MAXIMUM IMPACT LOVE INC

EIN: 364685861 501(c)(3) Human Services

ATLANTA, GA

Total Revenue
$1,884,777
Total Expenses
$1,744,206
Total Assets
$1,449,660
Net Assets
$1,442,362
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
GA
Principal Officer
NICK BURROUGHS
Phone
4046918900
Tax Period
2024-01-01 to 2024-12-31

MAXIMUM IMPACT LOVE INC, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.7M left a modest 7% surplus.

Mission

THE ORGANIZATION PROVIDES FOOD FOR THE NEEDY, PANTRY PARTNERS, CHURCHES, AND OTHER CHARITABLE ORGANIZATIONS IN GEORGIA. WE ALSO PROVIDE MONETARY ASSISTANCE TO FAMILIES AND INDIVIDUALS THAT QUALIFY FOR HOUSING, UTILITIES, MEDICAL, AND AUTOMOBILE EXPENSES. WE ASSIST THOSE AFFECTED BY NATURAL DISASTERS; HURRICANES, TORNADOES, FLOODS, OR FIRES, WILLING TO HELP WITH SUPPLIES AND CRITICAL NEEEDS. OUR ORGANIZATION SPONSORS THREE MAJOR EVENTS ANNUALLY AT NO COST TO THE ATTENDEES; THE SPRING FOOD GIVEAWAY EVENT PROVIDES FOOD TO MORE THAN 2,500 FAMILIES; THE BACK-TO-SCHOOL BOOK BAG EVENT GIVES AWAY OVER 2,000 BAGS WITH SUPPLIES TO START THE SCHOOL YEAR OFF; AND OUR CHRISTMAS EVENT, WHICH PROVIDES OVER 400 NEW BIKES, COATS, CLOTHES AND 4,000 WRAPPED GIFTS. THE MAJOR EVENTS ALSO INCLUDE HEALTH CARE ASSESSMENTS, DENTAL AND WELL-CHECK, HAIRCUTS, FREE FOOD, AND OTHER FUN EVENTS FOR THE CHILDREN. WE ARE A CHRISTIAN ORGANIZATION, AND WE ALWAYS PRESENT THE GOSPEL TO ALL THAT ATTEND THE EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,626,981
Program Service Revenue $52,917
Investment Income $21,562
Other Revenue $183,317
TOTAL REVENUE $1,884,777

Expense Breakdown

Grants Paid $110,714
Salaries & Benefits $541,165
Fundraising Expenses $0
Program Expenses $1,580,854
Other Expenses $1,092,327
TOTAL EXPENSES $1,744,206

Year-over-Year Comparison

2024 2023 Change
Revenue $1,884,777 $2,227,526 -0.2%
Expenses $1,744,206 $2,466,197 -0.3%
Net Income $140,571 $-238,671 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
7
Volunteers
45

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
5
$112,650
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DREW SEWELL PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN R SEWELL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHAD ALVIS TREASURER 1.00
Officer Director
$0 $0 $0
DAVID ATEN SECRETARY 1.00
Officer Director
$0 $0 $0
ROBBIE FINLEY DIRECTOR 1.00
Director
$0 $0 $0
NICK BURROUGHS EXECUTIVE DIRECTOR 40.00
Officer
$112,650 $0 $112,650
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
2024 $1,884,777 $1,744,206 $1,449,660 $140,571
2023 $2,227,526 $2,466,197 $1,044,872 $-238,671
2022 $2,011,364 $3,375,446 $1,215,696 $-1,364,082
2021 $2,349,277 $1,288,622 $2,676,392 $1,060,655
2020 $2,776,461 $1,423,979 $1,615,737 $1,352,482
2019 $762,889 $862,316 $263,255 $-99,427
2018 $1,226,178 $846,124 $362,682 $380,054
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