LOCAL CONTEXTS INC (EIN 352774272) - 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

2022

Legal Domicile

Principal Officer

EDWIN OH

Phone

2012561264

Tax Period

2023-01-01 to 2023-12-31

LOCAL CONTEXTS INC, founded in 2022, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $772K, a strong 72% operating margin.

Mission

IN FY23 OUR PRIMARY ACTIVITY WAS SUSTAINABILITY: ESTABISHING THE ORGANIZATION'S OPERATIONAL INFRASTRUCTURE. WE RECRUITED STAFF INCLUDING AN EXECUTIVE DIRECTOR, SET UP PAYROLL AND ACCOUNTING PROCEDURES, DEVELOPED FINANCIAL PROJECTIONS, AND FORMULATED OUR SUBSCRIPTION PROGRAM. WE ALSO ADDED NEW TECHNICAL FEATURES TO THE LOCAL CONTEXTS HUB, HELD WEBINARS AND A WORKSHOP, AND ATTENDED A CONFERENCE TO ENGAGE WITH OUR STAKEHOLDERS AND SUPPORT HUB USERS.

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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 $1,067,698

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,067,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,448

Fundraising Expenses $0

Program Expenses $177,159

Other Expenses $134,731

TOTAL EXPENSES $296,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,067,698	N/A	N/A
Expenses	$296,179	N/A	N/A
Net Income	$771,519	$0	N/A

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

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

$88,460

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES E FRANCIS SR	COUNCILOR CHAIR	2.00	Director	$0	$0	$0
JANE ANDERSON	COUNCILOR VICE CHAIR	2.00	Director	$0	$0	$0
MAUI HUDSON	COUNCILOR	2.00	Director	$0	$0	$0
KIM CHRISTEN	COUNCILOR	2.00	Director	$0	$0	$0
SHARON LEON	COUNCILOR	2.00	Director	$0	$0	$0
HAYDN READ	COUNCILOR	2.00	Director	$0	$0	$0
EDWIN OH NON-VOTING	TREASURER	2.00	Officer	$7,088	$0	$7,088
LAUREL HAAK NON-VOTING	SECRETARY	30.00	Officer	$75,000	$0	$75,000
STEPHANY JOHNSON	EXECUTIVE DIRECTOR	40.00	Officer	$6,372	$0	$6,372

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	$1,067,698	$296,179	$799,005	$771,519

LOCAL CONTEXTS INC