LOVE-WATER INC (EIN 900838636) - 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

2012

Legal Domicile

Principal Officer

JAKE SHERLEY

Phone

6617038625

Tax Period

2022-01-01 to 2022-12-31

LOVE-WATER INC, founded in 2012, is a micro nonprofit in the International Affairs sector that reported $82K in total revenue in fiscal year 2022. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $156K exceeded revenue, resulting in a 90% operating deficit.

Mission

TO RAISE FUNDS AND AWARENESS FOR CLEAN WATER PROJECTS IN GEOGRAPHICAL AREAS OF THE PLANET THAT DO NOT HAVE ACCESS TO CLEAN WATER, (II) FOSTER PROGRAMS IN THOSE GEOGRAPHICAL AREAS TO TEACH, PRODUCE, MARKET AND SELL PRODUCTS, AND (III) FOR SUCH OTHER PUBLIC PURPOSES WHICH ARE RELATED TO EITHER OF THE FORGOING AS DETERMINED BY THE ORGANIZATION'S BOARD OF DIRECTORS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $81,954

Program Service Revenue $0

Investment Income $0

Other Revenue $202

TOTAL REVENUE $82,156

Expense Breakdown

Grants Paid $136,260

Salaries & Benefits $0

Fundraising Expenses $819

Program Expenses $150,803

Other Expenses $19,687

TOTAL EXPENSES $155,947

Year-over-Year Comparison

	2022	2021	Change
Revenue	$82,156	$244,635	-0.7%
Expenses	$155,947	$216,284	-0.3%
Net Income	$-73,791	$28,351	-3.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRIS PELSTER	DIRECTOR	2.00	Director	$0	$0	$0
JAKE SHERLEY	PRESIDENT	30.00	Officer	$0	$0	$0
CHRISTINA PAVLETICH	TREASURER	5.00	Officer	$0	$0	$0
LINDA PORTER	SECRETARY	2.00	Officer	$0	$0	$0
CHRIS FIELD	VICE PRESIDENT	2.00	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
2022	$82,156	$155,947	$138,207	$-73,791
2021	$244,635	$216,284	$212,303	$28,351
2019	$140,822	$167,647	$200,569	$-26,825
2018	$112,335	$145,862	$226,707	$-33,527

LOVE-WATER INC