LAUREL CIVIC ASSOCIATION INC (EIN 650187752) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

PETER M CASAMENTO

Phone

9414833332

Tax Period

2024-07-01 to 2025-06-30

LAUREL CIVIC ASSOCIATION INC, founded in 1989, is a small nonprofit that reported $965K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum.

Mission

Laurel Civics missions is to build strong foundations through educational programs that empower children and families in South Sarasota County to lead successful lives.We provide comprehensive support services, including afterschool academic programs, advocacy, and community initiatives aimed at enhancing quality of life and fostering resilience.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $942,974

Program Service Revenue $8,631

Investment Income $9,394

Other Revenue $3,891

TOTAL REVENUE $964,890

Expense Breakdown

Grants Paid $347,966

Salaries & Benefits $436,632

Fundraising Expenses $76,156

Program Expenses $807,188

Other Expenses $169,302

TOTAL EXPENSES $953,900

Year-over-Year Comparison

	2024	2023	Change
Revenue	$964,890	$526,512	+0.8%
Expenses	$953,900	$492,563	+0.9%
Net Income	$10,990	$33,949	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

300

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

$116,858

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER M CASAMENTO	PRESIDENT/EXECUTIVE DIRECTOR	40.00	Key Emp	$0	$0	$116,858
DANE DESANTIS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TERRI RAMEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DEB BEACH	TREASURER	1.00	Officer Director	$0	$0	$0
DENNIS TURNER	SECRETARY	1.00	Officer Director	$0	$0	$0
AUNDRIA CASTLEBERRY	DIRECTOR	1.00	Director	$0	$0	$0
JOHNNY CASTLEBERRY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE GRIFFITH	DIRECTOR	1.00	Director	$0	$0	$0
ALEX HERRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH ANNE SKINNER	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
2025	$964,890	$953,900	$673,923	$10,990
2024	$526,512	$492,563	$653,538	$33,949
2023	$758,869	$543,063	$626,168	$215,806
2022	$421,404	$453,209	$394,891	$-31,805
2021	$751,986	$522,640	$424,299	$229,346

LAUREL CIVIC ASSOCIATION INC