THE LAYMAN FOUNDATION

EIN: 620535344 501(c)(3) Philanthropy & Grantmaking

CHATTANOOGA, TN

Total Revenue
$303,253
Total Expenses
$374,476
Total Assets
$2,402,748
Net Assets
$2,386,996
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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
1924
Legal Domicile
TN
Principal Officer
RON OXENTENKO
Phone
4236434080
Tax Period
2023-01-01 to 2023-12-31

THE LAYMAN FOUNDATION, founded in 1924, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $303K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $374K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROMOTE/SUPPORT CHRISTIAN EDUCATION WITH WORK STUDY/AGRICULTURAL EMPHASIS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $300,000
Program Service Revenue $0
Investment Income $251
Other Revenue $3,002
TOTAL REVENUE $303,253

Expense Breakdown

Grants Paid $300,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $324,185
Other Expenses $74,476
TOTAL EXPENSES $374,476

Year-over-Year Comparison

2023 2022 Change
Revenue $303,253 $429,563 -0.3%
Expenses $374,476 $393,598 0.0%
Net Income $-71,223 $35,965 -3.0%
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

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Governance

Voting Members
8
Independent Members
8
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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE DICKMAN PRESIDENT N/A
Officer Director
$0 $0 $0
CHESTER CLARK VICE PRESIDE N/A
Officer Director
$0 $0 $0
RON OXENTENKO SECRETARY/TR N/A
Officer Director
$0 $0 $0
ROBERT D ZOLLINGER BOARD MEMBER N/A
Director
$0 $0 $0
ALBERT DITTES BOARD MEMBER N/A
Director
$0 $0 $0
CHARLENE RODMAN BOARD MEMBER N/A
Director
$0 $0 $0
WANDA SARR BOARD MEMBER N/A
Director
$0 $0 $0
JESSE ZWICKER BOARD MEMBER 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 No data No data No data No data
2023 $303,253 $374,476 $2,402,748 $-71,223
2022 $429,563 $393,598 $2,480,804 $35,965
2021 $526,795 $522,999 $2,463,873 $3,796
2020 $132,602 $152,186 $4,247,732 $-19,584
2019 $-34,711 $50,067 $4,229,448 $-84,778
2018 $23,546 $132,380 $4,349,533 $-108,834
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