HOUSE OF LOVE YOUTH HOMES INC (EIN 270102579) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

JULETTE FRANCISWADE

Phone

4146308286

Tax Period

2024-01-01 to 2024-12-31

HOUSE OF LOVE YOUTH HOMES INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PREPARE YOUTH TO LEAD SELFSUFFICIENT LIVES BY PROVIDING A LOVING FAMILY ENVIRONMENT THAT IS MISSING IN THIER LIVES THE ORGANIZATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,113,905

Program Service Revenue $0

Investment Income $0

Other Revenue $37,679

TOTAL REVENUE $1,151,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $844,047

Fundraising Expenses $856

Program Expenses $1,173,110

Other Expenses $433,845

TOTAL EXPENSES $1,277,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,151,584	$1,247,202	-0.1%
Expenses	$1,277,892	$1,230,123	+0.0%
Net Income	$-126,308	$17,079	-8.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$176,068

Total Directors

$176,068

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULETTE FRANCIS-WADE	PRESIDENTEXECUTIVE DI	72.00	Officer Director	$167,345	$8,723	$176,068
NATALIE RAHMING	CHAIRPERSON	1.50	Director	$0	$0	$0
JEAN WHITSTONE	TREASURER	1.50	Director	$0	$0	$0
AMARE COPELAND	BOARD SECRETARY	1.50	Director	$0	$0	$0
GREGORY TOLBERT	BOARD MEMBER	1.50	Director	$0	$0	$0
ANGELA MITCHELL	BOARD TRESURER	1.50	Director	$0	$0	$0
KIMBERLEY RAINEY	MEMBER	1.50	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	$1,151,584	$1,277,892	$263,922	$-126,308
2023	$1,247,202	$1,230,123	$345,181	$17,079
2022	$1,115,314	$1,071,222	$318,323	$44,092
2021	$1,015,537	$1,031,981	$269,343	$-16,444
2020	$1,050,758	$1,010,335	$295,276	$40,423
2019	$865,269	$886,122	$257,243	$-20,853
2018	$831,097	$855,784	$274,755	$-24,687

HOUSE OF LOVE YOUTH HOMES INC