LOVE INC OF ALLENDALE (EIN 382623774) - Form 990 Financial Analysis & Trantor Score

🔒

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

1985

Legal Domicile

Principal Officer

LORI JO DYKE

Phone

6168955683

Tax Period

2023-10-01 to 2024-09-30

LOVE INC OF ALLENDALE, founded in 1985, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $211K, a strong 20% operating margin.

Mission

WE MOBILIZE LOCAL CHURCHES TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST BECAUSE WE ENVISION A WORLD WHERE CHRISTIAN CHURCHES ARE UNITED IN PURPOSE AND FULLY ENGAGED IN ACTIVELY LIVING OUT THEIR FAITH BY LOVINGLY SERVING PEOPLE IN NEED IN THEIR COMMUNITIES.

🔒

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 $543,160

Program Service Revenue $0

Investment Income $183,877

Other Revenue $322,098

TOTAL REVENUE $1,049,135

Expense Breakdown

Grants Paid $141,455

Salaries & Benefits $267,170

Fundraising Expenses $25,000

Program Expenses $670,057

Other Expenses $429,627

TOTAL EXPENSES $838,252

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,049,135	$500,745	+1.1%
Expenses	$838,252	$529,385	+0.6%
Net Income	$210,883	$-28,640	-8.4%

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

924

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

$50,665

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEOFF BROWN	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHERYL CRANDLE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
RAY PAGET	SECRETARY	2.00	Officer Director	$0	$0	$0
KENNETH VANDERWALL	TREASURER	2.00	Officer Director	$0	$0	$0
KEVIN SALL	DIRECTOR	1.00	Director	$0	$0	$0
PETE BYMA	DIRECTOR	1.00	Director	$0	$0	$0
GREG STAHL	DIRECTOR	1.00	Director	$0	$0	$0
DOUG SHENEMAN	DIRECTOR	1.00	Director	$0	$0	$0
KAREN KROLL	DIRECTOR	1.00	Director	$0	$0	$0
LORI JO DYKE	EXECUTIVE DI	40.00	Officer	$50,665	$0	$50,665

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	$1,049,135	$838,252	$1,072,266	$210,883
2023	$623,842	$534,692	$928,493	$89,150
2022	$500,745	$529,385	$875,458	$-28,640
2021	$475,594	$519,268	$964,518	$-43,674
2020	$479,746	$378,641	$1,019,041	$101,105
2019	$549,272	$478,198	$929,939	$71,074
2018	$506,711	$462,861	$874,032	$43,850

LOVE INC OF ALLENDALE