LOVE FUTBOL INC

EIN: 711027016 501(c)(3) International Affairs

Washington, DC

Total Revenue
$1,972,042
Total Expenses
$1,806,491
Total Assets
$2,029,914
Net Assets
$1,538,734
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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
2007
Legal Domicile
DC
Principal Officer
DREW CHAFETZ
Phone
2022514236
Tax Period
2023-01-01 to 2023-12-31

LOVE FUTBOL INC, founded in 2007, is a community nonprofit in the International Affairs sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 8% surplus.

Mission

LOVE FUTBOL PARTNERS WITH ORGANIZATIONS AND COMMUNITIES AROUND THE WORLD TO CREATE, RESTORE AND REDEFINE SPORTS SPACES AS COMMUNITY CENTERS AND LASTING PLATFORMS FOR SOCIAL GROWTH

Program Service Accomplishments

Program 1

LOVE FUTBOL PARTNERS WITH ORGANIZATIONS AND COMMUNITIES AROUND THE WORLD TO CREATE, RESTORE AND REDEFINE SPORTS SPACES AS COMMUNITY CENTERS AND LASTING PLATFORMS FOR SOCIAL GROWTH

Program 2

N/A

Program 3

N/A

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,955,945
Program Service Revenue $0
Investment Income $16,097
Other Revenue $0
TOTAL REVENUE $1,972,042

Expense Breakdown

Grants Paid $214,585
Salaries & Benefits $440,006
Fundraising Expenses $1,830
Other Expenses $1,151,900
TOTAL EXPENSES $1,806,491

Year-over-Year Comparison

2023 2022 Change
Revenue $1,972,042 $988,323 +1.0%
Expenses $1,806,491 $895,042 +1.0%
Net Income $165,551 $93,281 +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

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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
3
$98,433
Total Directors
7
$98,433
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK SPRANGUE CHAIRMAN 1.000
Officer Director
$0 $0 $0
ALMA CABALLERO VICE CHAIRMAN 1.000
Officer Director
$0 $0 $0
FARRUKH QURAISHI BOARD MEMBER 1.000
Director
$0 $0 $0
ALFONSO ALANIS-CUE BOARD MEMBER 1.000
Director
$0 $0 $0
JASYN POLOWITZ BOARD MEMBER 1.000
Director
$0 $0 $0
JUAN IGNACIO BLANCO BOARD MEMBER 1.000
Director
$0 $0 $0
DREW CHAFETZ COFOUNDER CEO 60.00
Officer Director
$98,433 $0 $98,433
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 No data No data No data No data
2023 $1,972,042 $1,806,491 $2,029,914 $165,551
2022 $988,323 $895,042 $1,502,741 $93,281
2021 $1,285,404 $588,726 $956,267 $696,678
2020 $347,462 $827,821 $198,202 $-480,359
2019 $1,982,132 $1,829,715 $652,270 $152,417
2018 $1,058,334 $710,517 $499,853 $347,817
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