LBC - LITTLE BRITISH CAR SOCIETY - Form 990 Financial Data

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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

2015

Legal Domicile

Principal Officer

R BRIAN HOFFMAN

Tax Period

2021-01-01 to 2021-12-31

Mission

COLLECT PRESERVE AND TEACH OTHERS ABOUT BRITISH AUTOS. PRESERVE VEHICLES PARTS PHOTOGRAPHS AND MEMORABILIA WHICH ILLUSTRATE BRITISH AUTOMOBILES. TEACH MAINTENANCE AND REBUILDING ALONG WITH APPRECIATION AND COLLECTING OF ANTIQUE BRITISH AUTOS. TEACH THE PROCTICAL SKILLS.

Program Service Accomplishments

Program 1

Expenses: $31,659

LBC SOCIETY IS A CHARITABLE EDUCATIONAL INSTITUTION ESTABLISHED TO COLLECT, PRESERVE, AND TEACH OTHERS ABOUT BRITISH AUTOS. OUR ORGANIZATION FOCUSES ON COLLECTION AND PRESERVATION OF VEHICLES, PARTS, PHOTOGRAPHS, MEMORABILIA, WHICH ILLUSTRATE BRITISH AUTOMOBILES. THE MUSEUM AND TEACHING CENTER WILL REACH OUT TO THE COMMUNITY WITH PRIVATE EXHIBITS, CLASSES, AUTOMOTIVE EVENTS AND OTHER ACTIVITIES FOR ALL AGES. THE GOAL IS TO TEACH MAINTENANCE, AND REBUILDING ALONG WITH APPRECIATION, AND COLLECTING OF ANTIQUE BRITISH AUTOS. UTILIZING TECH DAYS WITH HANDS-ON EDUCATION WE WILL TEACH OTHERS THE PRACTICAL SKILLS TO LEARN AND APPRECIATE OLD BRITISH AUTOMOBILES. THE MAIN FOCUS OF THIS ORGANIZATION IS AN EDUCATIONAL ENVIRONMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,659

Other Expenses $31,659

TOTAL EXPENSES $31,659

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	N/A	N/A
Expenses	$31,659	N/A	N/A
Net Income	N/A	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

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
R BRIAN HOFFMAN	DIRECTOR	0.00	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
2021	No data	$31,659	$184,138	No data
2020	$6,999	$31,529	$207,811	$-24,530
2019	$5,590	$30,812	$221,500	$-25,222
2018	$1	$30,985	$224,001	$-30,984

LBC - LITTLE BRITISH CAR SOCIETY