MFEs Food Is Love 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

2018

Legal Domicile

Principal Officer

JASON POON

Phone

7139863698

Tax Period

2020-01-01 to 2020-12-31

MFEs Food Is Love Inc, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $80K in total revenue in fiscal year 2020. Revenue surged 427% from the prior year, signaling strong growth momentum. Expenses of $98K exceeded revenue, resulting in a 22% operating deficit.

Mission

The Corporation is organized and shall be operated exclusively for charitable purposes under Section 501(c)(3) of the Code. The primary focus will be to support the local com in promotion of Arts & Culture.

Program Service Accomplishments

Program 1

Expenses: $87,729 Revenue: $80,092

Houston Food Bank Unemployed Hospitality Worker Program for COVID env

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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 (2020)

Revenue Breakdown

Contributions & Grants $80,092

Program Service Revenue $0

Investment Income $295

Other Revenue $0

TOTAL REVENUE $80,387

Expense Breakdown

Grants Paid $9,888

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $87,729

Other Expenses $88,194

TOTAL EXPENSES $98,082

Year-over-Year Comparison

	2020	2019	Change
Revenue	$80,387	$15,249	+4.3%
Expenses	$98,082	$8,166	+11.0%
Net Income	$-17,695	$7,083	-3.5%

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
JULIE POON	Director	N/A	Director	$0	$0	$0
JASON POON	Director	N/A	Director	$0	$0	$0
GERALD HUANG	Director	N/A	Director	$0	$0	$0
VARUNEE CHINNALAI	Director	N/A	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
2020	$80,387	$98,082	$12,613	$-17,695