The Ingram Lee Foundation (EIN 461135347) - 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

Principal Officer

Trent Kelley

Phone

7134168920

Tax Period

2024-01-01 to 2024-12-31

The Ingram Lee Foundation, founded in 2012, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 66% operating margin.

Mission

THE INGRAM FOUNDATION WAS ESTABLISHED TO AID AND IMPROVE THE LIVES OF MOTIVATED ECONOMICALLY DISADVANTAGED INDIVIDUALS BY PROVIDING ASSISTANCE TO FACILITATE THEIR PROGRESS TO HIGHER EDUCATION FOR THE PURPOSE OF DEVELOPING LIFE 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 $63,122

Program Service Revenue $0

Investment Income $160,082

Other Revenue $0

TOTAL REVENUE $223,204

Expense Breakdown

Grants Paid $45,439

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,439

Other Expenses $30,262

TOTAL EXPENSES $75,701

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,204	$123,167	+0.8%
Expenses	$75,701	$273,132	-0.7%
Net Income	$147,503	$-149,965	-2.0%

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
Patricia T Lee	Chairperson	0.00	Officer Director	$0	$0	$0
Trent Kelley	President	3.00	Officer Director	$0	$0	$0
David Loane	Vice President	3.00	Officer Director	$0	$0	$0
Penny Loane	Secretary-Treas	3.00	Officer Director	$0	$0	$0
Dennis Murphy	Board Member	2.00	Director	$0	$0	$0
Mark Bourgeois	Board Member	2.00	Director	$0	$0	$0
Victor Brossette	Chairperson	0.00	Director	$0	$0	$0
Phyllis Brossette	Chairperson	0.00	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	$223,204	$75,701	$1,977,224	$147,503
2023	$123,167	$273,132	$1,829,756	$-149,965
2022	$730,948	$636,476	$1,819,433	$94,472
2021	$604,905	$379,751	$1,724,961	$225,154
2020	$471,505	$489,003	$1,499,807	$-17,498
2019	$572,892	$416,400	$1,517,305	$156,492
2018	$755,454	$449,722	$1,360,813	$305,732

The Ingram Lee Foundation