Love Out Loud

What it reported doing in 2024

Other program services christmas for the city: christmas for the city began in 2008 and is a free community event. In 2024 (our seventeenth year), we partnered with 70 churches, 95 nonprofits, and 107 businesses. To make it all possible, approximately 1000+ volunteers hosted the free christmas party and welcomed 10,000+ people from winston- salem, nc and surrounding communities. The event has consistently convened a wide network of multi-sectoral partners and welcomed people across wide generational, racial and socio-economic lines. Fostering families resource center: fostering families resource center's mission is to support the growing and urgent needs of foster children, their families and the welfare agencies in northwest North Carolina. Fostering families resource center provides resources and support according to individual needs of foster families and children, at no cost to them. Gift mart: gift mart is a program in december of each year that allows families to shop for new and like new toys, clothes and other gifts for their children for christmas. These items are donated by community members and set up where parents or guardians can shop for any children in their home under the age of 21 years old at reduced prices, allowing them the dignity of purchasing gifts for their families. In 2024, gift mart served approximately 150 families, providing gifts to approximately 450 local children. Student camp: up to one hundred students who have completed the 6th through 12th grades attend a one-week overnight (or day) camp experience and are mobilized in the winston-salem area to make lasting transformational impact on their city and themselves. Each day student camp sends teams out into our city to serve with community partners, eat meals together at churches hearing multiple local experts on topics of food security, educational equity, health, housing and employment and then worshipping as a community at the winston square amphitheatre downtown. Students from a variety of backgrounds, churches and settings attend student camp each year. Repair the body solidarity fund: the repair the body solidarity fund is a call to white community members to help repair christ's body in our time. It is a call for repentance that prioritizes the good of black brothers and sisters, for the sake of the spirit healing us all. Through this fund, the vision is to see deeper christian discipleship, more faithful and thriving congregations, and a more just winston-salem. A collective of local black partners is united in christ to seek the flourishing and freedom of our beloved black communities. These partners seek to allocate resources received through the solidarity fund toward that end, distributing funds to black-led, grassroots, holistic and sustainable efforts that address historic and present injustices against black winston-salem. Una bendicion: una bendicion connection center is a volunteer-run program which serves families and individuals in northeast winston salem. They hold large food distributions every other saturday serving between 80-110 households at each opening. Throughout the year, they offer events for the whole community, share bilingual resources and information, take client referrals from partner organizations, and host medical clinic services. Una bendicion offers the gift mart efforts and is the primary point of contact for those 150 families and partnering organizations. Wake forest university study center: the wake forest university study center began its first months as a program under love out loud before applying and becoming a 501c3 nonprofit. The wake forest christian study center is a christian ministry coming alongside wake forest university to serve as a hub of christian life and thought with a focus on hospitality, partnerhsip, theological education, spritual formation, and the arts. Winston-salem pickup association: the winston-salem pickup association's mission is to create a welcoming soccer community that f

Financial Efficiency

• Mission deployment rate: 98.8%; rating input score 99
• Program expense ratio: 90.1%; rating input score 90
• Fundraising efficiency: $50.49 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

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: 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: 7 of 7 controls in place; rating input score 100
  • 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: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -9.6%; rating input score 17; 17th percentile among comparable filings
• Total-asset coverage ratio: 1.01; rating input score 43; 43rd percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 16.4% per year; rating input score 100; 77th percentile among comparable filings
• Revenue growth: 17.5% per year; rating input score 100; 82nd percentile among comparable filings
• Asset growth: 22.5% per year; rating input score 100; 85th percentile among comparable filings