L C INDUSTRIES FOUNDATION (EIN 455200306) - 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

2012

Legal Domicile

Phone

9195968277

Tax Period

2024-07-01 to 2025-06-30

L C INDUSTRIES FOUNDATION, founded in 2012, is a mid-sized nonprofit in the Human Services sector that reported $10.8M in total revenue in fiscal year 2024. Revenue surged 463% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 84% operating margin.

Mission

TO IMPROVE THE LIVES AND WELL BEING OF PERSONS WHO ARE BLIND, AND TO OFFER SUCH PERSONS OPPORTUNITIES FOR EDUCATION, TRAINING AND JOB RELATED SKILLS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,750,000

Program Service Revenue $0

Investment Income $8,091,089

Other Revenue $0

TOTAL REVENUE $10,841,089

Expense Breakdown

Grants Paid $1,400,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,412,529

Other Expenses $281,371

TOTAL EXPENSES $1,681,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,841,089	$1,925,410	+4.6%
Expenses	$1,681,371	$1,601,907	+0.0%
Net Income	$9,159,718	$323,503	+27.3%

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

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

$485,556

Total Directors

$1,674,410

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Janes	Secretary	5.0	Officer Director	$0	$0	$0
William Hudson	President	5.0	Officer Director	$0	$0	$485,556
Patrick Lindsey	Board Member	5.0	Director	$0	$21,287	$1,188,854

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
2025	$10,841,089	$1,681,371	$81,357,889	$9,159,718
2024	$1,925,410	$1,601,907	$73,147,325	$323,503
2023	$3,029,940	$2,307,535	$68,313,434	$722,405
2022	$851,710	$1,356,449	$64,591,160	$-504,739
2021	$7,494,768	$2,253,302	$70,225,807	$5,241,466
2020	$6,759,120	$2,466,217	$63,133,395	$4,292,903
2019	$4,167,814	$2,296,745	$56,582,480	$1,871,069
2018	$4,740,004	$4,633,389	$54,705,907	$106,615

L C INDUSTRIES FOUNDATION