FIRST LOVE PEOPLE

EIN: 881176562 501(c)(3) Religion

FERRIS, TX

Total Revenue
$36,146
Total Expenses
$36,527
Total Assets
$453
Net Assets
$-37,689
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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
2022
Legal Domicile
TX
Principal Officer
MICHAEL MASEK
Phone
9729215942
Tax Period
2024-01-01 to 2024-12-31

FIRST LOVE PEOPLE, founded in 2022, is a micro nonprofit in the Religion sector that reported $36K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring.

Mission

SPIRITUAL ENRICHMENT, PERSONAL DEVELOPMENT, COMMUNITY EMPOWERMENT, EDUCATIONAL AND CHARITABLE PURPOSES, AND UNIFYING THE FAITH COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $36,146
Investment Income $0
Other Revenue $0
TOTAL REVENUE $36,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,000
Fundraising Expenses $0
Program Expenses $36,527
Other Expenses $12,527
TOTAL EXPENSES $36,527

Year-over-Year Comparison

2024 2023 Change
Revenue $36,146 $71,516 -0.5%
Expenses $36,527 $108,824 -0.7%
Net Income $-381 $-37,308 -1.0%
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

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Governance

Voting Members
4
Independent Members
1
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MASEK DIRECTOR 0.00
Officer
$0 $0 $0
ERIC PORTER DIRECTOR 0.00
Officer
$0 $0 $0
SHANNON WEBB DIRECTOR 0.00
Officer
$0 $0 $0
LOUJEANNE GUYE DIRECTOR 0.00
Officer
$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 No data No data No data No data
2024 $36,146 $36,527 $453 $-381
2023 $71,516 $108,824 $835 $-37,308
2022 $191,500 $144,715 $46,785 $46,785
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