Corner of Love Ministries (EIN 364612230) - 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

2007

Legal Domicile

Principal Officer

Tanya Amador

Phone

2064191133

Tax Period

2023-01-01 to 2023-12-31

Corner of Love Ministries, founded in 2007, is a community nonprofit in the International Affairs sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

The mission of Corner of Love is to help displaced and vulnerable people affected by forced migration and poverty in Latin America by providing healthcare and services needed to gain control of their lives and thrive in difficult economic conditions and host countries.

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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 $2,399,651

Program Service Revenue $90,620

Investment Income $2,110

Other Revenue $0

TOTAL REVENUE $2,492,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,295

Fundraising Expenses $26,102

Program Expenses $2,398,736

Other Expenses $2,280,161

TOTAL EXPENSES $2,475,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,492,381	$2,015,365	+0.2%
Expenses	$2,475,456	$2,051,680	+0.2%
Net Income	$16,925	$-36,315	-1.5%

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

17440

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

$114,686

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nelson Amador	Director	65.00	Director	$31,315	$30,000	$61,315
Tanya Amador	Executive Dir.	65.00	Director	$23,371	$30,000	$53,371
Dr Heather Varnell	President	2.00	Officer	$0	$0	$0
Charlotte Faries	Secretary	1.00	Officer	$0	$0	$0
Corey Sawchuk	Treasurer	3.00	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
2024	No data	No data	No data	No data
2023	$2,492,381	$2,475,456	$470,393	$16,925
2023	No data	No data	No data	No data
2022	$2,015,365	$2,051,680	$494,594	$-36,315
2022	$2,015,365	$2,051,680	$494,594	$-36,315
2021	$1,667,286	$1,728,116	$241,779	$-60,830
2020	$1,322,271	$1,239,501	$292,164	$82,770
2019	$2,135,763	$2,076,858	$179,394	$58,905
2018	$2,012,485	$1,938,703	$123,091	$73,782

Corner of Love Ministries