LOVE PACKAGES INC

EIN: 932821638 501(c)(3) Religion

Piney Point, MD

Total Revenue
$5,034
Total Expenses
$35,450
Total Assets
$6,100
Net Assets
$6,100
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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
2023
Legal Domicile
MD
Tax Period
2023-01-01 to 2023-12-31

LOVE PACKAGES INC, founded in 2023, is a micro nonprofit in the Religion sector that reported $5K in total revenue in fiscal year 2023. Expenses of $35K exceeded revenue, resulting in a 604% operating deficit.

Mission

To provide toys, school supplies, books, and personal hygiene items to children in need around the world

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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 (2023)

Revenue Breakdown

Contributions & Grants $27,044
Program Service Revenue $75
Investment Income $0
Other Revenue $-22,085
TOTAL REVENUE $5,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,095
Other Expenses $35,450
TOTAL EXPENSES $35,450

Year-over-Year Comparison

2023 2022 Change
Revenue $5,034 N/A N/A
Expenses $35,450 N/A N/A
Net Income $-30,416 N/A N/A
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
N/A
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA WALSH SECRETARY 0.00
Officer
$0 $0 $0
WILLIAM WALSH VICE PRESIDENT 0.00
Officer
$0 $0 $0
RICHARD TANCRETO PRESIDENT 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
2023 $5,034 $35,450 $6,100 $-30,416
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