Wings of Love Inc
Nonprofit profile at a glance
- EIN
- 954602120
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3109283713
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $3,500
- Expenses
- $3,500
- Assets
- $100
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Silvia Meave (President)
People named in this filing
- Roome Hameed (Treasurer)
- Silvia Meave (President)
- Emil Feller (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wings of Love, Inc.'s commitment is to help to create a virtuous circle of social responsibility, wealth, wellness, wisdom and freedom for everybody in the world, by promoting and developing economic and educational programs, projects and campaigns which help to improve life of small communities, impoverished regions or any social groups that have no enough learning, financial or technological resources to overcome the Globalization wealth gap.
What it reported doing in 2024
In 2024, Wings of Love, Inc. kept working on its established programs (UCanBeHealthier, Young Entrepreneurs, and Netizen Bilingual Journalism). During the year we developed some new video channels to attract potential beneficiaries as well as provide a public service to general audiences. We're working on contents for Young Entrepreneurs and some inspirational contents to motivate online audiences to engage in our nonprofit activities. The Hello Humanity! TV channel has reached almost 30K subscribers, the UCanBeHealthier TV reached 12,408 subscribers and so on. We also started 2 podcasts to broadcast inspirational information related to positive topics for entrepreneurs and creators.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program 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. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.9%; rating input score 43
- Program expense ratio: 42.9%; rating input score 43
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -8% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: -5.5% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: -31% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 42.9% of revenue deployed · 42.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- 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 43/100.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.