LOVE & HOPE RESCUE MISSION

EIN: 872643550 501(c)(3) Mental Health

NEWARK, DE

Total Revenue
$136,338
Total Expenses
$186,569
Total Assets
$38,626
Net Assets
$36,806
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
ERLANDE SIMON
Phone
3023323829
Tax Period
2025-01-01 to 2025-12-31

LOVE & HOPE RESCUE MISSION, founded in 2021, is a small nonprofit in the Mental Health sector that reported $136K in total revenue in fiscal year 2025. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $187K exceeded revenue, resulting in a 37% operating deficit.

Mission

OUR PRIMARY AIM IS TO IDENTIFY IN WHAT WAY WE CAN HELP EACH INDIVIDUAL. THEIR NEEDS ARE DIFFERENT, FROM HOUSING TO REHABILITATION, ABANDONMENT TO LACK OF SKILL, EACH CASE IS UNIQUE. WE PLACE THEM IN PROGRAMS DEPENDING ON THEIR NEEDS TO HELP THEM BECOME INDEPENDENT AND SUCCESSFUL.

Program Service Accomplishments

Program 1
Expenses: $168,599 Revenue: $12,500

OUR PRIMARY AIM IS TO IDENTIFY IN WHAT WAY WE CAN HELP EACH INDIVIDUAL. THEIR NEEDS ARE DIFFERENT, FROM HOUSING TO REHABILITATION, ABANDONMENT TO LACK OF SKILL, EACH CASE IS UNIQUE. WE PLACE THEM IN...

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OUR PRIMARY AIM IS TO IDENTIFY IN WHAT WAY WE CAN HELP EACH INDIVIDUAL. THEIR NEEDS ARE DIFFERENT, FROM HOUSING TO REHABILITATION, ABANDONMENT TO LACK OF SKILL, EACH CASE IS UNIQUE. WE PLACE THEM IN PROGRAMS DEPENDING ON THEIR NEEDS TO HELP THEM BECOME INDEPENDENT AND SUCCESSFUL.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $123,734
Program Service Revenue $12,500
Investment Income $0
Other Revenue $104
TOTAL REVENUE $136,338

Expense Breakdown

Grants Paid $6,764
Salaries & Benefits $29,417
Fundraising Expenses $0
Program Expenses $168,599
Other Expenses $150,388
TOTAL EXPENSES $186,569

Year-over-Year Comparison

2025 2024 Change
Revenue $136,338 $653,609 -0.8%
Expenses $186,569 $772,059 -0.8%
Net Income $-50,231 $-118,450 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
35

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
3
$29,417
Total Directors
5
$29,417
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERLANDE SIMON EXECUTIVE DI 60.00
Officer Director
$15,000 $0 $15,000
MARTINS OKOLO VICE PRESIDE 20.00
Officer Director
$14,417 $0 $14,417
CHARITO CALVACHI-MATEYKO SECRETARY 5.00
Officer Director
$0 $0 $0
JAMIE RUBIN BOARD MEMBER 1.00
Director
$0 $0 $0
JESUS SANCHEZ BOARD MEMBER 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 $136,338 $186,569 $38,626 $-50,231
2024 $653,609 $772,059 $88,857 $-118,450
2023 $695,091 $639,219 $207,002 $55,872
2022 $290,159 $174,316 $34,286 $115,843
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