LOCAL BUILDING AUTHORITY OF MT PLEASANT CITY UTAH (EIN 611678757) - 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

2016

Legal Domicile

Principal Officer

CONSTANCE A ROPER

Phone

4354622456

Tax Period

2022-01-01 to 2022-12-31

LOCAL BUILDING AUTHORITY OF MT PLEASANT CITY UTAH, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $96K in total revenue in fiscal year 2022.

Mission

The Local Building Authority of MT Pleasant CityLBA has been created to own an equestrian/event center and a aquatic center. Our past, present and planned activities are very presise MT Pleasant City city has a lease with LBA, and unnder the lease is responsible for the lease payments commensurate with payments due on the Revenue Bond with the Community Impact Board of the State of Utah CIB The city, as a lessee, is responsible for the fundraising development, management enity, oversees all aspects of development an does so in accordance with all federal, state and local laws, statutes and ordinances. The land and building of the Equestrian center is estimated at 2,300,000 and the land and building of the Aquatic centeris 2,000,000.

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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 (2022)

Revenue Breakdown

Contributions & Grants $95,775

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $95,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $95,775

TOTAL EXPENSES $95,775

Year-over-Year Comparison

	2022	2021	Change
Revenue	$95,775	$96,150	0.0%
Expenses	$95,775	$96,150	0.0%
Net Income	$0	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL OLSEN	MAYOR	010.00	Officer	$0	$0	$0
ROUNDY BLACK	COUNCIL MEMBER	005.00	Officer	$0	$0	$0
RUSSEL KEISEL	COUNCIL MEMBER	005.00	Officer	$0	$0	$0
SAM DRAPER	COUNCIL MEMBER	005.00	Officer	$0	$0	$0
ROBERT D OXMAN	FINANCE DIRECTOR	010.00	Officer	$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
2022	$95,775	$95,775	No data	No data
2021	$96,150	$96,150	No data	No data
2019	$95,450	$95,450	No data	No data

LOCAL BUILDING AUTHORITY OF MT PLEASANT CITY UTAH