LINGENFELTER FOUNDATION

EIN: 300003592 501(c)(3) Philanthropy & Grantmaking

BRIGHTON, MI

Total Revenue
$52,215
Total Expenses
$72,047
Total Assets
$468,456
Net Assets
$468,456
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MI
Principal Officer
KENNETH J LINGENFELTER
Phone
2484865342
Tax Period
2024-01-01 to 2024-12-31

LINGENFELTER FOUNDATION, founded in 2001, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $52K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $72K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO ORGANIZE FUNDRAISERS TO BENEFIT VARIOUS CHARITIES THAT MAKE A DIFFERENCE IN PEOPLE'S LIVES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,124
Program Service Revenue $0
Investment Income $6,595
Other Revenue $496
TOTAL REVENUE $52,215

Expense Breakdown

Grants Paid $69,409
Salaries & Benefits $0
Fundraising Expenses $2,573
Program Expenses $69,429
Other Expenses $2,638
TOTAL EXPENSES $72,047

Year-over-Year Comparison

2024 2023 Change
Revenue $52,215 $74,653 -0.3%
Expenses $72,047 $90,583 -0.2%
Net Income $-19,832 $-15,930 +0.2%
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH J LINGENFELTER PRESIDENT; DIRECTOR 0.00
Director
$0 $0 $0
KATHLEEN BANDFIELD SECRETARY; DIRECTOR 0.00
Director
$0 $0 $0
KELI WOODALL TREASURER; DIRECTOR 0.00
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
2024 $52,215 $72,047 $468,456 $-19,832
2023 $74,653 $90,583 $488,288 $-15,930
2022 $39,659 $47,912 $504,218 $-8,253
2021 $22,597 $56,559 $512,471 $-33,962
2020 $10,896 $22,960 $546,433 $-12,064
2019 $44,445 $47,148 $558,497 $-2,703
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