LOVE SOME BUDDY CHARITIES INC (EIN 208937059) - 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

2007

Legal Domicile

Principal Officer

SHERRY HACKETT

Phone

3102784311

Tax Period

2023-01-01 to 2023-12-31

LOVE SOME BUDDY CHARITIES INC, founded in 2007, is a micro nonprofit in the Animal-Related sector that reported $88K in total revenue in fiscal year 2023. Revenue surged 138% from the prior year, signaling strong growth momentum.

Mission

RESCUE AND PLACEMENT OF HOMELESS ANIMALS.

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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 $88,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,000

Expense Breakdown

Grants Paid $89,275

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,182

Other Expenses $4,907

TOTAL EXPENSES $94,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$88,000	$37,000	+1.4%
Expenses	$94,182	$31,350	+2.0%
Net Income	$-6,182	$5,650	-2.1%

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

N/A

Employees

N/A

Volunteers

N/A

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
SHERRY HACKETT	TRUSTEE	8.00	Officer Director	$0	$0	$0
DAVID LOFTUS	TRUSTEE	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
2024	No data	No data	No data	No data
2023	$88,000	$94,182	$2,520	$-6,182
2020	$25,010	$16,339	$-7,121	$8,671
2019	$30,000	$31,822	$-15,792	$-1,822
2018	$7,510	$25,212	$-13,970	$-17,702

LOVE SOME BUDDY CHARITIES INC