Loving Choice Pregnancy Resource Center Inc
Loving Choice Pregnancy Resource Center Inc shows strong asset growth and no officer compensation, but experienced a deficit in 2023.
EIN: 201410531 · Shelbyville, KY · NTEE: P40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $728K |
| Total Expenses | $546K |
| Program Spending | 85% |
| Net Assets | $1.7M |
| Transparency Score | 88/100 |
Is Loving Choice Pregnancy Resource Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Loving Choice Pregnancy Resource Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Loving Choice Pregnancy Resource Center Inc
Loving Choice Pregnancy Resource Center Inc (EIN: 201410531) is a nonprofit organization based in Shelbyville, KY, classified under NTEE code P40. The organization reported total revenue of $728K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loving Choice Pregnancy Resource Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loving Choice Pregnancy Resource Center Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $546K |
| Surplus / Deficit | $-110,286 |
| Total Assets | $1.7M |
| Total Liabilities | $8K |
| Net Assets | $1.7M |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 37.2 months |
Financial Health Grade: B
In 2023, Loving Choice Pregnancy Resource Center Inc reported a deficit of $110K with expenses exceeding revenue, holds 37.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Loving Choice Pregnancy Resource Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.5% | +10.1% | -6.2% |
| 2022 | +66.7% | +33.9% | +17.7% |
| 2021 | -36.7% | +3.9% | +7.3% |
| 2020 | +41.7% | +11.0% | +35.5% |
| 2019 | +88.5% | +49.4% | +54.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Loving Choice Pregnancy Resource Center Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Loving Choice Pregnancy Resource Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This suggests a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation, which is highly favorable for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Loving Choice Pregnancy Resource Center Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal period (2023), resulting in a deficit of $110,286.
- Significant year-over-year revenue fluctuation, with a 43% drop from $770,709 in 2022 to $435,483 in 2023.
Strengths
The following positive indicators were identified for Loving Choice Pregnancy Resource Center Inc:
- Zero reported officer compensation across all 13 filings, indicating high efficiency and dedication of resources to mission.
- Consistent and substantial asset growth, from $712,962 in 2014 to $1,725,057 currently, demonstrating financial stability.
- Low liabilities relative to assets, with liabilities at $7,829 against assets of $1,690,048 in 2023, indicating strong financial health.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Loving Choice Pregnancy Resource Center Inc
Is Loving Choice Pregnancy Resource Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Loving Choice Pregnancy Resource Center Inc (EIN: 201410531) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Loving Choice Pregnancy Resource Center Inc spend its money?
Loving Choice Pregnancy Resource Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Loving Choice Pregnancy Resource Center Inc tax-deductible?
Loving Choice Pregnancy Resource Center Inc is registered as a tax-exempt nonprofit (EIN: 201410531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Loving Choice Pregnancy Resource Center Inc's spending goes to programs?
Loving Choice Pregnancy Resource Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Loving Choice Pregnancy Resource Center Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Loving Choice Pregnancy Resource Center Inc is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Loving Choice Pregnancy Resource Center Inc located?
Loving Choice Pregnancy Resource Center Inc is headquartered in Shelbyville, Kentucky and files with the IRS under EIN 201410531. It is classified under NTEE code P40.
How many years of IRS 990 filings does Loving Choice Pregnancy Resource Center Inc have?
Loving Choice Pregnancy Resource Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $728K in total revenue.
Is Loving Choice Pregnancy Resource Center Inc a good charity?
Based on the available data, Loving Choice appears to be a good charity. It demonstrates strong program focus, no reported officer compensation, and consistent asset growth over time. While there was a deficit in 2023, its overall financial health and commitment to its mission are positive indicators.
How has the organization's revenue trended recently?
Revenue has fluctuated significantly in recent years, peaking at $770,709 in 2022, then dropping to $435,483 in 2023. This volatility suggests reliance on varied funding sources that can change year-to-year.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid to its officers, directors, or trustees. This is a strong positive for financial efficiency and transparency.
Did the organization operate at a surplus or deficit in its latest fiscal period?
In its latest fiscal period (202312), the organization operated at a deficit, with expenses of $545,769 exceeding revenue of $435,483.
How has the organization's asset base changed over time?
The organization has shown consistent and significant asset growth, increasing from $712,962 in 2014 to $1,725,057 in the latest period, indicating strong financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for Loving Choice Pregnancy Resource Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Loving Choice Pregnancy Resource Center Inc's revenue has grown by 19.3%, moving from $365K to $435K. Total assets increased by 231.2% over the same period, from $510K to $1.7M. Total functional expenses rose by 352.8%, from $121K to $546K. In its most recent filing year (2023), Loving Choice Pregnancy Resource Center Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $8K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $546K | $1.7M | $8K | — | — |
| 2022 | $771K | $496K | $1.8M | $10K | — | View 990 |
| 2021 | $462K | $370K | $1.5M | $14K | — | View 990 |
| 2020 | $730K | $356K | $1.4M | $2K | — | View 990 |
| 2019 | $515K | $321K | $1.1M | $2K | — | View 990 |
| 2018 | $273K | $215K | $684K | $2K | — | View 990 |
| 2017 | $181K | $206K | $625K | $1K | — | View 990 |
| 2016 | $176K | $215K | $651K | $3K | — | View 990 |
| 2015 | $187K | $208K | $692K | $4K | — | View 990 |
| 2014 | $182K | $191K | $713K | $4K | — | View 990 |
| 2013 | $213K | $155K | $721K | $3K | — | View 990 |
| 2012 | $276K | $125K | $660K | $1K | — | View 990 |
| 2011 | $365K | $121K | $510K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $546K, and assets of $1.7M (revenue -43.5% year-over-year).
- 2022: Revenue of $771K, expenses of $496K, and assets of $1.8M (revenue +66.7% year-over-year).
- 2021: Revenue of $462K, expenses of $370K, and assets of $1.5M (revenue -36.7% year-over-year).
- 2020: Revenue of $730K, expenses of $356K, and assets of $1.4M (revenue +41.7% year-over-year).
- 2019: Revenue of $515K, expenses of $321K, and assets of $1.1M (revenue +88.5% year-over-year).
- 2018: Revenue of $273K, expenses of $215K, and assets of $684K (revenue +51.3% year-over-year).
- 2017: Revenue of $181K, expenses of $206K, and assets of $625K (revenue +2.8% year-over-year).
- 2016: Revenue of $176K, expenses of $215K, and assets of $651K (revenue -5.9% year-over-year).
- 2015: Revenue of $187K, expenses of $208K, and assets of $692K (revenue +2.6% year-over-year).
- 2014: Revenue of $182K, expenses of $191K, and assets of $713K (revenue -14.7% year-over-year).
- 2013: Revenue of $213K, expenses of $155K, and assets of $721K (revenue -22.6% year-over-year).
- 2012: Revenue of $276K, expenses of $125K, and assets of $660K (revenue -24.5% year-over-year).
- 2011: Revenue of $365K, expenses of $121K, and assets of $510K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loving Choice Pregnancy Resource Center Inc:
Data Sources and Methodology
This transparency report for Loving Choice Pregnancy Resource Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.