LOTS OF LOVE FOUNDATION INC (EIN 854298617) - 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

RONALD A SHUGAR

Phone

3104225211

Tax Period

2023-12-01 to 2024-11-30

LOTS OF LOVE FOUNDATION INC, founded in 2020, is a micro nonprofit in the Animal-Related sector that reported $22K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $48K exceeded revenue, resulting in a 120% operating deficit.

Mission

CHARITABLE AND EDUCATION, INCLUDING MAKING CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $21,810

Other Revenue $0

TOTAL REVENUE $21,810

Expense Breakdown

Grants Paid $47,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,400

Other Expenses $666

TOTAL EXPENSES $48,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,810	$16,073	+0.4%
Expenses	$48,066	$24,155	+1.0%
Net Income	$-26,256	$-8,082	+2.2%

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
RONALD A SHUGAR	DIRECTOR & CHAIRMAN	1.00	Officer Director	$0	$0	$0
PATRICK R LEWIS	DIRECTOR & TREASURER	0.50	Officer Director	$0	$0	$0
JO ANNE MARS	DIRECTOR & SECRETARY	0.50	Officer 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
2024	$21,810	$48,066	$445,532	$-26,256
2023	$16,073	$24,155	$471,788	$-8,082
2022	No data	$25,065	$479,870	No data
2021	$505,000	$65	$504,935	$504,935

LOTS OF LOVE FOUNDATION INC