TRUE LOVE COMMUNITY DEVELOPMENT INC

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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

2019

Principal Officer

WILLIE JACOBS JR

Phone

7026483603

Tax Period

2020-01-01 to 2020-12-31

TRUE LOVE COMMUNITY DEVELOPMENT INC, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $4K in total revenue in fiscal year 2020. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3K, a strong 77% operating margin.

Mission

To provide resources and information to youth, minorities, the disadvantage and the Elderly in Education, Training, Health Care information, Economic Development and other Resources needed and available

Program Service Accomplishments

Program 1

Expenses: $466

To provide resources and information to youth, minorities, the disadvantage and the Elderly in Education, Training, Health Care information, Economic Development and other Resources needed and...

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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 $3,650

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $466

Other Expenses $824

TOTAL EXPENSES $824

Year-over-Year Comparison

	2020	2019	Change
Revenue	$3,650	$2,425	+0.5%
Expenses	$824	$1,515	-0.5%
Net Income	$2,826	$910	+2.1%

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

N/A

Independent Members

N/A

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
WILLIE JACOBS JR	BOARD CHAIRMAN	1	Director	$0	$0	$0
ORLANDO RILEY	VICE CHAIRMAN	1	Director	$0	$0	$0
BRANDA BROWN	TREASUER	1	Director	$0	$0	$0
DAVID BURNEY	SECRETARY	1	Director	$0	$0	$0
DON SHUMATE	DIRECTOR	1	Director	$0	$0	$0
BYRAN BANKS	DIRECTOR	1	Director	$0	$0	$0
DWIGHT GRANT	DIRECTOR	1	Director	$0	$0	$0
N/A	DIRECTOR	1	Director	$0	$0	$0
BEN WINSLOW	DIRECTOR	1	Director	$0	$0	$0
CHERRIE SMITH	RECORDING SECRETARY	1	Director	$0	$0	$0
REV WILLIE T WALKER	DIRECTOR	1	Director	$0	$0	$0
DR RONALD C HEMPHILL	DIRECTOR	1	Director	$0	$0	$0
CYNTHIA MORMON	DIRECTOR	1	Director	$0	$0	$0
REV ANGELA RILEY	EXECUTIVE DIRECTOR	1	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
2020	$3,650	$824	$4,341	$2,826