SPREAD THE LOVE CHARITY

EIN: 473411460 501(c)(3)

BRAWLEY, CA

Total Revenue
$339,422
Total Expenses
$295,573
Total Assets
$114,274
Net Assets
$96,602
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
JESSICA SOLORIO
Phone
7604604013
Tax Period
2020-01-01 to 2020-12-31

SPREAD THE LOVE CHARITY, founded in 2015, is a small nonprofit that reported $339K in total revenue in fiscal year 2020. Revenue surged 106% from the prior year, signaling strong growth momentum. Expenses of $296K left a modest 13% surplus.

Mission

THE PRIMARY MISSION OF SPREAD THE LOVE CHARITY IS TO STRENGTHEN, UNITE AND LOVE OUR COMMUNITY, ESPECIALLY OUR HOMELESS POPULATION. WE STRENGTHEN THOSE WHO FEEL THAT THE LOAD OF LIFE IS TOO HEAVY. WE UNITE AS A COMMUNITY TO HELP THOSE WHO ARE LESS FORTUNATE. WE DO ALL THIS WITH LOVE SO THAT IT MAY SPREAD AND TOUCH AS MANY HEARTS AS POSSIBLE.

Program Service Accomplishments

Program 1
Expenses: $51,320

THE CHARITY DOES OUTREACH TO DISTRIBUTE FOOD AND WATER,SANITARY PRODUCTS AND CLOTHING TO THE HOMELESS AT DIFFERENT LOCATIONS, 5 DAYS A WEEK. THEY PURCHASED A MOBILE SHOWER UNIT WITH MONEY FROM THE...

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THE CHARITY DOES OUTREACH TO DISTRIBUTE FOOD AND WATER,SANITARY PRODUCTS AND CLOTHING TO THE HOMELESS AT DIFFERENT LOCATIONS, 5 DAYS A WEEK. THEY PURCHASED A MOBILE SHOWER UNIT WITH MONEY FROM THE HOMELESS EMERGENCY AID PROGRAM(HEAP GRANT).THEY TAKE THE UNIT TO DIFFERENT HOMELESS SIGHT LOCATIONS ONCE A WEEK. GRANT MONEY RECEIVED FOR COVID OUTREACH WAS USED TO EDUCATE THE HOMELESS ON SOCIAL DISTANCING, WEARING MASKS, AND USING SANITARY PRODUCTS.

Program 2
Expenses: $61,681

EMERGENCY SERVICES PROVIDED THRU VOUCHERS AND BUS TICKETS. NO CASH IS GIVEN TO THE CHARITY. IF AN INDIVIDUAL QUALIFIES FOR A MOTEL ROOM OR BUS TICKET, THEN THE CHARITY ISSUES VOUCHERS AND THEY ARE...

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EMERGENCY SERVICES PROVIDED THRU VOUCHERS AND BUS TICKETS. NO CASH IS GIVEN TO THE CHARITY. IF AN INDIVIDUAL QUALIFIES FOR A MOTEL ROOM OR BUS TICKET, THEN THE CHARITY ISSUES VOUCHERS AND THEY ARE PAID BY THE EFSP GRANT DIRECTLY TO THE MOTELS OR BUS STATION.

Program 3

VOLUNTEERS PROVIDE SACK LUNCHES FOR THE HOMELESS ONCE A WEEK AND THE CHARITY DOES THE OUTREACH. THEY ALSO GO OUT THE THIRD THURSDAY OF EVERY MONTH TO THE FAR NORTH PART OF THE COUNTY WHERE A LARGE...

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VOLUNTEERS PROVIDE SACK LUNCHES FOR THE HOMELESS ONCE A WEEK AND THE CHARITY DOES THE OUTREACH. THEY ALSO GO OUT THE THIRD THURSDAY OF EVERY MONTH TO THE FAR NORTH PART OF THE COUNTY WHERE A LARGE GROUP OF HOMELESS AND DESTITUTE PEOPLE LIVE.

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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 $339,422
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $339,422

Expense Breakdown

Grants Paid $113,001
Salaries & Benefits $118,708
Fundraising Expenses $6,568
Program Expenses $113,001
Other Expenses $63,864
TOTAL EXPENSES $295,573

Year-over-Year Comparison

2020 2019 Change
Revenue $339,422 $164,529 +1.1%
Expenses $295,573 $100,781 +1.9%
Net Income $43,849 $63,748 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
N/A
Employees
5
Volunteers
14

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
1
$68,828
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH ENZ VICE PRESIDENT 2.00
Director
$0 $0 $0
IVONNE SOTOMAYOR TREASURER 2.00
Director
$0 $0 $0
SIERRA JAIME SECRETARY 2.00
Director
$0 $0 $0
JESSICA SOLORIO PRESIDENT/CEO 40.00
Officer
$68,828 $0 $68,828
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 $339,422 $295,573 $114,274 $43,849
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