FRANKIE LEMMON FOUNDATION INC (EIN 561572087) - 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

1987

Legal Domicile

Principal Officer

MARSHA HARGETTE

Phone

9198458880

Tax Period

2024-07-01 to 2025-06-30

FRANKIE LEMMON FOUNDATION INC, founded in 1987, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 33% operating margin.

Mission

FUNDRAISING TO SUPPORT THE FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER AND LEMMON TREE ACADEMY OPERATIONS.

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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 $5,417,726

Program Service Revenue $0

Investment Income $436,648

Other Revenue $-76,781

TOTAL REVENUE $5,777,593

Expense Breakdown

Grants Paid $2,576,000

Salaries & Benefits $841,345

Fundraising Expenses $635,018

Program Expenses $2,646,244

Other Expenses $435,848

TOTAL EXPENSES $3,853,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,777,593	$3,966,952	+0.5%
Expenses	$3,853,193	$3,652,097	+0.1%
Net Income	$1,924,400	$314,855	+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

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

$271,788

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN HUGHES	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
MARTHA DERBYSHIRE	VICE CHAIR	0.50	Officer Director	$0	$0	$0
TREY BAILEY	SECRETARY	0.50	Officer Director	$0	$0	$0
MEREDITH KEYES	TREASURER/ FINANCE COMMITT	0.50	Officer Director	$0	$0	$0
MATT ARNOLD	BOARD MEMBER	0.50	Director	$0	$0	$0
AMY BRITT	BOARD MEMBER	0.50	Director	$0	$0	$0
ANGIE BUCHANAN	BOARD MEMBER	0.50	Director	$0	$0	$0
ETTA BUCKMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID CARRIER	BOARD MEMBER	0.50	Director	$0	$0	$0
ADAM DERBYSHIRE	BOARD MEMBER	0.50	Director	$0	$0	$0
BARRY GARDNER	BOARD MEMBER	0.50	Director	$0	$0	$0
PAUL HART	BOARD MEMBER	0.50	Director	$0	$0	$0
EMILY HODGES	BOARD MEMBER	0.50	Director	$0	$0	$0
MIKE NICHOLS	BOARD MEMBER	0.50	Director	$0	$0	$0
JOE PATTERSON	BOARD MEMBER	0.50	Director	$0	$0	$0
LEE PRYOR	BOARD MEMBER	0.50	Director	$0	$0	$0
DR LILY ROGERS HARRIS	BOARD MEMBER	0.50	Director	$0	$0	$0
JUDGE VINCE ROZIER	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHAEL THOMAS	BOARD MEMBER	0.50	Director	$0	$0	$0
DOUG WARF	BOARD MEMBER	0.50	Director	$0	$0	$0
PAUL WARREN	BOARD MEMBER	0.50	Director	$0	$0	$0
MARSHA HARGETTE	EXECUTIVE DIRECTOR	30.00	Officer	$167,824	$7,467	$175,291
PETE EKENSTIERNA	FINANGE MANAGER	30.00	Officer	$92,677	$3,820	$96,497

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
2025	$5,777,593	$3,853,193	$10,538,293	$1,924,400
2024	$3,966,952	$3,652,097	$8,617,117	$314,855
2023	$3,329,470	$2,730,243	$7,710,550	$599,227
2022	$3,023,119	$1,710,054	$6,622,579	$1,313,065
2021	$1,795,716	$1,704,773	$6,041,265	$90,943
2020	$1,902,049	$2,175,160	$4,844,391	$-273,111
2019	$2,438,524	$2,033,776	$4,978,936	$404,748
2018	$3,376,413	$2,173,328	$4,665,873	$1,203,085

FRANKIE LEMMON FOUNDATION INC