LOVE SQUARED MISSIONS (EIN 460503384) - 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

2003

Legal Domicile

Principal Officer

JOSEPH KATINA

Phone

6155774000

Tax Period

2024-01-01 to 2024-12-31

LOVE SQUARED MISSIONS, founded in 2003, is a small nonprofit in the Religion sector that reported $161K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $181K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH MUSIC TO UNDERPRIVILEGED COMMUNITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $160,721

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $160,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,030

Fundraising Expenses $8,442

Program Expenses $160,904

Other Expenses $100,917

TOTAL EXPENSES $181,389

Year-over-Year Comparison

	2024	2023	Change
Revenue	$160,721	$242,084	-0.3%
Expenses	$181,389	$266,133	-0.3%
Net Income	$-20,668	$-24,049	-0.1%

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

Volunteers

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
SAMUEL KATINA	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPH KATINA	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN KATINA	DIRECTOR	5.00	Director	$0	$0	$0
JESSE KATINA	DIRECTOR	5.00	Director	$0	$0	$0
JAMES KATINA	DIRECTOR	5.00	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	$160,721	$181,389	$56,768	$-20,668
2023	$242,084	$266,133	$76,587	$-24,049
2022	$222,022	$249,767	$101,124	$-27,745
2020	$187,109	$151,671	$100,881	$35,438

LOVE SQUARED MISSIONS