LAKE NORMAN LITTLE LEAGUE INC (EIN 561335972) - 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

2011

Legal Domicile

Principal Officer

ROB JOHNSTON

Tax Period

2023-01-01 to 2023-12-31

LAKE NORMAN LITTLE LEAGUE INC, founded in 2011, is a small nonprofit in the Education sector that reported $524K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $599K exceeded revenue, resulting in a 14% operating deficit.

Mission

To provide recreational baseball and softball experience for area youth consistent with the Little League mission to develop the qualities of citizenship, discipline, teamwork and physical well being for young athletes.

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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 $478,063

Program Service Revenue $0

Investment Income $0

Other Revenue $45,978

TOTAL REVENUE $524,041

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,458

Program Expenses $557,196

Other Expenses $598,603

TOTAL EXPENSES $598,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$524,041	$480,666	+0.1%
Expenses	$598,603	$495,227	+0.2%
Net Income	$-74,562	$-14,561	+4.1%

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

640

Independent Members

640

Employees

N/A

Volunteers

640

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
DARREN BEST	TREASURER	5.00	Officer	$0	$0	$0
ROB JOHNSTON	PRESIDENT	15.00	Officer	$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	$524,041	$598,603	$53,943	$-74,562
2022	$480,666	$495,227	$128,505	$-14,561
2021	$408,180	$382,594	$143,066	$25,586
2020	$212,993	$195,413	$117,480	$17,580
2019	$338,193	$285,633	$99,900	$52,560
2018	$295,960	$305,564	$47,140	$-9,604

LAKE NORMAN LITTLE LEAGUE INC