Love & Care Ministries (EIN 752668227) - 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

1996

Legal Domicile

Principal Officer

Mark Hewitt

Phone

3256984861

Tax Period

2024-01-01 to 2024-12-31

Love & Care Ministries, founded in 1996, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $7.0M represent 49 months of operating reserves.

Mission

Assist the poor and needy

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,496,310

Program Service Revenue $0

Investment Income $222,412

Other Revenue $0

TOTAL REVENUE $1,718,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $721,205

Fundraising Expenses $0

Program Expenses $1,572,860

Other Expenses $1,072,733

TOTAL EXPENSES $1,793,938

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,718,722	$1,405,415	+0.2%
Expenses	$1,793,938	$1,605,223	+0.1%
Net Income	$-75,216	$-199,808	-0.6%

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

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

$122,600

Total Directors

$268,288

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Hewitt	Executive Director	40.00	Officer Director	$122,600	$0	$122,600
Mark Hudson	Director/Treasurer	2.00	Director	$0	$0	$0
Steve Sitzes	Director/ President	1.00	Director	$0	$0	$0
Sam Walker	Director	1.00	Director	$0	$0	$0
Zach Sitzes	Director	1.00	Director	$0	$0	$0
Zack Hewitt	Associate Director	40.00	Director	$61,468	$0	$61,468
Terry Davis	Director of Ministry	40.00	Director	$84,220	$0	$84,220

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	$1,718,722	$1,793,938	$7,042,367	$-75,216
2023	$1,405,415	$1,605,223	$7,115,058	$-199,808
2022	$1,222,335	$1,403,260	$7,315,295	$-180,925
2021	$6,608,459	$1,188,251	$7,494,698	$5,420,208
2020	$1,304,582	$1,118,817	$2,073,928	$185,765
2019	$1,156,843	$1,033,933	$1,887,650	$122,910
2018	$792,436	$883,857	$1,764,341	$-91,421

Love & Care Ministries