LOVE-TRUTH-CARE INCORPORATED

🔒

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

1993

Legal Domicile

Principal Officer

Jim Phillips

Phone

5017658477

Tax Period

2021-01-01 to 2021-12-31

LOVE-TRUTH-CARE INCORPORATED, founded in 1993, is a micro nonprofit in the Human Services sector that reported $32K in total revenue in fiscal year 2021. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $39K exceeded revenue, resulting in a 20% operating deficit.

Mission

Train and equip ministry leaders in Honduras and Latin America. Facilitate short term construction and surgical mission team for sister organization and affiliates.

Program Service Accomplishments

Program 1

Expenses: $5,018 Revenue: $5,018

Community Development Honduras: Through FBC Kilgore we have worked with the local mayor, his board and the community to provide material and volunteer labor to complete a multiple building project...

Community Development Honduras: Through FBC Kilgore we have worked with the local mayor, his board and the community to provide material and volunteer labor to complete a multiple building project for schools, homes for the homeless and remodel and repairs for the elderly and needy. To teach and develop leadership skill among local chruches. We supplement the salary of their missionary.

Program 2

Expenses: $17,550 Revenue: $17,081

Healthcare Honduras: Through FBC Kilgore/Vital Global we facilitate water filter distribution and training to provide clean water in rural villages. We provide a scholarship for a student at the...

Healthcare Honduras: Through FBC Kilgore/Vital Global we facilitate water filter distribution and training to provide clean water in rural villages. We provide a scholarship for a student at the Dental University. We provide Hurricane relief assistance.

Program 3

Expenses: $1,738 Revenue: $1,738

Provide assistance to the elderly and needy of Central Arkansas for rent, prescriptions and etc.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $32,286

Program Service Revenue $0

Investment Income $24

Other Revenue $0

TOTAL REVENUE $32,310

Expense Breakdown

Grants Paid $24,178

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,306

Other Expenses $14,438

TOTAL EXPENSES $38,616

Year-over-Year Comparison

	2021	2020	Change
Revenue	$32,310	$55,197	-0.4%
Expenses	$38,616	$22,833	+0.7%
Net Income	$-6,306	$32,364	-1.2%

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

N/A

Employees

N/A

Volunteers

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
Bek Kaiser	Director	0	Director	$0	$0	$0
Maurico Agular	Director	0	Officer	$0	$0	$0
Jim Phillips	EXec Director	20	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
2021	$32,310	$38,616	$427,396	$-6,306