LOVE INC OF NACOGDOCHES TEXAS

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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

1998

Legal Domicile

Principal Officer

BRIGID PITTS

Phone

9365698555

Tax Period

2023-01-01 to 2023-12-31

LOVE INC OF NACOGDOCHES TEXAS, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $680K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $150K, a strong 22% operating margin.

Mission

TO HELP CHURCHES MOBILIZE THEIR MEMBERS TO PROVIDE SERVICES NOT BEING OFFERED ELSEWHERE IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $402,633

TO HELP CHURCHES MOBILIZE THEIR MEMBERS TO PROVIDE SERVICES NOT BEING OFFERED ELSEWHERE IN 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $583,273

Program Service Revenue $0

Investment Income $3,710

Other Revenue $92,542

TOTAL REVENUE $679,525

Expense Breakdown

Grants Paid $0

Salaries & Benefits $299,386

Fundraising Expenses $36,554

Program Expenses $402,633

Other Expenses $230,374

TOTAL EXPENSES $529,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$679,525	$503,431	+0.3%
Expenses	$529,760	$519,335	+0.0%
Net Income	$149,765	$-15,904	-10.4%

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

Volunteers

193

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

$52,909

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA GREEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
REV JOHN DAVIS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
CINDY HANCOCK	SECRETARY	2.00	Officer Director	$0	$0	$0
BRIGID PITTS	TREASURER	2.00	Officer Director	$0	$0	$0
CAROLYN DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
KRIS VAN DUNK	DIRECTOR	2.00	Director	$0	$0	$0
DAVID FEARS	DIRECTOR	2.00	Director	$0	$0	$0
BILL GANDY	DIRECTOR	2.00	Director	$0	$0	$0
TERRY KLINE	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN LANDRUM	DIRECTOR	2.00	Director	$0	$0	$0
GEORGIANNA PHILLIPS	DIRECTOR	2.00	Director	$0	$0	$0
PATTY WELBORN	DIRECTOR	2.00	Director	$0	$0	$0
PATTI GOODRUM	CEO	40.00	Officer	$52,909	$0	$52,909

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	$679,525	$529,760	$1,292,632	$149,765
2022	$503,431	$519,335	$1,142,867	$-15,904
2021	$522,883	$357,510	$1,158,771	$165,373
2020	$712,411	$402,340	$993,398	$310,071
2019	$316,122	$301,451	$683,327	$14,671
2018	$281,555	$304,059	$668,656	$-22,504