LABORING IN LOVE CORPORATION (EIN 953921209) - 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

2022

Legal Domicile

Principal Officer

THELMA JACKSON

Phone

3104186952

Tax Period

2024-01-01 to 2024-12-31

LABORING IN LOVE CORPORATION, founded in 2022, is a micro nonprofit in the Community Improvement sector that reported $12K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $16K exceeded revenue, resulting in a 35% operating deficit.

Mission

LABORING IN LOVE is a non-profit organization serving the community by helping meet he needs of total individual:physically, mentally and spiritually with love and respect. We also assist members of the community when in need in any way beneficial.

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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 $11,585

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,638

Other Expenses $15,638

TOTAL EXPENSES $15,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,585	$7,255	+0.6%
Expenses	$15,638	$14,536	+0.1%
Net Income	$-4,053	$-7,281	-0.4%

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
THELMA E JACKSON	CEO	40.00	Officer	$0	$0	$0
WILLIMA R JACKSON	SECRETARY	30.00	Officer	$0	$0	$0
PHYLLIS CALLOWAY	CFO	30.00	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	$11,585	$15,638	$2,913	$-4,053
2023	$7,255	$14,536	$6,965	$-7,281
2022	$14,590	$20,236	$9,348	$-5,646

LABORING IN LOVE CORPORATION