Nonprofit · EIN 83-0769251
FUNDING LOVE CORP
Tax-exempt · CLERMONT, FL 34714
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $134,472 | $148,245 | -$13,773 | $77,816 | $17,938 | $59,878 |
| December 31, 2023 | 990 | $192,455 | $200,267 | -$7,812 | $73,651 | $0 | $73,651 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $145,773
- Investment income
- $36
- Net income from fundraising events
- -$15,955
- Other revenue
- $4,618
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $6,500
- Printing, publications and postage
- $621
- Other expenses
- $141,124
- Program services (functional)
- $133,859
Balance sheet and other
- Total assets, start of year
- $73,651
- Total assets, end of year
- $77,816
- Total liabilities, end of year
- $17,938
- Net assets, end of year
- $59,878
- Cash, savings and investments
- $50,839
- Gross receipts
- $179,400
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Malorie Elrod | Visionary Leader | 30 | $0 |
| Timothy Elrod | COO | 5 | $0 |
| Katelyn Duckworth | Birth Family Programs Director / President | 30 | $0 |
| Victoria Jones | Creative and Social Media Director | 5 | $0 |
| Susan Wilson | CFO | 1 | $0 |
| Sarah Basham | Vacation Director | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MALORIE ELROD | VISIONARY LEADER Officer | 30 | $0 |
| TIMOTHY ELROD | COO Officer | 5 | $0 |
| KATELYN DUCKWORTH | BIRTH FAMILY PROGRAMS DIRE Officer | 30 | $0 |
| VICTORIA JONES | CREATIVITY AND SOCIAL MEDI Officer | 5 | $0 |
| SUSAN WILSON | CFO Officer | 1 | $0 |
| SARAH BASHAM | VACATION DIRECTOR Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 17306 SAW PALMETTO AVE, CLERMONT, FL 34714-5462
- Mailing address (990-N for 2021)
- 21 ALABAMA AVENUE, SHARPSBURG GA 30277
- Principal officer (990-N for 2021)
- TIMOTHY ELROD, 21 ALABAMA AVENUE, SHARPSBURG GA 30277
- Signed the 990-EZ
- Katelyn Duckworth, Birth Family Programs Director Pres
- Phone
- (954) 610-0293
- Website
- https//www.fundinglove.com
- Return prepared by
- Foundation Group Inc
Mission
Supporting post-adoption, empowering families and mothers.
Program accomplishments
- Create post-adoption experiences for adoptive families and birth mothers to strengthen bonds, build community, and restore lives. Programs include all-expenses-paid Adoptive Family and Birth Mother vacations to Disney World.Expenses $133,859
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-0769251
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $77,816
- Income (IRS master file)
- $179,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $134,472 | $148,245 | $77,816 | XML |
| 990 | December 2023 | $192,455 | $200,267 | $73,651 | XML |
| 990 | December 2022 | $97,792 | $73,230 | $81,463 | IRS |
| 990-N for 2021 Officer: TIMOTHY ELROD | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0769251).
Questions about FUNDING LOVE CORP
- What is the EIN of FUNDING LOVE CORP?
- The employer identification number (EIN) of FUNDING LOVE CORP is 83-0769251.
- Is FUNDING LOVE CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to FUNDING LOVE CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUNDING LOVE CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUNDING LOVE CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUNDING LOVE CORP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of FUNDING LOVE CORP?
- The 990-N for 2021 names TIMOTHY ELROD.
- Who are the officers and directors of FUNDING LOVE CORP?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does FUNDING LOVE CORP have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $134,472, expenses of $148,245 and total assets of $77,816 at year end.
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All nonprofits in CLERMONT · Florida · Philanthropy, voluntarism and grantmaking foundations