PEACELOVE FOUNDATION (EIN 272224246) - 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

2009

Legal Domicile

Principal Officer

JEFFREY M SPARR

Phone

4014759778

Tax Period

2023-01-01 to 2023-12-31

PEACELOVE FOUNDATION, founded in 2009, is a small nonprofit in the Mental Health sector that reported $603K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $858K exceeded revenue, resulting in a 42% operating deficit.

Mission

PEACELOVE GIVES PEOPLE AN EASY, LOW-PRESSURE WAY TO FIND EMOTIONAL RELIEF THROUGH CREATIVE ACTIVITIES.

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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 $258,659

Program Service Revenue $343,885

Investment Income $0

Other Revenue $199

TOTAL REVENUE $602,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $492,248

Fundraising Expenses $115,349

Program Expenses $592,416

Other Expenses $366,027

TOTAL EXPENSES $858,275

Year-over-Year Comparison

	2023	2022	Change
Revenue	$602,743	$1,176,074	-0.5%
Expenses	$858,275	$1,338,219	-0.4%
Net Income	$-255,532	$-162,145	+0.6%

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

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

$90,386

Total Directors

$90,386

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW KAPLAN	DIRECTOR	40.00	Officer Director	$45,193	$0	$45,193
JEFFREY M SPARR	DIRECTOR	40.00	Officer Director	$45,193	$0	$45,193
EDWARD GATES	VICE CHAIRMA	1.00	Director	$0	$0	$0
LARRY GOLDSTEIN	BOARD CHAIRM	5.00	Director	$0	$0	$0
MATT LOWE	TREASURER	1.00	Director	$0	$0	$0
SARA JANE ULMAN	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
2024	No data	No data	No data	No data
2023	$602,743	$858,275	$156,170	$-255,532
2022	$1,176,074	$1,338,219	$363,829	$-162,145
2022	$1,176,074	$1,338,219	$363,829	$-162,145
2021	$1,106,373	$1,234,928	$386,608	$-128,555
2020	$863,384	$889,105	$165,474	$-25,721
2019	$1,066,702	$929,917	$193,548	$136,785
2018	$441,964	$440,728	$72,269	$1,236

PEACELOVE FOUNDATION