ELIZABETH COLT LEGACY FOUNDATION (EIN 260363160) - 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

2007

Legal Domicile

Principal Officer

Jan Quick

Phone

9707122501

Tax Period

2024-01-01 to 2024-12-31

ELIZABETH COLT LEGACY FOUNDATION, founded in 2007, is a micro nonprofit in the Public Safety sector that reported $29K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $34K exceeded revenue, resulting in a 19% operating deficit.

Mission

To support causes & organizations which promote & encourage youth to participate in firearms training & safety, the awareness of historical significance of firearms in the development of our country & their heritage to continue this tradition, and to participate in youth firearms associations/clubs.

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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 $6,386

Program Service Revenue $0

Investment Income $6,107

Other Revenue $16,065

TOTAL REVENUE $28,558

Expense Breakdown

Grants Paid $33,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,078

Other Expenses $1,106

TOTAL EXPENSES $34,106

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,558	$18,586	+0.5%
Expenses	$34,106	$20,804	+0.6%
Net Income	$-5,548	$-2,218	+1.5%

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

N/A

Employees

N/A

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
Craig Blancett	Director	1.00	Director	$0	$0	$0
Paul Maxwell	Director	1.00	Director	$0	$0	$0
Gudrun Blancett	Director	1.00	Director	$0	$0	$0
Joe Canali	Director	1.00	Director	$0	$0	$0
Jan Quick	President	1.00	Officer	$0	$0	$0
Karen Green	Secretary	1.00	Officer	$0	$0	$0
Beverly Haynes	Vice President	1.00	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	No data	No data	No data	No data
2024	$28,558	$34,106	$112,216	$-5,548
2023	$18,586	$20,804	$90,169	$-2,218
2022	$7,915	$21,757	$81,201	$-13,842
2021	$19,666	$24,827	$90,440	$-5,161
2020	$-129	$23,233	$95,602	$-23,362
2019	$16,190	$21,434	$118,963	$-5,244
2018	$17,483	$11,434	$124,207	$6,049

ELIZABETH COLT LEGACY FOUNDATION