LOVE YOUR MAGIC INC (EIN 872061145) - 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

2021

Legal Domicile

Principal Officer

IVANNA SOLANO

Phone

2028306652

Tax Period

2024-07-01 to 2025-06-30

LOVE YOUR MAGIC INC, founded in 2021, is a small nonprofit in the Youth Development sector that reported $814K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 30% operating margin.

Mission

THE OBJECT OF LOVE YOUR MAGIC, INC. IS TO POSITIVELY IMPACT THE PERCEPTION, VALUE, AND TREATMENT OF BLACK AND BROWN GIRLS IN SCHOOLS THROUGH EDUCATIONAL SERVICES, COMMUNITY ENGAGEMENT, AND PROGRAMMING THAT CENTERS ON SELF- AND COMMUNITY- ADVOCACY, SELF-LOVE, AND SISTERHOOD.

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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 $813,790

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $813,790

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $202,582

Fundraising Expenses $0

Program Expenses $526,766

Other Expenses $358,022

TOTAL EXPENSES $566,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$813,790	$428,781	+0.9%
Expenses	$566,604	$546,187	+0.0%
Net Income	$247,186	$-117,406	-3.1%

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

$175,479

Total Directors

$175,479

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IVANNA SOLANO	EXECUTIVE DI	50.00	Officer Director	$149,666	$0	$149,666
JANILLE OLIVO	TREASURER	20.00	Officer Director	$25,813	$0	$25,813
LAURA ASSADE	DIRECTOR	1.00	Director	$0	$0	$0
ALICE MITCHELL	DIRECTOR	1.00	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
2025	$813,790	$566,604	$353,725	$247,186
2024	$428,781	$546,187	$128,516	$-117,406
2023	$113,197	$185,004	$217,549	$-71,807
2022	$582,211	$372,113	$279,933	$210,098
2021	$132,787	$76,862	$177,541	$55,925

LOVE YOUR MAGIC INC