LOVE ART PLAY INC

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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

Principal Officer

ARLENE BEGELMAN

Phone

2033139335

Tax Period

2019-01-01 to 2019-12-31

LOVE ART PLAY INC, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $7K in total revenue in fiscal year 2019. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $16K exceeded revenue, resulting in a 129% operating deficit.

Mission

LOVE/ART/PLAY FOSTERS ORIGINAL ARTS PROJECTS WITH ARTISTS OF ALL DISCIPLINES ENCOURAGING PERFORMANCES AND WORKSHOPS TO RAISE FUNDS FOR MEN, WOMEN AND CHILDREN OF ALL AGES IN NEED OF SAFETY, EDUCATIONAL AND CREATIVE OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $14,118 Revenue: $4,412

WORKSHOPS AND EVENTS TO PROMOTE ARTISTIC PROJECTS AND TO INSPIRE CHILDREN.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,620

Program Service Revenue $4,412

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,118

Other Expenses $16,080

TOTAL EXPENSES $16,080

Year-over-Year Comparison

	2019	2018	Change
Revenue	$7,032	$18,987	-0.6%
Expenses	$16,080	$8,671	+0.9%
Net Income	$-9,048	$10,316	-1.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL POSSIDENTO	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WALKER-PRICE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KELLOGG	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY ROACH	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL POSTHAUER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BEGELMAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA FLOOD	DIRECTOR	1.00	Director	$0	$0	$0
ARLENE BEGELMAN	PRESIDENT	10.00	Officer	$0	$0	$0
BARBARA BRAVERMAN	SECRETARY	1.00	Officer	$0	$0	$0
BARBARA FLOOD	TREASURER	1.00	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
2019	$7,032	$16,080	$14,498	$-9,048
2018	$18,987	$8,671	$23,546	$10,316