Lakarmissionen-USA Inc (EIN 030399724) - 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

2002

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Lakarmissionen-USA Inc, founded in 2002, is a micro nonprofit in the International Affairs sector that reported $33K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $86K exceeded revenue, resulting in a 162% operating deficit.

Mission

Inspired by Christian values focused to support and develop non-formal education, mainly Literacy, Basic Education for youth and adults, Preschool, Vocational Training, Social and Community Development programs, Citizenship and Microfinance.

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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 $32,824

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $32,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,603

Other Expenses $85,910

TOTAL EXPENSES $85,910

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,824	$682,316	-1.0%
Expenses	$85,910	$734,816	-0.9%
Net Income	$-53,086	$-52,500	+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

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
David Forsberg	Director	40.00	Director	$0	$0	$0
Josephine Sundqvist	Secretary	5.00	Director	$0	$0	$0
Esteban Fernandez	Director	5.00	Director	$0	$0	$0
Bo Guldstrand	Director	5.00	Director	$0	$0	$0
Mikael Artmark	Director	5.00	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	$32,824	$85,910	$417,658	$-53,086
2022	$682,316	$734,816	$469,406	$-52,500
2021	$1,016,449	$941,099	$521,732	$75,350
2020	$836,507	$839,107	$446,382	$-2,600

Lakarmissionen-USA Inc