THE DR LANSE T FOX MEMORIAL ORGANIZATION (EIN 471421061) - 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

KEITH W FRANKLIN

Phone

8308795073

Tax Period

2023-01-01 to 2023-12-31

THE DR LANSE T FOX MEMORIAL ORGANIZATION, founded in 2014, is a small nonprofit in the Education sector that reported $254K in total revenue in fiscal year 2023. The organization ran a surplus of $216K, a strong 85% operating margin.

Mission

OUR MISSION IS TO HOST EVENTS TO RAISE FUNDS FOR ACADEMIC SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE AND VETERINARY SCHOOL, PRIMARILY AT ROSS UNIVERSITY SCHOOL OF VETERINARY MEDICINE. OUR NONPROFITS NAMESAKE, DR. LANSE T. FOX, WAS A GRADUATE OF RUSVM AND OWED MUCH OF HIS LIFE EXPERIENCE AND SUCCESS TO HIS TIME THERE, AND OUR GOAL IS TO HELP OTHER STUDENTS REALIZE THEIR DREAMS OF GOING TO SCHOOL THERE AND BECOMING VETERINARIANS.

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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 $248,081

Program Service Revenue $0

Investment Income $33

Other Revenue $5,489

TOTAL REVENUE $253,603

Expense Breakdown

Grants Paid $36,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,000

Other Expenses $1,248

TOTAL EXPENSES $37,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$253,603	N/A	N/A
Expenses	$37,248	N/A	N/A
Net Income	$216,355	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES K COLEMAN	EXECUTIVE VI	2.50	Officer	$0	$0	$0
KEITH W FRANKLIN	PRESIDENT	5.00	Officer	$0	$0	$0
ROY FRANKLIN	VP OF COMMUN	2.50	Officer	$0	$0	$0
JASON HART	VICE PRES OF	2.50	Officer	$0	$0	$0
JOHN STACHNIAK	SECRETARY	2.50	Officer	$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	No data	No data	No data	No data
2023	$253,603	$37,248	$277,881	$216,355

THE DR LANSE T FOX MEMORIAL ORGANIZATION