FOR LOVE OF CHILDREN (EIN 526064548) - 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

1965

Legal Domicile

Principal Officer

LATOYA CLARK

Phone

2024628686

Tax Period

2023-10-01 to 2024-09-30

FOR LOVE OF CHILDREN, founded in 1965, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO TEACH, EMPOWER, AND TRANSFORM CHILDREN TO BECOME CONTRIBUTING MEMBERS OF THEIR COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,069,088

Program Service Revenue $0

Investment Income $-3,495

Other Revenue $1,627

TOTAL REVENUE $1,067,220

Expense Breakdown

Grants Paid $54,770

Salaries & Benefits $585,583

Fundraising Expenses $147,650

Program Expenses $914,736

Other Expenses $707,102

TOTAL EXPENSES $1,347,455

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,067,220	$1,221,544	-0.1%
Expenses	$1,347,455	$1,376,956	0.0%
Net Income	$-280,235	$-155,412	+0.8%

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

168

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

$133,132

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANJAY K MITCHELL	CHAIR	1.00	Officer Director	$0	$0	$0
MATTHEW BLOCHER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
F CHAPMAN TAYLOR	TREASURER	1.00	Officer Director	$0	$0	$0
GRACE LANGHAM	SECRETARY	1.00	Officer Director	$0	$0	$0
KYLE FIELDS	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL CLEMENT	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER ROAN	DIRECTOR	1.00	Director	$0	$0	$0
TRALONNE SHORTER	DIRECTOR	1.00	Director	$0	$0	$0
LATOYA CLARK	EXECUTIVE DIRECTOR	40.00	Officer	$121,480	$11,652	$133,132
TRYNITA ROMEO	DIRECTOR OF STRATEGIC PARTNERSHIPS	40.00	Highest	$100,011	$14,577	$114,588

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	$1,067,220	$1,347,455	$3,561,000	$-280,235
2023	$1,221,544	$1,376,956	$3,801,787	$-155,412
2022	$1,868,308	$1,428,200	$3,284,597	$440,108
2021	$1,656,550	$1,719,445	$3,203,981	$-62,895
2020	$3,062,702	$1,674,835	$3,275,552	$1,387,867
2019	$1,864,345	$1,861,328	$1,767,519	$3,017
2018	$2,000,449	$2,001,955	$1,863,773	$-1,506

FOR LOVE OF CHILDREN