LIDO CIVIC CLUB CHARITIES INC (EIN 421529400) - 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

2002

Legal Domicile

Principal Officer

JOSEPH LAFONTE

Phone

3015296293

Tax Period

2023-01-01 to 2023-12-31

LIDO CIVIC CLUB CHARITIES INC, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $179K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $198K exceeded revenue, resulting in a 10% operating deficit.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES AND PROVIDES MONETARY ASSISTANCE TO CHARITABLE ORGANIZATIONS IN NEED DUE TO EVENTS OR NATURAL DISASTERS THAT DIRECTLY AFFECT THE LIVES OF PEOPLE WITHIN THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $49,869

Program Service Revenue $0

Investment Income $29,231

Other Revenue $100,204

TOTAL REVENUE $179,304

Expense Breakdown

Grants Paid $177,260

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $177,260

Other Expenses $20,603

TOTAL EXPENSES $197,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$179,304	$258,285	-0.3%
Expenses	$197,863	$165,501	+0.2%
Net Income	$-18,559	$92,784	-1.2%

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

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
JOSEPH BARONE	SECRETARY	1.00	Officer Director	$0	$0	$0
ARTHUR DEL BUONO	TREASURER	1.00	Officer Director	$0	$0	$0
JOSEPH LAFONTE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL MONTANTI	VICE PRESIDE	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
2024	No data	No data	No data	No data
2023	$179,304	$197,863	$1,360,965	$-18,559
2022	$258,285	$165,501	$1,274,556	$92,784
2021	$249,139	$171,741	$1,326,051	$77,398
2020	$167,701	$106,226	$1,161,454	$61,475
2019	$226,101	$93,353	$1,053,512	$132,748
2018	$152,189	$25,578	$859,431	$126,611

LIDO CIVIC CLUB CHARITIES INC