LAB RESCUE OF LRCP INCORPORATED (EIN 521880024) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

TOMMIE CLARE

Phone

3012996756

Tax Period

2023-01-01 to 2023-12-31

LAB RESCUE OF LRCP INCORPORATED, founded in 1991, is a community nonprofit in the Animal-Related sector that reported $1.3M in total revenue in fiscal year 2018. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $225K, a strong 18% operating margin.

Mission

RESCUE AND RE-HOMING/ADOPTION OF LABRADOR RETRIEVER DOGS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $970,185

Program Service Revenue $225,910

Investment Income $60,007

Other Revenue $-76,759

TOTAL REVENUE $1,179,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,844

Fundraising Expenses $0

Program Expenses $1,095,757

Other Expenses $1,013,687

TOTAL EXPENSES $1,154,531

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,179,343	$1,288,924	-0.1%
Expenses	$1,154,531	$1,295,028	-0.1%
Net Income	$24,812	$-6,104	-5.1%

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

Volunteers

350

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
TOMMIE CLARE	PRESIDENT	30.00	Officer Director	$0	$0	$0
CAROL LAGUNDO	CO-VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
TRACY CORMIER	CO-VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
MORI GREEN	SECRETARY	30.00	Officer Director	$0	$0	$0
NAN BENNETT	TREASURER	20.00	Officer Director	$0	$0	$0
DAWN PFAFF	MEMBER	20.00	Director	$0	$0	$0
CYNDI BRUTON	MEMBER	20.00	Director	$0	$0	$0
STERRIE WEAVER	MEMBER EMERITUS	20.00	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	$1,179,343	$1,154,531	$508,262	$24,812
2022	$1,288,924	$1,295,028	$636,723	$-6,104
2021	$1,236,637	$1,084,047	$577,117	$152,590
2020	$1,224,311	$986,158	$394,291	$238,153
2019	$1,159,905	$1,381,523	$221,666	$-221,618
2018	$1,266,932	$1,042,022	$401,605	$224,910

LAB RESCUE OF LRCP INCORPORATED