LGS Foundation Inc (EIN 262051377) - 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

2008

Legal Domicile

Principal Officer

Tracy Dixon-Salazar PHD

Tax Period

2023-01-01 to 2023-12-31

LGS Foundation Inc, founded in 2008, is a community nonprofit in the Diseases & Disorders sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 17% operating deficit.

Mission

The Lennox-Gastaut Syndrome (LGS) Foundation is a nonprofit organization dedicated to improving the lives of individuals impacted by LGS through advancing research, awareness, education, and family support.

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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 $1,023,273

Program Service Revenue $32,846

Investment Income $14,542

Other Revenue $0

TOTAL REVENUE $1,070,661

Expense Breakdown

Grants Paid $125,951

Salaries & Benefits $644,560

Fundraising Expenses $60,677

Program Expenses $1,078,550

Other Expenses $482,773

TOTAL EXPENSES $1,253,284

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,070,661	$1,363,205	-0.2%
Expenses	$1,253,284	$1,379,227	-0.1%
Net Income	$-182,623	$-16,022	+10.4%

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

125

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

$133,025

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tracy Dixon-Salazar PHD	Executive Director	60.00	Officer	$133,025	$0	$133,025
Brittany Brown	Member	1.00	Director	$0	$0	$0
Dale Todd	Member	1.00	Director	$0	$0	$0
Fred Roedl	Member	1.00	Director	$0	$0	$0
Melanie Huntley	Member	2.00	Director	$0	$0	$0
Karen Groff MED	Vice President	8.00	Officer Director	$0	$0	$0
Natalie Gilmore	President	10.00	Officer Director	$0	$0	$0
Christopher Mitchell JD	Secretary	2.00	Officer Director	$0	$0	$0
Kevin Merritt CFA	Treasurer	2.00	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	$1,070,661	$1,253,284	$1,281,404	$-182,623
2022	$1,363,205	$1,379,227	$1,598,197	$-16,022
2021	$785,563	$723,112	$1,489,428	$62,451
2020	$1,165,055	$382,339	$1,393,791	$782,716
2019	$774,334	$663,108	$623,167	$111,226
2018	$424,900	$282,060	$620,048	$142,840

LGS Foundation Inc