SHOWERING LOVE INC (EIN 812576709) - 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

2016

Legal Domicile

Phone

9545296098

Tax Period

2023-01-01 to 2023-12-31

SHOWERING LOVE INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $506K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 33% operating margin.

Mission

Showering Love, a 501(c)(3) non-profit organization,was created to restoredignity and hope to people experiencing homelessness with weekly showersto inspire the desire for self-sufficiency.

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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 $498,857

Program Service Revenue $0

Investment Income $6,967

Other Revenue $0

TOTAL REVENUE $505,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,667

Fundraising Expenses $36,810

Program Expenses $228,323

Other Expenses $275,711

TOTAL EXPENSES $341,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$505,824	$330,162	+0.5%
Expenses	$341,378	$345,700	0.0%
Net Income	$164,446	$-15,538	-11.6%

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

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

$61,000

Total Directors

$61,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeane Albaugh	CEO	60.00	Officer Director	$61,000	$0	$61,000
Carlos Jofre Jr	Vice President	10.00	Officer Director	$0	$0	$0
Evan Spigelman	Treasurer	10.00	Officer Director	$0	$0	$0
Karen Pintado	Secretary	10.00	Officer Director	$0	$0	$0
Jack Javin	Director	10.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$505,824	$341,378	$527,063	$164,446
2022	$330,162	$345,700	$362,617	$-15,538
2021	$304,919	$202,841	$378,155	$102,078
2020	$409,852	$203,809	$274,776	$206,043

SHOWERING LOVE INC