Little Light of Mine Inc (EIN 462933262) - 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

2013

Legal Domicile

Principal Officer

Karen Fan

Phone

7187539353

Tax Period

2023-01-01 to 2023-12-31

Little Light of Mine Inc, founded in 2013, is a small nonprofit in the Human Services sector that reported $630K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $611K left a modest 3% surplus.

Mission

The Corporation is organized to provide Asian immigrant communities in New York City with programs to ensure their success in acclimating into mainstream society.

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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 $100,206

Program Service Revenue $529,805

Investment Income $0

Other Revenue $0

TOTAL REVENUE $630,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $297,402

Fundraising Expenses $0

Program Expenses $461,107

Other Expenses $313,622

TOTAL EXPENSES $611,024

Year-over-Year Comparison

	2023	2022	Change
Revenue	$630,011	$428,941	+0.5%
Expenses	$611,024	$534,421	+0.1%
Net Income	$18,987	$-105,480	-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

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

$66,070

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Fan	President	24.00	Officer	$25,000	$0	$25,000
Adam Plascencia	Treasure	40.00	Officer	$41,070	$0	$41,070

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	$630,011	$611,024	$470,574	$18,987
2022	$428,941	$534,421	$447,565	$-105,480
2021	$355,608	$290,746	$675,024	$64,862
2020	$129,879	$171,147	$23,193	$-41,268
2019	$352,856	$459,370	$26,615	$-106,514
2018	$344,906	$313,327	$133,093	$31,579

Little Light of Mine Inc