LORAINE EDUCATION FOUNDATION INC (EIN 611598206) - 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

2008

Legal Domicile

Principal Officer

DUSTIN ANDERS

Phone

3257372235

Tax Period

2023-09-01 to 2024-08-31

LORAINE EDUCATION FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $299K in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. Expenses of $762K exceeded revenue, resulting in a 155% operating deficit.

Mission

TO PROVIDE SUPPORT AND BENEFIT EXCLUSIVELY FOR THE LORAINE INDEPENDENT SCHOOL DISTRICT.

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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 $0

Program Service Revenue $0

Investment Income $299,477

Other Revenue $0

TOTAL REVENUE $299,477

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,928

Other Expenses $762,282

TOTAL EXPENSES $762,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$299,477	$144,535	+1.1%
Expenses	$762,282	$157,525	+3.8%
Net Income	$-462,805	$-12,990	+34.6%

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

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

$108,156

Total Directors

$108,156

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUSTIN ANDERS	Director	2.00	Officer Director	$0	$0	$108,156
FRANK GARCIA JR	Director	1.00	Officer Director	$0	$0	$0
JESSE LIMONES JR	Director	1.00	Director	$0	$0	$0
LEE YBARRA	Director	1.00	Director	$0	$0	$0
SONYA YBARRA	Director	1.00	Director	$0	$0	$0
TABATHA DELGADO	Director	1.00	Director	$0	$0	$0
SUSAN SANCHEZ	Director	1.00	Director	$0	$0	$0
ERIC WOODDELL	Director	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
2024	$299,477	$762,282	$3,258,689	$-462,805
2023	$144,535	$157,525	$3,721,494	$-12,990
2022	$1,148,636	$101,711	$4,934,484	$1,046,925
2021	$133,313	$54,624	$3,887,559	$78,689
2020	$106,690	$168,145	$3,808,870	$-61,455
2019	$381,987	$212,635	$3,870,325	$169,352
2018	$731,000	$341,084	$3,700,973	$389,916

LORAINE EDUCATION FOUNDATION INC