William O Lockridge Community Foundation (EIN 274713500) - 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

2011

Legal Domicile

Principal Officer

Wanda Lockridge

Phone

2023206063

Tax Period

2024-01-01 to 2024-12-31

William O Lockridge Community Foundation, founded in 2011, is a small nonprofit in the Education sector that reported $171K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $73K, a strong 43% operating margin.

Mission

The William O. Lockridge Community Foundation (WOLCF), founded in 2011, is a non profit organization located in Southeast Washington, D.C. The WOLCF promotes access to higher education to students in Wards 7 and 8 by offering scholarships, emergency financial assistance to college and international travel

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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 $0

Program Service Revenue $170,616

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,616

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,223

Other Expenses $97,223

TOTAL EXPENSES $97,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,616	$106,288	+0.6%
Expenses	$97,223	$50,658	+0.9%
Net Income	$73,393	$55,630	+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

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
Wanda Lockridge	Founder/Chairwoman	15.00	Officer Director	$0	$0	$0
Stefan Lockridge	Director	5.00	Director	$0	$0	$0
Linval Crosdale	Treasurer	5.00	Director	$0	$0	$0
Austin Cooper	Director	5.00	Director	$0	$0	$0
Yvette Alexander	Director	5.00	Director	$0	$0	$0
Tiffany Brown	Director	5.00	Director	$0	$0	$0
Angela Chester-Johnson	Director	5.00	Director	$0	$0	$0
Farid Adewale	Director	5.00	Director	$0	$0	$0
Tori Hawkins-Plummer	Director	5.00	Director	$0	$0	$0
Jaren Hill Lockridge	Director	5.00	Director	$0	$0	$0
Jacque Patterson	Director	5.00	Director	$0	$0	$0
Tatiana Robinson	Director	5.00	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
2025	No data	No data	No data	No data
2024	$170,616	$97,223	$474,227	$73,393
2023	$106,288	$50,658	$400,834	$55,630
2022	$169,519	$83,303	$483,814	$86,216
2021	$119,034	$35,485	$273,235	$83,549

William O Lockridge Community Foundation