LOVE INC

🔒

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

1989

Legal Domicile

Principal Officer

JOSEPH CIRESI

Phone

4403225689

Tax Period

2023-01-01 to 2023-12-31

LOVE INC, founded in 1989, is a small nonprofit in the Human Services sector that reported $262K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF LOVE IN THE NAME OF CHRIST IS TO MOBILIZE AND FACILITATE THE CHURCH TO TRANSFORM LIVES AND THE COMMUNITIES IN THE NAME OF JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $162,185

LOVE INC'S MISSION IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES BY MEETING NEEDS IN THE NAME OF CHRIST. WE USE A CLEARINGHOUSE MODEL TO PROVIDE GOODS AND VOLUNTEER SERVICES IN...

LOVE INC'S MISSION IS TO MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES BY MEETING NEEDS IN THE NAME OF CHRIST. WE USE A CLEARINGHOUSE MODEL TO PROVIDE GOODS AND VOLUNTEER SERVICES IN DIRECT COMBINATION WITH LOVING FAITH COMMUNITITES THAT OFFER EMOTIONAL/SPIRITUAL SUPPORT AND ONGOING ACCOUNTIBILITY FOR TRANSFORMATIONAL CHANGE. WHEN NEEDS ARE URGENT, WE WORK WITH OUR PARTNERS AND NETWORK CHURCHES TO PROVIDE ASSISTANCE THROUGH LOVE OPS (E.G.: CLOTHING, FOOD, BABY NEEDS, AND CLEANING SUPPLIES DISTRIBUTIONS) AND CRISIS FUNDS (E.G.: MATCHED FUNDS FOR ELIGIBLE FINANCIAL NEEDS).

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $192,828

Program Service Revenue $0

Investment Income $6,196

Other Revenue $63,005

TOTAL REVENUE $262,029

Expense Breakdown

Grants Paid $18,209

Salaries & Benefits $164,518

Fundraising Expenses $46,050

Program Expenses $162,185

Other Expenses $82,217

TOTAL EXPENSES $264,944

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,029	$234,542	+0.1%
Expenses	$264,944	$273,910	0.0%
Net Income	$-2,915	$-39,368	-0.9%

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

$60,468

Total Directors