LONESTAR LEGACY (EIN 202693176) - 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

2005

Principal Officer

JAY ARNOLD

Phone

5124450676

Tax Period

2024-01-01 to 2024-12-31

LONESTAR LEGACY, founded in 2005, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $97K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $89K left a modest 8% surplus.

Mission

FORM 990, PART III, THE ORGANIZATION ASSISTS CHILDREN WHO CANNOT, THROUGH THEIR EXISTING MEANS, OBTAIN THE MEDICAL, FINANCIAL OR POSITIVE GUIDANCE NECESSARY TO LIVE A PRODUCTIVE AND REWARDING LIFE. IN 2024 THE ORGANIZATION MADE GRANTS AND ASSISTANCE TO 8 ORGANIZATIONS.

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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 $8,475

Program Service Revenue $0

Investment Income $0

Other Revenue $88,537

TOTAL REVENUE $97,012

Expense Breakdown

Grants Paid $84,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $84,500

Other Expenses $4,624

TOTAL EXPENSES $89,124

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,012	$79,318	+0.2%
Expenses	$89,124	$78,741	+0.1%
Net Income	$7,888	$577	+12.7%

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
KEITH CARNES	DIRECTOR	N/A	Director	$0	$0	$0
BRION CIMINO	DIRECTOR	N/A	Director	$0	$0	$0
JASON FLOYD	DIRECTOR	N/A	Director	$0	$0	$0
JOHNNY HENION	DIRECTOR	N/A	Director	$0	$0	$0
JUSTIN LOWE	DIRECTOR	N/A	Director	$0	$0	$0
WILL PETTY	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW AMBROSE	SECRETARY	N/A	Officer	$0	$0	$0
JAY ARNOLD	PRESIDENT	N/A	Officer	$0	$0	$0
CASS BREWER	VICE PRESIDE	N/A	Officer	$0	$0	$0
BLAIR HELGREN	TREASURER	N/A	Officer	$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	$97,012	$89,124	$115,313	$7,888
2023	$79,318	$78,741	$107,425	$577
2022	$77,399	$58,936	$165,348	$18,463
2021	$125,438	$111,889	$153,384	$13,549

LONESTAR LEGACY