LOTUS LANE FOUNDATION C/O TREY DENMAN (EIN 270077686) - 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

1973

Legal Domicile

Principal Officer

JOE CARTER DENMAN III

Phone

9366342529

Tax Period

2020-01-01 to 2020-12-31

LOTUS LANE FOUNDATION C/O TREY DENMAN, founded in 1973, is a micro nonprofit in the Housing & Shelter sector that reported $48 in total revenue in fiscal year 2020. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $275 exceeded revenue, resulting in a 473% operating deficit.

Mission

PROVIDED SAFE, CLEAN, LOW INCOME HOUSING TO THE RESIDENTS OF ANGELINA COUNTY, TEXAS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $48

Other Revenue $0

TOTAL REVENUE $48

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $275

TOTAL EXPENSES $275

Year-over-Year Comparison

	2020	2019	Change
Revenue	$48	$177	-0.7%
Expenses	$275	$350	-0.2%
Net Income	$-227	$-173	+0.3%

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

N/A

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
BONNIE DENMAN	DIRECTOR	1.00	Director	$0	$0	$0
JERRY HUFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
TERRY MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
BILL RICKS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES RIGGS	DIRECTOR	1.00	Director	$0	$0	$0
GALE WASSON	DIRECTOR	1.00	Director	$0	$0	$0
JOE CARTER DENMAN III	CHAIRMAN	1.00	Officer	$0	$0	$0
THOMAS MOORE	SECRETARY	1.00	Officer	$0	$0	$0
RAY SCOTT	TREASURER	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
2020	$48	$275	$30,669	$-227
2019	$177	$350	$30,896	$-173
2018	$4,822	$900,850	$31,069	$-896,028

LOTUS LANE FOUNDATION C/O TREY DENMAN