LOVE THE HUNGRY 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

2012

Legal Domicile

Principal Officer

DALE F OELKER

Phone

5024599199

Tax Period

2023-01-01 to 2023-12-31

LOVE THE HUNGRY INC, founded in 2012, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $257K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $327K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE CORPORATION IS ORGANIZED TO PROVIDE NUTRITIOUS FORTIFIED MEALS THROUGHOUT THE WORLD TO CHILDREN AND FAMILIES THAT ARE MOST VUNERABLE TO HUNGER AND MALNUTRIION.

Program Service Accomplishments

Program 1

Expenses: $289,043

IN 2023, 4,100 VOLUNTEERS PACKAGED 790,000 TOTAL MEALS. DURING THE SAME PERIOD, MORE THAN 835,000 FORTIFIED MEALS WERE DELIVERED TO NON-GOVERNMENTAL PARTNERSHIPS IN ELEVEN COUNTRIES OUTSIDE THE U.S., WHILE 60,000 NUTRITIOUS MEALS WERE PROVIDED TO ASSIST FAMILIES IN KENTUCKY, SOUTHERN INDIANA AND THE U.S./PUERTO RICO.

🔒

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 $256,961

Program Service Revenue $0

Investment Income $323

Other Revenue $0

TOTAL REVENUE $257,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,708

Fundraising Expenses $6,447

Program Expenses $289,043

Other Expenses $219,566

TOTAL EXPENSES $327,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$257,284	$380,156	-0.3%
Expenses	$327,274	$154,640	+1.1%
Net Income	$-69,990	$225,516	-1.3%

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

4073

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

$54,096

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA ALBERT	PRESIDENT	1.50	Officer Director	$0	$0	$0
CHAD BYRON	TREASUER	1.50	Officer Director	$0	$0	$0
MITZI DOBELSTEIN	SECRETARY	1.50	Officer Director	$0	$0	$0
SARAH TOWERY	DIRECTOR	1.50	Director	$0	$0	$0
JEFF STEELE JR	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
DALE OELKER	EXECUTIVE DIRECTOR	40.00	Officer	$54,096	$0	$54,096

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	$257,284	$327,274	$274,262	$-69,990
2022	$380,156	$154,640	$369,804	$225,516
2021	$159,268	$111,459	$64,079	$47,809
2020	$146,033	$205,223	$16,388	$-59,190
2019	$239,464	$256,157	$75,578	$-16,693
2018	$212,725	$170,850	$92,277	$41,875