LOOKING GLASS TERRACE CORPORATION C/O KMG PRESTIGE INC (EIN 382110760) - 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

1976

Legal Domicile

Principal Officer

PEG LEONARD

Phone

5176681800

Tax Period

2021-01-01 to 2021-12-31

LOOKING GLASS TERRACE CORPORATION C/O KMG PRESTIGE INC, founded in 1976, is a small nonprofit that reported $233K in total revenue in fiscal year 2021. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 52% operating margin.

Mission

TO PROVIDE FEDERALLY SUPPORTED HOUSING TO THE ELDERLY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $233,004

Investment Income $49

Other Revenue $0

TOTAL REVENUE $233,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,979

Fundraising Expenses $0

Program Expenses $111,584

Other Expenses $84,605

TOTAL EXPENSES $111,584

Year-over-Year Comparison

	2021	2020	Change
Revenue	$233,053	$114,335	+1.0%
Expenses	$111,584	$111,767	0.0%
Net Income	$121,469	$2,568	+46.3%

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
JODY FRANK	MEMBER	1.00	Director	$0	$0	$0
MARY CHRISTENSEN	MEMBER	1.00	Director	$0	$0	$0
SHANNON GRAHAM	MEMBER	1.00	Director	$0	$0	$0
DANE NICKOLS	MEMBER	1.00	Director	$0	$0	$0
LORI LEONARD	SECRETARY	1.00	Officer Director	$0	$0	$0
TRACY CLAUS	TREASURER	1.00	Officer Director	$0	$0	$0
CRAIG WARREN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PEG LEONARD	PRESIDENT	1.00	Officer 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
2021	$233,053	$111,584	$341,152	$121,469

LOOKING GLASS TERRACE CORPORATION C/O KMG PRESTIGE INC