THE LINGAP CHILDREN'S FOUNDATION (EIN 300312368) - 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

2005

Legal Domicile

Principal Officer

JOHN F DRAKE

Phone

5175299702

Tax Period

2023-01-01 to 2023-12-31

THE LINGAP CHILDREN'S FOUNDATION, founded in 2005, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $946K, a strong 64% operating margin.

Mission

RECEIVE/ADMINISTER FUNDING FOR THE BENEFIT OF LINGAP CENTER FOR NEGLECTED, ABUSED, EXPLOITED, OR ABANDONED YOUTH IN THE PHILIPPINES.

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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 $1,265,089

Program Service Revenue $0

Investment Income $204,790

Other Revenue $0

TOTAL REVENUE $1,469,879

Expense Breakdown

Grants Paid $433,799

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $454,204

Other Expenses $90,451

TOTAL EXPENSES $524,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,469,879	$1,572,804	-0.1%
Expenses	$524,250	$473,224	+0.1%
Net Income	$945,629	$1,099,580	-0.1%

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
JOHN F DRAKE	PRESIDENT	35.00	Officer Director	$0	$0	$0
DAVE RICHMOND	TREASURER	1.00	Officer Director	$0	$0	$0
JOSEPH WALSH	SECRETARY	1.00	Officer Director	$0	$0	$0
JAY BRUNETTE	DIRECTOR	1.00	Director	$0	$0	$0
RICK HIGDON	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BORQUE	DIRECTOR	1.00	Director	$0	$0	$0
GEOFF ROSE	DIRECTOR	1.00	Director	$0	$0	$0
JANIE WALSH	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,469,879	$524,250	$9,016,570	$945,629
2022	$1,572,804	$473,224	$6,568,897	$1,099,580
2021	$1,610,797	$476,380	$7,560,806	$1,134,417
2020	$1,414,098	$424,224	$6,377,032	$989,874
2019	$983,150	$471,404	$5,512,017	$511,746
2018	$1,876,052	$643,066	$3,869,891	$1,232,986

THE LINGAP CHILDREN'S FOUNDATION