THE LINDELL FOUNDATION INC

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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

2012

Legal Domicile

Principal Officer

MICHAEL J LINDELL

Phone

9528268601

Tax Period

2021-01-01 to 2021-12-31

THE LINDELL FOUNDATION INC, founded in 2012, is a micro nonprofit that reported $18K in total revenue in fiscal year 2021. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $18K left a modest 4% surplus.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, MORE SPECIFICALLY TO ASSIST PERSONS WHO ARE HOMELESS, POOR, VETERANS, ADDICTS, ETC. THE CORPORATION SHALL AT ALL TIMES BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE OF 1986, AS NOW ENACTED OR HEREAFTER AMENDED (THE "CODE"), AND THE CORPORATION SHALL ENGAGE IN SUCH ACTS WHICH MAY BE NECESSARY, INCIDENTAL, OR DESIRABLE IN THE ACCOMPLISHMENT OF THE FOREGOING PURPOSES ALL ASSETS AND FUNDS OF THE CORPORATION, WHETHER INCOME OR PRINCIPAL ASSETS OF THE CORPORATION, AND WHETHER ACQUIRED BY GIFT OR CONTRIBUTION OR OTHERWISE, SHALL BE DEVOTED TO SAID PURPOSES.

Program Service Accomplishments

Program 1

Expenses: $10,606

WORK WITH ORGANIZATIONS WHO SHARE A SIMILAR MISSION AND GOALS WHICH IS HELPING PEOPLE WHO ARE HOMELESS, POOR, VETERANS, ADDICTS ETC. LINDELL FOUNDATION SUPPORTS THE ECONOMICALLY DISADVANTAGED WITH...

WORK WITH ORGANIZATIONS WHO SHARE A SIMILAR MISSION AND GOALS WHICH IS HELPING PEOPLE WHO ARE HOMELESS, POOR, VETERANS, ADDICTS ETC. LINDELL FOUNDATION SUPPORTS THE ECONOMICALLY DISADVANTAGED WITH ITS DONATIONS TO DETROIT BLIGHT BUSTERS, A 501(C)3 THAT STABILIZES, REVITALIZES, AND REBUILDS DETROIT NEIGHBORHOODS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $18,241

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $18,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,606

Other Expenses $17,512

TOTAL EXPENSES $17,512

Year-over-Year Comparison

	2021	2020	Change
Revenue	$18,241	$38,883	-0.5%
Expenses	$17,512	$39,732	-0.6%
Net Income	$729	$-849	-1.9%

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
SARAH CRONIN	EXECUTIVE DIRECTOR	1.50	Director	$0	$0	$0
DOUG WARDLOW	RECORDING SECRETARY	1.50	Officer Director	$0	$0	$0
MICHAEL LINDELL	PRESIDENT	1.50	Officer Director	$0	$0	$0
JERRY JOHNSON	DIRECTOR	1.50	Officer Director	$0	$0	$0
LARRY ROSS	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
PAUL LAVELLE	TREASURER	1.50	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
2021	$18,241	$17,512	$18,246	$729
2020	$38,883	$39,732	$18,441	$-849
2019	$171,152	$189,726	$20,303	$-18,574
2018	$497,801	$476,342	$38,878	$21,459