THE LUDOWICI COMMUNITY FOUNDATION (EIN 471801429) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MIKE HILLIARD

Phone

7403425810

Tax Period

2023-01-01 to 2023-12-31

THE LUDOWICI COMMUNITY FOUNDATION, founded in 2014, is a micro nonprofit in the Youth Development sector that reported $61K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $83K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO PROVIDE A HEALTH AND RECREATIONAL AREA FOR USE BY THE GENERAL PUBLIC IN THE NEW LEXINGTON,OHIO AND SURROUNDING AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $29,703

Program Service Revenue $12,264

Investment Income $24

Other Revenue $18,794

TOTAL REVENUE $60,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,159

Other Expenses $83,159

TOTAL EXPENSES $83,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,785	$54,708	+0.1%
Expenses	$83,159	$66,671	+0.2%
Net Income	$-22,374	$-11,963	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JEANETTE ADDINGTON	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELLE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HILLIARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
THERESSA KANE	DIRECTOR	1.00	Officer Director	$0	$0	$0
CHRIS MOONEY	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE RAINEY	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	$60,785	$83,159	$320,142	$-22,374
2022	$54,708	$66,671	$342,515	$-11,963
2021	$14,768	$54,078	$359,739	$-39,310
2020	$24,240	$51,265	$394,378	$-27,025
2019	$11,702	$166,418	$443,756	$-154,716
2018	$74,256	$50,567	$594,728	$23,689

THE LUDOWICI COMMUNITY FOUNDATION