LOVING CARE ACADEMY

EIN: 582485925 501(c)(3)

SAVANNAH, GA

Total Revenue
$72,710
Total Expenses
$60,865
Total Assets
$110,441
Net Assets
$11,027
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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
2008
Legal Domicile
GA
Principal Officer
PATRICIA LONNON
Phone
9126773575
Tax Period
2024-01-01 to 2024-12-31

LOVING CARE ACADEMY, founded in 2008, is a micro nonprofit that reported $73K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $12K, a strong 16% operating margin.

Mission

Provide an educational learning environment for children and the community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $71,957
Investment Income $0
Other Revenue $753
TOTAL REVENUE $72,710

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,250
Fundraising Expenses $0
Other Expenses $43,615
TOTAL EXPENSES $60,865

Year-over-Year Comparison

2024 2023 Change
Revenue $72,710 $83,029 -0.1%
Expenses $60,865 $69,032 -0.1%
Net Income $11,845 $13,997 -0.2%
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
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
0
$0
Total Directors
1
$17,752
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA LONNON DIRECTOR 40
Director
$17,752 $0 $17,752
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 $72,710 $60,865 $110,441 $11,845
2023 $83,029 $69,032 $99,182 $13,997
2022 $82,123 $78,675 $85,185 $3,448
2021 $84,039 $106,804 $81,734 $-22,765
2020 $79,651 $76,652 $4,499 $2,999
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