PAINT LOVE INC (EIN 465570236) - 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

2014

Legal Domicile

Principal Officer

LAURA SHAW

Phone

9014280273

Tax Period

2024-01-01 to 2024-12-31

PAINT LOVE INC, founded in 2014, is a small nonprofit in the Crime & Legal sector that reported $423K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $380K left a modest 10% surplus.

Mission

PAINT LOVE IS AN ORGANIZATION THAT BRINGS ART PROGRAMS TO YOUTH FACING POVERTY AND TRAUMA. THE ORGANIZATION BELIEVES ART EMPOWERS YOUNG PEOPLE AND STRENGTHENS COMMUNITIES. OUR PROGRAMS HELP SCHOOLS AND ORGANIZATIONS BRING MORE ART TO MORE KIDS.

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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 $316,442

Program Service Revenue $105,412

Investment Income $879

Other Revenue $0

TOTAL REVENUE $422,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $271,476

Fundraising Expenses $6,227

Program Expenses $316,494

Other Expenses $108,237

TOTAL EXPENSES $379,713

Year-over-Year Comparison

	2024	2023	Change
Revenue	$422,733	$384,001	+0.1%
Expenses	$379,713	$296,565	+0.3%
Net Income	$43,020	$87,436	-0.5%

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

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

$51,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARA HERGENROETHER	CHAIRMAN	N/A	Officer	$0	$0	$0
AMY CLARKE	VICE CHAIR	N/A	Officer	$0	$0	$0
BECKIE HAWKINS	SECRETARY	N/A	Officer	$0	$0	$0
JERMAINE FRASER-HAUGHTON	TREASURER	N/A	Officer	$0	$0	$0
LAURA SHAW	EXECUTIVE DI	40.00	Officer	$51,917	$0	$51,917
ELIZABETH EPPES	DIRECTOR	N/A	Director	$0	$0	$0
VENESSA BINES-TRUITT	DIRECTOR	N/A	Director	$0	$0	$0
BRANDON ROLDEN	DIRECTOR	N/A	Director	$0	$0	$0
RENEE WILSON-SIMMONS	DIRECTOR	N/A	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	$422,733	$379,713	$247,364	$43,020
2023	$384,001	$296,565	$202,215	$87,436
2022	$295,298	$234,144	$116,780	$61,154
2021	$147,457	$108,543	$55,563	$38,914
2020	$92,335	$121,667	$25,726	$-29,332

PAINT LOVE INC