LANIER TECHNICAL COLLEGE FOUNDATION (EIN 581688866) - 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

1985

Legal Domicile

Principal Officer

BRETT BERTO

Phone

7705316396

Tax Period

2023-07-01 to 2024-06-30

LANIER TECHNICAL COLLEGE FOUNDATION, founded in 1985, is a small nonprofit that reported $682K in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 27% operating margin.

Mission

TO SUPPORT LANIER TECHNICAL COLLEGE BY ENHANCING ITS IMAGE AND EXPANDING AWARENESS AND OPPORTUNITIES OF THE COLLEGE AS A WORKFORCE DEVELOPMENT RESOURCE

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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 $566,479

Program Service Revenue $0

Investment Income $105,464

Other Revenue $9,745

TOTAL REVENUE $681,688

Expense Breakdown

Grants Paid $410,270

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $468,456

Other Expenses $86,415

TOTAL EXPENSES $496,685

Year-over-Year Comparison

	2023	2022	Change
Revenue	$681,688	$314,724	+1.2%
Expenses	$496,685	$207,988	+1.4%
Net Income	$185,003	$106,736	+0.7%

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

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
BRETT BERTO	CHAIR	1.00	Officer Director	$0	$0	$0
CHUCK CARTER	TRUSTEE	1.00	Director	$0	$0	$0
BRAD DAY	TRUSTEE	1.00	Director	$0	$0	$0
BLAKE HOUSE	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS JENNINGS	TREASURER	1.00	Officer Director	$0	$0	$0
JOE LEONARDO	TRUSTEE	1.00	Director	$0	$0	$0
TOMMY SANDERS	TRUSTEE	1.00	Director	$0	$0	$0
LAUREN ARMOUR TALLEY	EXECUTIVE DI	40.00	Officer Director	$0	$0	$0
KEVIN TANNER	TRUSTEE	1.00	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
2025	No data	No data	No data	No data
2024	$681,688	$496,685	$5,465,168	$185,003
2023	$314,724	$207,988	$4,999,325	$106,736
2022	$230,619	$496,382	$4,728,408	$-265,763
2021	$669,812	$430,339	$5,323,750	$239,473
2020	$160,106	$621,870	$4,752,438	$-461,764
2019	$530,867	$635,573	$5,198,726	$-104,706
2018	$3,396,548	$924,371	$4,589,424	$2,472,177
2018	$4,049,144	$921,117	$5,245,274	$3,128,027

LANIER TECHNICAL COLLEGE FOUNDATION