LITA LOVE IS THE ANSWER (EIN 953295831) - 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

1976

Legal Domicile

Phone

4154725482

Tax Period

2024-01-01 to 2024-12-31

LITA LOVE IS THE ANSWER, founded in 1976, is a small nonprofit in the Human Services sector that reported $377K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $146K, a strong 39% operating margin.

Mission

Connects volunteers to bring the warmth and vitality of the Marin community directly to long-term care residents to lessen their feelings of loneliness and isolation. Matches families, parent and child or a couple or the whole family with a resident to visit. Two major programs include Bridging Generations and Bridging Thru Music.

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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 (2024)

Revenue Breakdown

Contributions & Grants $356,097

Program Service Revenue $0

Investment Income $15,436

Other Revenue $5,519

TOTAL REVENUE $377,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,339

Fundraising Expenses $46,796

Program Expenses $114,507

Other Expenses $47,246

TOTAL EXPENSES $230,585

Year-over-Year Comparison

	2024	2023	Change
Revenue	$377,052	$195,577	+0.9%
Expenses	$230,585	$197,958	+0.2%
Net Income	$146,467	$-2,381	-62.5%

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

N/A

Employees

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

$80,315

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara J Brown	Executive Dir.	28.00	Director	$80,315	$0	$80,315
Renee Shapiro	Director	0.00	Director	$0	$0	$0
Jenay Southwick Cottrell	Director	0.00	Director	$0	$0	$0
Mary Wong	Director	0.00	Director	$0	$0	$0
Erik Flatt	Director	0.00	Director	$0	$0	$0
Cara Jones-Fredline	Director	0.00	Director	$0	$0	$0
Cathy Sedlock	Director	0.00	Director	$0	$0	$0
Joe Simmons	Director	0.00	Director	$0	$0	$0
Reed McClintock	President	0.00	Officer	$0	$0	$0
William Strawbridge	Vice President	0.00	Officer	$0	$0	$0
Amanda Denny	Secretary	0.00	Officer	$0	$0	$0
Brian Finnegan	Treasurer	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
2024	$377,052	$230,585	$310,763	$146,467
2023	$195,577	$197,958	$164,295	$-2,381
2021	$209,901	$183,480	$167,051	$26,421

LITA LOVE IS THE ANSWER