Lot 2540 Incorporated

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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

2011

Legal Domicile

Principal Officer

Martin Roberts

Phone

3363126971

Tax Period

2023-01-01 to 2023-12-31

Lot 2540 Incorporated, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $378K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

To serve the Lord's Church by providing food, shelter, education, and occupational training for those in need in Rockingham County, North Carolina and beyond as the Lord so leads.

Program Service Accomplishments

Program 1

Expenses: $355,414 Revenue: $155,388

To serve the Lord's Church by providing food, shelter, education, and occupational training for those in need in Rockingham County, North Carolina and beyond as the Lord so leads.

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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 $179,003

Program Service Revenue $155,388

Investment Income $6

Other Revenue $44,051

TOTAL REVENUE $378,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $242,831

Fundraising Expenses $0

Program Expenses $355,414

Other Expenses $131,495

TOTAL EXPENSES $374,326

Year-over-Year Comparison

	2023	2022	Change
Revenue	$378,448	$340,521	+0.1%
Expenses	$374,326	$322,039	+0.2%
Net Income	$4,122	$18,482	-0.8%

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

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

$67,287

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Martin Roberts	Executive Dir.	40.00	Officer	$67,287	$0	$67,287
Patricia Settle	Director	1.00	Director	$0	$0	$0
Craig Barnes	Director	1.00	Director	$0	$0	$0
Leanna Lawson	Director	1.00	Director	$0	$0	$0
David Gullotti	Director	1.00	Director	$0	$0	$0
Stephen Hinton	President	1.00	Officer Director	$0	$0	$0
James Roberts	Secretary	1.00	Officer Director	$0	$0	$0
Brett Koceja	Treasurer	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	$378,448	$374,326	$173,124	$4,122
2022	$340,521	$322,039	$166,872	$18,482
2021	$329,665	$298,735	$153,388	$30,930
2020	$285,490	$286,871	$103,836	$-1,381
2019	$237,926	$221,138	$101,718	$16,788
2018	$224,410	$197,606	$85,434	$26,804