Lola M Remington Trust (EIN 756353691) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

American National Bank

Phone

9403972371

Tax Period

2024-04-01 to 2025-03-31

Lola M Remington Trust, founded in 1987, is a micro nonprofit that reported $84K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $1.6M represent 226 months of operating reserves.

Mission

All income is investment in nature and generated for the sole benefit of Texas Tech University and True Cemetery Association. The amounts paid to Texas Tech are used in administering the Ernest H. and Lola M. Remington Scholarship Fund.

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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 $74,449

Other Revenue $9,906

TOTAL REVENUE $84,355

Expense Breakdown

Grants Paid $48,320

Salaries & Benefits $30,177

Fundraising Expenses $0

Program Expenses $48,320

Other Expenses $7,162

TOTAL EXPENSES $85,659

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,355	$77,220	+0.1%
Expenses	$85,659	$73,503	+0.2%
Net Income	$-1,304	$3,717	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Trustee	1.00		$30,177	$0	$30,177

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	$84,355	$85,659	$1,590,874	$-1,304
2024	$77,220	$73,503	$1,590,126	$3,717
2023	$19,496	$69,775	$1,584,422	$-50,279
2022	$215,573	$65,630	$1,631,186	$149,943
2021	$62,698	$60,652	$1,478,582	$2,046

Lola M Remington Trust