THE LOCALS INC (EIN 463247264) - 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

2014

Legal Domicile

Principal Officer

BRAD GLYNN

Tax Period

2023-01-01 to 2023-12-31

THE LOCALS INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $179K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Organize and operate a local community event to raise funds to benefit the community.

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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 $91,202

Program Service Revenue $36,481

Investment Income $0

Other Revenue $51,480

TOTAL REVENUE $179,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,963

Fundraising Expenses $0

Program Expenses $169,983

Other Expenses $152,822

TOTAL EXPENSES $179,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$179,163	$151,755	+0.2%
Expenses	$179,785	$140,228	+0.3%
Net Income	$-622	$11,527	-1.1%

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

100

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

$20,000

Total Directors

$5,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH MOSLEMI	DIRECTOR	1.00	Director	$5,000	$0	$5,000
SAM ZIEMER	SECRETARY	1.00	Officer	$5,000	$0	$5,000
JOSH ERNST	VICE PRESIDENT	1.00	Officer	$5,000	$0	$5,000
BRAD GLYNN	PRESIDENT	1.00	Officer	$5,000	$0	$5,000
PAUL CREAGER	VICE PRESIDENT	1.00	Officer	$5,000	$0	$5,000
CHRIS FOSTER	DIRECTOR	1.00	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
2023	$179,163	$179,785	$29,637	$-622

THE LOCALS INC