LOVE REALITY INC (EIN 842822159) - 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

RICHARD YOUNG

Phone

9788474351

Tax Period

2024-01-01 to 2024-12-31

LOVE REALITY INC, founded in 2019, is a small nonprofit in the Religion sector that reported $186K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $219K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO EDUCATE AND EQUIP ATTENDEES WHO ARE MENTORED TO BECOME DISCIPLEMAKERS AND SPEAKERS IN A SCALABLE MANNER TO SHARE THE MESSAGE OF JESUS CHRIST IN NEUTRAL VENUES.

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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 $185,971

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $154,474

Other Expenses $218,602

TOTAL EXPENSES $218,602

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,971	$238,902	-0.2%
Expenses	$218,602	$221,852	0.0%
Net Income	$-32,631	$17,050	-2.9%

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

N/A

Employees

N/A

Volunteers

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

$78,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDUARDO CORNEJO	SECRETARY	20.00	Officer	$42,000	$0	$42,000
RICHARD YOUNG	TREASURER	20.00	Officer	$36,000	$0	$36,000
JONATHAN LEONARDO	PRESIDENT	20.00	Officer	$700	$0	$700

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	$185,971	$218,602	$97,104	$-32,631
2023	$238,902	$221,852	$129,735	$17,050
2022	$184,747	$172,926	$112,685	$11,821
2021	$183,448	$137,714	$100,864	$45,734
2020	$82,237	$79,308	$55,130	$2,929

LOVE REALITY INC