LONSDALE AVE SUPPORT CORPORATION

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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

DAVID UMANSKY

Phone

2125717260

Tax Period

2022-01-01 to 2022-12-31

LONSDALE AVE SUPPORT CORPORATION, founded in 2014, is a small nonprofit that reported $312K in total revenue in fiscal year 2022. Revenue surged 325% from the prior year, signaling strong growth momentum.

Mission

TO ASSIST NOT-FOR-PROFIT CHARTER SCHOOL OPERATORS IN THE DEVELOPMENT OF NEW SCHOOL FACILITIES BY HOLDING TITLE TO PROPERTY WHICH WILL THEN BE DEVELOPED AS NEW CHARTER SCHOOLS.

Program Service Accomplishments

Program 1

Expenses: $312,473 Revenue: $312,275

THE CORPORATION WAS FORMED FOR THE PURPOSE OF ASSISTING NOT-FOR-PROFIT CHARTER SCHOOL OPERATORS IN THE DEVELOPMENT OF NEW SCHOOL FACILITIES BY HOLDING TITLE TO PROPERTY WHICH WILL THEN BE DEVELOPED...

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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 (2022)

Revenue Breakdown

Contributions & Grants $312,275

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $312,275

Expense Breakdown

Grants Paid $312,335

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $312,473

Other Expenses $138

TOTAL EXPENSES $312,473

Year-over-Year Comparison

	2022	2021	Change
Revenue	$312,275	$73,546	+3.2%
Expenses	$312,473	$73,684	+3.2%
Net Income	$-198	$-138	+0.4%

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
DAVID UMANSKY	PRESIDENT	1.00	Officer	$0	$0	$0
FRANK BUCCOLA	SECRETARY & TREASURER	1.00	Officer	$0	$0	$0
JEREMY CHIAPPETTA	VICE PRESIDENT	1.00	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
2022	$312,275	$312,473	No data	$-198
2021	$73,546	$73,684	$1,762,980	$-138
2020	$102,576	$102,714	$-190,246	$-138
2019	$91,754	$91,892	$-119,809	$-138
2018	$104,570	$104,208	$-69,777	$362