LOVE TRANSFORMATION PROJECT INC (EIN 812332323) - 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

2019

Legal Domicile

Principal Officer

RACHEL WOOTEN

Phone

5028762123

Tax Period

2024-01-01 to 2024-12-31

LOVE TRANSFORMATION PROJECT INC, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 7% surplus.

Mission

LTP PRIMARY MISSION IS TO IDENTIFY AND ADDRESS THE CORE ISSUES THAT DIVIDE OUR COMMUNITY. TO CREATE OPPORTUNITY TO NEEDS BASED PLATFORMS OF SERVICES THAT ENGAGE OUR COMMUNTIY IN ACTON BASED PROGRAMS

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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 $1,915,142

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,915,142

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,205

Fundraising Expenses $5,013

Other Expenses $1,706,050

TOTAL EXPENSES $1,774,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,915,142	$1,397,820	+0.4%
Expenses	$1,774,255	$1,199,743	+0.5%
Net Income	$140,887	$198,077	-0.3%

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
RACHEL REEVES	VICE PRESIDENT	10.00	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
2024	$1,915,142	$1,774,255	$233,086	$140,887
2023	$1,397,820	$1,199,743	$257,010	$198,077
2022	$1,411,651	$1,176,345	$245,942	$235,306
2021	$1,332,117	$1,076,089	$198,600	$256,028
2020	$1,192,418	$870,264	$322,154	$322,154

LOVE TRANSFORMATION PROJECT INC