The Loss Prevention Foundation

EIN: 205822618 Education

Mooresville, NC

Total Revenue
$3,641,418
Total Expenses
$2,626,287
Total Assets
$2,573,014
Net Assets
$2,237,420
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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
NC
Principal Officer
Caroline Kochmann
Phone
7045422397
Tax Period
2023-01-01 to 2023-12-31

The Loss Prevention Foundation, founded in 2006, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 28% operating margin.

Mission

A non-profit foundation created for the benefit and advancement of the loss prevention community primarily through education

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,510,538
Investment Income $0
Other Revenue $130,880
TOTAL REVENUE $3,641,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,127,158
Fundraising Expenses $317,925
Program Expenses $1,951,096
Other Expenses $1,499,129
TOTAL EXPENSES $2,626,287

Year-over-Year Comparison

2023 2022 Change
Revenue $3,641,418 $2,707,639 +0.3%
Expenses $2,626,287 $2,503,188 +0.0%
Net Income $1,015,131 $204,451 +4.0%
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

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Governance

Voting Members
30
Independent Members
30
Employees
7
Volunteers
150

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
4
$147,478
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stefanie Hoover VP & Chief Editor 40.00
$183,600 $0 $183,600
Caroline Kochmann President 40.00
Officer
$147,478 $0 $147,478
Mathew Schriner Director 40.00
$128,887 $0 $128,887
Paul Mello Diretor 40.00
$125,875 $0 $125,875
Oscar Arango Member 0.50
Director
$0 $0 $0
Jason Coren Member 0.50
Director
$0 $0 $0
James Cosseboom Member 0.50
Director
$0 $0 $0
Scott Draher Member 0.50
Director
$0 $0 $0
Leo Anguiano Member 0.50
Director
$0 $0 $0
Karen Edwards Member 0.50
Director
$0 $0 $0
Alisa Dart Member 0.50
Director
$0 $0 $0
Scott Glenn Treasurer 1.50
Officer Director
$0 $0 $0
Paul Jaeckle Member 0.50
Director
$0 $0 $0
Paul Jones Vice Chairman 1.50
Officer Director
$0 $0 $0
Cita Doyle Member 0.50
Director
$0 $0 $0
Lisa LaBruno Member 0.50
Director
$0 $0 $0
Robert Lacommare Member 0.50
Director
$0 $0 $0
Nadine Lajeune Member 0.50
Director
$0 $0 $0
Mike Lamb Member 0.50
Director
$0 $0 $0
Jim Lee Member 0.50
Director
$0 $0 $0
Mike Limauro Member 0.50
Director
$0 $0 $0
David Lund Member 0.50
Director
$0 $0 $0
Allan Watters Member 0.50
Director
$0 $0 $0
Kevin McMenimen Member 0.50
Director
$0 $0 $0
Joe Metro Member 0.50
Director
$0 $0 $0
Christyn Keef Member 0.50
Director
$0 $0 $0
Rick Peck Member 0.50
Director
$0 $0 $0
Ken Peschier Member 0.50
Director
$0 $0 $0
Meredith Plaxco Member 0.50
Director
$0 $0 $0
Sue Read Member 0.50
Director
$0 $0 $0
Ned McCauley Member 0.50
Director
$0 $0 $0
Tina Sellers Member 0.50
Director
$0 $0 $0
Kris Vece Member 0.50
Director
$0 $0 $0
Mark Stinde Chairman 1.50
Officer 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 $3,641,418 $2,626,287 $2,573,014 $1,015,131
2022 $2,707,639 $2,503,188 $1,731,609 $204,451
2021 $1,400,701 $880,180 $1,382,949 $520,521
2020 $1,007,373 $780,156 $932,064 $227,217
2019 $1,080,011 $720,487 $581,236 $359,524
2018 $880,056 $678,915 $339,183 $201,141
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