BBB Wise Giving Report for
Love146

BBB Wise Giving Report issued June 2011
BBB Wise Giving Report expires August 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Love146
Address: 132 Temple Street, 2nd Floor
  New Haven, CT 06510
Phone: 203-772-4420
203-789-1135
Web Address: www.love146.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2004, Connecticut
Affiliates: None
Stated Purpose: "to work toward the abolition of child sex trafficking and exploitation through prevention and aftercare programs."

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Evaluation Conclusions

               

Love146 meets the 20 Standards for Charity Accountability.
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Programs

               

Love146 works toward the abolition of child sex trafficking and exploitation through prevention and aftercare. Love146 trains aftercare workers, assists safehomes, and aids socioeconomic development programs in high risk communities. The organization has initiated two main program areas to combat the issue of child sex trafficking and exploitation. Protect & Defend – PREVENTION, aims to reduce the risk for children in “high traffic” areas and raising awareness of the issue. Restore & Empower – AFTERCARE, provides training to caregivers and provides safehomes and researches best practices for aftercare.

For the year ended December 31, 2008, Love146's program expenses were:

  
Program services 868,924
Total Program Expenses: $868,924
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Governance

               

Chief Executive : Robert Morris , President & Co-Founder
Compensation*:
 $85,000

Chair of the Board: Stephan Bauman
Chair's Profession / Business Affiliation: Senior Vice President, World Relief

Board Size: 7

Paid Staff Size: 14

*2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Grant proposals, Internet appeals, and speaking at events.
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $1,419,968, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Love146's audited financial statements for the year ended December 31, 2008.

Source of Funds  
Contributions and grants 1,318,108
Special events (net) 97,860
Donated services 4,000
Other 742
Total Income $1,420,710


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Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 11%  Administrative: 15% 

Total income   $1,420,710
  Program expenses $868,924
  Fund raising expenses 124,175
  Administrative expenses 180,695
 
Total expenses   $1,173,794
Income in Excess of Expenses   246,916
Beginning net assets   102,091
Ending net assets   349,007
Total liabilities   34,166
Total assets   $383,173


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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