Lyles Foundation A Charitable Trust (EIN 137334864) - 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

Principal Officer

Gerald V Lyles

Phone

5592265600

Tax Period

2023-01-01 to 2023-12-31

Lyles Foundation A Charitable Trust, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $525K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $6.9M exceeded revenue, resulting in a 1209% operating deficit.

Mission

TO PROVIDE SUPPORT FOR CERTAIN ACTIVITIES OF THE CENTRAL VALLEY COMMUNITY FOUNDATION, AN ORGANIZATION DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. THE LYLES FOUNDATION'S GOAL IS TO PROVIDE SUPPORT FOR THE EXPANSION OF EDUCATIONAL OPPORTUNITIES, MEDICAL EDUCATION AND RESEARCH.

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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 $73,289

Program Service Revenue $0

Investment Income $-45,781

Other Revenue $497,093

TOTAL REVENUE $524,601

Expense Breakdown

Grants Paid $6,216,309

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,216,309

Other Expenses $652,440

TOTAL EXPENSES $6,868,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,601	$4,384,580	-0.9%
Expenses	$6,868,749	$8,382,095	-0.2%
Net Income	$-6,344,148	$-3,997,515	+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

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
Gerald V Lyles	Trustee	1.00	Officer Director	$0	$0	$0
William M Lyles	Trustee	1.00	Officer Director	$0	$0	$0
Ashley Swearengin	Trustee	1.00	Officer Director	$0	$0	$0
Jeff Jaech	Trustee	1.00	Director	$0	$0	$0
Ken Newby	Trustee	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	$524,601	$6,868,749	$42,427,772	$-6,344,148
2022	$4,384,580	$8,382,095	$55,348,582	$-3,997,515
2021	$8,889,456	$1,222,753	$55,246,223	$7,666,703
2020	$5,017,107	$4,944,072	$43,308,499	$73,035
2019	$3,258,893	$1,992,089	$43,670,150	$1,266,804
2018	$7,539,367	$2,096,285	$41,705,734	$5,443,082

Lyles Foundation A Charitable Trust