Learning and Technology Center For Childhood Deafness and Visions Disorders (EIN 470841263) - 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

2002

Legal Domicile

Principal Officer

Judy F Rasmussen

Phone

5313553131

Tax Period

2023-01-01 to 2023-12-31

Learning and Technology Center For Childhood Deafness and Visions Disorders, founded in 2002, is a small nonprofit that reported $677K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $4.9M exceeded revenue, resulting in a 625% operating deficit.

Mission

Support of Boys Town National Research Hospital, a department of Father Flanagans Boys Home, a 501c3 organization.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $676,763

TOTAL REVENUE $676,763

Expense Breakdown

Grants Paid $2,954,034

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,786,470

Other Expenses $1,952,473

TOTAL EXPENSES $4,906,507

Year-over-Year Comparison

	2023	2022	Change
Revenue	$676,763	$840,708	-0.2%
Expenses	$4,906,507	$1,047,227	+3.7%
Net Income	$-4,229,744	$-206,519	+19.5%

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

N/A

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

$958,388

Total Directors

$958,388

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Judy F Rasmussen	Secretary	001.00	Officer Director	$0	$36,583	$424,647
Anna McCaslin	Treasurer	001.00	Officer Director	$0	$53,019	$331,789
James Beckman	Chair	001.00	Officer Director	$0	$32,011	$201,952
Leigh Jean Koinzan	Treasurer - Through March 2023	001.00	Director	$0	$0	$0
Edward M Kolb	Chair - Through March 2023	001.00	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	$676,763	$4,906,507	No data	$-4,229,744
2022	$840,708	$1,047,227	$4,248,865	$-206,519
2021	$840,708	$1,023,788	$4,453,434	$-183,080
2021	$840,708	$1,023,788	$4,453,434	$-183,080
2020	$840,708	$999,850	$4,634,244	$-159,142
2020	$840,708	$999,850	$4,634,244	$-159,142
2019	$900,833	$969,072	$4,786,906	$-68,239
2018	$840,707	$945,997	$4,930,121	$-105,290

Learning and Technology Center For Childhood Deafness and Visions Disorders