LIL PRECIOUS STEPS (EIN 202421023) - 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

2006

Legal Domicile

Phone

8067622562

Tax Period

2022-01-01 to 2022-12-31

LIL PRECIOUS STEPS, founded in 2006, is a small nonprofit that reported $453K in total revenue in fiscal year 2022. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $416K left a modest 8% surplus.

Mission

TO PROVIDE A HEALTHY AND SAFE ATMOSPHERE FOR CHILDREN TO DEVELOP PHYSICALLY, INTELLECTUALLY, SOCIALLY AND EMOTIONALLY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $401,392

Program Service Revenue $51,547

Investment Income $66

Other Revenue $0

TOTAL REVENUE $453,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $414,636

Other Expenses $416,209

TOTAL EXPENSES $416,209

Year-over-Year Comparison

	2022	2021	Change
Revenue	$453,005	$334,187	+0.4%
Expenses	$416,209	$293,634	+0.4%
Net Income	$36,796	$40,553	-0.1%

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
CAROLYN DENISE CARAWAY	President	1.00	Officer Director	$0	$0	$0
CHARLES HANKSON	SERGEANT AT ARM	1.00	Director	$0	$0	$0
WANDA MCCARTY	Secretary	1.00	Officer Director	$0	$0	$0
JAMES DENNIS	CONTRACTING MGR	1.00	Director	$0	$0	$0
CHARLOTTE MCCARTY	Executive Dir.	60.00	Director	$0	$0	$0
CAYLENE CADDELL	Treasurer	1.00	Officer Director	$0	$0	$0
KIMBERLY JUDD	Vice President	1.00	Officer Director	$0	$0	$0
KEITH MCCARTY	MEMBER	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
2022	$453,005	$416,209	No data	$36,796
2021	$334,187	$293,634	$121,728	$40,553
2020	$293,693	$332,177	$39,517	$-38,484
2019	$389,487	$398,411	$37,744	$-8,924
2018	$494,297	$460,567	$57,374	$33,730
2017	$384,042	$451,160	$16,309	$-67,118

LIL PRECIOUS STEPS