LILAC SERVICES FOR THE BLIND (EIN 237121726) - 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

1971

Legal Domicile

Principal Officer

Cheryl L Martin

Phone

5093289116

Tax Period

2024-01-01 to 2024-12-31

LILAC SERVICES FOR THE BLIND, founded in 1971, is a small nonprofit in the Diseases & Disorders sector that reported $397K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $444K exceeded revenue, resulting in a 12% operating deficit.

Mission

The mission of Lilac Services for the Blind is to provide blind and partially sighted persons with the training and adaptive aid devices allowing such persons to live satisfying lives by restoring, maintaining, or increasing their independence

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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 $370,666

Program Service Revenue $0

Investment Income $19,978

Other Revenue $6,100

TOTAL REVENUE $396,744

Expense Breakdown

Grants Paid $51,197

Salaries & Benefits $242,235

Fundraising Expenses $12,804

Program Expenses $352,743

Other Expenses $146,077

TOTAL EXPENSES $443,559

Year-over-Year Comparison

	2024	2023	Change
Revenue	$396,744	$419,386	-0.1%
Expenses	$443,559	$404,224	+0.1%
Net Income	$-46,815	$15,162	-4.1%

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

Volunteers

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
Michael Cunningham MD	Director	1	Director	$0	$0	$0
Stephen Evitt	director	1	Director	$0	$0	$0
Jack Lucas	director	1	Director	$0	$0	$0
Deborah Wolfer	Retired	1	Director	$0	$0	$0
Michael Troy	Director	1	Director	$0	$0	$0
Rick Barnard	Secretary	1	Officer	$0	$0	$0
Eddie Eugenio	Vice President	1	Officer	$0	$0	$0
Julie Meyers Lehman	President	1	Officer	$0	$0	$0
Dwayne Harney	Treasurer	1	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	$396,744	$443,559	$1,773,906	$-46,815
2023	$419,386	$404,224	$1,750,053	$15,162
2022	$333,906	$371,495	$1,641,456	$-37,589
2021	$386,332	$407,031	$1,939,218	$-20,699
2020	$615,187	$398,635	$1,645,016	$216,552

LILAC SERVICES FOR THE BLIND