Love Fort Wayne Inc (EIN 472474572) - 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

Phone

2604021693

Tax Period

2024-01-01 to 2024-12-31

Love Fort Wayne Inc, founded in 2014, is a small nonprofit in the Religion sector that reported $767K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $658K left a modest 14% surplus.

Mission

Love Fort Wayne exists to imagine, inspire, and ignite transformation through God's love. Imagining a flourishing Fort Wayne, Love Fort Wayne works to convene the like hearted to: Love Our Families, Love Our Schools, Love Our Leaders and Love Our Pastors through the foundation of prayer.

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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 $730,775

Program Service Revenue $35,998

Investment Income $0

Other Revenue $0

TOTAL REVENUE $766,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,983

Fundraising Expenses $0

Program Expenses $444,834

Other Expenses $455,714

TOTAL EXPENSES $657,697

Year-over-Year Comparison

	2024	2023	Change
Revenue	$766,773	$492,878	+0.6%
Expenses	$657,697	$552,738	+0.2%
Net Income	$109,076	$-59,860	-2.8%

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

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

$125,021

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Geoff King	CEO	40.00	Officer	$97,521	$0	$97,521
Lori Whitman	COO	20.00	Officer	$27,500	$0	$27,500
Sherri L Miller	Treasurer	5.00	Officer Director	$0	$0	$0
Rick Browning	Director	0.00	Director	$0	$0	$0
Chuck Surack	Director	1.00	Director	$0	$0	$0
Chris Norman	Director	5.00	Director	$0	$0	$0
Abel Travis	Director	5.00	Director	$0	$0	$0
Larry Lance	Director	1.00	Director	$0	$0	$0
Mitchell Kruse	Director	5.00	Director	$0	$0	$0
Rob Wallstrom	Director	5.00	Director	$0	$0	$0
Mike Packnett	Chairman	10.00	Officer Director	$0	$0	$0
Donovan Coley	Director	1.00	Director	$0	$0	$0
Mark Daniel	Director	1.00	Officer Director	$0	$0	$0
Mark Dely	Secretary	5.00	Officer Director	$0	$0	$0
Brenda Gerber-Vincent	Vice Chair	5.00	Officer Director	$0	$0	$0
Iric Headley	Director	1.00	Director	$0	$0	$0
Javier Mondragon	Director	1.00	Director	$0	$0	$0
Mike Clem	Director	0.00	Director	$0	$0	$0
Jim Cook	Director	0.00	Director	$0	$0	$0
Arlan Friesen	Director	3.00	Director	$0	$0	$0
Bishop Crystal Thomas	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
2024	$766,773	$657,697	$894,724	$109,076
2023	$492,878	$552,738	$821,146	$-59,860
2022	$1,217,516	$592,830	$1,012,361	$624,686
2021	$457,763	$357,256	$285,830	$100,507
2020	$343,910	$305,504	$120,323	$38,406
2019	$403,704	$467,114	$46,917	$-63,410
2018	$397,211	$442,743	$110,327	$-45,532

Love Fort Wayne Inc