OKLAHOMA CITY, OK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOVE GROW LIVE CENTER INC, founded in 2021, is a small nonprofit in the Youth Development sector that reported $222K in total revenue in fiscal year 2022. Revenue surged 831% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 48% operating margin.
The Love Grow Live Center, Inc. seeks to sow love and growth into the community by operating much-needed programs that will enrich the lives of the communities we serve. We will strive to create and sustain quality programs and services that create opportunities for Northeast Oklahoma City and surrounding communities to Love, Grow, and Live successfully in this 21st Century age. Our vision is to provide services that drives strong support for families and young people in Northeast Oklahoma City to navigate historic and systemic inequalities in resources, power and opportunity for the underserved communities.
In 2022, the Love Grow Live Center successfully launched its Aftercare Program, thanks to the support of Collins Community AME Church and generous grants from the Oklahoma Department of Human...
In 2022, the Love Grow Live Center successfully launched its Aftercare Program, thanks to the support of Collins Community AME Church and generous grants from the Oklahoma Department of Human Services totaling $199,396.45. The program was designed to provide essential services and support to the community, and here is a summary of the key aspects: 1. **Collins Community AME Church Partnership:** The Love Grow Live Center collaborated with Collins Community AME Church to implement the Aftercare Program. This partnership played a pivotal role in the program's success by providing a location and resources to support the community. 2. **Grant Funding:** The organization secured substantial funding from the Oklahoma Department of Human Services, totaling $199,396.45. These funds were instrumental in launching and sustaining the program throughout the year. 3. **Allocation of Funds:** The majority of the grant funds were allocated as follows: - **Building Maintenance:** A significant portion of the funds was dedicated to ensuring the safety and functionality of the program's facilities. This included necessary repairs, renovations, and upkeep to provide a secure and welcoming environment for participants. - **Startup Fees:** A portion of the funds was utilized for startup expenses, such as equipment, supplies, and administrative costs necessary to establish and run the program effectively from the outset. - **Non-Employee Contract Compensation:** Some funds were allocated to compensate non-employee contractors, who likely provided specialized services or expertise crucial to the success of the program. The Love Grow Live Center's Aftercare Program aimed to make a positive impact on the community by offering much-needed support and resources. With the collaboration of Collins Community AME Church and the financial assistance from the Oklahoma Department of Human Services, the program was able to fulfill its mission and serve those in need throughout the year.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $222,393 | $23,890 | +8.3% |
| Expenses | $116,011 | $18,468 | +5.3% |
| Net Income | $106,382 | $5,422 | +18.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | Marketing and Consultant | 50 |
Director
|
$12,772 | $0 | $12,772 |
| Rev Brandon L Sims Sr | Founder and Executive Director | 50 |
Director
Highest
|
$6,934 | $0 | $6,934 |
| Rufus Howard | Treasure | 0 |
Director
|
$0 | $0 | $0 |
| Artena Slaughter | President | 0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $222,393 | $116,011 | $211,159 | $106,382 |
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