LOVE GROWS PROJECT INC LOVE GROWS PROGRAM (EIN 854066033) - 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

2020

Legal Domicile

Principal Officer

MELISSA GRIFIN

Tax Period

2022-08-01 to 2023-07-31

LOVE GROWS PROJECT INC LOVE GROWS PROGRAM, founded in 2020, is a small nonprofit in the Education sector that reported $112K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year.

Mission

PAY FOR DAYCARE FOR FAMILYS THAT CANNOT AFFORD TO PAY COSTS. WHICH ALLOWS THEM TO WORK FOR A LIVING AND HAVE PEACE OF MIND THEIR KIDS ARE TAKEN CARE OF.

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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 (2022)

Revenue Breakdown

Contributions & Grants $88,126

Program Service Revenue $23,687

Investment Income $0

Other Revenue $0

TOTAL REVENUE $111,813

Expense Breakdown

Grants Paid $91,500

Salaries & Benefits $0

Fundraising Expenses $10,294

Program Expenses $91,500

Other Expenses $19,766

TOTAL EXPENSES $111,266

Year-over-Year Comparison

	2022	2021	Change
Revenue	$111,813	$125,808	-0.1%
Expenses	$111,266	$7,915	+13.1%
Net Income	$547	$117,893	-1.0%

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

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
MEG SCHROEDER	PRESIDENT	15	Officer	$0	$0	$0
LIBBY STULTS	VICE PRESIDENT	10	Officer	$0	$0	$0
SOPHIE ROOS	TRUSTEE	5	Director	$0	$0	$0
LAUREN KELP	SECRETARY	10	Officer	$0	$0	$0
MISSY GRIFFIN	DIRECTOR	10	Director	$0	$0	$0
FRED MCCRARY	TRUSTEE	5	Director	$0	$0	$0
ASHLEY COLLINS	TREASURER	10	Officer	$0	$0	$0
ABIGAIL FOLTZ	TRUSTEE	5	Director	$0	$0	$0
MEG SCHROEDER	PRESIDENT	15	Officer	$0	$0	$0
LIBBY STULTS	VICE PRESIDENT	10	Officer	$0	$0	$0
SOPHIE ROOS	TRUSTEE	5	Director	$0	$0	$0
LAUREN KELP	SECRETARY	10	Officer	$0	$0	$0
ABIGAIL FOLTZ	TRUSTEE	5	Director	$0	$0	$0
MISSY GRIFFIN	DIRECTOR	10	Officer	$0	$0	$0
FREDERICK MCCR	TRUSTEE	5	Director	$0	$0	$0
ASHLEY COLLINS	TREASURER	10	Officer	$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
2023	$111,813	$111,266	$86,622	$547
2022	$125,808	$7,915	$111,756	$117,893
2021	$27,068	$577	$26,491	$26,491

LOVE GROWS PROJECT INC LOVE GROWS PROGRAM