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Filing year 2024

PHILLIP'S LOVE BEARS INC

Dunn, North Carolina·EIN 47-4439474·NTEE X99 · Religion-Related·3
Total revenue
$322k
Total assets
$769k
Total expenses
$230k
Reported officers
3
Mission

PHILLIP'S LOVE BEARS PROVIDES QUALITY TEDDY BEARS, FREE OF CHARGE, TO CHRISTIAN WORKERS AT HOME AND ABROAD, TO ASSIST THEM IN SHARING THE GOSPEL OF JESUS CHRIST. PHILLIP'S LOVE BEARS ALSO GIVES THE SPECIAL NEEDS COMMUNITY (AND OTHERS, OUTSIDE THE SPECIAL NEEDS COMMUNITY) THE OPPORTUNITY TO SERVE CHRIST BY HELPING STUFF AND PREPARE OUR TEDDY BEARS FOR MISSION.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

President
Board President
25th percentile to median
$50k
$53k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PHILLIP'S LOVE BEARS INC equaled 22% of the organization's total expenses. The median for religion-related organizations is 17%.

This organization (2024)
22%
Sector median
17%
Middle half of sector
8% to 34%

Based on 10,667 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $50k in 2023 to $50k in 2024.

$50k
2023
$50k
2024
In today's dollarsEst.
Down 3% in real terms$55k to $53k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 180%.

$50k in 2023 to $50k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PHILLIP'S LOVE BEARS INC

What does the Board President of PHILLIP'S LOVE BEARS INC earn?

In 2024, the Board President of PHILLIP'S LOVE BEARS INC received $50,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Religion-Related organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at PHILLIP'S LOVE BEARS INC compare with similar nonprofits?

Compared with the same role at Religion-Related organizations nationwide, the 2024 pay of the Board President at PHILLIP'S LOVE BEARS INC falls between the 25th percentile and the median. In 2024, the highest total compensation at PHILLIP'S LOVE BEARS INC equaled 22% of the organization's total expenses. The median for religion-related organizations is 17%.

What are PHILLIP'S LOVE BEARS INC's revenue and expenses?

In 2024, PHILLIP'S LOVE BEARS INC reported $322k in total revenue and $230k in total expenses on its IRS Form 990.

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