LOCKPORT CARES INC (EIN 562677211) - 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

2007

Legal Domicile

Principal Officer

REV ALAN BAUCH

Phone

7169406627

Tax Period

2024-01-01 to 2024-12-31

LOCKPORT CARES INC, founded in 2007, is a small nonprofit in the Education sector that reported $304K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $338K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION PROVIDES CHARITABLE RELIEF IN THE FORM OF EMERGENCY SHELTER, MATERIAL NEEDS, AND COMPASSIONATE CARE FOR THE HOMELESS AND PERSONS IN NEED IN THE EASTERN NIAGARA COUNTY, NEW YORK AREA.

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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 $245,917

Program Service Revenue $0

Investment Income $5,719

Other Revenue $52,682

TOTAL REVENUE $304,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,087

Fundraising Expenses $0

Program Expenses $295,237

Other Expenses $123,271

TOTAL EXPENSES $338,358

Year-over-Year Comparison

	2024	2023	Change
Revenue	$304,318	$271,882	+0.1%
Expenses	$338,358	$304,491	+0.1%
Net Income	$-34,040	$-32,609	+0.0%

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

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
REV ALAN BAUCH	PRESIDENT	N/A	Officer Director	$0	$0	$0
TIM MURPHY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RUTH VERRATTI	DIRECTOR	N/A	Director	$0	$0	$0
MATT GRIMALDI	TREASURER	N/A	Officer Director	$0	$0	$0
KIM MANSFIELD	SECRETARY	N/A	Officer Director	$0	$0	$0
SANDRA HOUCK	DIRECTOR	N/A	Director	$0	$0	$0
LOUIS POPA	DIRECTOR	N/A	Director	$0	$0	$0
MARK LIDDELL	DIRECTOR	N/A	Director	$0	$0	$0
ALAN JACK	DIRECTOR	N/A	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	$304,318	$338,358	$458,784	$-34,040
2023	$271,882	$304,491	$490,720	$-32,609
2022	$287,000	$310,048	$518,448	$-23,048
2021	$289,653	$274,540	$549,093	$15,113
2020	$209,711	$247,774	$533,980	$-38,063
2019	$251,236	$182,456	$553,182	$68,780
2018	$224,450	$173,878	$484,402	$50,572

LOCKPORT CARES INC