THE LOVELIFE FOUNDATION

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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

1998

Legal Domicile

Principal Officer

DONALD LACY

Phone

5106635683

Tax Period

2023-01-01 to 2023-12-31

THE LOVELIFE FOUNDATION, founded in 1998, is a small nonprofit in the Youth Development sector that reported $203K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 27% operating margin.

Mission

TO PROMOTE NONVIOLENCE IN THE COMMUNITY BY SERVING AT RISK YOUTH EXPOSED TO VIOLENCE

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

ESTABLISHED THE ANTI GUN VIOLENCE ACTIVISM AWARD

Program 2

Expenses: $51,530 Revenue: $70,945

SERVED YOUTH IN AFTER SCHOOL PROGRAM AND SUMMER COLLEGE PREP PROGRAM PROVIDING SCHOLARSHIPS TO STUDENTS

Program 3

Expenses: $11,952 Revenue: $0

TO PROMOTE NONVIOLENCE IN THE COMMUNITY THROUGH YOUTH GROUP SESSIONS, DAY OF SERVICE, TRAINING, TOWN HALLS AND MEDIA BROADCASTING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $202,869

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $202,869

Expense Breakdown

Grants Paid $31,232

Salaries & Benefits $21,276

Fundraising Expenses $60,495

Program Expenses $63,482

Other Expenses $96,072

TOTAL EXPENSES $148,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,869	$157,616	+0.3%
Expenses	$148,580	$105,043	+0.4%
Net Income	$54,289	$52,573	+0.0%

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

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

$21,276

Total Directors