THE CHARLSIE HOUSE INC (EIN 630929743) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

CHRISTY TURNER RICHARDS

Phone

2565475733

Tax Period

2023-01-01 to 2023-12-31

THE LOVE CENTER INC, founded in 1982, is a small nonprofit that reported $285K in total revenue in fiscal year 2018. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 62% operating margin.

Mission

TO PROVIDE FOR THE NEEDS OF THE POOR AND HOMELESS IN THE CITY OF GADSDEN, AL.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,303

Program Service Revenue $13,546

Investment Income $1,495

Other Revenue $0

TOTAL REVENUE $16,344

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,879

Other Expenses $78,854

TOTAL EXPENSES $78,854

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,344	$98,789	-0.8%
Expenses	$78,854	$120,474	-0.3%
Net Income	$-62,510	$-21,685	+1.9%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTY TURNER RICHARDS	DIRECTOR	N/A	Officer Director	$0	$0	$0
KRISTI KENT	PRESIDENT/VI	N/A	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
2023	$16,344	$78,854	$302,774	$-62,510
2022	$98,789	$120,474	$365,284	$-21,685
2021	$102,423	$88,152	$386,969	$14,271
2020	$128,788	$86,696	$372,698	$42,092
2019	$105,847	$116,601	$330,606	$-10,754
2018	$285,323	$108,725	$341,360	$176,598

THE CHARLSIE HOUSE INC