LASERS INC (EIN 270952558) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

ALLEN SIMPSON

Phone

4026170571

Tax Period

2023-01-01 to 2023-12-31

LASERS INC, founded in 2009, is a small nonprofit in the Recreation & Sports sector that reported $311K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $266K left a modest 14% surplus.

Mission

TO PROMOTE AND TEACH AMATEUR BASKETBALL FOR FEMALE YOUTH IN LINCOLN, NEBRASKA AND THE SURROUNDING AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $627

Program Service Revenue $276,778

Investment Income $2,109

Other Revenue $30,997

TOTAL REVENUE $310,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $266,092

Other Expenses $266,092

TOTAL EXPENSES $266,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$310,511	$277,242	+0.1%
Expenses	$266,092	$269,724	0.0%
Net Income	$44,419	$7,518	+4.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$8,250

Total Directors

$8,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN SIMPSON	PRESIDENT	5.00	Officer Director	$8,250	$0	$8,250
DOUG SIMON	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
TONYA SIMPSON	SECRETARY	0.50	Officer Director	$0	$0	$0
ANNETTE HELMAN	TREASURER	1.00	Officer Director	$0	$0	$0
DAVE BROKAW	BOARD MEMBER	0.50	Director	$0	$0	$0
TOM NOTTLEMANN	BOARD MEMBER	0.50	Director	$0	$0	$0
BRENDA SEBEK	BOARD MEMBER	0.50	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	$310,511	$266,092	$209,583	$44,419
2022	$277,242	$269,724	$165,164	$7,518

LASERS INC