THE LOVELAND FOUNDATION INC (EIN 833421375) - 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

2019

Legal Domicile

Principal Officer

SHARLENE SHORTT

Phone

7189288893

Tax Period

2024-01-01 to 2024-12-31

THE LOVELAND FOUNDATION INC, founded in 2019, is a community nonprofit in the Civil Rights & Advocacy sector that reported $4.0M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Net assets of $23.4M represent 70 months of operating reserves.

Mission

MISSION STATEMENT The Loveland Foundation Inc. was formed for the purpose of showing up for communities of color in unique and powerful ways, with a particular focus on Black women and girls.

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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 $3,173,495

Program Service Revenue $0

Investment Income $833,261

Other Revenue $0

TOTAL REVENUE $4,006,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $821,224

Fundraising Expenses $101,516

Program Expenses $3,266,029

Other Expenses $3,522,438

TOTAL EXPENSES $4,343,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,006,756	$4,978,494	-0.2%
Expenses	$4,343,662	$5,049,042	-0.1%
Net Income	$-336,906	$-70,548	+3.8%

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

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

$120,000

Total Directors

$120,000

Key Employees

$247,697

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHLE CARGLE	PRESIDENT	2.00	Officer Director	$120,000	$0	$120,000
JOE DAVIS IV	TREASURER	2.00	Officer Director	$0	$0	$0
DONITA VOLKWIJN	SECRETARY	2.00	Officer Director	$0	$0	$0
SHARLENE KEMLER	CHIEF EXECUTIVE OFFICER	50.00	Key Emp Highest	$247,697	$0	$247,697

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
2024	$4,006,756	$4,343,662	$23,555,960	$-336,906
2023	$4,978,494	$5,049,042	$23,993,558	$-70,548
2022	$4,559,065	$3,812,657	$24,012,469	$746,408
2021	$8,069,044	$2,259,302	$23,295,554	$5,809,742
2019	$363,077	$101,673	$265,404	$261,404

THE LOVELAND FOUNDATION INC