WE R LOVE FOUNDATION

EIN: 271225741 501(c)(3) International Affairs

Corinth, TX

Total Revenue
N/A
Total Expenses
$3,490
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
Rene Lumene
Phone
2246234469
Tax Period
2021-01-01 to 2021-12-31

Mission

The non-profit has been active doing small events in the DFW to help women and homeless population.

Program Service Accomplishments

Program 1
Expenses: $3,490 Revenue: $0

HOMELESSNESS Homelessness is a pressing issue facing the US and the entire world. Everyone needs basic items, such as food, water, and shelter, to survive. However, many homeless individuals don't...

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HOMELESSNESS Homelessness is a pressing issue facing the US and the entire world. Everyone needs basic items, such as food, water, and shelter, to survive. However, many homeless individuals don't have a reliable source to receive these necessities. In 2019, over 500,000 people experienced homelessness, with over 25% of those people living unsheltered. Due to COVID-19, the number of people experiencing homelessness has greatly increased. During this pandemic, people have lost their jobs, income, and homes, making our help even more necessary. We R Love Foundation sees this prevalent problem and wants to help by partnering with local shelters and doing service projects.

Program 2
Expenses: $0 Revenue: $0

Education is a vital tool for the success and improvement of the world. It sets us up for success, nurtures tolerance, and creates the possibility of a brighter future. Currently, there is a wide gap...

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Education is a vital tool for the success and improvement of the world. It sets us up for success, nurtures tolerance, and creates the possibility of a brighter future. Currently, there is a wide gap in student achievement between children of low vs. high-income families in the US. Children in poverty score about three grades behind those of high-income families. 1 in 6 children in the US is impoverished, meaning a large percentage of children have low student achievement rates. Their chances of escaping poverty are low due to this immense gap. We hope to help lessen this obstacle and work towards giving children the education they need through service projects, partnerships, volunteering, and donations.

Program 3
Expenses: $0 Revenue: $0

HEALTH Health is a vital part of growth and development. Good health also improves quality of life. Unfortunately, around 44 million people in the US don't have basic health care. This issue has been...

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HEALTH Health is a vital part of growth and development. Good health also improves quality of life. Unfortunately, around 44 million people in the US don't have basic health care. This issue has been heightened with the recent pandemic. The lack of access to adequate healthcare has become more prominent. We recognize this daunting issue and want to aid communities in this area by fundraising, volunteering, and partnering with local charities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,490
Other Expenses $3,490
TOTAL EXPENSES $3,490

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $5,000 -1.0%
Expenses $3,490 $4,000 -0.1%
Net Income N/A $1,000 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rene Lumene Officer 15
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 No data $3,490 No data No data
2020 No data No data No data No data
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