Lamb Foundation of NC Inc (EIN 562139696) - 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

1999

Legal Domicile

Phone

7046180428

Tax Period

2024-07-01 to 2025-06-30

Lamb Foundation of NC Inc, founded in 1999, is a small nonprofit in the Mental Health sector that reported $641K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Provide support for persons in North Carolina with intellectual disabilities.

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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 $607,070

Program Service Revenue $0

Investment Income $33,867

Other Revenue $0

TOTAL REVENUE $640,937

Expense Breakdown

Grants Paid $658,369

Salaries & Benefits $0

Fundraising Expenses $6,154

Program Expenses $661,842

Other Expenses $22,381

TOTAL EXPENSES $680,750

Year-over-Year Comparison

	2024	2023	Change
Revenue	$640,937	$564,133	+0.1%
Expenses	$680,750	$564,419	+0.2%
Net Income	$-39,813	$-286	+138.2%

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

900

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
Chris Losack	Director	1.00	Director	$0	$0	$0
Sergio Miranda	Director	1.00	Director	$0	$0	$0
Richard Lewis	Director	1.00	Director	$0	$0	$0
Joseph McCarthy	Director	1.00	Director	$0	$0	$0
Tim Kelley	Director	1.00	Director	$0	$0	$0
JC Reiher	Director	1.00	Director	$0	$0	$0
Chris Kremer	Director	1.00	Director	$0	$0	$0
Richard White	Director	1.00	Director	$0	$0	$0
Dr Maria Ave Lachiewicz	Director	1.00	Director	$0	$0	$0
John C Gouldie	President	2.00	Officer Director	$0	$0	$0
Colin Jorsch	Vice President	1.00	Officer Director	$0	$0	$0
Allen Bizub	Treasurer	4.00	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
2025	$640,937	$680,750	$477,323	$-39,813
2024	$564,133	$564,419	$330,277	$-286
2023	$537,220	$534,813	$330,563	$2,407
2022	$524,851	$495,149	$328,156	$29,702
2021	$348,961	$293,347	$298,454	$55,614
2020	$438,036	$552,521	$240,623	$-114,485
2019	$546,337	$575,077	$355,108	$-28,740

Lamb Foundation of NC Inc