LOVE HOLDS LIFE INC

EIN: 454891265 501(c)(3) Youth Development

HOPEWELL JUNCTION, NY

Total Revenue
$273,218
Total Expenses
$293,768
Total Assets
$77,530
Net Assets
$75,551
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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
2012
Legal Domicile
NY
Principal Officer
RICHARD SENATO
Phone
8455924544
Tax Period
2018-01-01 to 2018-12-31

LOVE HOLDS LIFE INC, founded in 2012, is a small nonprofit in the Youth Development sector that reported $273K in total revenue in fiscal year 2018. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

The primary purpose of the organization is to support treatments of children with cancer by relieving the needy families of the financial burden. The organization will endeavor to cover expenses not covereed

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $272,164
Program Service Revenue $0
Investment Income $1,054
Other Revenue $0
TOTAL REVENUE $273,218

Expense Breakdown

Grants Paid $68,567
Salaries & Benefits $107,255
Fundraising Expenses $0
Program Expenses $242,101
Other Expenses $117,946
TOTAL EXPENSES $293,768

Year-over-Year Comparison

2018 2017 Change
Revenue $273,218 $344,920 -0.2%
Expenses $293,768 $337,935 -0.1%
Net Income $-20,550 $6,985 -3.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
70

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
4
$33,320
Total Directors
6
$33,320
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Senato President 40.00
Officer Director
$33,320 $0 $33,320
Greg Felice Vice Chairman 10.00
Officer Director
$0 $0 $0
Mark Katz Vice Chairman 10.00
Officer Director
$0 $0 $0
Ken Stabler Director 10.00
Director
$0 $0 $0
Loretta Maturo Director 10.00
Director
$0 $0 $0
Marcella Fante Treasurer 10.00
Officer 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
2018 $273,218 $293,768 $77,530 $-20,550
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