AMICI LOVANIENSES INC (EIN 461274501) - 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

2013

Legal Domicile

Principal Officer

ANDRE OOSTERLINCK

Phone

4082180046

Tax Period

2023-01-01 to 2023-12-31

AMICI LOVANIENSES INC, founded in 2013, is a small nonprofit in the Education sector that reported $172K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $235K exceeded revenue, resulting in a 37% operating deficit.

Mission

FUNDRAISING, GRANT-MAKING, OVERSIGHT OF GRANTS

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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 $171,669

Program Service Revenue $0

Investment Income $52

Other Revenue $6

TOTAL REVENUE $171,727

Expense Breakdown

Grants Paid $184,990

Salaries & Benefits $28,650

Fundraising Expenses $0

Program Expenses $215,499

Other Expenses $21,464

TOTAL EXPENSES $235,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,727	$147,229	+0.2%
Expenses	$235,104	$135,730	+0.7%
Net Income	$-63,377	$11,499	-6.5%

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

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

$28,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTINE PEETERMANS	DIRECTOR	1.00	Director	$28,650	$0	$28,650
ANDRE OOSTERLINCK	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
KOENRAAD DEBACKERE	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
ARMAND P NEUKERMANS	DIRECTOR	1.00	Director	$0	$0	$0
WILLEM P ROELANDTS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHE CROMBEZ	DIRECTOR	1.00	Director	$0	$0	$0
GUY MANNAERTS	DIRECTOR	1.00	Director	$0	$0	$0
GUIDO NEELS	DIRECTOR	1.00	Director	$0	$0	$0
JAN M RABAEY	DIRECTOR	1.00	Director	$0	$0	$0
MAX MIRGOLI	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	$171,727	$235,104	$77,726	$-63,377
2022	$147,229	$135,730	$141,103	$11,499
2021	$386,985	$283,085	$129,604	$103,900
2020	$1,700,585	$1,708,905	$25,704	$-8,320

AMICI LOVANIENSES INC