COMMUNITY OF LANCASTER EDUCATION GROUP (EIN 411996178) - 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

2001

Legal Domicile

Principal Officer

Shelly Westerberg

Phone

2188431265

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY OF LANCASTER EDUCATION GROUP, founded in 2001, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $31K, a strong 35% operating margin.

Mission

To raise funds through contributions and investments for the singular purpose of providing reimbursement of post secondary tuition expenses of graduates of Lancaster High School (Minnesota Independent School District #356)

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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 $21,880

Program Service Revenue $0

Investment Income $64,784

Other Revenue $0

TOTAL REVENUE $86,664

Expense Breakdown

Grants Paid $55,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,019

Other Expenses $519

TOTAL EXPENSES $56,019

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,664	$97,499	-0.1%
Expenses	$56,019	$61,371	-0.1%
Net Income	$30,645	$36,128	-0.2%

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
Shelly Westerberg	Treasurer	1	Officer	$0	$0	$0
Debbie Groves	Secretary	1	Officer	$0	$0	$0
Crystal Peterson	Vice President	1	Officer	$0	$0	$0
Diane Rice	President	1	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	$86,664	$56,019	$1,280,898	$30,645
2023	$97,499	$61,371	$1,121,748	$36,128
2022	$103,705	$51,236	$1,033,487	$52,469
2021	$99,375	$35,743	$1,235,019	$63,632
2020	$83,240	$27,758	$976,342	$55,482

COMMUNITY OF LANCASTER EDUCATION GROUP