OLIVIA LOVING HEARTS

EIN: 901032441 501(c)(3) Human Services

Detroit, MI

Total Revenue
$1,240
Total Expenses
$1,085
Total Assets
$205
Net Assets
$205
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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
2013
Legal Domicile
MI
Principal Officer
MARCIA L WATERS
Phone
3134820220
Tax Period
2020-01-01 to 2020-12-31

OLIVIA LOVING HEARTS, founded in 2013, is a micro nonprofit in the Human Services sector that reported $1K in total revenue in fiscal year 2020. Revenue surged 125% from the prior year, signaling strong growth momentum. Expenses of $1K left a modest 12% surplus.

Mission

To assist, support and sponsor those who cannot afford to bury love ones.

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,240
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,085
Other Expenses $1,085
TOTAL EXPENSES $1,085

Year-over-Year Comparison

2020 2019 Change
Revenue $1,240 $550 +1.3%
Expenses $1,085 $500 +1.2%
Net Income $155 $50 +2.1%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCIA L WATERS PRESIDENT 002.00
Officer Director
$0 $0 $0
MARKITA L ADAMS SECRETARY 002.00
Officer Director
$0 $0 $0
MARQUISE O ADAMS TREASURER 002.00
Officer 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
2020 $1,240 $1,085 $205 $155
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