LOVE ARMY

EIN: 822274942 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$44,807
Net Assets
$44,807
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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
CA
Principal Officer
JEROME CHAPPALET
Phone
2127684500
Tax Period
2023-01-01 to 2023-12-31

Mission

LOVE ARMY IS A NONPROFIT ORGANIZATION FOUNDED WITH THE PURPOSE OF GIVING EVERYONE IN THE WORLD AN OPPORTUNITY TO SOLVE PROBLEMS WITH COMPASSION, TO CREATE MIRACLES, AND TO EMPOWER HUMANITY. LOVE ARMY HAS A NETWORK COMPRISED OF SOCIAL MEDIA INFLUENCERS FROM ALL OVER THE WORLD, WHO HELP TO DO GOOD FOR OTHERS AND FUNDRAISE FOR CAUSES NEAR AND DEAR TO THEIR HEARTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A $18,413 -1.0%
Net Income N/A $-18,413 N/A
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

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Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEROME CHAPPALET PRESIDENT/SECRETARY 20.00
Officer Director
$0 $0 $0
ANTHONY BONSIGNORE VICE PRESIDENT 5.00
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
2024 No data No data No data No data
2023 No data No data $44,807 No data
2022 No data $18,413 $44,807 No data
2021 No data $21,013 $63,220 No data
2020 $4,113 $1,026,137 $84,233 $-1,022,024
2019 $92,840 $1,139,480 $1,106,403 $-1,046,640
2018 $3,626,631 $1,864,135 $2,174,734 $1,762,496
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