LEON H SULLIVAN CHARITABLE TRUST (EIN 236424419) - 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

1968

Legal Domicile

Principal Officer

MABLE WELBORN

Phone

2156843400

Tax Period

2023-01-01 to 2023-12-31

LEON H SULLIVAN CHARITABLE TRUST, founded in 1968, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $464K, a strong 33% operating margin.

Mission

PROMOTE AND SUPPORT URBAN ECONOMIC DEVELOPMENT, SELF-HELP, & ECONOMIC ENPOWERMENT OF COMMUNITY-BASED 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 (2023)

Revenue Breakdown

Contributions & Grants $107,481

Program Service Revenue $855,690

Investment Income $12,262

Other Revenue $440,947

TOTAL REVENUE $1,416,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $171,785

Fundraising Expenses $0

Program Expenses $763,418

Other Expenses $780,403

TOTAL EXPENSES $952,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,416,380	$1,991,122	-0.3%
Expenses	$952,188	$1,008,026	-0.1%
Net Income	$464,192	$983,096	-0.5%

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

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
MABLE WELBORN	BOARD CHAIR	17.50	Officer Director	$0	$0	$0
BARBARA ANN MOORE	VICE CHAIR	3.50	Officer Director	$0	$0	$0
LINDA L HOUSE CPA	TREASURER	5.00	Officer Director	$0	$0	$0
DEBORAH GARY	SECRETARY	3.00	Officer Director	$0	$0	$0
DARYL DEBREST	TRUESTEE	1.00	Director	$0	$0	$0
GEMELA N MCCLENDON ESQ	TRUSTEE	1.00	Director	$0	$0	$0
JULIUS S SHARPE JR	TRUSTEE	1.00	Director	$0	$0	$0
HOWARD H SULLIVAN	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	$1,416,380	$952,188	$4,821,885	$464,192
2022	$1,991,122	$1,008,026	$4,272,444	$983,096
2021	$1,180,695	$924,217	$2,598,416	$256,478
2020	$1,235,042	$734,196	$2,119,068	$500,846
2019	$1,136,782	$803,908	$1,614,461	$332,874
2018	$1,087,778	$868,004	$1,297,250	$219,774

LEON H SULLIVAN CHARITABLE TRUST