LOVE INC OF ROSS COUNTY

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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

2001

Legal Domicile

Principal Officer

KATHY LAMBERT

Phone

7407730525

Tax Period

2020-01-01 to 2020-12-31

LOVE INC OF ROSS COUNTY, founded in 2001, is a micro nonprofit that reported $790 in total revenue in fiscal year 2020. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $103K exceeded revenue, resulting in a 12877% operating deficit.

Mission

MOBILIZE THE CHURCH TO TRANSFORM LIVES AND THE COMMUNITY IN THE NAME OF JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $102,521

HOMES OF HOPE, TRANSITION HOUSING PROGRAM FOR HOMELESS FAMILIES. FUNDS FOR THE NEEDY. THE ORGANIZATION CLOSED IN 2020 AND DISTRIBUTED ITS BUILDING AND ASSETS TO SIMILAR 501C3 ORGANIZATIONS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $790

TOTAL REVENUE $790

Expense Breakdown

Grants Paid $4,377

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,521

Other Expenses $98,144

TOTAL EXPENSES $102,521

Year-over-Year Comparison

	2020	2019	Change
Revenue	$790	$12,831	-0.9%
Expenses	$102,521	$24,411	+3.2%
Net Income	$-101,731	$-11,580	+7.8%

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
KATHY LAMBERT	TREASURER	4.00	Officer	$0	$0	$0
VICKIE STREICKER	SECRETARY	2.00	Officer	$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
2020	$790	$102,521	No data	$-101,731
2019	$12,831	$24,411	$102,141	$-11,580
2018	$29,613	$31,635	$114,746	$-2,022