LPMC FOUNDATION (EIN 472032801) - 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

WHE DO KIM

Phone

7736802200

Tax Period

2023-01-01 to 2023-12-31

LPMC FOUNDATION, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $65K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 75% operating margin.

Mission

TO PROVIDE FUNDING TO MUSICAL ORGANIZATIONS IN ORDER TO SHARE THE BENEFITS OF A CREATIVE EDUCATION

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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 $46,100

Program Service Revenue $0

Investment Income $18,802

Other Revenue $0

TOTAL REVENUE $64,902

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,000

Other Expenses $5,992

TOTAL EXPENSES $15,992

Year-over-Year Comparison

	2023	2022	Change
Revenue	$64,902	$48,426	+0.3%
Expenses	$15,992	$32,645	-0.5%
Net Income	$48,910	$15,781	+2.1%

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

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
WHE DO KIM	PRESIDENT	2.00	Officer Director	$0	$0	$0
LISA CAPITANINI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARIAM ALSIKAFI	TREASURER	1.00	Officer Director	$0	$0	$0
FANNIE YOUNG	SECRETARY	1.00	Officer Director	$0	$0	$0
JEANE-EMILY DUBOSE	ASSISTANT SECRETARY	1.00	Director	$0	$0	$0
COLIN FLOOD	ASSISTANT TREASURER	1.00	Director	$0	$0	$0
KATYA BUDZINSKI	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER KANG	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
2024	No data	No data	No data	No data
2023	$64,902	$15,992	$785,333	$48,910
2022	$48,426	$32,645	$651,994	$15,781
2021	$163,000	$23,391	$738,502	$139,609
2020	$54,215	$28,067	$564,901	$26,148
2019	$60,828	$20,288	$502,799	$40,540

LPMC FOUNDATION