LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC (EIN 412251298) - 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

2007

Legal Domicile

Principal Officer

BOB MELVIN

Phone

8006716079

Tax Period

2018-11-01 to 2019-10-31

LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC, founded in 2007, is a micro nonprofit in the Education sector that reported $84K in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $104K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO ORGANIZE AND FACILITATE EDUCATIONAL CONFERENCES AND NETWORKING FORUMS IN THE INTEREST OF PROMOTING GREATER EFFICIENCY AND PROGRESS IN ENGINEERING, PRODUCT AND SERVICES DEVELOPMENT, MANUFACTURING, EDUCATION, HEALTHCARE, AND OTHER AREAS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $83,773

Investment Income $0

Other Revenue $0

TOTAL REVENUE $83,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,001

Other Expenses $104,420

TOTAL EXPENSES $104,420

Year-over-Year Comparison

	2018	2017	Change
Revenue	$83,773	$110,977	-0.2%
Expenses	$104,420	$72,287	+0.4%
Net Income	$-20,647	$38,690	-1.5%

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

N/A

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
PETER PALMER	BOARD MEMBER	N/A	Director	$0	$0	$0
SUZANNE VAN EGMOND	BOARD MEMBER	N/A	Director	$0	$0	$0
GORAN GUSTAFSSON	BAORD MEMBER	N/A	Director	$0	$0	$0
DUWARD SOBEK	BOARD MEMBER	N/A	Director	$0	$0	$0
SANNAH VINDING	BOARD MEMBER	N/A	Director	$0	$0	$0
DANTAR OOSTERWAL	BOARD MEMBER	N/A	Director	$0	$0	$0
NORBERT MAJERUS	BOARD MEMBER	N/A	Director	$0	$0	$0
TERENCE BARNHART	BOARD MEMBER	N/A	Director	$0	$0	$0
BOB MELVIN	TREASURER	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
2019	$83,773	$104,420	$60,759	$-20,647
2018	$110,977	$72,287	$81,406	$38,690

LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC