L P S DEVELOPMENT CORPORATION (EIN 752039769) - 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

1992

Legal Domicile

Principal Officer

ROGER PERRY

Phone

2148262931

Tax Period

2022-08-01 to 2023-07-31

L P S DEVELOPMENT CORPORATION, founded in 1992, is a micro nonprofit in the Education sector that reported $112K in total revenue in fiscal year 2022.

Mission

THE ORGANIZATION WAS ESTABLISHED TO RECEIVE, MAINTAIN AND OWN REAL ESTATE AND USE ANY OR ALL THE DERIVED INCOME FOR EDUCATIONAL PURPOSES AS NEEDED BY LAKEHILL PREPARATORY SCHOOL.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $-111,708

TOTAL REVENUE $-111,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-111,708	$-107,917	+0.0%
Expenses	N/A	N/A	N/A
Net Income	N/A	$-107,917	N/A

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

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

$198,869

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE MCCOSKEY	CFO	1.00	Officer	$0	$18,034	$198,869
BRENT ROSENTHAL	President	1.00	Officer Director	$0	$0	$0
LYNN SURLS	Treasurer	1.00	Officer Director	$0	$0	$0
TIM MACK	VP/SECRETARY	1.00	Officer 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	$-111,708	No data	$10,627,127	No data
2022	$-107,917	No data	$10,203,391	No data
2021	$-123,840	No data	$10,424,647	No data
2020	$-141,177	No data	$10,821,875	No data
2019	$-157,606	No data	$11,219,102	No data
2018	$-212,183	No data	$11,616,331	No data

L P S DEVELOPMENT CORPORATION