LOVE INC OF GREATER HANCOCK COUNTY (EIN 200503268) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

TOM FERGUSON

Phone

3174686300

Tax Period

2023-01-01 to 2023-12-31

LOVE INC OF GREATER HANCOCK COUNTY, founded in 2003, is a small nonprofit in the Religion sector that reported $247K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 30% operating margin.

Mission

CLEARINGHOUSE TO ASSIST PEOPLE IN NEED

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $233,481

Program Service Revenue $0

Investment Income $1,673

Other Revenue $11,713

TOTAL REVENUE $246,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,277

Fundraising Expenses $0

Other Expenses $43,789

TOTAL EXPENSES $172,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,867	$180,113	+0.4%
Expenses	$172,066	$182,569	-0.1%
Net Income	$74,801	$-2,456	-31.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

700

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER BRATTAIN	MEMBER	N/A	Director	$0	$0	$0
BRENT EATON	MEMBER	N/A	Director	$0	$0	$0
STEVE FOREMAN	MEMBER	N/A	Director	$0	$0	$0
JARIS HAMMOND	MEMBER	N/A	Director	$0	$0	$0
CYNDI HELFRICH	MEMBER	N/A	Director	$0	$0	$0
REV LARRY HOF	CHAIR	N/A	Officer Director	$0	$0	$0
MEGHANN HOLMES	MEMBER	N/A	Director	$0	$0	$0
ETHAN MAPLE	MEMBER	N/A	Director	$0	$0	$0
CHARLES MONTGOMERY	MEMBER	N/A	Director	$0	$0	$0
MARTY MORAN	ASST SECRETA	N/A	Director	$0	$0	$0
FRED FEISTER	SECRETARY	N/A	Officer	$0	$0	$0
TOM FERGUSON	TREASURER	N/A	Officer	$0	$0	$0
CLARA STARKEY	CHAIR	N/A	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	$246,867	$172,066	$413,889	$74,801
2022	$180,113	$182,569	$331,873	$-2,456
2021	$179,673	$166,981	$319,078	$12,692
2020	$163,067	$153,755	$308,961	$9,312
2019	$193,259	$152,580	$299,816	$40,679
2018	$214,606	$147,438	$263,778	$67,168

LOVE INC OF GREATER HANCOCK COUNTY