LUVLEE'S RESIDENTIAL CARE INC (EIN 954166905) - 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

1988

Legal Domicile

Principal Officer

SEAN HARDGE

Phone

9095942762

Tax Period

2023-01-01 to 2023-12-31

LUVLEE'S RESIDENTIAL CARE INC, founded in 1988, is a community nonprofit in the Mental Health sector that reported $2.1M in total revenue in fiscal year 2023. Expenses of $1.9M left a modest 14% surplus.

Mission

GROUP HOME PROVIDING 24 HOUR RESIDENTIAL CARE AND PSYCHOLOGICAL TREATMENT TO CHILDREN

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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 $2,137,776

Program Service Revenue $0

Investment Income $0

Other Revenue $7,120

TOTAL REVENUE $2,144,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,154,954

Fundraising Expenses $0

Program Expenses $1,651,196

Other Expenses $699,378

TOTAL EXPENSES $1,854,332

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,144,896	$2,014,723	+0.1%
Expenses	$1,854,332	$1,836,258	+0.0%
Net Income	$290,564	$178,465	+0.6%

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

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

$220,800

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN HARDGE	EXECUTIVE DIRECTOR	40.00	Key Emp Highest	$115,200	$0	$115,200
LATASHA HARDGE	ASSISTANT E.D.	40.00	Key Emp Highest	$105,600	$0	$105,600
NOEL CHICHESTER	PRESIDENT	1.00	Director	$0	$0	$0
RASHEED HORSFORD	SECRETARY	1.00	Director	$0	$0	$0
TIFFANY BAKER	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$2,144,896	$1,854,332	$1,408,286	$290,564
2022	$2,014,723	$1,836,258	$1,234,059	$178,465
2021	$1,915,184	$1,662,563	$1,089,238	$252,621
2020	$1,593,657	$1,572,722	$987,775	$20,935
2019	$1,618,388	$1,370,641	$696,873	$247,747

LUVLEE'S RESIDENTIAL CARE INC