Minneapolis Recreation Development Inc Love One Another (EIN 411836443) - 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

1996

Legal Domicile

Principal Officer

Allan Law

Phone

6124239923

Tax Period

2023-01-01 to 2023-12-31

Minneapolis Recreation Development Inc Love One Another, founded in 1996, is a small nonprofit in the Youth Development sector that reported $177K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $2.4M represent 163 months of operating reserves.

Mission

Caring for and feeding the disadvantaged. Provide basic supplies such as winter wear, backpacks, bus tokens, temporary housing adn other homeless assistance.

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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 $190,000

Program Service Revenue $0

Investment Income $-13,394

Other Revenue $0

TOTAL REVENUE $176,606

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $176,995

Other Expenses $188,295

TOTAL EXPENSES $188,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$176,606	$206,921	-0.1%
Expenses	$188,295	$236,174	-0.2%
Net Income	$-11,689	$-29,253	-0.6%

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

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
Allan Law	Executive Dir.	120.00	Director	$0	$0	$0
Dennis Massie	Director	0.00	Director	$0	$0	$0
Frankie Richardson	Director	0.00	Director	$0	$0	$0
Tracy Massie	Director	0.00	Director	$0	$0	$0
Lanny Law	Director	0.00	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	$176,606	$188,295	$2,392,261	$-11,689
2022	$206,921	$236,174	$2,403,950	$-29,253
2021	$341,000	$244,858	$2,433,202	$96,142
2020	$435,412	$281,611	$2,337,060	$153,801
2019	$509,002	$331,228	$2,183,259	$177,774

Minneapolis Recreation Development Inc Love One Another