Love City Inc (EIN 475206106) - 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

2015

Legal Domicile

Principal Officer

Inga Arvin

Phone

5029749818

Tax Period

2024-01-01 to 2024-12-31

Love City Inc, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $383K, a strong 25% operating margin.

Mission

Charitable organization running a community center in an impoverished area providing after school and summer programs free to ages 3-18. These programs include tutoring, art and music programs

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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 $1,333,250

Program Service Revenue $154,665

Investment Income $46,009

Other Revenue $10,201

TOTAL REVENUE $1,544,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $691,133

Fundraising Expenses $28,864

Program Expenses $843,370

Other Expenses $469,745

TOTAL EXPENSES $1,160,878

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,544,125	$947,418	+0.6%
Expenses	$1,160,878	$1,154,835	+0.0%
Net Income	$383,247	$-207,417	-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

N/A

Volunteers

125

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shawn Arvin	Chairman	1.00	Officer Director	$0	$0	$0
William Summers	Treasurer	1.00	Officer Director	$0	$0	$0
James Essex	Director	1.00	Director	$0	$0	$0
Channock Banet	Director	1.00	Director	$0	$0	$0
Elizabeth Satterfield	Director	1.00	Director	$0	$0	$0
Brittany Spiller	Director	1.00	Director	$0	$0	$0
Adam Watson	Director	1.00	Director	$0	$0	$0
Inga Arvin	Executive Director	30.00	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	$1,544,125	$1,160,878	$2,574,242	$383,247
2023	$947,418	$1,154,835	$2,009,658	$-207,417
2022	$590,422	$1,086,874	$2,231,863	$-496,452
2021	$1,459,533	$1,178,724	$2,766,966	$280,809
2020	$2,028,747	$1,268,547	$2,553,498	$760,200
2019	$1,003,517	$751,717	$875,276	$251,800
2018	$845,797	$761,349	$679,875	$84,448

Love City Inc