PHILLIP'S LOVE BEARS INC (EIN 474439474) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

PHILLIP A FUSCO SR

Phone

9109851087

Tax Period

2024-01-01 to 2024-12-31

PHILLIP'S LOVE BEARS INC, founded in 2016, is a small nonprofit in the Religion sector that reported $322K in total revenue in fiscal year 2024. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 28% operating margin.

Mission

PHILLIP'S LOVE BEARS PROVIDES QUALITY TEDDY BEARS, FREE OF CHARGE, TO CHRISTIAN WORKERS AT HOME AND ABROAD, TO ASSIST THEM IN SHARING THE GOSPEL OF JESUS CHRIST. PHILLIP'S LOVE BEARS ALSO GIVES THE SPECIAL NEEDS COMMUNITY (AND OTHERS, OUTSIDE THE SPECIAL NEEDS COMMUNITY) THE OPPORTUNITY TO SERVE CHRIST BY HELPING STUFF AND PREPARE OUR TEDDY BEARS FOR MISSION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $304,710

Program Service Revenue $0

Investment Income $7,435

Other Revenue $9,755

TOTAL REVENUE $321,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,250

Fundraising Expenses $0

Program Expenses $62,804

Other Expenses $176,060

TOTAL EXPENSES $230,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,900	$115,108	+1.8%
Expenses	$230,310	$115,677	+1.0%
Net Income	$91,590	$-569	-162.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP A FUSCO SR	PRESIDENT	2.00	Director	$50,000	$0	$50,000
MARY ANGELA FUSCO	VICE PRESIDENT	2.00	Officer	$0	$0	$0
AMOS LOVE	TREASURER	2.00	Officer	$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	$321,900	$230,310	$769,184	$91,590
2023	$115,108	$115,677	$677,595	$-569
2022	$258,371	$149,938	$671,504	$108,433
2021	$494,048	$155,831	$578,507	$338,217
2020	$272,884	$58,438	$240,290	$214,446

PHILLIP'S LOVE BEARS INC