MFEs Food Is Love Inc

EIN: 824791171 501(c)(3) Arts, Culture & Humanities

Houston, TX

Total Revenue
$80,387
Total Expenses
$98,082
Total Assets
$12,613
Net Assets
$-7,500
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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
TX
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

to support the local community in the promotion of Arts and Culture

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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 (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

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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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
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
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