SOUTHERN LAKES AREA 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

1984

Legal Domicile

Principal Officer

JOHN SCHMIDT

Phone

2627636226

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN LAKES AREA LOVE INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023.

Mission

ESTABLISH A COOPERATIVE HELPING RELATIONSHIP BETWEEN AREA AGENCIES AND CHURCHES AND TO GENERATE UNTAPPED CHURCH RESOURCES TO MEET COMMUNITY NEEDS

Program Service Accomplishments

Program 1

Expenses: $2,180,888 Revenue: $1,020,495

Over 1000 different households in Western Racine County receive services through Love, Inc. each year. Nearly 10,000 family members are fed each year. through our Food Pantry. About 900 children are "ADOPTED" each year during our Christmas assistance program. Approximately 1,500 pieces of medical equipment are loaned out each year through our Medical Supply program. But the most important ways that lives are touched aren?t told by statistics. With the support of the community, we are always available to provide aid to those facing the greatest hardships: disasters, medical crisis, and severe financial challenges. With a shoulder to lean on, they can pull themselves back up and succeed. But it takes a community working together to make it happen. Love is a place where real lives are turned around.

🔒

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 $1,207,991

Program Service Revenue $1,020,495

Investment Income $2,550

Other Revenue $1,200

TOTAL REVENUE $2,232,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $951,931

Fundraising Expenses $0

Program Expenses $2,180,888

Other Expenses $1,455,882

TOTAL EXPENSES $2,407,813

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,232,236	$2,304,832	0.0%
Expenses	$2,407,813	$2,234,380	+0.1%
Net Income	$-175,577	$70,452	-3.5%

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

116

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
NANCY LUCHT	President	1.00	Director	$0	$0	$0
NICK RYAN	Vice President	1.00	Director	$0	$0	$0
JOHN SCHMIDT	Treasurer	1.00	Director	$0	$0	$0
RUTH DELAY	Secretary	1.00	Director	$0	$0	$0
TOM TESS	Vice President	1.00	Director	$0	$0	$0
PAUL MUTHER	Director	1.00	Director	$0	$0	$0
CHRIS PONTERI	Director	1.00	Director	$0	$0	$0
MARK PIETERS	Director	1.00	Director	$0	$0	$0
COLLEEN HUEBER	Director	1.00	Director	$0	$0	$0
CHRIS VOS	Director	1.00	Director	$0	$0	$0
MARIE GIEBEL	Director	1.00	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
2024	No data	No data	No data	No data
2023	$2,232,236	$2,407,813	$1,916,288	$-175,577
2022	$2,304,832	$2,234,380	$2,092,984	$70,452
2021	$2,486,636	$2,193,688	$2,024,507	$292,948
2021	$2,486,636	$2,178,333	$2,060,353	$308,303
2020	$2,203,609	$2,014,942	$1,716,739	$188,667
2019	$2,280,757	$2,343,869	$1,540,199	$-63,112
2018	$2,339,970	$2,324,472	$1,598,576	$15,498