the quality of life for the people in our community. Boise Love INC continues to work in lock-step with Love INC of the Treasure Valley to ensure that all areas of this valley are supported and shown the love of Jesus while helping them through troubling and hard times. Both of us are affiliates for the same Love INC national organization that share the same exact mission.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 61% for direct work, and 39% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.7%; rating input score 72
  • Program expense ratio: 73.8%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.9%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 46.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 19.3% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 71.7% of revenue deployed · 73.8% of spending went to programs
  • Governance: 5 of 5 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $234K in reported program spending
  • Leadership: top reported pay $50K · 11 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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 — Sustainability: Operating margin scored 46/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.