LOVE INC OF SOUTH WOOD COUNTY INC (EIN 820819727) - 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

2017

Legal Domicile

Principal Officer

ERIC L HAMBROCK

Tax Period

2024-01-01 to 2024-12-31

LOVE INC OF SOUTH WOOD COUNTY INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $180K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $40K, a strong 22% operating margin.

Mission

Mobilizing local churches to transform lives and communities in the name of Christ. Love INC of South Wood County, Inc. coordinates service with local churches, non-profits, community agencies, and volunteers. We foster

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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 $75,263

Program Service Revenue $0

Investment Income $25

Other Revenue $105,121

TOTAL REVENUE $180,409

Expense Breakdown

Grants Paid $133

Salaries & Benefits $98,051

Fundraising Expenses $0

Program Expenses $50,822

Other Expenses $41,928

TOTAL EXPENSES $140,112

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,409	$190,290	-0.1%
Expenses	$140,112	$154,614	-0.1%
Net Income	$40,297	$35,676	+0.1%

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

130

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
Susan Siewert	Secretary	001.00	Officer Director	$0	$0	$0
Jean Sorenson	President	001.00	Officer Director	$0	$0	$0
Eric Wenger	Director	001.00	Director	$0	$0	$0
Chuck Bradbury	Vice President/Treasurer	001.00	Officer Director	$0	$0	$0
Lawrence Daughenbaugh	Manager	040.00	Director Key Emp	$0	$0	$0
Eric Hambrock	Executive Director	040.00	Director Key Emp	$0	$0	$0
Nicole Stachurski	Director	001.00	Director	$0	$0	$0
David Wilkinson	Director	001.00	Director	$0	$0	$0
Roy Ferkey	Director	001.00	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
2024	$180,409	$140,112	$222,298	$40,297
2023	$190,290	$154,614	$181,470	$35,676
2022	$118,140	$185,179	$146,477	$-67,039
2021	$332,530	$158,394	$213,105	$174,136
2020	$131,399	$119,567	$39,037	$11,832

LOVE INC OF SOUTH WOOD COUNTY INC