FAITH HOPE AND LOVE OUTREACH (EIN 384031098) - 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

2017

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

FAITH HOPE AND LOVE OUTREACH, founded in 2017, is a small nonprofit in the Religion sector that reported $622K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $702K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO ENSURE THAT EVERY FAMILY RECEIVES THE HIGHEST QUALITY CHILDCARE AND EDUCATION. WE PROVIDE A SAFE AND HEALTHY LEARNING ENV THAT ALLOWS CHILDREN TO GROW AND SUCCEED IN ALL AREAS OF LIFE. WE PROVIDE FOOD AND CLOTHING TO THOSE IN NEED.

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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 $0

Program Service Revenue $621,603

Investment Income $0

Other Revenue $0

TOTAL REVENUE $621,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $493,457

Fundraising Expenses $0

Program Expenses $701,666

Other Expenses $208,209

TOTAL EXPENSES $701,666

Year-over-Year Comparison

	2023	2022	Change
Revenue	$621,603	$499,213	+0.2%
Expenses	$701,666	$399,012	+0.8%
Net Income	$-80,063	$100,201	-1.8%

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
SYLVIA FINCH	DIRECTOR	40.00	Highest	$77,500	$0	$77,500

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	$621,603	$701,666	$30,725	$-80,063
2022	$499,213	$399,012	$117,711	$100,201
2021	$209,388	$352,987	$16,588	$-143,599
2020	$401,705	$391,428	$173,790	$10,277
2019	$266,145	$280,148	$19,643	$-14,003

FAITH HOPE AND LOVE OUTREACH