BETTER LOVE RANCH CORP

EIN: 463122619 501(c)(3)

WINTER HAVEN, FL

Total Revenue
$1,000
Total Expenses
$1,539
Total Assets
N/A
Net Assets
N/A
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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
FL
Principal Officer
EUGENE SWEET
Phone
8632073365
Tax Period
2020-01-01 to 2020-12-31

BETTER LOVE RANCH CORP, founded in 2012, is a micro nonprofit that reported $1K in total revenue in fiscal year 2020. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $2K exceeded revenue, resulting in a 54% operating deficit.

Mission

BETTER LOVE RANCH CORP RESCUES ABUSED, NEGLECTED, AND ABANDONED HORSES AND FARM ANIMALS; REHABILITATES THEM BACK TO HEALTH AND THEN ADOPTS THE ANIMALS OUT TO NEW FAMILIES AND ORGANIZATIONS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,539
Other Expenses $1,539
TOTAL EXPENSES $1,539

Year-over-Year Comparison

2020 2019 Change
Revenue $1,000 $2,525 -0.6%
Expenses $1,539 N/A N/A
Net Income $-539 $2,525 -1.2%
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
4
Independent Members
2
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE SWEET DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL LANG DIRECTOR 0.00
Director
$0 $0 $0
JEAN CHERRY DIRECTOR 0.00
Director
$0 $0 $0
FAYE SWEET 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
2020 $1,000 $1,539 No data $-539
2019 $2,525 $2,886 $539 $-361
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