LOVE INC OF METRO TAMPA INC

EIN: 812456286 501(c)(3) Religion

TAMPA, FL

Total Revenue
$348,501
Total Expenses
$339,031
Total Assets
$173,935
Net Assets
$173,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
CHALETTE DAVIS
Phone
8134669166
Tax Period
2025-01-01 to 2025-12-31

LOVE INC OF METRO TAMPA INC, founded in 2016, is a small nonprofit in the Religion sector that reported $349K in total revenue in fiscal year 2025. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

LOVE INC OF METRO TAMPA HAS A MISSION TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST. WE USE A PROVEN MODEL THAT NETWORKS LOCAL CHURCHES, CHURCH VOLUNTEERS AND COMMUNITY ORGANIZATIONS TOGETHER TO HELP PEOPLE IN NEED. THROUGH OUR HELP CENTER CLEARINGHOUSE APPROACH, CHURCHES AND VOLUNTEERS ARE MOBILIZED TO WORK TOGETHER, ACROSS DENOMINATIONAL LINES. THIS ALLOWS US TO OFFER COORDINATED SUPPORT FOR STRUGGLING NEIGHBORS WITH BASIC NEEDS SUCH AS FOOD, FURNITURE AND SHELTER. THROUGH OUR TRANSFORMATIONAL MODEL, OUR FOCUS IS TO ENCOURAGE AND INSPIRE OUR GUESTS TO CONNECT WITH A MENTOR AND JOIN US IN LONG-TERM PERSONAL DEVELOPMENT EXPERIENCES LIKE FINANCIAL PLANNING, HEALTH & WELLNESS, GOAL SETTING OR EMPLOYMENT ASSISTANCE. THIS MAKES US DIFFERENT BY DESIGN - MOBILIZING CHURCH MISSIONS AND RESOURCES TO TRANSFORM LIVES AND PUT GOD'S LOVE ON DISPLAY.

Program Service Accomplishments

Program 1
Expenses: $339,031 Revenue: $346,949

IN 2025, LOVE INC SERVED OVER 620 INDIVIDUALS, INCLUDING 341 WHO WERE CONNECTED TO DEEPER, HOLISTIC CARE THROUGH OUR NETWORK OF CHURCHES AND RELATIONAL MINISTRIES, WHILE ALSO WALKING ALONGSIDE MORE...

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IN 2025, LOVE INC SERVED OVER 620 INDIVIDUALS, INCLUDING 341 WHO WERE CONNECTED TO DEEPER, HOLISTIC CARE THROUGH OUR NETWORK OF CHURCHES AND RELATIONAL MINISTRIES, WHILE ALSO WALKING ALONGSIDE MORE THAN 325 FAMILIES IN ONGOING, RELATIONSHIP-BASED SUPPORT--MANY REFERRED BY OUR 21 CHURCH PARTNERS--ACROSS OUR HELP CENTER, GAP MINISTRIES, REACH PROGRAM, AND ONE-ON-ONE MENTORSHIP.

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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 (2025)

Revenue Breakdown

Contributions & Grants $346,949
Program Service Revenue $0
Investment Income $1,552
Other Revenue $0
TOTAL REVENUE $348,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,555
Fundraising Expenses $0
Program Expenses $339,031
Other Expenses $129,476
TOTAL EXPENSES $339,031

Year-over-Year Comparison

2025 2024 Change
Revenue $348,501 $233,105 +0.5%
Expenses $339,031 $255,736 +0.3%
Net Income $9,470 $-22,631 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
4
Volunteers
N/A

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
$65,000
Total Directors
1
$65,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHALETTE DAVIS EXECUTIVE DIRECTOR 40.00
Officer Director
$65,000 $0 $65,000
JACQUELINE LEEKS VICE CHAIR 0.50
Officer
$0 $0 $0
THADDEUS BEREDAY CHAIR 2.00
Officer
$0 $0 $0
LOGAN RODRIGUEZ TREASURER 2.00
Officer
$0 $0 $0
RANDALL DOBSON SECRETARY 0.50
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
2025 $348,501 $339,031 $173,935 $9,470
2024 No data No data No data No data
2023 $224,289 $247,334 $184,248 $-23,045
2022 $349,921 $253,865 $205,776 $96,056
2021 $293,560 $220,049 $109,932 $73,511
2020 $233,734 $192,796 $242,355 $40,938
2018 $242,277 $128,223 $228,953 $114,054
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