LOVE HOPE STRENGTH FOUNDATION

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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

RICHARD REES

Phone

7203797013

Tax Period

2024-07-01 to 2025-06-30

LOVE HOPE STRENGTH FOUNDATION, founded in 2007, is a small nonprofit in the Diseases & Disorders sector that reported $205K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $227K exceeded revenue, resulting in a 11% operating deficit.

Mission

LHS IS AN INTERNATIONAL MUSIC-CENTRIC CANCER CHARITY DEDICATED TO ADDING POTENTIAL DONORS TO THE INTERNATIONAL MARROW DATABASE AND BUILDING CANCER TREATMENT CENTERS IN OFT OVERLOOKED THIRD WORLD LOCATIONS

Program Service Accomplishments

Program 1

Expenses: $205,010

WE BUILD INTERNATIONAL MARROW DATABASES BY HOSTING BONE MARROW DRIVES AT GLOBAL MUSIC-CENTRIC EVENTS, ENCOURAGING PEOPLE TO "GET ON THE LIST" WE RAISE FUNDING AND AWARENESS OF OVERLOOKED CANCER...

WE BUILD INTERNATIONAL MARROW DATABASES BY HOSTING BONE MARROW DRIVES AT GLOBAL MUSIC-CENTRIC EVENTS, ENCOURAGING PEOPLE TO "GET ON THE LIST" WE RAISE FUNDING AND AWARENESS OF OVERLOOKED CANCER TREATMENT CENTERS VIA HIKES AND CLIMBS AS WELL AS CONCERT EVENTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $193,766

Program Service Revenue $0

Investment Income $10,783

Other Revenue $780

TOTAL REVENUE $205,329

Expense Breakdown

Grants Paid $146,215

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,010

Other Expenses $81,274

TOTAL EXPENSES $227,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,329	$220,822	-0.1%
Expenses	$227,489	$153,280	+0.5%
Net Income	$-22,160	$67,542	-1.3%

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

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
ELLIOT BERKE	DIRECTOR	N/A	Director	$0	$0	$0
JAMES CHIPPENDALE	CHAIRMAN	N/A	Officer Director	$0	$0	$0
JULES PETERS	DIRECTOR	N/A	Director	$0	$0	$0
MIKE PETERS	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD REES	DIRECTOR	N/A	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	$205,329	$227,489	$382,244	$-22,160
2024	$220,822	$153,280	$403,966	$67,542
2023	$187,207	$80,467	$336,424	$106,740
2022	$195,764	$135,038	$229,684	$60,726
2021	$143,346	$46,695	$168,958	$96,651
2020	$182,544	$215,120	$72,307	$-32,576
2019	$423,640	$344,551	$106,895	$79,089
2018	$296,340	$433,777	$42,735	$-137,437