LOVE & HOPE RESCUE MISSION (EIN 872643550) - 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

ERLANDE SIMON

Phone

3023323829

Tax Period

2024-01-01 to 2024-12-31

LOVE & HOPE RESCUE MISSION, founded in 2021, is a small nonprofit in the Mental Health sector that reported $654K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $772K exceeded revenue, resulting in a 18% 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.

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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 $630,608

Program Service Revenue $17,500

Investment Income $13

Other Revenue $5,488

TOTAL REVENUE $653,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,910

Fundraising Expenses $0

Program Expenses $628,714

Other Expenses $559,149

TOTAL EXPENSES $772,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$653,609	$695,091	-0.1%
Expenses	$772,059	$639,219	+0.2%
Net Income	$-118,450	$55,872	-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

N/A

Volunteers

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

$212,910

Total Directors

$212,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERLANDE SIMON	EXECUTIVE DI	60.00	Officer Director	$139,959	$0	$139,959
MARTINS OKOLO	VICE PRESIDE	20.00	Officer Director	$72,951	$0	$72,951
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
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

LOVE & HOPE RESCUE MISSION