LAUREL HIGHLANDS EDUCATION AND ROBOTICS INC (EIN 474455604) - 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

2017

Legal Domicile

Principal Officer

MICHELE LAMKIN

Phone

8142885785

Tax Period

2024-01-01 to 2024-12-31

LAUREL HIGHLANDS EDUCATION AND ROBOTICS INC, founded in 2017, is a small nonprofit in the Youth Development sector that reported $154K in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 39% operating margin.

Mission

THE ORGANIZATION IS DEDICATED TO CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES WHICH BENEFIT YOUTH AND THE PUBLIC. THE ORGANIZATION'S MAIN ACTIVITY IS DEVELOPING TOMORROW'S TECHNOLOGY WORK FORCE BY PROVIDING COACHING, MENTORING, AND FINANCIAL SUPPORT TO LOCAL ROBOTICS TEAMS WHO PARTICIPATE IN COMPETITIONS THROUGH A WORLDWIDE ORGANIZATION CALLED FIRST.

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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 (2024)

Revenue Breakdown

Contributions & Grants $148,278

Program Service Revenue $5,180

Investment Income $59

Other Revenue $0

TOTAL REVENUE $153,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,835

Fundraising Expenses $156

Program Expenses $84,796

Other Expenses $88,478

TOTAL EXPENSES $94,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,517	$67,674	+1.3%
Expenses	$94,313	$84,359	+0.1%
Net Income	$59,204	$-16,685	-4.5%

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

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

$5,834

Total Directors

$5,834

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE LAMKIN	PRESIDENT/TR	35.00	Officer Director	$5,834	$0	$5,834
ELLEN DOYLE	SECRETARY	0.50	Officer Director	$0	$0	$0
MICHAEL REAM	VICE-PRESIDE	10.00	Officer 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	$153,517	$94,313	$79,494	$59,204
2023	$67,674	$84,359	$19,291	$-16,685
2022	$84,869	$77,741	$40,019	$7,128
2021	$38,518	$34,121	$29,435	$4,397
2020	$34,644	$36,515	$25,917	$-1,871
2019	$36,355	$33,604	$26,881	$2,751
2018	$35,558	$26,755	$25,359	$8,803

LAUREL HIGHLANDS EDUCATION AND ROBOTICS INC