LEONARD & LILLIAN MEMORIAL TRUST F/B/O ASSUMPTION HIGH SCHOOL FOUND (EIN 396636927) - 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

1996

Legal Domicile

Phone

7154236800

Tax Period

2024-01-01 to 2024-12-31

LEONARD & LILLIAN MEMORIAL TRUST F/B/O ASSUMPTION HIGH SCHOOL FOUND, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $102K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 31% operating margin.

Mission

TO PROVIDE FOR THE MAINTENANCE AND SUPPORT OF THE CHARITABLE BENEFICIARY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $101,613

Other Revenue $0

TOTAL REVENUE $101,613

Expense Breakdown

Grants Paid $47,476

Salaries & Benefits $20,767

Fundraising Expenses $0

Program Expenses $47,476

Other Expenses $2,075

TOTAL EXPENSES $70,318

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,613	$68,738	+0.5%
Expenses	$70,318	$70,010	+0.0%
Net Income	$31,295	$-1,272	-25.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	2.00		$20,767	$0	$20,767

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
2025	No data	No data	No data	No data
2024	$101,613	$70,318	$1,239,609	$31,295
2023	$68,738	$70,010	$1,208,314	$-1,272
2022	$41,584	$75,599	$1,209,586	$-34,015
2021	$86,188	$69,254	$1,243,601	$16,934
2020	$102,625	$65,952	$1,226,667	$36,673
2019	$51,915	$64,360	$1,189,994	$-12,445
2018	$66,271	$63,789	$1,202,439	$2,482

LEONARD & LILLIAN MEMORIAL TRUST F/B/O ASSUMPTION HIGH SCHOOL FOUND