LET IT SHINE PARENTS CLUB

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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

1998

Legal Domicile

Principal Officer

LORI REDDING

Tax Period

2021-06-01 to 2022-05-31

LET IT SHINE PARENTS CLUB, founded in 1998, is a small nonprofit in the Youth Development sector that reported $301K in total revenue in fiscal year 2021. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE LET IT SHINE PARENTS CLUB SHALL STRIVE TO SERVE GOD IN ALL ITS EFFORTS TO SUPPORT THE LET IT SHINE GIRLS GYMNASTICS TEAM. THIS SUPPORT INCLUDES FUNDRAISING, AND EVEN MORE IMPORTANTLY, AN ATMOSPHERE OF CHRIST-LIKE LOVE AND UNITY.

Program Service Accomplishments

Program 1

Expenses: $195,074 Revenue: $153,033

92 LET IT SHINE GYMNASTS WERE TRAINED AND PARTICIPATED IN GYMNASTIC ACTIVITIES THROUGHOUT THE 2021 FISCAL YEAR, INCLUDING 17 GYMNNASTICS MEETS/COMPETITIONS.

Program 2

Expenses: $114,604 Revenue: $102,490

LET IT SHINE PARENTS CLUB HOSTED A GYMNASTICS MEET IN 2021 WHEREIN APPROXIMATELY 643 GYMNASTS FROM ACCROSS THE UNITED STATES TRAVELED TO NASHVILLE TO COMPETE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $41,798

Program Service Revenue $255,522

Investment Income $0

Other Revenue $4,015

TOTAL REVENUE $301,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $309,678

Other Expenses $312,622

TOTAL EXPENSES $312,622

Year-over-Year Comparison

	2021	2020	Change
Revenue	$301,335	$253,379	+0.2%
Expenses	$312,622	$232,169	+0.3%
Net Income	$-11,287	$21,210	-1.5%

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
LORI REDDING	TREASURER	5.00	Officer	$0	$0	$0
JENN COONS	FUNDRAISING CHAIR	5.00	Officer	$0	$0	$0
CAITLIN MORRISON	SECRETARY	5.00	Officer	$0	$0	$0
LEEANNE LANE	PRESIDENT	5.00	Officer	$0	$0	$0
AMBER COLLINS	VICE PRESIDENT	5.00	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	$301,335	$312,622	$60,516	$-11,287
2021	$253,379	$232,169	$91,193	$21,210
2020	$295,790	$240,446	No data	$55,344
2019	$319,602	$303,044	$42,189	$16,558