LOVE AKRON INC (EIN 208035010) - 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

2006

Legal Domicile

Principal Officer

KEMP BOYD

Phone

3303848124

Tax Period

2025-01-01 to 2025-06-30

LOVE AKRON INC, founded in 2006, is a small nonprofit in the Religion sector that reported $223K in total revenue in fiscal year 2025. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $289K exceeded revenue, resulting in a 29% operating deficit.

Mission

WE ARE A CHRISTIAN-BASED ORGANIZATION SEEKING TO INFLUENCE POSITIVE CHANGE BY CONNECTING, CONVENING, AND COLLABORATING WITH CHANGE-MAKERS TO MAKE A COLLECTIVE IMPACT THROUGH MENTAL HEALTH, CULTURAL HUMILITY, YOUTH, AND FAITH BASED PROGRAMS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $223,459

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,459

Expense Breakdown

Grants Paid $550

Salaries & Benefits $182,717

Fundraising Expenses $36,632

Program Expenses $194,761

Other Expenses $105,370

TOTAL EXPENSES $288,637

Year-over-Year Comparison

	2025	2024	Change
Revenue	$223,459	$572,735	-0.6%
Expenses	$288,637	$626,122	-0.5%
Net Income	$-65,178	$-53,387	+0.2%

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

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

$128,646

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEMP BOYD	EXECUTIVE DI	40.00	Officer	$120,005	$8,641	$128,646
MICHAEL BADZIK	TREASURER	2.00	Officer Director	$0	$0	$0
DAREN BRAKE	CHAIR	2.00	Officer Director	$0	$0	$0
ADINA CALHOUN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE CARUSO	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY JOHNSON JR	BOARD MEMBER	1.00	Director	$0	$0	$0
LESA LAVENDAR	BOARD MEMBER	1.00	Director	$0	$0	$0
EVAN PERROW	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JASMINA WATERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JANA WEAVER	SECRETARY	2.00	Officer Director	$0	$0	$0
SAPPHIRE YOUNG	BOARD MEMBER	1.00	Director	$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	$223,459	$288,637	$36,940	$-65,178
2024	No data	No data	No data	No data
2023	$483,882	$480,563	$163,701	$3,319
2022	$374,039	$377,248	$137,635	$-3,209
2021	$374,812	$268,402	$137,933	$106,410
2020	$214,905	$250,377	$29,972	$-35,472

LOVE AKRON INC