lowernineorg (EIN 113821601) - 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

2007

Legal Domicile

Principal Officer

Laura Paul

Phone

5042781240

Tax Period

2024-01-01 to 2024-12-31

lowernineorg, founded in 2007, is a small nonprofit in the Public Safety sector that reported $872K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. Expenses of $765K left a modest 12% surplus.

Mission

lowernine.org is dedicated to training residents and volunteers in the lower ninth ward of New Orleans, LA in the numerous skills necessary to bring this century-old neighborhood back to life in the wake of hurricanes Katrina and Rita.

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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 $871,639

Program Service Revenue $0

Investment Income $295

Other Revenue $0

TOTAL REVENUE $871,934

Expense Breakdown

Grants Paid $532,029

Salaries & Benefits $119,386

Fundraising Expenses $34,934

Program Expenses $671,389

Other Expenses $95,814

TOTAL EXPENSES $764,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$871,934	$479,878	+0.8%
Expenses	$764,936	$505,000	+0.5%
Net Income	$106,998	$-25,122	-5.3%

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

634

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

$50,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Paul	Executive Director	50.00	Officer	$50,000	$0	$50,000
Calvin Alexander	Board Secretary	3.00	Officer Director	$0	$0	$0
Beverly Nichols	President and Treasurer	5.00	Officer Director	$0	$0	$0
Jarrod Broussard	Board Member	3.00	Director	$0	$0	$0
Russell Mistich	Board Member	3.00	Director	$0	$0	$0
Christopher Mistich	Board Member	3.00	Director	$0	$0	$0
Michael Hickerson	Board Member	3.00	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	$871,934	$764,936	$987,295	$106,998
2023	$479,878	$505,000	$885,889	$-25,122
2022	$773,836	$370,507	$908,130	$403,329
2021	$505,168	$400,505	$510,767	$104,663
2020	$519,036	$401,829	$431,973	$117,207
2019	$209,201	$131,146	$311,740	$78,055
2018	$233,014	$164,565	$241,455	$68,449

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