LARADON FOUNDATION INC

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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

1978

Legal Domicile

Principal Officer

COREY KALA

Phone

3034220650

Tax Period

2024-07-01 to 2025-06-30

LARADON FOUNDATION INC, founded in 1978, is a small nonprofit in the Education sector that reported $289K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $263K, a strong 91% operating margin.

Mission

SUPPORT OF LARADON HALL SOCIETY FOR EXCEPTIONAL CHILDREN AND ADULTS, A 501 (C)(3) TAX-EXEMPT ENTITY.

Program Service Accomplishments

Program 1

THE FOUNDATION'S EXEMPT PURPOSE IS THE SUPPORT OF LARADON HALL FOR EXCEPTIONAL CHILDREN AND ADULTS ("LARADON"). TO THIS END, THE FOUNDATION AND LARADON WORK TOGETHER CLOSELY ON ACTIVITIES THAT HELP ACCOMPLISH LARADON'S CHARITABLE MISSION. THE FOUNDATION'S INVESTMENTS PROVIDE A STABLE SOURCE OF REVENUE FOR LARADON, IT MAKES GRANTS TO LARADON TO SUPPORT ITS PROGRAMS AND CAPITAL NEEDS AS APPLICABLE, AND IT ASSISTS LARADON WITH ITS FUNDRAISING EFFORTS AND EVENTS. THE FOUNDATION IS CRUCIAL IN HELPING LARADON TO CONTINUE TO PROVIDE AND IMPROVE UPON ITS CHARITABLE MISSION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $288,976

Other Revenue $0

TOTAL REVENUE $288,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $26,042

TOTAL EXPENSES $26,042

Year-over-Year Comparison

	2024	2023	Change
Revenue	$288,976	$244,566	+0.2%
Expenses	$26,042	$23,396	+0.1%
Net Income	$262,934	$221,170	+0.2%

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

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

$616,278

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS MCNEILL	CEO THRU 4/2	1.00	Officer	$0	$9,096	$258,317
COREY KALA	CFO	1.00	Officer	$0	$22,852	$186,410
JENNIFER CASTRO	FDTN DIRECTO	39.00	Officer	$0	$7,750	$171,551
DANNY ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA BELGARI	DIRECTOR	1.00	Director	$0	$0	$0
AMY BRANDENBURG	DIRECTOR AS	1.00	Director	$0	$0	$0
CHRIS FELTON	DIRECTOR AS	1.00	Director	$0	$0	$0
JACKIE HANEY	TREASURER	1.00	Officer Director	$0	$0	$0
ELIZABETH HORTON	DIRECTOR AS	1.00	Director	$0	$0	$0
SARAH T COZY JONES	DIRECTOR	1.00	Director	$0	$0	$0
DIANE LIM KALMAN	DIRECTOR	1.00	Director	$0	$0	$0
HILLARY KRUGER	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH LAIRD	DIRECTOR	1.00	Director	$0	$0	$0
CORINNE MIREITER	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA OVERBOE	SECRETARY	1.00	Officer Director	$0	$0	$0
BRANT ROTH	DIRECTOR	1.00	Director	$0	$0	$0
KATIE ROTH	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE WALLING	CHAIR	1.00	Officer Director	$0	$0	$0
JENNA WILBURN	DIRECTOR	1.00	Director	$0	$0	$0
BLAKE WILSON	DIRECTOR	1.00	Director	$0	$0	$0
JILL WINTERS	DIRECTOR	1.00	Director	$0	$0	$0
TRACY VINCIGUERRA	CEO AS OF 4/	1.00	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
2025	$288,976	$26,042	$6,327,176	$262,934
2024	$244,566	$23,396	$5,699,625	$221,170
2023	$8,227	$20,058	$5,239,552	$-11,831
2022	$305,638	$22,772	$4,811,484	$282,866
2021	$738,782	$21,349	$5,237,972	$717,433
2020	$153,734	$546,113	$3,586,316	$-392,379
2019	$156,358	$1,082,365	$4,077,090	$-926,007