L BRANDS FOUNDATION (EIN 311387703) - 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

1993

Legal Domicile

Principal Officer

SCOTT G HEITKAMP

Phone

6142514000

Tax Period

2023-01-01 to 2023-12-31

L BRANDS FOUNDATION, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $108K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $10.1M exceeded revenue, resulting in a 9314% operating deficit.

Mission

THE PURPOSE IS TO SUPPORT CHARITABLE ORGANIZATIONS FOR WOMEN, CHILDREN AND EDUCATION.

🔒

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 $0

Program Service Revenue $0

Investment Income $107,607

Other Revenue $0

TOTAL REVENUE $107,607

Expense Breakdown

Grants Paid $9,976,871

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,976,871

Other Expenses $153,000

TOTAL EXPENSES $10,129,871

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,607	$134,670	-0.2%
Expenses	$10,129,871	$905,640	+10.2%
Net Income	$-10,022,264	$-770,970	+12.0%

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

$1,048,581

Total Directors

$1,048,581

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY J FABER	CHAIR/TRUSTEE	1.00	Officer Director	$0	$0	$0
DOUGLAS F KRIDLER	SECRETARY/VICE CHAIR/TRUST	0.50	Officer Director	$0	$105,945	$680,084
SCOTT G HEITKAMP	TREASURER/TRUSTEE	0.50	Officer Director	$0	$63,469	$368,497
RONAK P FIELDS	PRESIDENT	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
2024	No data	No data	No data	No data
2023	$107,607	$10,129,871	No data	$-10,022,264
2022	$134,670	$905,640	$10,022,264	$-770,970
2021	$42,020,639	$34,924,973	$10,808,234	$7,095,666
2020	$8,043,679	$7,690,579	$3,717,568	$353,100
2019	$10,176,274	$10,751,224	$4,029,637	$-574,950
2018	$6,845,926	$12,323,975	$7,167,397	$-5,478,049

L BRANDS FOUNDATION