TLQ INC (EIN 203354645) - 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

2010

Legal Domicile

Phone

7702942484

Tax Period

2025-01-01 to 2025-12-31

TLQ INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $329K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $316K left a modest 4% surplus.

Mission

Answer the Call of God through Music

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $332,710

Investment Income $0

Other Revenue $-3,352

TOTAL REVENUE $329,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $315,838

Other Expenses $315,838

TOTAL EXPENSES $315,838

Year-over-Year Comparison

	2025	2024	Change
Revenue	$329,358	$275,976	+0.2%
Expenses	$315,838	$114,870	+1.7%
Net Income	$13,520	$161,106	-0.9%

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

N/A

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
Mike LeFevre	President	40.00	Officer	$0	$0	$0
Jordan M LeFevre	Secy	40.00	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
2025	$329,358	$315,838	$82,260	$13,520
2024	$225,246	$143,180	$222,699	$82,066
2023	$86,307	$138,866	$276,112	$-52,559
2022	$325,412	$326,989	$236,298	$-1,577
2021	$446,017	$402,365	$237,875	$43,652
2020	$379,938	$340,349	$194,223	$39,589
2019	$371,363	$243,449	$54,838	$127,914
2018	$401,231	$406,842	$36,485	$-5,611

TLQ INC