Love Inc of Boise Community Incorporated

EIN: 743226089 501(c)(3) Human Services

BOISE, ID

Total Revenue
$296,859
Total Expenses
$306,568
Total Assets
$302,682
Net Assets
$294,108
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
ID
Principal Officer
TRACEY VAINE
Phone
2083773502
Tax Period
2023-01-01 to 2023-12-31

Love Inc of Boise Community Incorporated, founded in 2008, is a small nonprofit in the Human Services sector that reported $297K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Love INCs mission is to serve individuals and families in need by mobilizing local churches and community resources, fostering hope and promoting self-sufficiency. The vision is a transformed community where love, compassion, and support enable every person to thrive with dignity. By building partnerships and addressing the root causes of poverty, Love INC aspires to create a society where everyone has access to essential resources and a strong support network, ensuring that no one faces hardship alone.How we Operate:People find out about our organization in multiple ways. They get our contact information from either their local church, from the 211 navigation, or from word of mouth from friends and acquaintances. They call our Care Center and that is their first point of contact with us. Our desire is to help them with their needs and build lasting, meaningful relationships with them. We then are able to help them with many different types of services from clothing to hygiene items an

Program Service Accomplishments

Program 1
Expenses: $106,765

OVERALL PROGRAM ACCOMPLISHMENTS: In whole, 2023 was a very successful year for Boise Love INC in many different ways. We worked hard to embody our mission within our community and also bring more...

Read more

OVERALL PROGRAM ACCOMPLISHMENTS: In whole, 2023 was a very successful year for Boise Love INC in many different ways. We worked hard to embody our mission within our community and also bring more awareness to churches, organizations, and the general public. We have also seen huge collaborative efforts from the many different organizations in the Treasure Valley that desire to help to improve the quality of life for the people in our community. One of the biggest achievements that happened in 2023 was a true unification between Boise Love INC and Treasure Valley Love INC. Both of us are affiliates for the same Love INC national organization that share the same exact mission. Our desire is to help people in need that live in our community. We are working to be on mission together in order to make sure that all areas and communities within our Valley are supported and cared for. We are Love In The Name of Christ.

Program 2
Expenses: $70,665

We also have a transformational program called Abundant Living. This is a free program that offers many different holistic classes to help people to rise up from hard life situations in order to have...

Read more

We also have a transformational program called Abundant Living. This is a free program that offers many different holistic classes to help people to rise up from hard life situations in order to have an abundant life. These classes include but are not limited to, Budgeting, Grounded Living, Relationships, Personal Boundaries, Single Parenting, Fitness & Nutrition, Cooking, Anger Management, Christ 101, and more. We also offer childcare so the parents can take part in the program without needing to make arrangements for their children.

Program 3
Expenses: $63,561

In 2023, We saw a steep increase in the number of people that were calling into our Care Center needing help and support. This increase has been from the homeless community, refugees, Case Managers...

Read more

In 2023, We saw a steep increase in the number of people that were calling into our Care Center needing help and support. This increase has been from the homeless community, refugees, Case Managers, and other people within our community. We have worked to strengthen current relationships and to develop new relationships with other organizations that offer different types of resources that we currently do not offer. We do this to help people that call into our Care Center by giving them referrals to the resources that they desperately need. Along with our increase in the number of people that are calling into our Care Center, we are experiencing the same increase of people that are enrolling into our Abundant Living program. We have worked to update all of our class curriculum so that it is current for our community, technology, and state of our ever changing relationship situations while remaining engaging and easy to interpret and understand. We foresee this development of curriculum to continue into 2024 and 2025.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $262,312
Program Service Revenue $0
Investment Income $774
Other Revenue $33,773
TOTAL REVENUE $296,859

Expense Breakdown

Grants Paid $104,168
Salaries & Benefits $159,311
Fundraising Expenses $0
Program Expenses $240,991
Other Expenses $43,089
TOTAL EXPENSES $306,568

Year-over-Year Comparison

2023 2022 Change
Revenue $296,859 $254,482 +0.2%
Expenses $306,568 $253,477 +0.2%
Net Income $-9,709 $1,005 -10.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
9
Volunteers
74

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
2
$26,417
Total Directors
8
$37,742
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HONI DEATON Executive Dir. 36.00
Director
$37,742 $0 $37,742
VICKY KNAPP ABUNDANT LIVING COORDINATOR 35.00
$31,286 $0 $31,286
PAUL SIMMONS Executive Dir. 40.00
Officer
$26,417 $0 $26,417
ANDREA SMART DIRECTOR OF OPERATIONS 40.00
$19,390 $0 $19,390
JEFF DEATON DIRECTOR OF OPERATIONS 40.00
$17,092 $0 $17,092
TINA GAFFORD OFFICE ADMINISTRATOR 20.00
$12,083 $0 $12,083
MARY KOLBET DONATION STATION 20.00
$1,941 $0 $1,941
STEPHANIE LYNCH OFFICE ADMINISTRATOR 20.00
$1,285 $0 $1,285
LESA BARKER CARE CENTER COORDINATOR 30.00
$755 $0 $755
JANICE LEIGHTON Secretary 2.00
Director
$0 $0 $0
DAWN WINTER Treasurer 2.00
Director
$0 $0 $0
KEN DUNHAM BAORD MEMBER 2.00
Director
$0 $0 $0
VIC CLAPP BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE DUTY Board Member 2.00
Director
$0 $0 $0
TRACEY VAINE President 2.00
Director
$0 $0 $0
GREGG POWERS Board Member 1.00
Director
$0 $0 $0
MICHAEL MOORE President 4.00
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
2024 No data No data No data No data
2023 $296,859 $306,568 $302,682 $-9,709
2022 $254,482 $253,477 $311,274 $1,005
2021 $385,358 $241,537 $307,067 $143,821
2020 $313,952 $291,213 $187,559 $22,739
2019 $359,069 $337,265 $139,947 $21,804
2018 $379,699 $350,672 $117,879 $29,027
Explore More Nonprofits
Top 100 Nonprofits in Idaho Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Love Inc of Boise Community Incorporated with other nonprofits in Idaho and across the country.