Lockton Cares Inc

EIN: 412113872 501(c)(3) Human Services

Kansas City, MO

Total Revenue
$1,367,117
Total Expenses
$712,119
Total Assets
$922,603
Net Assets
$922,603
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MO
Principal Officer
MARSHALL LOCKTON
Phone
8164824795
Tax Period
2023-01-01 to 2023-12-31

Lockton Cares Inc, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 170% from the prior year, signaling strong growth momentum. The organization ran a surplus of $655K, a strong 48% operating margin.

Mission

Providing assistance to employees of Lockton Cares, Inc. who are experiencing economic hardship due to natural or civil disaster or other adverse events beyond their control.

Program Service Accomplishments

Program 1
Expenses: $709,013

providing assistance to employees of Lockton Companies, Inc. and its affiliates who were suffering economic hardship due to natural or civil disaster, death in the family, unusual medical expenses...

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providing assistance to employees of Lockton Companies, Inc. and its affiliates who were suffering economic hardship due to natural or civil disaster, death in the family, unusual medical expenses from severe illness or accident or other hardship. This assistance included loans and outright grants to employees. Outstanding loans at the beginning of 2023 were $1,079. One new loan for $7,800 was made in 2023. Payments on loans of $1,040 were received in 2023. Outstand- ing loans at the end of 2023 were $7,164. The organization made hardship grants to multiple individuals in 2023. The organization also provided grants to various charities, especially those focused on disaster relief and other efforts to improve communities.

Program 2
Expenses: $163,202

The organization's fundraising events generated $253,885 in revenue. Direct expenses for the Fishing Derby were $143,306. Dream on 3 and Wish Slam events were also begun in 2024. These events...

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The organization's fundraising events generated $253,885 in revenue. Direct expenses for the Fishing Derby were $143,306. Dream on 3 and Wish Slam events were also begun in 2024. These events generated $4,500 and $22,000 in revenue, respectively. Direct expenses for these events were $14,683 and $5,483, respectively. The organization made grants to multiple charitable organizations from the proceeds from these events. The amount of these grants is included in the grants described in Section 4(a).

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,521,592
Program Service Revenue $0
Investment Income $8,727
Other Revenue $-163,202
TOTAL REVENUE $1,367,117

Expense Breakdown

Grants Paid $709,013
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $872,215
Other Expenses $3,106
TOTAL EXPENSES $712,119

Year-over-Year Comparison

2023 2022 Change
Revenue $1,367,117 $507,175 +1.7%
Expenses $712,119 $618,783 +0.2%
Net Income $654,998 $-111,608 -6.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM W HUMPHREY III Director and Secretary N/A
Officer Director
$0 $0 $0
ZACHARY SKINNER Dir and Asst Sec N/A
Officer Director
$0 $0 $0
TROY R COOK Director and Treas N/A
Officer Director
$0 $0 $0
JESSICA CLARK Asst Treas N/A
Officer
$0 $0 $0
MARSHALL LOCKTON Dir and Pres N/A
Director
$0 $0 $0
JULIE GIBSON Director N/A
Director
$0 $0 $0
ERIN MEYER Asst Treas N/A
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 $1,367,117 $712,119 $922,603 $654,998
2022 $507,175 $618,783 $267,605 $-111,608
2021 $148,235 $217,196 $379,213 $-68,961
2020 $802,359 $732,864 $448,173 $69,495
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