2023-05-15T16:37:53-05:00 2022-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2022-01-01 463732667 LATINAS ON THE VERGE OF EXCELLENCE- LOVE INC LATI 9174464904 1460 BROADWAY NEW YORK NY 10036 CLAUDIA ESPINOSA EXECUTIVE DIRECTOR 9174464904 2023-05-15 1 CLAUDIA ESPINOSA 999009999 0 YIGIT UCTUM CPA P01269549 2125511724 2023-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CLAUDIA ESPINOSA 1460 BROADWAY NEW YORK NY 10036 456846 0 X WWW.LOVEMENTORING.ORG X 2013 NY L.O.V.E. SUPPORTS AND EMPOWERS YOUNG LATINAS TO STRIVE BOTH IN SCHOOL AND IN LIFE BY PROVIDING POSITIVE ROLE MODELS. THE L.O.V.E. MENTORING PROGRAM WORKS IN PARTNERSHIP WITH ORGANIZATIONS, UNIVERSITIES AND PUBLIC SCHOOLS, WHOSE MISSION ARE TO ENHANCE THE WELL BEING OF YOUNG GIRLS AND HISPANIC COMMUNITIES IN NEW YORK. THE L.O.V.E. MENTORING PROGRAM RECRUITS FEMALE UNIVERSITY STUDENTS TO SUPPORT, GUIDE, AND BE A ROLE MODEL TO YOUNG LATINAS DURING THEIR HIGH SCHOOL YEARS. 7 6 9 20 0 0 266101 303315 129625 139075 219 360 -10820 -28848 385125 413902 24861 6693 0 0 173037 231467 0 0 77797 74621 119363 272519 357523 112606 56379 380346 445663 43054 51992 337292 393671 X THE LATINAS ON THE VERGE OF EXCELLENCE - L.O.V.E. MENTORING PROGRAM SUPPORTS AND EMPOWERS YOUNG LATINAS TO STRIVE FOR SUCCESS, BOTH IN SCHOOL AND IN LIFE, THROUGH MENTORSHIP AND HEALTH INTERVENTIONS TARGETED AT MENTAL, REPRODUCTIVE AND PHYSICAL HEALTH AS WELL AS COLLEGE AND CAREER READINESS. 0 0 177595 6693 139075 THE LATINAS ON THE VERGE OF EXCELLENCE - L.O.V.E. MENTORING PROGRAM SUPPORTS AND EMPOWERS YOUNG LATINAS TO STRIVE FOR SUCCESS, BOTH IN SCHOOL AND IN LIFE, THROUGH MENTORSHIP AND HEALTH EDUCATION TARGETED AT MENTAL, REPRODUCTIVE AND PHYSICAL HEALTH AS WELL AS COLLEGE AND CAREER READINESS. L.O.V.E. PROVIDES MENTORSHIP SERVICES IN FIFTEEN SCHOOLS IN THE NEW YORK AREA. ALL L.O.V.E. MENTEES WERE PROMOTED TO THE NEXT GRADE LEVEL, GRADUATED FROM HIGH SCHOOL AND ENROLLED INTO COLLEGE. WE HAD 450 L.O.V.E. MENTEES IN THE YEAR 2022. 177595 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X CLAUDIA ESPINOSA 9174464904 1460 BROADWAY NEW YORK NY 10036 WENDY REYNOSO CO-CHAIR 1.00 X X 0 0 0 ANJANETTE CABRERA CO-CHAIR 1.00 X X 0 0 0 DANNA DEBLASIO SECRETARY 1.00 X X 0 0 0 MICHELLE WARRA TREASURER 1.00 X X 0 0 0 DIANA GASPERONI DIRECTOR 1.00 X 0 0 0 BARBARA ORISIO DIRECTOR 1.00 X 0 0 0 CLAUDIA ESPINOSA EXECUTIVE DIRECTOR 40.00 X X 75000 0 0 75000 0 0 0 0 0 0 0 32500 146243 124572 303315 PROGRAM SERVICE REVENUE 611430 139075 139075 139075 360 360 9150 32500 42944 -33794 -33794 4946 4946 4946 413902 139075 0 -28488 6693 6693 75000 37500 11250 26250 135714 65750 39321 30643 1739 852 417 470 19014 9317 4563 5134 14244 14244 16500 14000 2500 525 525 16539 5258 9196 2085 5212 4950 262 37080 18169 8899 10012 19075 13356 2691 3028 2961 1445 1341 175 797 305 492 3653 3653 2777 2777 357523 177595 102131 77797 131771 89547 146093 142953 62997 106671 39241 60586 244 1409 9268 797 0 8471 0 36026 380346 445663 4410 4981 38644 10829 0 36182 43054 51992 X 304944 357565 32348 36106 337292 393671 380346 445663 56379 0 X 1 X 0 0 0 X 248539 220479 287734 266101 303315 1326168 248539 220479 287734 266101 303315 1326168 101883 1224285 45 70 111 219 360 805 1326973 317367 0.92260 0.90790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9268 797 8471 8471 OPERATING LEASE RIGHT-OF-USE ASSET 36026 36026 OPERATING LEASE LIABILITY 36182 36182 L.O.V.E. FIESTA 41650 32500 9150 472 23063 5365 7524 6521 41650 32500 9150 472 23063 5365 7524 6521 42945 -33795 0 GENERAL ASSISTANCE 6 950 TRAVEL ASSISTANCE 350 5743 COST TRAVEL PART I, LINE 2: ONCE GRANT FUNDS ARE DISBURSED, THE ORGANIZATION DOES NOT HAVE ANY PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE ORGANIZATION'S GOVERNING BODY AND MANAGEMENT BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, KEY PERSON (DEFINED AS AN INDIVIDUAL, OTHER THAN A DIRECTOR OR OFFICER, WHO HAS THE RESPONSIBILITIES OF, OR EXERCISES THE POWER OF INFLUENCE OF, A DIRECTOR, OFFICER OR KEY EMPLOYEE OVER THE AFFAIRS OF L.O.V.E. OR AN AFFILIATE OF L.O.V.E., EVEN IN THE ABSENCE OF A FORMAL ROLE) OF L.O.V.E. OR A L.O.V.E. AFFILIATE, OR MEMBER OF A COMMITTEE OF L.O.V.E. WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. THE BOARD OF DIRECTORS (OR A COMMITTEE OF THE BOARD OF DIRECTORS) MAKES THESE DETERMINATIONS AND UNDERTAKES THE APPROPRIATE REVIEW. THE INDIVIDUAL WITH THE CONFLICT (OR POTENTIAL CONFLICT) MAY NOT VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT. IF THE BOARD OF DIRECTORS (OR A COMMITTEE OF THE BOARD OF DIRECTORS) FINDS THAT AN INDIVIDUAL FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT, THE BOARD (OR COMMITTEE) WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MEMBERS EVALUATE THE EXECUTIVE DIRECTOR'S PERFORMANCE AND THE ORGANIZATION'S RESOURCES, AND DECIDE ON THE EXECUTIVE DIRECTOR'S SALARY. THIS IS DONE ON A QUARTERLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.